It takes the average reader and 30 minutes to read Pensions, Price Shocks, and Macroeconomic Stability in Transition Economies by Mr.Ehtisham Ahmad
Assuming a reading speed of 250 words per minute. Learn more
In many countries of the former Soviet Union, pensioners form a large and vulnerable group of the population, with pensions fixed in nominal terms. Attempts to “protect” this group have included a revaluation of benefits for retirees and the introduction of indexation arrangements based on recent wage and price growth. In this paper, lagged indexation arrangements are shown to have large destabilizing effects that can potentially jeopardize the macroeconomic adjustment effort, particularly as inflation begins to decelerate. Some long-term problems relating to the aging of the population and associated policies are also discussed. Illustrative examples from Belarus are presented.
Pensions, Price Shocks, and Macroeconomic Stability in Transition Economies by Mr.Ehtisham Ahmad 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.
The average oral reading speed is 183 words per minute. This means it takes and 40 minutes to read Pensions, Price Shocks, and Macroeconomic Stability in Transition Economies aloud.
Pensions, Price Shocks, and Macroeconomic Stability in Transition Economies 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.
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