It takes the average reader and 47 minutes to read Fiscal Reforms, Long-term Growth and Income Inequality by Mr.Santiago Acosta Ormaechea
Assuming a reading speed of 250 words per minute. Learn more
We estimate the effects on growth of nine fiscal reform episodes in seven high-income countries using the Synthetic Control Method. These episodes are selected using an indicator-based approach applied to the evaluation of growth-friendly fiscal reforms during 1975-2010. We find that in reform countries the annual growth rate of real GDP was on average about 1 percentage point above their synthetic units 10 years after each respective reform. Moreover, countries which were initially less developed seemed to experience a larger growth impact after their reforms. Results are broadly robust to controlling for structural reforms on business regulation, financial market, labor market, and legal and product markets, which may also affect growth. Our findings also suggest that inequality is not affected by the growth-friendly fiscal reforms analyzed in this paper.
Fiscal Reforms, Long-term Growth and Income Inequality by Mr.Santiago Acosta Ormaechea is 46 pages long, and a total of 11,776 words.
This makes it 16% the length of the average book. It also has 14% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 4 minutes to read Fiscal Reforms, Long-term Growth and Income Inequality aloud.
Fiscal Reforms, Long-term Growth and Income Inequality is suitable for students ages 8 and up.
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