Author: IMF. 2015. Chapter 2
Tuesday 15 November 2016, by Carlos San Juan
7 Automatic Stabilizers and the business cycle debate
a) Can fiscal Policy Stabilize output?
b) How stabilizing is fiscal policy?
c) What is the relative importance of automatic stabilizers?
d) What is the impact of fiscal stabilization on the level and volatility of economic growth?
e) Are there adverse side effects to using fiscal policy to pursue economic stabilization?