How Long to Read How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence

By Mr. Alexander Plekhanov

How Long Does it Take to Read How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence?

It takes the average reader and 36 minutes to read How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence by Mr. Alexander Plekhanov

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Description

Countries have adopted various institutional responses to subnational government borrowing. Using a sample of 44 countries 1982-2000, this paper provides a panel data analysis to determine the most effective borrowing constraints for containing local fiscal deficits. The results suggest that no single institutional arrangement is superior under all circumstances. The appropriateness of specific arrangements depends upon other institutional characteristics, particularly the degree of vertical fiscal imbalance, the existence of any bailout precedent, and the quality of fiscal reporting.

How long is How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence?

How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence by Mr. Alexander Plekhanov is 36 pages long, and a total of 9,216 words.

This makes it 12% the length of the average book. It also has 11% more words than the average book.

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The average oral reading speed is 183 words per minute. This means it takes and 50 minutes to read How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence aloud.

What Reading Level is How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence?

How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence is suitable for students ages 8 and up.

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