Title:

Optimal Automatic Stabilizers

Authors:

Alisdair McKay (Federal Reserve Bank of Minneapolis)
Ricardo Reis (LSE)

Journal:

Review Of Economic Studies

Year:

2021

Volume:

88

Number:

5

Pages:

2375-2406

JEL codes:

D31 - Personal Income, Wealth, and Their Distributions
E32 - Business Fluctuations; Cycles
J65 - Unemployment Insurance; Severance Pay; Plant Closings