Construct · 1 fields · 1 citations

automatic stabilizers: a standalone construct

One name. One construct. A landmark on the map.

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Public economics

taxes and transfers that automatically dampen swings in disposable income over the business cycle without new legislation.

In public economics, automatic stabilizers refers to taxes and transfers that automatically dampen swings in disposable income over the business cycle without new legislation. This meaning comes from Auerbach (2000) in Journal of Economic Perspectives.[1]

Unit
Recovery means
Measured by

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Nearby constructs

business1 fields · 1 citationsanchor · a standalone construct cycle4 fields · 4 citationsjingle · one word, four constructs

References

Auerbach, A. J., & Feenberg, D. (2000). The Significance of Federal Taxes as Automatic Stabilizers. Journal of Economic Perspectives, 14(3), 37-56. https://doi.org/10.1257/jep.14.3.37

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