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...

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Автор: Gupta, Sanjeev
Інші автори: Arze del Granado, Javier, Hajdenberg, Alejandro
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2010.
Серія:IMF Working Papers; Working Paper ; No. 2010/234
Онлайн доступ:Full text available on IMF