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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Gupta, Sanjeev
Weitere Verfasser: Arze del Granado, Javier, Hajdenberg, Alejandro
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2010.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2010/234
Online Zugang:Full text available on IMF