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Persistent link: https://www.econbiz.de/10001675209
This paper documents cyclical patterns of government expenditures in sub-Saharan Africa since 1970 and explains variation between countries and over time. Controlling for endogeneity, it finds government expenditures to be slightly more procyclical in sub-Saharan Africa than in other developing...
Persistent link: https://www.econbiz.de/10012677515