How Long to Read A Probabilistic Approach to Fiscal Space and Prudent Debt Level
By Mr.Olumuyiwa S Adedeji
How Long Does it Take to Read A Probabilistic Approach to Fiscal Space and Prudent Debt Level?
It takes the average reader and 20 minutes to read A Probabilistic Approach to Fiscal Space and Prudent Debt Level by Mr.Olumuyiwa S Adedeji
Assuming a reading speed of 250 words per minute. Learn more
Description
What constitutes fiscal space or a prudent level of debt to conduct countercyclical policy while ensuring debt sustainability? This paper addresses the question by exploring the relationship between debt dynamics, and the probabilistic distribution of the primary balance and the effective interest rate. This proposed approach is useful in situations where the lack of relevant data makes it difficult to estimate detailed fiscal reaction functions. Applying this approach to Low-Income Developing Countries (LIDCs) and based on various debt ceiling assumptions, we find that about 60 percent of these countries presently have fiscal policy space to address adverse shocks, subject to the availability of domestic and external financing. Countries with strong institutional capacity tend to have more fiscal space, and countries with weak institutional capacity, mostly countries in conflict and fragile states, tend to lack fiscal space.
How long is A Probabilistic Approach to Fiscal Space and Prudent Debt Level?
A Probabilistic Approach to Fiscal Space and Prudent Debt Level by Mr.Olumuyiwa S Adedeji is 20 pages long, and a total of 5,000 words.
This makes it 7% the length of the average book. It also has 6% more words than the average book.
How Long Does it Take to Read A Probabilistic Approach to Fiscal Space and Prudent Debt Level Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 27 minutes to read A Probabilistic Approach to Fiscal Space and Prudent Debt Level aloud.
What Reading Level is A Probabilistic Approach to Fiscal Space and Prudent Debt Level?
A Probabilistic Approach to Fiscal Space and Prudent Debt Level is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Where Can I Buy A Probabilistic Approach to Fiscal Space and Prudent Debt Level?
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