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Atributele necesare şi suficiente ale unui stabilizator fiscal automat. Mecanisme de transmitere a impulsului de stabilizare

Author

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  • Dinga, Ene

    (Academia Romana, Centrul de Cercetari Financiare si Monetare Victor Slavescu)

  • Padurean, Elena

    (Academia Romana, Centrul de Cercetari Financiare si Monetare Victor Slavescu)

  • Baltaretu, Camelia

    (Academia Romana, Centrul de Cercetari Financiare si Monetare Victor Slavescu)

  • Leonida, Ionel

    (Academia Romana, Centrul de Cercetari Financiare si Monetare Victor Slavescu)

Abstract

The study is focused on identifying of the features of the concept of automatic fiscal stabilizers as well as on logic and economic assessment of them. The result of these steps is developing the definition of automatic fiscal stabilizer. Based on the definition, the sufficient predicates (attributes) of the automatic fiscal stabilizer (i.e. those characteristics that, once verified, ensure the quality of automatic fiscal stabilizer) are identified and, based on the last, are also identified the necessary predicates (attributes) of it. A particularly important aspect is the formal description of the generic action of the automatic fiscal stabilizer in different assumptions of the variation rate action, and of the variation of the base action of this special institutional tool. The study ends with analyzing the portfolio problem of the automatic fiscal stabilizers that could be designed and implemented under a non-discretionary fiscal policy framework.

Suggested Citation

  • Dinga, Ene & Padurean, Elena & Baltaretu, Camelia & Leonida, Ionel, 2010. "Atributele necesare şi suficiente ale unui stabilizator fiscal automat. Mecanisme de transmitere a impulsului de stabilizare," Papers 2010/22, Osterreichish-Rumanischer Akademischer Verein.
    • Handle: RePEc:ris:sphedp:2010_022
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    Keywords

    automatic; fiscal; stabilizers;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy

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