Is Social Spending Procyclical? »
Journal Issue
Volume/Issue: 2010/234
Series: IMF Working Papers
Author(s): Sanjeev Gupta , Alejandro Hajdenberg , and Javier Arze del Granado
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2010
DOI: http://dx.doi.org/10.5089/9781455209347.001
ISBN: 9781455209347
Keywords: social spending, expenditures, health expenditures, public expenditures, total expenditures,
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 acy...