How Expensive is the Welfare State?: Gross and Net Indicators in the OECD Social Expenditure Database (SOCX)
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This paper first presents information on trends and composition of social expenditure across the OECD. Gross public social expenditure on average across OECD increased from 16% of GDP in 1980 to 21% in 2005, of which public pensions (7% of GDP) and public health expenditure (6% of GDP) are the largest items. This paper then accounts for the...
