How Long to Read Cyclical Effects of the Composition of Government Purchases
By Mr.Jahangir Aziz
How Long Does it Take to Read Cyclical Effects of the Composition of Government Purchases?
It takes the average reader and 40 minutes to read Cyclical Effects of the Composition of Government Purchases by Mr.Jahangir Aziz
Assuming a reading speed of 250 words per minute. Learn more
Description
This paper constructs a general equilibrium model with monopolistically competitive firms and endogenous markups where government spending consists of both consumption and investment goods. It is shown that when markups are countercyclical, increases in the share of investment goods in aggregate government expenditure entail a trade-off between greater long- run efficiency and higher short-run volatility. Estimates based on the model, calibrated to the postwar U.S. economy, show that the effects on output, employment, and welfare can be significant
How long is Cyclical Effects of the Composition of Government Purchases?
Cyclical Effects of the Composition of Government Purchases by Mr.Jahangir Aziz is 39 pages long, and a total of 10,101 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
How Long Does it Take to Read Cyclical Effects of the Composition of Government Purchases Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 55 minutes to read Cyclical Effects of the Composition of Government Purchases aloud.
What Reading Level is Cyclical Effects of the Composition of Government Purchases?
Cyclical Effects of the Composition of Government Purchases 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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