How Long to Read Fiscal Consolidation and the Cost of Credit

How Long Does it Take to Read Fiscal Consolidation and the Cost of Credit?

It takes the average reader and 44 minutes to read Fiscal Consolidation and the Cost of Credit by Ms.Senay Agca

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

Description

We examine how the cost of corporate credit varies around fiscal consolidations aimed at reducing government debt. Using a new dataset on fiscal consolidations and syndicated corporate loan data, we find that loan spreads increase with fiscal consolidations, especially for small firms, domestic firms, and for firms with limited alternative financing sources. These adverse effects are mitigated substantially if consolidations are large, and can be avoided if consolidations are also accompanied with more adaptable macroeconomic policies and implemented by a stable government. These findings suggest that lenders price the short-term recessionary effects in loans but large consolidations can reduce or undo the increase in spreads, especially under favorable country conditions, by signaling credibility and creating expansionary expectations.

How long is Fiscal Consolidation and the Cost of Credit?

Fiscal Consolidation and the Cost of Credit by Ms.Senay Agca is 44 pages long, and a total of 11,176 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read Fiscal Consolidation and the Cost of Credit Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Fiscal Consolidation and the Cost of Credit aloud.

What Reading Level is Fiscal Consolidation and the Cost of Credit?

Fiscal Consolidation and the Cost of Credit 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 the Cost of Credit?

Fiscal Consolidation and the Cost of Credit by Ms.Senay Agca 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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