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This paper demonstrates how adding nominal wage rigidity to a standard sticky price model can create a mechanism by which increases in government spending cause increases in consumption. The increase in output arising from government purchases puts upward pressure on the price level. At a fixed...
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This dataset provides information on the number of students enrolled in formal education programmes by level of education, adjusted to the financial year. When financial year, school year and calendar year differs, adjustments are made to ease comparison.
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This dataset presents reference statistics (GDP, Total Government Expenditure, deflators, etc.) that are used to calculate some of the indicators on educational expenditure included in the indicators dataset.
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