Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/181347
Authors: 
Cafiso, Gianluca
Cellini, Roberto
Year of Publication: 
2018
Series/Report no.: 
CESifo Working Paper No. 7147
Abstract: 
We study whether and how much the interest bill conditions the size and composition of public expenditures. The group of EU 15 countries over the 1995-2016 period is the object of analysis. We study both total public expenditures and public expenditures by function of government in order to unveil which sectors are more responsive to an interest bill variation.
Subjects: 
interest bill
public expenditures
public debt
JEL: 
H61
H62
H63
E62
E63
Document Type: 
Working Paper

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