Հատված
These objectives are not always compatible, particularly those of price stability and full employment. The objective of equitable distribution of income might come in conflict with the objectives of economic efficiency and economic growth. Fiscal policy can be geared to transfer wealth from the rich to the poor through taxation with a view to bringing about a redistribution of income. But the transfer of income from the rich to the poor will adversely affect savings and capital formation. Thus, equity and growth objectives conflict.
Գրականության ցանկ
1. BALBONI, F., BUTI, M. and LARCH, M., 2007: ECB vs. Council vs. Commission: Monetary and Fiscal Policy Interactions in the EMU When Cyclical Conditions are Uncertain. In: European Economy: Economic Papers. Brusseles: European Commision, 34 p. ISBN 978-92-79-04630-8.
2. BUTI, M., ROEGER, W. and VELD in’t J., 2001: Monetary and Fiscal Policy Interactions under a Stability Pact. In: Economics Working Paper ECO2001/08. Fiesole Firenze: European University Institute.