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安琪👼🏻 · 2020年12月04日

transfer payment和progressive想问的是他们作为自动稳定器结合monetary policy的作用。

他们在那个business cycle是发挥最大作用或者没用? 记得看到一个结论,在early expansion阶段,不执行他们反而是好的,是这样吗?
1 个答案

源_品职助教 · 2020年12月04日

嗨,努力学习的PZer你好:


发挥作用

可以参考今年的一道课后题,NO.PZ2018091901000053

Observation 2 Country Y is expected to significantly increase transfer payments and introduce a more progressive tax regime.

Based on Observation 2, what impact will the policy changes have on the trend rate of growth for Country Y?

答案是对经济向好。答案如下:

Country Y is expected to significantly increase transfer payments and introduce a more progressive tax regime. Both of these changes are progrowth government policies and should have a positive impact on the trend rate of growth for a business cycle that is in slowdown or contraction. Transfer payments help mitigate fluctuations in disposable income for the most vulnerable households, while progressive tax regimes imply that the effective tax rate on the private sector is pro-cyclical (i.e., rising as the economy expands and falling as the economy contracts).


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努力的时光都是限量版,加油!


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