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Die Stabilisierungsfunktion des öffentlichen Sektors

Translated title of the contribution: [Machine translation] The stabilizing role of the public sector

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

[Machine translation] The public sector can stabilize the economy (fluctuations in, reduce GDP or unemployment) by actively increasing government spending (or, tax revenues) to economic requirements., Because public spending and even more changes in tax rates, If you have to go through a budgetary process, there is a long and, variable delays, as a result of which stimulus measures are introduced too late, and can sometimes even be counterproductive., Macroeconomic financial balances correspond to the difference between, Income and expenditure of enterprises, private households, the, State and foreign countries. Private households generally generate surpluses, (saving) while companies have deficits (investments)., When households save more or companies invest more, it happens, If the current account balance is balanced, this automatically leads to higher budget deficits.
Translated title of the contribution[Machine translation] The stabilizing role of the public sector
Original languageGerman
Title of host publicationDer öffentliche Sektor - Einführung in die Finanzwissenschaft
PublisherSpringer Gabler
Pages399-416
Number of pages18
ISBN (Print)978-3-658-36041-2
DOIs
Publication statusPublished - 2022

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

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