AN ANALYSIS OF THE STABILIZATION EFFECTS OF SOCIAL SPENDING
AN ANALYSIS OF THE STABILIZATION EFFECTS OF SOCIAL SPENDING
Author(s): Corina Şerban (Boiceanu)Subject(s): Economy
Published by: Editura Eurostampa
Keywords: social spending; automatic stabilisers
Summary/Abstract: The macroeconomic literature on automatic stabilizers; smoothing and risk sharing mechanisms has mostly concentrated on the role played by taxes; transfers and unemployment benefits. In contrast; very few works have analyzed the role of total social spending and its categories in smoothing output fluctuations. This paper presents the results of several studies evaluating the stabilization effects of the various components of social spending on GDP variations
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XVI/2010
- Issue No: 16
- Page Range: 428-434
- Page Count: 6
- Language: English