How Long to Read Numerical Fiscal Rules for Economic Unions: the Role of Sovereign Spreads

By Juan Carlos Hatchondo

How Long Does it Take to Read Numerical Fiscal Rules for Economic Unions: the Role of Sovereign Spreads?

It takes the average reader and 16 minutes to read Numerical Fiscal Rules for Economic Unions: the Role of Sovereign Spreads by Juan Carlos Hatchondo

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

Description

We study gains from introducing a common numerical fiscal rule in a “Union” of model economies facing sovereign default risk. We show that among economies in the Union, there is significant disagreement about the common debt limit the Union should implement: the limit preferred by some economies can generate welfare losses in other economies. In contrast, a common sovereign spread limit results in higher welfare across economies in the Union.

How long is Numerical Fiscal Rules for Economic Unions: the Role of Sovereign Spreads?

Numerical Fiscal Rules for Economic Unions: the Role of Sovereign Spreads by Juan Carlos Hatchondo is 16 pages long, and a total of 4,096 words.

This makes it 5% the length of the average book. It also has 5% more words than the average book.

How Long Does it Take to Read Numerical Fiscal Rules for Economic Unions: the Role of Sovereign Spreads Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 22 minutes to read Numerical Fiscal Rules for Economic Unions: the Role of Sovereign Spreads aloud.

What Reading Level is Numerical Fiscal Rules for Economic Unions: the Role of Sovereign Spreads?

Numerical Fiscal Rules for Economic Unions: the Role of Sovereign Spreads is suitable for students ages 6 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 Numerical Fiscal Rules for Economic Unions: the Role of Sovereign Spreads?

Numerical Fiscal Rules for Economic Unions: the Role of Sovereign Spreads by Juan Carlos Hatchondo is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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