Discretionary Measures and Automatic Stabilizers in the Croatian Fiscal Policy
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چکیده
منابع مشابه
Automatic stabilization and discretionary fiscal policy in the financial crisis
© L p Abstract: This paper investigates the relationship between the magnitude of automatic stabilizers in the tax and transfer systems of 19 EU countries and the US, and discretionary fiscal stimulus packages passed by these countries during the recent economic crisis. In particular, we ask whether countries with larger automatic stabilizers have enacted smaller discretionary fiscal stimulus p...
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n 1992, President Bush proposed legislation intended to speed up the recovery from the 1990-91 recession. Congress rejected this proposal for countercyclical fiscal policy stimulus. In early 1993 President Clinton proposed his own stimulus package, but Congress rejected this proposal too. Many reasons were given for deciding against these two discretionary fiscal policy proposals, but perhaps t...
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FOCUS ON EUROPEAN ECONOMIC INTEGRATION Q2/09
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69 utomatic stabilizers are a very old idea. Indeed, they are a very old, very Keynesian, idea. At the same time, they fit well with the current mistrust of discretionary policy and the focus on policy rules. Yet in the last ten years, they have not been discussed much by academics. For all of these reasons, it is indeed a good time to revisit the issues. Are automatic stabilizers an old and go...
متن کاملCommentary: Is There a Role for Discretionary Fiscal Policy?
Alan Auerbach has given us a valuable paper loaded with new empirical research on the macroeconomics of fiscal policy. I agree with his basic conclusion that there is little evidence that (the effects of discretionary fiscal policy) have provided a significant contribution to economic stabilization, if, in fact, they have worked in the right direction at all. I, therefore, concur with his sup...
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ژورنال
عنوان ژورنال: Economic Research-Ekonomska Istraživanja
سال: 2011
ISSN: 1331-677X,1848-9664
DOI: 10.1080/1331677x.2011.11517467