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

Research output: Contribution to journalJournal articlepeer-review

<mark>Journal publication date</mark>18/02/2011
<mark>Journal</mark>Economics Letters
Issue number3
Number of pages3
Pages (from-to)230-232
Publication StatusPublished
<mark>Original language</mark>English


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.