Search Results - subject:"automatic stabilization"

Retirement, health, unemployment, the business cycle and automatic stabilization in the OECD

Darby, Julia; Mélitz, Jacques - Money Macro and Finance Research Group - 2007

Official adjustments of the budget balance to the cycle assume that the only category of gov-ernment spending that responds automatically to the cycle is unemployment compensation. But estimates show otherwise. Payments for pensions, sickness, subsistence, invalidity, childcare and subsidies of...

Persistent link: https://www.econbiz.de/10004971117

Joint estimates of automatic and discretionary fiscal policy: the OECD 1981-2003

Darby, Julia; Melitz, Jacques - Agricultural and Applied Economics Association - AAEA - 2012

and other spending as a bare minimum. Our headline results for a panel of 20 OECD countries in 1981-2003 are .59 automatic … stabilization in percentage-points of primary surplus balances. All of this stabilization remains following discretionary responses …

Persistent link: https://www.econbiz.de/10010878970

Joint estimates of automatic and discretionary fiscal policy: the OECD 1981-2003

Darby, Julia; Melitz, Jacques - Agricultural and Applied Economics Association - AAEA - 2012

Persistent link: https://www.econbiz.de/10010879022

Joint estimates of automatic and discretionary fiscal policy: the OECD 1981-2003

Darby, Julia; Melitz, Jacques - Scottish Institute for Research in Economics (SIRE) - 2012

Persistent link: https://www.econbiz.de/10011075641

Joint estimates of automatic and discretionary fiscal policy: the OECD 1981-2003

Darby, Julia; Melitz, Jacques - Scottish Institute for Research in Economics (SIRE) - 2012

Persistent link: https://www.econbiz.de/10011075711

Joint estimates of automatic and discretionary fiscal policy: the OECD 1981-2003

Darby, Julia; Melitz, Jacques - C.E.P.R. Discussion Papers - 2011

Persistent link: https://www.econbiz.de/10009003375

Joint Estimates of Automatic and Discretionary Fiscal Policy: The OECD 1981-2003

Melitz, Jacques; Darby, Julia - Centre de Recherche en Économie et Statistique … - 2011

Persistent link: https://www.econbiz.de/10010548462

Labour Market Adjustment, Social Spending and the Automatic Stabilizers in the OECD

Darby, Julia; Melitz, Jacques - C.E.P.R. Discussion Papers - 2007

The macroeconomic literature on automatic stabilization tends to focus on taxes and dismiss the relevance of government … results in studies of labour and health. Moreover, when the focus is on the ratio of the net surplus to output, automatic … stabilization comes essentially from the spending side. Taxes contribute nothing at all. …

Persistent link: https://www.econbiz.de/10005792265

Non-Discretionary and Automatic Fiscal Policy in the EU and the OECD

Melitz, Jacques - C.E.P.R. Discussion Papers - 2005

Official adjustments of the budget balance to the cycle merely assume that the only category of government spending that responds automatically to the cycle is unemployment compensation. But estimates show otherwise. Payments for pensions, health, subsistence, invalidity, childcare and subsidies...

Persistent link: https://www.econbiz.de/10005788878