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Relationship of Social Protection Expenditures and Socio-economic Indicators: A Panel Data Analysis of the EU Countries

Renata Halaskova and Pavel Bednar

Montenegrin Journal of Economics, 2020, vol. 16, issue 2, 19-31

Abstract: Systems of social protection and approaches in tackling social risks differ by the degree of redistribution and by its generosity. The cur-rent issue in developed countries is finding the optimal relationship between economic and social policy. Therefore, the selected areas of social policy and economic development from a narrow perspec-tive are subjected to the research investigation. To address the issue, the paper aims to analyse the association between social protection expenditures and the selected socio-economic indicators. In line with the aim, four hypotheses have been verified.

Date: 2020
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