How Long to Read Fiscal Consolidation and Public Wages

How Long Does it Take to Read Fiscal Consolidation and Public Wages?

It takes the average reader and 52 minutes to read Fiscal Consolidation and Public Wages by Juin-Jen Chang

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

Description

A New Keynesian model with government production, public compensation, and unemployment is fit to U.S. data to study the macroeconomic and fiscal effects of public wage reductions. We find that accounting for the type of government spending is crucial for its macroeconomic implications. Although reductions in public wages and government purchases of goods have similar effects on total output and the fiscal balance, the former can raise private output slightly, in contrast to the substantial contractionary effects of the latter. In addition, the baseline estimation finds that exogenous public wage reductions decrease private wages. Model counterfactuals show that sufficiently rigid nominal private wages can reverse the response of private wages, as the rigidity dampens the labor reallocation effect from the public to private sector that exerts downward pressure on private wages.

How long is Fiscal Consolidation and Public Wages?

Fiscal Consolidation and Public Wages by Juin-Jen Chang is 52 pages long, and a total of 13,104 words.

This makes it 18% the length of the average book. It also has 16% more words than the average book.

How Long Does it Take to Read Fiscal Consolidation and Public Wages Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 11 minutes to read Fiscal Consolidation and Public Wages aloud.

What Reading Level is Fiscal Consolidation and Public Wages?

Fiscal Consolidation and Public Wages 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 Consolidation and Public Wages?

Fiscal Consolidation and Public Wages by Juin-Jen Chang is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Fiscal Consolidation and Public Wages by Juin-Jen Chang on Amazon click the button below.