Afonso, AntónioJalles, João Tovar2012-09-252012-09-252012Afonso, 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/UECE0874-4548http://hdl.handle.net/10400.5/4691We 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.engBusiness CycleOutput GapFunctional SpendingPanel Analysisworking paper