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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Gupta, Sanjeev
Altri autori: Arze del Granado, Javier, Hajdenberg, Alejandro
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2010.
Serie:IMF Working Papers; Working Paper ; No. 2010/234
Accesso online:Full text available on IMF