How Long to Read Fiscal Policy Multipliers in Small States

How Long Does it Take to Read Fiscal Policy Multipliers in Small States?

It takes the average reader and 40 minutes to read Fiscal Policy Multipliers in Small States by Ali Alichi

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

Description

Government debt in many small states has risen beyond sustainable levels and some governments are considering fiscal consolidation. This paper estimates fiscal policy multipliers for small states using two distinct models: an empirical forecast error model with data from 23 small states across the world; and a Dynamic Stochastic General Equilibrium (DSGE) model calibrated to a hypothetical small state’s economy. The results suggest that fiscal policy using government current primary spending is ineffective, but using government investment is very potent in small states in affecting the level of their GDP over the medium term. These results are robust to different model specifications and characteristics of small states. Inability to affect GDP using current primary spending could be frustrating for policymakers when an expansionary policy is needed, but encouraging at the current juncture when many governments are considering fiscal consolidation. For the short term, however, multipliers for government current primary spending are larger and affected by imports as share of GDP, level of government debt, and position of the economy in the business cycle, among other factors.

How long is Fiscal Policy Multipliers in Small States?

Fiscal Policy Multipliers in Small States by Ali Alichi is 39 pages long, and a total of 10,101 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Fiscal Policy Multipliers in Small States Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 55 minutes to read Fiscal Policy Multipliers in Small States aloud.

What Reading Level is Fiscal Policy Multipliers in Small States?

Fiscal Policy Multipliers in Small States 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 Multipliers in Small States?

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