It takes the average reader 1 hour and 13 minutes to read Budget Rigidity in Latin America and the Caribbean by Santiago Herrera
Assuming a reading speed of 250 words per minute. Learn more
Policy makers in Latin America and the Caribbean (LAC) often complain that poor fiscal performance in their countries is a result of a high degree of spending rigidity. Despite being a common complaint, the issue has remained largely ignored by the literature because of the lack of adequate measures of rigidity that allow cross-country and time series comparability. This report helps close this gap by introducing a new measure of spending rigidities that can be easily applied to multiple countries. It focuses on the categories of spending that are naturally inflexible--wages, pensions,...
Budget Rigidity in Latin America and the Caribbean by Santiago Herrera is 73 pages long, and a total of 18,469 words.
This makes it 25% the length of the average book. It also has 23% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 40 minutes to read Budget Rigidity in Latin America and the Caribbean aloud.
Budget Rigidity in Latin America and the Caribbean 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.
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