Automatic Stabilisers and Market Flexibility in EMU: Is There A Trade-Off?
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
下载链接：
https://www.oecd.org/en/publications/automatic-stabilisers-and-market-flexibility-in-emu_642866215738.html
下载链接
链接失效反馈官方服务：
资源简介：
It is often claimed that tax and welfare reforms that aim at enhancing efficiency may come at the cost of cyclical stabilisation. Reducing the generosity of welfare systems and lowering taxes may boost efficiency and output, and improve market adjustment to shocks. But, by reducing the size of automatic stabilisers, it may also imply less cyclical...
