How Long to Read Deflation and Public Finances

By Mr. Nicolas End

How Long Does it Take to Read Deflation and Public Finances?

It takes the average reader and 41 minutes to read Deflation and Public Finances by Mr. Nicolas End

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

Description

This paper examines the impact of deflation on fiscal aggregates. With deflation relatively rare in modern history, it relies mostly on the historical records, using a dataset panel covering 150 years and 21 advanced economies. Empirical evidence shows that deflation affects public finances mostly through increases in public debt ratios, reflecting a worsening in interest rate–growth differentials. On average, a mild rate of deflation increases public debt ratios by almost 2 percent of GDP a year, this impact being larger during recessionary deflations. Using a simulation model that accounts for composition effects and price expectations, we also find that, for European countries, a 2 percentage point deflationary shock in both 2015 and 2016 would lead to a deterioration in the primary balance of as much as 1 percent of GDP by 2019.

How long is Deflation and Public Finances?

Deflation and Public Finances by Mr. Nicolas End is 41 pages long, and a total of 10,291 words.

This makes it 14% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Deflation and Public Finances Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 56 minutes to read Deflation and Public Finances aloud.

What Reading Level is Deflation and Public Finances?

Deflation and Public Finances 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 Deflation and Public Finances?

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