How Long to Read Public Debt Sustainability and Management in a Compound Option Framework

How Long Does it Take to Read Public Debt Sustainability and Management in a Compound Option Framework?

It takes the average reader and 31 minutes to read Public Debt Sustainability and Management in a Compound Option Framework by Mr.Jorge A. Chan-Lau

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

Description

This paper introduces the Asset and Liability Management (ALM) compound option model. The model builds on the observation that the public sector net worth in a multi-period setting corresponds to the value of an option on an option on total government assets. Hence, the ALM compound option model is better suited for analyzing and evaluating the risk profile of public debt than existing one-period models, and is especially useful for analyzing the soundness of exit strategies from the large fiscal expansions undertaken by G-20 countries in the wake of the recent financial crisis. As an illustration, the model is used to analyze the risk profile and sustainability of Australia's public debt under different policies.

How long is Public Debt Sustainability and Management in a Compound Option Framework?

Public Debt Sustainability and Management in a Compound Option Framework by Mr.Jorge A. Chan-Lau is 31 pages long, and a total of 7,781 words.

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

How Long Does it Take to Read Public Debt Sustainability and Management in a Compound Option Framework Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read Public Debt Sustainability and Management in a Compound Option Framework aloud.

What Reading Level is Public Debt Sustainability and Management in a Compound Option Framework?

Public Debt Sustainability and Management in a Compound Option Framework 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 Public Debt Sustainability and Management in a Compound Option Framework?

Public Debt Sustainability and Management in a Compound Option Framework by Mr.Jorge A. Chan-Lau 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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