Procyclical government spending : patterns of pressure and prudence in the OECD

Abbott, Andrew James and Jones, Philip (2011) Procyclical government spending : patterns of pressure and prudence in the OECD. Economics Letters, 111 (3). pp. 230-232. ISSN 0165-1765

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Abstract

This paper tests for differences in the cyclicality of government spending across functional categories. Evidence from 20 OECD countries suggests that procyclicality is more likely in smaller functional budgets, but capital spending is more likely to be procyclical for the larger spending categories.

Item Type:
Journal Article
Journal or Publication Title:
Economics Letters
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/2000/2002
Subjects:
?? business cyclesfiscal policyvoracity effectseconomics and econometricsfinancee62h50h60discipline-based research ??
Departments:
ID Code:
141252
Deposited By:
Deposited On:
10 Feb 2020 09:35
Refereed?:
Yes
Published?:
Published
Last Modified:
15 Jul 2024 20:23