彼得森经济研究所：财政政策作为稳定工具-准自动稳定器案例及其在增值税中的应用（英文版）

Most of the focus of recent stabilization policy research and practice has beenon monetary rather than fiscal policy. This paper argues that, given the limits onmonetary policy, fiscal policy should play a larger role. Because of the well-knownproblems with fiscal policy in general, it argues that we should develop quasi-automatic stabilizers, changes in taxes or transfers triggered by an aggregatevariable. lt discusses design issues, in particular how to make them debt neutral.and what aggre