How Long to Read Fiscal Foresight and Information Flows

By Eric M. Leeper

How Long Does it Take to Read Fiscal Foresight and Information Flows?

It takes the average reader 1 hour and 6 minutes to read Fiscal Foresight and Information Flows by Eric M. Leeper

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

Description

News - or foresight - about future economic fundamentals can create rational expectations equilibria with non-fundamental representations that pose substantial challenges to econometric efforts to recover the structural shocks to which economic agents react. Using tax policies as a leading example of foresight, simple theory makes transparent the economic behavior and information structures that generate non-fundamental equilibria. Econometric analyses that fail to model foresight will obtain biased estimates of output multipliers for taxes; biases are quantitatively important when two...

How long is Fiscal Foresight and Information Flows?

Fiscal Foresight and Information Flows by Eric M. Leeper is 65 pages long, and a total of 16,575 words.

This makes it 22% the length of the average book. It also has 20% more words than the average book.

How Long Does it Take to Read Fiscal Foresight and Information Flows Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 30 minutes to read Fiscal Foresight and Information Flows aloud.

What Reading Level is Fiscal Foresight and Information Flows?

Fiscal Foresight and Information Flows 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 Foresight and Information Flows?

Fiscal Foresight and Information Flows by Eric M. Leeper 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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