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Shock Absorber

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... The argument that the elimination of government debt removes an important fiscal shock absorber runs as follows. In a fiscal shock absorber.(10) The model is designed to illustrate the main effects that arise when the government pursues as a fiscal shock absorber yields significant quantitative benefits. If the variability of government expenditure --the loss of a fiscal shock absorber that would help smooth shifts in distortionary taxes, outstanding public debt as a fiscal shock absorber is an attractive policy option, at least when the level of ...



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Sources list for SHOCK ABSORBER:

Landler, Mark. "Euro Comes Alive as a Shock Absorber for World Currencies", New York Times, 20 May, 2002.
The Euro vs. the Dollar

Petruno, Tom. "Market Absorbs the Shock." L.A. Times, 02 May 1992, Section D1.
Media Truth

Damages for Grief and Shock, by Michael Jeffrey, Recovery, Volume 1, p. 2, Insurance Corporation of British Columbia, 1990.
Claims for Nervous Shock

Elisabeth Marx, Breaking Through Culture Shock (London, Nicholas Brealy Publishing, 1991), p. 8.
Culture Shock

Nervous Shock, by Ewan McKendrick, Professor of Law, University College, London, Volume 21, p. 2-6, Student Law Review, 1999.
Claims for Nervous Shock

 


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