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Automatic fiscal stabilisers: Recent evolution and policy options to boost their effectiveness

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Organisation for Economic Co-operation and Development2026-04-11 收录
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Building on the automatic fiscal stabilisers literature, this paper assesses how automatic stabilisers have evolved over the past two decades by analysing changes in the personal income tax and social benefit systems. In three-quarters of the 35 OECD countries analysed, indicators of the strength of automatic stabilisers (aggregate elasticities of...
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