It takes the average reader and 45 minutes to read Quasi-Fiscal Operations of Public Financial Institutions by Mr.George A. Mackenzie
Assuming a reading speed of 250 words per minute. Learn more
Central banks and other public financial institutions act as agents of fiscal policy in many countries. Their "quasi-fiscal" operations and activities can affect the overall public sector balance without affecting the budget deficit as conventionally measured, may also have important allocative effects, and increase the effective size of the public sector. This paper analyzes the macroeconomic and financial effects of such quasi-fiscal activities, as well as the taxes, subsidies, and other expenditures that such activities introduce outside the budget. Measurement and accounting issues are...
Quasi-Fiscal Operations of Public Financial Institutions by Mr.George A. Mackenzie is 45 pages long, and a total of 11,475 words.
This makes it 15% the length of the average book. It also has 14% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 2 minutes to read Quasi-Fiscal Operations of Public Financial Institutions aloud.
Quasi-Fiscal Operations of Public Financial Institutions 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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