How Long to Read Macroeconomic Effects of Public Pension Reforms

By Ms.Anita Tuladhar

How Long Does it Take to Read Macroeconomic Effects of Public Pension Reforms?

It takes the average reader 1 hour and 6 minutes to read Macroeconomic Effects of Public Pension Reforms by Ms.Anita Tuladhar

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

Description

The paper explores the macroeconomic effects of three public pension reforms, namely an increase in retirement age, a reduction in benefits and an increase in contribution rates. Using a five-region version of the IMF‘s Global Integrated Monetary and Fiscal model (GIMF), we find that public pension reforms can have a positive effect on growth in both the short run, propelled by rising consumption, and in the long run, due to lower government debt crowding in higher investment. We also find that a reform action undertaken cooperatively by all regions results in larger output effects, reflecting stronger capital accumulation due to higher world savings. An increase in the retirement age reform yields the strongest impact in the short run, due to the demand effects of higher labor income and in the long run because of supply effects.

How long is Macroeconomic Effects of Public Pension Reforms?

Macroeconomic Effects of Public Pension Reforms by Ms.Anita Tuladhar is 65 pages long, and a total of 16,575 words.

This makes it 22% the length of the average book. It also has 20% more words than the average book.

How Long Does it Take to Read Macroeconomic Effects of Public Pension Reforms Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 30 minutes to read Macroeconomic Effects of Public Pension Reforms aloud.

What Reading Level is Macroeconomic Effects of Public Pension Reforms?

Macroeconomic Effects of Public Pension Reforms 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.

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