It takes the average reader and 30 minutes to read Private Sector Consumption and Government Consumption and Debt in Advanced Economies An Empirical Study by Ms. Sanchita Mukherjee
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This paper explores the hypothesis that the propensity to consume out of income varies in a non-linear fashion with fiscal variables, and in particular with government debt per capita. Using data from eighteen OECD countries the paper examines whether there is any empirical evidence to support the hypothesis that households move from non-Ricardian to Ricardian behavior as government debt reaches high levels and as uncertainty about future taxes increases. Our results provide support for this hypothesis, and also suggest that private and government consumption are substitutes in the household utility function.
Private Sector Consumption and Government Consumption and Debt in Advanced Economies An Empirical Study by Ms. Sanchita Mukherjee 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 Private Sector Consumption and Government Consumption and Debt in Advanced Economies An Empirical Study aloud.
Private Sector Consumption and Government Consumption and Debt in Advanced Economies An Empirical Study is suitable for students ages 8 and up.
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