The cyclicality of education, health, and social security government spending

被引：15

作者：

Afonso, Antonio ^{[1
,2
,3
]}

Jalles, Joao Tovar ^{[4
]}

机构：

[1] Tech Univ Lisbon ISEG UTL, Sch Econ & Management, Dept Econ, Lisbon, Portugal

[2] UECE Res Unit Complex & Econ, Lisbon, Portugal

[3] European Cent Bank, Directorate Gen Econ, D-60311 Frankfurt, Germany

[4] Org Econ Cooperat & Dev, F-75775 Paris 16, France

来源：

APPLIED ECONOMICS LETTERS | 2013年 / 20卷 / 07期

关键词：

business cycle; cyclicality; functional spending; panel analysis; C23; E62; H50;

D O I：

10.1080/13504851.2012.730125

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We 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.

引用

页码：669 / 672

页数：4

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