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The cyclicality of education, health, and social security government spending
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Autores
Orientador(es)
Resumo(s)
We use a panel of developed and emerging countries for the period 1970-2008 to assess the cyclicality of education, health, and social security government spending. We mostly find acyclical behaviour, but evidence also points to counter-cyclicality for social security spending, particularly in OECD countries, consistent with the operation of automatic stabilizers.
Descrição
Palavras-chave
Business Cycle Output Gap Functional Spending Panel Analysis
Contexto Educativo
Citação
Afonso, António e João Tovar Jalles. 2012. "The cyclicality of education, health, and social security government spending". Instituto Superior de Economia e Gestão - DE Working papers, nº 30-2012/DE/UECE
Editora
ISEG - Departamento de Economia