La crisis, la estabilización automática y el Pacto de Estabilidad

Autores/as

  • Jérome Creel Centre de Recherche en Economie de Sciences Po, L’Observatoire français des conjonctures économiques (Paris, France). ESCP Business School (Paris, France)
  • Francesco Saraceno Centre de Recherche en Economie de Sciences Po, L’Observatoire français des conjonctures économiques (Paris, France)

DOI:

https://doi.org/10.55444/2451.7321.2010.v48.n1.3871

Palabras clave:

estabilizadores automáticos , progresividad impositiva , seguro de desempleo, políticas fiscales discrecionales, Instituciones Fiscales Europeas, Pacto de Crecimiento y Estabilidad

Resumen

En este trabajo se presenta una descripción completa de las tendencias recientes sobre la efi cacia de los estabilizadores automáticos en la Unión Europea, utilizando tanto datos macro acerca de la sensibilidad cíclica de los défi cits presupuestarios sobre la actividad económica, como evidencia microeconómica sobre la estructura de impuestos y gastos. Llegamos a la conclusión de que existe creciente evidencia sobre la pérdida de importancia de la estabilización automática. Esto apunta a una contradicción fundamental en el Pacto para la Estabilidad y Crecimiento Europeo, que se basa casi exclusivamente en la estabilización automática para la determinación de la política fiscal. También señalamos, en base a la evidencia empírica, que incrementar la flexibilidad del mercado no parece un camino viable para reducir las fluctuaciones a nivel agregado. El artículo concluye resaltando la compleja relación entre las políticas discrecionales y la estabilización automática.

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Citas

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Publicado

2010-06-01

Cómo citar

Creel, J., & Saraceno, F. (2010). La crisis, la estabilización automática y el Pacto de Estabilidad. Revista De Economía Y Estadística, 48(1), 75–103. https://doi.org/10.55444/2451.7321.2010.v48.n1.3871

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ARTÍCULOS