How Long to Read Fiscal Rules in a Volatile World

By Carlos Garcia

How Long Does it Take to Read Fiscal Rules in a Volatile World?

It takes the average reader and 44 minutes to read Fiscal Rules in a Volatile World by Carlos Garcia

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

Description

It is widely agreed that a fiscal rule should boost discipline and credibility, reduce macroeconomic volatility, and be easily understood. To support such goals, a government may run structural surpluses and accumulate a precautionary cushion of assets on behalf of agents who do not enjoy access to capital markets. As an additional criterion, that level of assets should be bounded. We provide an example of a structural surplus rule that satisfies all such criteria. In our general equilibrium simulations, we show that such a rule benefits credit-constrained consumers but may hurt others.

How long is Fiscal Rules in a Volatile World?

Fiscal Rules in a Volatile World by Carlos Garcia 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 Rules in a Volatile World Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Fiscal Rules in a Volatile World aloud.

What Reading Level is Fiscal Rules in a Volatile World?

Fiscal Rules in a Volatile World 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 Rules in a Volatile World?

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