Certainly.
We've known for a long time that automatic stabilizers aren't very sensitive to the economy. In another era, one study estimated that automatic stabilization was almost equivalent to a change of less than 1% in the interest rate.
Very recently, we talked about the renewal of our target and our agreement with the government on inflation targets. We live in a world where interest rates are already lower than usual. The tax authority doesn't have many stabilizing powers. In this respect, it might be better to have more automatic stabilizers in the system, or at least something more sensitive.
Ms. Wilkins is an expert in this area and she could elaborate on this issue. However, we should certainly be having this discussion right now.
Ms. Wilkins, I'll give you the floor.