The cyclicality of education, health, and social security government spending
AbstractWe use a panel of developed and emerging countries for the period 1970 to 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.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 20 (2013)
Issue (Month): 7 (May)
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Web page: http://www.tandfonline.com/RAEL20
Other versions of this item:
- António Afonso & João Tovar Jalles, 2012. "The cyclicality of education, health, and social security government spending," Working Papers Department of Economics 2012/30, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
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