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Budget deficits and social protection: cyclical government expenditure in the OECD

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Budget deficits and social protection: cyclical government expenditure in the OECD. / Abbott, Andrew James; Jones, Philip.
In: Economics Letters, Vol. 117, No. 3, 31.12.2012, p. 909-911.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Abbott, AJ & Jones, P 2012, 'Budget deficits and social protection: cyclical government expenditure in the OECD', Economics Letters, vol. 117, no. 3, pp. 909-911. https://doi.org/10.1016/j.econlet.2012.07.011

APA

Abbott, A. J., & Jones, P. (2012). Budget deficits and social protection: cyclical government expenditure in the OECD. Economics Letters, 117(3), 909-911. https://doi.org/10.1016/j.econlet.2012.07.011

Vancouver

Abbott AJ, Jones P. Budget deficits and social protection: cyclical government expenditure in the OECD. Economics Letters. 2012 Dec 31;117(3):909-911. Epub 2012 Jul 16. doi: 10.1016/j.econlet.2012.07.011

Author

Abbott, Andrew James ; Jones, Philip. / Budget deficits and social protection : cyclical government expenditure in the OECD. In: Economics Letters. 2012 ; Vol. 117, No. 3. pp. 909-911.

Bibtex

@article{39ccb763cba6426b89b1c19382c3152c,
title = "Budget deficits and social protection: cyclical government expenditure in the OECD",
abstract = "Countercyclical government spending offers social protection to the vulnerable when economies move into recession. This paper questions the extent to which governments are able to spend countercyclically and the extent to which social expenditures are likely to be countercyclical. An analysis of public spending in OECD countries (1980–2005) suggests countercyclical social protection is constrained by the limits to public borrowing and the degree of political polarization.",
keywords = "Business cycles, Fiscal policy, Polarization, Voracity effects",
author = "Abbott, {Andrew James} and Philip Jones",
year = "2012",
month = dec,
day = "31",
doi = "10.1016/j.econlet.2012.07.011",
language = "English",
volume = "117",
pages = "909--911",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier",
number = "3",

}

RIS

TY - JOUR

T1 - Budget deficits and social protection

T2 - cyclical government expenditure in the OECD

AU - Abbott, Andrew James

AU - Jones, Philip

PY - 2012/12/31

Y1 - 2012/12/31

N2 - Countercyclical government spending offers social protection to the vulnerable when economies move into recession. This paper questions the extent to which governments are able to spend countercyclically and the extent to which social expenditures are likely to be countercyclical. An analysis of public spending in OECD countries (1980–2005) suggests countercyclical social protection is constrained by the limits to public borrowing and the degree of political polarization.

AB - Countercyclical government spending offers social protection to the vulnerable when economies move into recession. This paper questions the extent to which governments are able to spend countercyclically and the extent to which social expenditures are likely to be countercyclical. An analysis of public spending in OECD countries (1980–2005) suggests countercyclical social protection is constrained by the limits to public borrowing and the degree of political polarization.

KW - Business cycles

KW - Fiscal policy

KW - Polarization

KW - Voracity effects

U2 - 10.1016/j.econlet.2012.07.011

DO - 10.1016/j.econlet.2012.07.011

M3 - Journal article

VL - 117

SP - 909

EP - 911

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

IS - 3

ER -