How Long to Read Debt Is Not Free

How Long Does it Take to Read Debt Is Not Free?

It takes the average reader 1 hour and 10 minutes to read Debt Is Not Free by Ms.Marialuz Moreno Badia

Assuming a reading speed of 250 words per minute. Learn more

Description

With public debt soaring across the world, a growing concern is whether current debt levels are a harbinger of fiscal crises, thereby restricting the policy space in a downturn. The empirical evidence to date is however inconclusive, and the true cost of debt may be overstated if interest rates remain low. To shed light into this debate, this paper re-examines the importance of public debt as a leading indicator of fiscal crises using machine learning techniques to account for complex interactions previously ignored in the literature. We find that public debt is the most important predictor of crises, showing strong non-linearities. Moreover, beyond certain debt levels, the likelihood of crises increases sharply regardless of the interest-growth differential. Our analysis also reveals that the interactions of public debt with inflation and external imbalances can be as important as debt levels. These results, while not necessarily implying causality, show governments should be wary of high public debt even when borrowing costs seem low.

How long is Debt Is Not Free?

Debt Is Not Free by Ms.Marialuz Moreno Badia is 68 pages long, and a total of 17,544 words.

This makes it 23% the length of the average book. It also has 21% more words than the average book.

How Long Does it Take to Read Debt Is Not Free Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 35 minutes to read Debt Is Not Free aloud.

What Reading Level is Debt Is Not Free?

Debt Is Not Free 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 Debt Is Not Free?

Debt Is Not Free by Ms.Marialuz Moreno Badia is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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