It takes the average reader and 40 minutes to read Estimating the Employment and GDP Multiplier of Emergency Cash Transfers in Brazil by Daniel Cunha
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We estimate the subnational employment and GDP multiplier of Brazil's 2020 federal cash transfers to vulnerable households. Using two-stage least squares regressions we estimate a formal employment multiplier and then apply an analytical transformation to recover an implied GDP multiplier in the range of 0.5-1.5. The lower bound of this range lies below most estimates in the literature, which may result from the exceptional constraints imposed by the pandemic on supply chains and consumption. Nevertheless, even using the lower end of our range implies that federal cash transfers played an important role in supporting employment and GDP.
Estimating the Employment and GDP Multiplier of Emergency Cash Transfers in Brazil by Daniel Cunha 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.
The average oral reading speed is 183 words per minute. This means it takes and 55 minutes to read Estimating the Employment and GDP Multiplier of Emergency Cash Transfers in Brazil aloud.
Estimating the Employment and GDP Multiplier of Emergency Cash Transfers in Brazil is suitable for students ages 8 and up.
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