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

Andrew Abbott; Philip Jones

doi:10.1016/j.econlet.2012.07.011

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

Andrew Abbott, Philip Jones

Department of Economics

Research output: Contribution to journal › Article › peer-review

7 Citations (SciVal)

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.

Original language	English
Pages (from-to)	909-911
Number of pages	3
Journal	Economics Letters
Volume	117
Issue number	3
Early online date	30 Jun 2012
DOIs	https://doi.org/10.1016/j.econlet.2012.07.011
Publication status	Published - Dec 2012

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 1 No Poverty

Access to Document

10.1016/j.econlet.2012.07.011

Cite this

@article{f8caf20a8be04f24929bd9264cfbb7db,

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.",

author = "Andrew Abbott and Philip Jones",

year = "2012",

month = dec,

doi = "10.1016/j.econlet.2012.07.011",

language = "English",

volume = "117",

pages = "909--911",

journal = "Economics Letters",

issn = "0165-1765",

publisher = "Elsevier B.V.",

number = "3",

}

TY - JOUR

T1 - Budget deficits and social protection: Cyclical government expenditure in the OECD

AU - Abbott, Andrew

AU - Jones, Philip

PY - 2012/12

Y1 - 2012/12

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.

UR - https://www.scopus.com/pages/publications/84874496491

UR - http://dx.doi.org/10.1016/j.econlet.2012.07.011

U2 - 10.1016/j.econlet.2012.07.011

DO - 10.1016/j.econlet.2012.07.011

M3 - Article

SN - 0165-1765

VL - 117

SP - 909

EP - 911

JO - Economics Letters

JF - Economics Letters

IS - 3

ER -

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

Abstract

UN SDGs

Access to Document

Other files and links

Fingerprint

Cite this