How Long to Read Effects of Fiscal Stimulus in Structural Models

How Long Does it Take to Read Effects of Fiscal Stimulus in Structural Models?

It takes the average reader 2 hours and 5 minutes to read Effects of Fiscal Stimulus in Structural Models by Mr. Michael Kumhof

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

Description

The paper assesses, using seven structural models used heavily by policymaking institutions, the effectiveness of temporary fiscal stimulus. Models can, more easily than empirical studies, account for differences between fiscal instruments, for differences between structural characteristics of the economy, and for monetary-fiscal policy interactions. Findings are: (i) There is substantial agreement across models on the sizes of fiscal multipliers. (ii) The sizes of spending and targeted transfers multipliers are large. (iii) Fiscal policy is most effective if it has some persistence and if monetary policy accommodates it. (iv) The perception of permanent fiscal stimulus leads to significantly lower initial multipliers.

How long is Effects of Fiscal Stimulus in Structural Models?

Effects of Fiscal Stimulus in Structural Models by Mr. Michael Kumhof is 124 pages long, and a total of 31,496 words.

This makes it 42% the length of the average book. It also has 38% more words than the average book.

How Long Does it Take to Read Effects of Fiscal Stimulus in Structural Models Aloud?

The average oral reading speed is 183 words per minute. This means it takes 2 hours and 52 minutes to read Effects of Fiscal Stimulus in Structural Models aloud.

What Reading Level is Effects of Fiscal Stimulus in Structural Models?

Effects of Fiscal Stimulus in Structural Models 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.

Where Can I Buy Effects of Fiscal Stimulus in Structural Models?

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