Davide, Furceri; Aleksandra, Zdzienicka - Volkswirtschaftliche Fakultät, … - 2011
The aim of this paper is to assess the short term effects of social spending on economic activity. Using a panel of OECD countries from 1980 to 2005, the results show that social spending has expansionary effects on GDP. In particular, we find that an increase of 1% of social spending increases...