It takes the average reader and 26 minutes to read An Empirical Analysis of Fiscal Adjustments by Mr.C. John McDermott
Assuming a reading speed of 250 words per minute. Learn more
This study uses the fiscal expansion and consolidation experiences of the industrial countries over the period 1970 to 1995 to examine the interplay between fiscal adjustments and economic performance. A key finding is that fiscal consolidation need not trigger an economic slowdown. Fiscal consolidation that concentrates on the expenditure side, and especially on transfers and government wages, is more likely to succeed in reducing the public debt ratio than tax-based consolidation. Also, the greater the magnitude of the fiscal consolidation, the more likely it is to succeed in reducing the debt ratio.
An Empirical Analysis of Fiscal Adjustments by Mr.C. John McDermott is 26 pages long, and a total of 6,656 words.
This makes it 9% the length of the average book. It also has 8% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 36 minutes to read An Empirical Analysis of Fiscal Adjustments aloud.
An Empirical Analysis of Fiscal Adjustments is suitable for students ages 8 and up.
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