How Long to Read Evaluating Changes in the Transmission Mechanism of Government Spending Shocks

How Long Does it Take to Read Evaluating Changes in the Transmission Mechanism of Government Spending Shocks?

It takes the average reader and 31 minutes to read Evaluating Changes in the Transmission Mechanism of Government Spending Shocks by Mr.Nooman Rebei

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

Description

We empirically revisit the crowding-in effect of government spending on private consumption based on rolling windows of U.S. data. Results show that in earlier samples government spending is increasingly crowding in private consumption; however, this relation is reverted in the latest periods. We propose a model embedding non-separable public and private consumption in the utility function and rule-of-thumb consumers to assess the sources of non-monotonic changes in the transmission of the shock. The iterative full information estimation of the model reveals that changes in the co-movement between private and public spending is primarily driven by the fluctuations in the elasticity of substitution between private and public consumption, the share of financially constrained consumers, and the elasticity of intertemporal substitution.

How long is Evaluating Changes in the Transmission Mechanism of Government Spending Shocks?

Evaluating Changes in the Transmission Mechanism of Government Spending Shocks by Mr.Nooman Rebei is 31 pages long, and a total of 7,781 words.

This makes it 10% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Evaluating Changes in the Transmission Mechanism of Government Spending Shocks Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read Evaluating Changes in the Transmission Mechanism of Government Spending Shocks aloud.

What Reading Level is Evaluating Changes in the Transmission Mechanism of Government Spending Shocks?

Evaluating Changes in the Transmission Mechanism of Government Spending Shocks is suitable for students ages 8 and up.

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