PublicationsMacroeconomic PolicyPublic 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

  1. An Approach to Forecasting Ukrainian GDP from the Supply Side
  2. News of the Month, September, 2007
  3. The economy of Poland in 2004
  4. The economy of Poland in the first quarter of 2005
  5. ADEPT Socioeconomic Commentaries, July-October 2005

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