How Long to Read Financial Amplification of Labor Supply Shocks

By Nina Biljanovska

How Long Does it Take to Read Financial Amplification of Labor Supply Shocks?

It takes the average reader and 34 minutes to read Financial Amplification of Labor Supply Shocks by Nina Biljanovska

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

Description

We study how financial frictions amplify labor supply shocks in a macroeconomic model with occasionally binding financing constraints. Workers supply labor to entrepreneurs who borrow to purchase factors of production. Borrowing capacity is restricted by the value of capital, generating a pecuniary externality when financing constraints bind. Additionally, there is a distributive externality operating through wages. The planner's allocation can be decentralized with two instruments: a credit tax/subsidy and a labor tax/subsidy. Labor shocks, such as the COVID-19 shock, amplify the policy responses, which critically depend on whether financing constraints bind or not.

How long is Financial Amplification of Labor Supply Shocks?

Financial Amplification of Labor Supply Shocks by Nina Biljanovska is 34 pages long, and a total of 8,636 words.

This makes it 11% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read Financial Amplification of Labor Supply Shocks Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read Financial Amplification of Labor Supply Shocks aloud.

What Reading Level is Financial Amplification of Labor Supply Shocks?

Financial Amplification of Labor Supply Shocks 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 Financial Amplification of Labor Supply Shocks?

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