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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Altri autori: | , |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2010.
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Serie: | IMF Working Papers; Working Paper ;
No. 2010/234 |
Accesso online: | Full text available on IMF |