How Long to Read Fiscal Policy and Financial Markets

How Long Does it Take to Read Fiscal Policy and Financial Markets?

It takes the average reader and 26 minutes to read Fiscal Policy and Financial Markets by Thomas Stratmann

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

Description

This paper introduces fiscal policy in a model of sovereign risk spreads ("spreads"). Using panel data from emerging market countries, we find that reductions in public expenditure are a more powerful tool for reducing spreads than increases in revenues. Specifically, cuts in current spending lower spreads by more than cuts in investment spending, and they also lower spreads by more than increases in revenue. We also show that debt-financed current spending increases sovereign risk by more than tax-financed current spending, suggesting that international investors have some preference for the latter. In line with the empirical literature on the determinants of spreads, we find that liquidity and solvency indicators, as well as macroeconomic fundamentals, are also important determinants of spreads.

How long is Fiscal Policy and Financial Markets?

Fiscal Policy and Financial Markets by Thomas Stratmann is 26 pages long, and a total of 6,656 words.

This makes it 9% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read Fiscal Policy and Financial Markets Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 36 minutes to read Fiscal Policy and Financial Markets aloud.

What Reading Level is Fiscal Policy and Financial Markets?

Fiscal Policy and Financial Markets 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 Financial Markets?

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