HIGHLIGHTS
- who: Luis Ayala-Cañón from the Facultad de Derecho, UNED, OC/Obispo Trejo, Madrid, Spain have published the research: Synchronization and cyclicality of social spending in economic crises, in the Journal: (JOURNAL)
- what: With this aim the authors propose the use of dynamic factor analysis and recursive models to estimate synchronization and cyclicality of social policies within a broad perspective. The authors provide an analysis of their cyclical characteristics in terms of duration, amplitude and intensity which helps the authors to assess its evolution and check whether the cyclical properties of social spending vary . . .
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