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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Procyclical government spending
T2 - patterns of pressure and prudence in the OECD
AU - Abbott, Andrew James
AU - Jones, Philip
PY - 2011/2/18
Y1 - 2011/2/18
N2 - 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.
AB - 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.
KW - Business Cycles
KW - Fiscal Policy
KW - Voracity Effects
U2 - 10.1016/j.econlet.2011.02.009
DO - 10.1016/j.econlet.2011.02.009
M3 - Journal article
VL - 111
SP - 230
EP - 232
JO - Economics Letters
JF - Economics Letters
SN - 0165-1765
IS - 3
ER -