How Long to Read On Corruption and Capital Accumulation

How Long Does it Take to Read On Corruption and Capital Accumulation?

It takes the average reader and 30 minutes to read On Corruption and Capital Accumulation by Mr.V. Hugo Juan-Ramon

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

Description

Reforming economies have typically placed little attention on the impact of illegal activities on the success of reform/stabilization packages and optimal policy design. This paper aims at developing a framework in which to assess an economy’s response to alternative stabilization/reform packages as a function of the scope of corruption activities. The framework developed herein is a basic one in which only the most fundamental questions (such as the effects of anti-corruption government policies on output and welfare) are examined. The more interesting questions of the optimal design of stabilization and economic reform policies remain to be addressed in future extensions of the model. The framework also accommodates political-economy analysis, and is able to explain why, even when able to eliminate corruption activity altogether, governments may choose not to do so. Our framework differentiates between developing and developed economies according to the income share accruing to capital, as is common in the literature. In equilibrium, the effect of anti-corruption penalties on the economy’s capital stock is greater in developing countries; in particular, we find that the elasticity of the steady state average per capita stock of capital with respect to increases in anti-corruption penalties is increasing in the income share accruing to capital. The model also shows that reductions in public good output, as a fraction of the economy’s total expenditure, lead to larger welfare decreases when in the presence of corruption.

How long is On Corruption and Capital Accumulation?

On Corruption and Capital Accumulation by Mr.V. Hugo Juan-Ramon is 30 pages long, and a total of 7,500 words.

This makes it 10% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read On Corruption and Capital Accumulation Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 40 minutes to read On Corruption and Capital Accumulation aloud.

What Reading Level is On Corruption and Capital Accumulation?

On Corruption and Capital Accumulation 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 On Corruption and Capital Accumulation?

On Corruption and Capital Accumulation by Mr.V. Hugo Juan-Ramon 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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