The Significance of Federal Taxes as Automatic Stabilizers
利用TAXSIM模型分析1962-95年美国联邦税收的自动稳定作用，发现其抵消了约8%的GDP初始冲击，且累进所得税可能通过劳动供给渠道产生额外稳定效应。
Using the TAXSIM model for the period 1962-95, we consider the federal tax system's impact as an automatic stabilizer. Despite the many changes in the tax system, there has been relatively little change in its role as an automatic stabilizer. We estimate that individual federal taxes offset perhaps as much as 8 percent of initial shocks to GDP. We also suggest that the progressive income tax may help to stabilize output via its effect on the supply of labor, an additional effect that may even be of similar magnitude to the more traditional path of stabilization through aggregate demand.