Is Social Spending Procyclical? /

This paper studies the cyclical behavior of public spending on health and education in 150 countries during 1987 - 2007. It finds that spending on education and health is procyclical in developing countries and acyclical in developed countries. In addition, education and health expenditures follow a...

Полное описание

Библиографические подробности
Главный автор: Gupta, Sanjeev
Другие авторы: Arze del Granado, Javier, Hajdenberg, Alejandro
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2010.
Серии:IMF Working Papers; Working Paper ; No. 2010/234
Online-ссылка:Full text available on IMF