How Long to Read Fiscal Buffers, Private Debt, and Stagnation

By Nicoletta Batini

How Long Does it Take to Read Fiscal Buffers, Private Debt, and Stagnation?

It takes the average reader and 41 minutes to read Fiscal Buffers, Private Debt, and Stagnation by Nicoletta Batini

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

Description

We revisit the empirical relationship between private/public debt and output, and build a model that reproduces it. In the model, the government provides financial assistance to credit-constrained agents to mitigate deleveraging. As we observe in the data, surges in private debt are potentially more damaging for the economy than surges in public debt. The model suggests two policy implications. First, capping leverage leads to milder recessions, but also implies more muted expansions. Second, with fiscal buffers, financial assistance to credit-constrained agents helps avoid stagnation. The...

How long is Fiscal Buffers, Private Debt, and Stagnation?

Fiscal Buffers, Private Debt, and Stagnation by Nicoletta Batini is 41 pages long, and a total of 10,291 words.

This makes it 14% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Fiscal Buffers, Private Debt, and Stagnation Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 56 minutes to read Fiscal Buffers, Private Debt, and Stagnation aloud.

What Reading Level is Fiscal Buffers, Private Debt, and Stagnation?

Fiscal Buffers, Private Debt, and Stagnation 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 Fiscal Buffers, Private Debt, and Stagnation?

Fiscal Buffers, Private Debt, and Stagnation by Nicoletta Batini 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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