Abstract
[Machine translation] The public sector can stabilize the economy (fluctuations in, reduce GDP or unemployment) by actively spending government (or, tax revenues) is adjusted to economic requirements., Because public spending and even greater changes in tax rates, Having to go through a budgetary process, it gets too long and, variable delays, as a result of which economic measures start too late, and can even be counterproductive sometimes., Macroeconomic financing balances are equal to the difference between, Income and expenditure of enterprises, private households,, State and abroad. As a rule, private households 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.
Titolo tradotto del contributo | [Machine translation] The stabilizing function of the public sector |
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Lingua originale | Tedesco |
Titolo della pubblicazione ospite | Der öffentliche Sektor - Einführung in die Finanzwissenschaft |
Editore | Springer Gabler |
Pagine | 399-416 |
Numero di pagine | 18 |
ISBN (stampa) | 978-3-658-36041-2 |
DOI | |
Stato di pubblicazione | Pubblicato - 2022 |