연구보고서IMF Working Paper 10-234
Is Social Spending Procyclical?
- 청구기호
- WP 10-234
- 발행사항
- Washington,D.C : IMF, 2010
- 형태사항
- 22 p. :. PDF file ;. 1139 KB
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소장정보
위치 | 등록번호 | 청구기호 / 출력 | 상태 | 반납예정일 |
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이용 가능 (1) | ||||
E0001100 | 대출가능 | - |
이용 가능 (1)
- 등록번호
- E0001100
- 상태/반납예정일
- 대출가능
- -
- 위치/청구기호(출력)
책 소개
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 acyclical in developed countries. In addition, education and health expenditures follow an asymmetric pattern in developing countries; they are procyclical during periods of positive output gap and acyclical during periods of negative output gap. Furthermore, the degree of cyclicality is higher the lower the level of economic development.