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
The upward trajectory of OECD policy interest rates may impose growing fiscal challenges, thus testi...
When is government expenditure likely to be procyclical? While economists tend to anticipate counter...
This paper studies the role of business cycles in the phenomenon of increasing government spending/G...
This paper tests for differences in the cyclicality of government spending across functional categor...
This paper tests for differences in the cyclicality of government spending across functional categor...
This paper draws on the literature that explains why governments spend procyclically, to predict the...
In this paper we examine factors that make some governments revert to procyclical fiscal policies de...
International empirical evidence shows that fiscal policy in developing countries is largely procycl...
This paper tests the predictions that (i) sub-central government expenditures are procyclical and (i...
This paper addresses the topic of cyclicality in Þscal policy. In particular, we show that the level...
Procyclical government spending occurs when government expenditures increase at a faster rate than i...
When is government expenditure likely to be procyclical? While economists tend to anticipate counter...
Government spending policy has an important macroeconomic stabilization role. We empirically revisit...
Procyclical government spending occurs when government expenditures increase at a faster rate than i...
Fiscal policy is procyclical when government expenditures and tax revenues increase during periods o...
The upward trajectory of OECD policy interest rates may impose growing fiscal challenges, thus testi...
When is government expenditure likely to be procyclical? While economists tend to anticipate counter...
This paper studies the role of business cycles in the phenomenon of increasing government spending/G...
This paper tests for differences in the cyclicality of government spending across functional categor...
This paper tests for differences in the cyclicality of government spending across functional categor...
This paper draws on the literature that explains why governments spend procyclically, to predict the...
In this paper we examine factors that make some governments revert to procyclical fiscal policies de...
International empirical evidence shows that fiscal policy in developing countries is largely procycl...
This paper tests the predictions that (i) sub-central government expenditures are procyclical and (i...
This paper addresses the topic of cyclicality in Þscal policy. In particular, we show that the level...
Procyclical government spending occurs when government expenditures increase at a faster rate than i...
When is government expenditure likely to be procyclical? While economists tend to anticipate counter...
Government spending policy has an important macroeconomic stabilization role. We empirically revisit...
Procyclical government spending occurs when government expenditures increase at a faster rate than i...
Fiscal policy is procyclical when government expenditures and tax revenues increase during periods o...
The upward trajectory of OECD policy interest rates may impose growing fiscal challenges, thus testi...
When is government expenditure likely to be procyclical? While economists tend to anticipate counter...
This paper studies the role of business cycles in the phenomenon of increasing government spending/G...