Publications → Macroeconomic Policy → Public Spending
Public expenditure and growth
The paper discusses one cost seldom considered in the literature and in policy debates, namely, the volatility derived from additional public spending. The paper identifies a relationship between public spending volatility and consumption volatility, which implies a direct welfare loss to society.
| Link | http://www-wds.worldbank.…64258546&theSitePK=523679 |
|---|---|
| Author | Herrera, S. |
| Date | 01-Oct-2007 |
| Institute | World Bank |
| Tags | expenditure, GDP, spendings |
See also
- An Approach to Forecasting Ukrainian GDP from the Supply Side
- News of the Month, September, 2007
- The economy of Poland in 2004
- The economy of Poland in the first quarter of 2005
- ADEPT Socioeconomic Commentaries, July-October 2005
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