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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Formato: | Artículo revista |
Lenguaje: | Español |
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Facultad de Ciencias Económicas. Instituto de Economía y Finanzas
2015
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Acceso en línea: | https://revistas.unc.edu.ar/index.php/acteconomica/article/view/14461 |
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I10-R10article-14461 |
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ojs |
institution |
Universidad Nacional de Córdoba |
institution_str |
I-10 |
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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 |
work_keys_str_mv |
AT marcarianleandro macroeconomicstabilityconsolidatedpublicsocialspendinganditseffectsonpovertyin2015 AT marcarianleandro laestabilidadmacroeconomicaelgastopublicosocialconsolidadoysusefectosenlapobrezaano2015 |
bdutipo_str |
Revistas |
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1764819781472485376 |