Why social security expenditure in the 1980s has risen faster than expected: the role of unemployment
Richard Disney () and
Steven Webb
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Richard Disney: Institute for Fiscal Studies and University of Nottingham
Fiscal Studies, 1990, vol. 11, issue 1, 1-20
Abstract:
The difficulties encountered in forecasting social security expenditure (significantly underpredicted for much of the 1980s) have long been a source of concern-not least to officials in the DSS. Although official forecasts are undertaken and published primarily because they are needed for the public expenditure planning process, they should also palay a scientific role in testing the underlying theories abou the determinants of social security spending.
Date: 1990
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