Macroeconomic stability, consolidated public social spending and its effects on poverty in 2015

This paper studies the evolution of the poverty rate in relation to two macroeconomic performance indexes. A first simple index of four variables, called EPI, and another more complex called MRE, composed by the simple average of three sub-indexes, a monetary, a real-fiscal and one that measures the...

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Autor principal: Marcarián, Leandro
Formato: Artículo revista
Lenguaje:Español
Publicado: Facultad de Ciencias Económicas. Instituto de Economía y Finanzas 2015
Materias:
E21
E66
N10
I32
I38
Acceso en línea:https://revistas.unc.edu.ar/index.php/acteconomica/article/view/14461
Aporte de:
id I10-R10article-14461
record_format ojs
institution Universidad Nacional de Córdoba
institution_str I-10
repository_str R-10
container_title_str Revistas de la UNC
language Español
format Artículo revista
topic Gasto público
Equilibrio
Pobreza
Índice de Desempeño Económico
E21
E66
N10
I32
I38
Public Expenditure
Equilibrium
Poverty
Economic Performance Index
E21
E66
N10
I32
I38
spellingShingle Gasto público
Equilibrio
Pobreza
Índice de Desempeño Económico
E21
E66
N10
I32
I38
Public Expenditure
Equilibrium
Poverty
Economic Performance Index
E21
E66
N10
I32
I38
Marcarián, Leandro
Macroeconomic stability, consolidated public social spending and its effects on poverty in 2015
topic_facet Gasto público
Equilibrio
Pobreza
Índice de Desempeño Económico
E21
E66
N10
I32
I38
Public Expenditure
Equilibrium
Poverty
Economic Performance Index
E21
E66
N10
I32
I38
author Marcarián, Leandro
author_facet Marcarián, Leandro
author_sort Marcarián, Leandro
title Macroeconomic stability, consolidated public social spending and its effects on poverty in 2015
title_short Macroeconomic stability, consolidated public social spending and its effects on poverty in 2015
title_full Macroeconomic stability, consolidated public social spending and its effects on poverty in 2015
title_fullStr Macroeconomic stability, consolidated public social spending and its effects on poverty in 2015
title_full_unstemmed Macroeconomic stability, consolidated public social spending and its effects on poverty in 2015
title_sort macroeconomic stability, consolidated public social spending and its effects on poverty in 2015
description This paper studies the evolution of the poverty rate in relation to two macroeconomic performance indexes. A first simple index of four variables, called EPI, and another more complex called MRE, composed by the simple average of three sub-indexes, a monetary, a real-fiscal and one that measures the evolution of the external sector. It works under the assumption that the public social expenditure consolidated as a percentage from the GDP has a positive effect on reducing poverty, while macroeconomic instability, measured as a deterioration of the indexes has a negative effect, and the aim is to determine which one of the two dominates. It concludes that the negative effect of macroeconomic instability dominates over the positive effect of the public social expenditure consolidates in 76% of the cases when EPI is used, and a 65% when MRE is used. In turn the chances of success of the indexes, success being understood as the probability that the poverty rate moves in the opposite direction to the indexes, resulted in 74% for the EPI and 68% for the MRE.
publisher Facultad de Ciencias Económicas. Instituto de Economía y Finanzas
publishDate 2015
url https://revistas.unc.edu.ar/index.php/acteconomica/article/view/14461
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