How Long to Read Fiscal Policy and Business Cycles in an Oil-Producing Economy: The Case of Venezuela

How Long Does it Take to Read Fiscal Policy and Business Cycles in an Oil-Producing Economy: The Case of Venezuela?

It takes the average reader and 44 minutes to read Fiscal Policy and Business Cycles in an Oil-Producing Economy: The Case of Venezuela by Alfredo Baldini

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

Description

This paper analyzes the fiscal policy in Venezuela during 1991-2003, by using a number of statistical approaches to analyze trends and cycles of economic output and fiscal outcomes. The business cycle features a strong dominance of short-term cyclical components-each cycle having an average duration of about two to three years. However, the cyclical volatility of non-oil sector GDP is more than two times as large as the volatility of oil sector GDP. On the fiscal side, while oil revenues are independent of the business cycle, all the other main fiscal variables exhibit strong procyclicality. In particular, fiscal procyclicality is higher during good times than bad times, which could be related to the existence of "voracity effects." The discretionary component of fiscal policy is as volatile as the component induced by the business cycle.

How long is Fiscal Policy and Business Cycles in an Oil-Producing Economy: The Case of Venezuela?

Fiscal Policy and Business Cycles in an Oil-Producing Economy: The Case of Venezuela by Alfredo Baldini 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 Policy and Business Cycles in an Oil-Producing Economy: The Case of Venezuela Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Fiscal Policy and Business Cycles in an Oil-Producing Economy: The Case of Venezuela aloud.

What Reading Level is Fiscal Policy and Business Cycles in an Oil-Producing Economy: The Case of Venezuela?

Fiscal Policy and Business Cycles in an Oil-Producing Economy: The Case of Venezuela 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 Policy and Business Cycles in an Oil-Producing Economy: The Case of Venezuela?

Fiscal Policy and Business Cycles in an Oil-Producing Economy: The Case of Venezuela by Alfredo Baldini 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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