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Is Social Spending Procyclical?1

Is Social Spending Procyclical?1 »

Source: Is Social Spending Procyclical?

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

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...