These cyclical changes make fiscal policy automatically expansionary during downturns and contractionary during upturns. Automatic stabilizers are linked to the size of the government and tend to be ...

These cyclical changes make fiscal policy automatically expansionary during downturns and contractionary during upturns. Automatic stabilizers are linked to the size of the government, and tend to be ...

In the same way that monetary policy has become more rule-driven over recent decades, greater reliance on automatic stabilizers, as opposed to discretionary fiscal policy, would make fiscal policy ...

NJ Transit has proposed a $3.2 billion operating budget for the 2026 fiscal year 2026 budget that for the first time would include an automatic 3% fare hike to take effect this year. The budget ...

to a section of the Joetsu Shinkansen Line in fiscal 2028. The company is aiming to achieve driverless operation on the entire line between Tokyo and Niigata in the mid-2030s. The automatic ...