It takes the average reader and 38 minutes to read Fiscal Restructuring in the Group of Seven Major Industrial Countries in the 1990's by Mr.Steven A. Symansky
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This paper studies the fiscal restructuring of the first half of the 1990s in the major industrial countries. It presents and calibrates a simple model of the labor market and integrates it into a multi-country macroeconomic model that takes into account the effects of distortionary taxes. It then uses the resulting framework to simulate the effects of recent and prospective changes in fiscal policies in the group of seven major industrial countries. The analysis suggests that in the long run the impact on output is likely to be positive in those countries that relied relatively more on expenditure cuts or indirect tax increases (such as Canada, France, Japan, and the United Kingdom), while the effect of the fiscal restructuring on output is estimated to be negative in those countries that relied primarily on labor and capital taxes (Germany, Italy, and the United States).
Fiscal Restructuring in the Group of Seven Major Industrial Countries in the 1990's by Mr.Steven A. Symansky is 37 pages long, and a total of 9,509 words.
This makes it 12% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read Fiscal Restructuring in the Group of Seven Major Industrial Countries in the 1990's aloud.
Fiscal Restructuring in the Group of Seven Major Industrial Countries in the 1990's is suitable for students ages 8 and up.
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