Coady, David P.; De Poli, Silvia; Hernández, Adrian; … - 2023
This paper analyses the magnitude of automatic income and demand stabilization in EU Member States between 2011 to 2019 …. Our analysis finds that automatic income stabilization in 2019 averaged 41.3 percent at the EU level, with considerable … stabilization proved stable over time, with a few exceptions driven by major reforms. EU-level demand stabilization averaged 84 …