How Long to Read Financial Frictions and Stimulative Effects of Temporary Corporate Tax Cuts
By William Gbohoui
How Long Does it Take to Read Financial Frictions and Stimulative Effects of Temporary Corporate Tax Cuts?
It takes the average reader and 40 minutes to read Financial Frictions and Stimulative Effects of Temporary Corporate Tax Cuts by William Gbohoui
Assuming a reading speed of 250 words per minute. Learn more
Description
This paper uses an industry equilibrium model where some firms are financially constrained to quantify the effects of a transitory corporate tax cut funded by a future tax increase on the U.S. economy. It finds that by increasing current cash-flows tax cuts alleviate financing frictions, hereby stimulating current investment. Per dollar of tax stimulus, aggregate investment increases by 26 cents on impact, and aggregate output by 3.5 cents. The average effect masks heterogeneity: multipliers are close to 1 for constrained firms, especially new entrants, and negative for larger and unconstrained firms. The output effects extend well past the period the policy is reversed, leading to a cumulative multiplier of 7.2 cents. Multipliers are significantly larger when controlling for the investment crowding-out effect among unconstrained firms.
How long is Financial Frictions and Stimulative Effects of Temporary Corporate Tax Cuts?
Financial Frictions and Stimulative Effects of Temporary Corporate Tax Cuts by William Gbohoui 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.
How Long Does it Take to Read Financial Frictions and Stimulative Effects of Temporary Corporate Tax Cuts Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 55 minutes to read Financial Frictions and Stimulative Effects of Temporary Corporate Tax Cuts aloud.
What Reading Level is Financial Frictions and Stimulative Effects of Temporary Corporate Tax Cuts?
Financial Frictions and Stimulative Effects of Temporary Corporate Tax Cuts 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 Frictions and Stimulative Effects of Temporary Corporate Tax Cuts?
Financial Frictions and Stimulative Effects of Temporary Corporate Tax Cuts by William Gbohoui is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
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