Linked from

The 18 pages that link to Automatic Stabilizer, each with the reason it gives.

• Keynesian economicsRelated: These mechanisms soften demand swings as incomes and employment change.

• Welfare stateRelated: Benefit spending can rise during downturns, supporting household income and demand.

• Business cycleRelated: These mechanisms support incomes during downturns without requiring new legislation.

• Social insuranceRelated: Unemployment benefits rise during downturns, supporting household spending as jobs disappear.

• Public financeRelated: Progressive taxes and benefit programs can cushion downturns through the budget.

• Fiscal multiplierRelated: Its response to downturns affects both the size and timing of fiscal support.

• Recession (economics)Related: Unemployment benefits and lower tax payments support incomes without new legislation during recessions.

• Social protectionRelated: Unemployment benefits and income-linked support can expand automatically when household incomes fall.

• Full employmentRelated: Unemployment benefits and progressive taxes cushion downturns that push jobs below full employment.

• MacroeconomicsRelated: It cushions fluctuations through features such as progressive taxes and unemployment benefits.

• Unemployment benefitsRelated: Benefit payments sustain household income and demand when employment falls.

• Social safety netRelated: Benefits and tax revenues can automatically support household income when employment and earnings fall.

• Modern Monetary TheoryRelated: MMT proposals use automatic fiscal responses to moderate downturns and inflation.

• Welfare spendingRelated: Unemployment and income-support payments often rise during recessions without new legislation.