It takes the average reader 1 hour and 40 minutes to read Calling the Business Cycle by Kevin A. Hassett
Assuming a reading speed of 250 words per minute. Learn more
This book analyzes the interaction between the business cycle and tax policy. The first chapter looks at the history of tax policy and relates it to business cycle dates of the NBER. It is found that pronouncements that we have entered a recession often stimulate new tax bills. This identifies a problem however. Announcement often come many months after the start of a recession. The second chapter explores whether we can improve countercyclical policy by using GDP data to identify in real time whether we have entered a recession. The section reveals that crucial months could be saved if a simple model were used to relate the latest change in GDP to the probability of recession. The third chapter explores whether models that use monthly data could improve on the results obtained in Chapter 2. Again, a significant improvement is documented in the ability to use statistical models to call recessions. The final chapter makes policy recommendations given the results in the fi
Calling the Business Cycle by Kevin A. Hassett is 100 pages long, and a total of 25,000 words.
This makes it 34% the length of the average book. It also has 31% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 2 hours and 16 minutes to read Calling the Business Cycle aloud.
Calling the Business Cycle is suitable for students ages 10 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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