| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16275 |
| 来源ID | Working Paper 16275 |
| Automatic Stabilizers and Economic Crisis: US vs. Europe | |
| Mathias Dolls; Clemens Fuest; Andreas Peichl | |
| 发表日期 | 2010-08-19 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 47 percent of the shock are absorbed in the EU, compared to 34 per cent in the US. This cushioning of disposable income leads to a demand stabilization of up to 30 per cent in the EU and up to 20 per cent in the US. There is large heterogeneity within the EU. Automatic stabilizers in Eastern and Southern Europe are much lower than in Central and Northern European countries. We also investigate whether countries with weak automatic stabilizers have enacted larger fiscal stimulus programs. We find no evidence supporting this view. |
| 主题 | Macroeconomics ; Business Cycles ; Public Economics ; Taxation |
| URL | https://www.nber.org/papers/w16275 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573948 |
| 推荐引用方式 GB/T 7714 | Mathias Dolls,Clemens Fuest,Andreas Peichl. Automatic Stabilizers and Economic Crisis: US vs. Europe. 2010. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16275.pdf（297KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
