| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1014 |
| DP1014 Educational Choice, Lifetime Earnings Inequality, and Conflicts of Public Policy | |
| Robert K von Weizsäcker | |
| 发表日期 | 1994-09-30 |
| 出版年 | 1994 |
| 语种 | 英语 |
| 摘要 | State budgets in the United States played a significant macroeconomic role in the 1970s and 1980s, and the level of cyclical responsiveness was affected by the severity of statutory and constitutional fiscal restraints. Moving from no fiscal restraints to the most stringent restraints lowered the fiscal offset to income fluctuations by around 40%. Simulations indicate that a reduction in aggregate fiscal stabilizers of this size could lead to a significant increase in the variance of aggregate output. |
| 主题 | International Macroeconomics |
| 关键词 | Fiscal restraints Fiscal stabilization |
| URL | https://cepr.org/publications/dp1014 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530156 |
| 推荐引用方式 GB/T 7714 | Robert K von Weizsäcker. DP1014 Educational Choice, Lifetime Earnings Inequality, and Conflicts of Public Policy. 1994. |
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