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

Andrew Abbott, Philip Jones

Research output: Contribution to journalArticle

14 Citations (Scopus)

Abstract

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 previous termprocyclicalnext term for the larger spending categories
Original languageEnglish
Pages (from-to)230-232
Number of pages3
JournalEconomics Letters
Volume111
Issue number3
DOIs
Publication statusPublished - Jun 2011

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