noun
built-in stabilizer; automatic stabilizer
Economic term for fiscal mechanisms that automatically offset economic fluctuations without new government action, such as progressive taxes and unemployment benefits. Also referred to as ビルトインスタビライザー.
See also: ビルトインスタビライザー
累進課税は自動安定装置の一つと考えられている。
Progressive taxation is considered one of the built-in stabilizers.
不況時には自動安定装置が働き、政府支出が自動的に増える。
During a recession, automatic stabilizers kick in and government spending automatically increases.