How effective are automatic fiscal stabilisers in the OECD countries?
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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This paper proposes an approach to assess the extent of automatic fiscal stabilisation of aggregate household disposable income after a specific shock. The approach is based on the national account identity of household disposable income and elements of the OECD methodology to cyclically adjust budget balances. In a stylised scenario assuming a...
