How Long to Read Revisiting the Stabilization Role of Public Banks: Public Debt Matters

How Long Does it Take to Read Revisiting the Stabilization Role of Public Banks: Public Debt Matters?

It takes the average reader and 24 minutes to read Revisiting the Stabilization Role of Public Banks: Public Debt Matters by H. Elif Ture

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

Description

This paper revisits the stabilization role of public banks and analyzes whether weak public finances may hinder this role. During the global financial crisis (GFC), public banks were widely used to counter the private credit crunch and prop up the economy. Using cross-country bank-level data for 125 advanced and developing economies for 1999–2018, the paper finds public bank lending to be less procyclical than private bank lending on average, particularly during busts. A key result, however, is that in developing economies with high public debt levels, public bank lending has been more procyclical, particularly outside of the GFC period. This finding suggests high public debt can limit the stabilization role of public banks during domestic busts, likely reflecting higher financing costs public banks face and lower subsidies they receive in economies with tighter budget constraints.

How long is Revisiting the Stabilization Role of Public Banks: Public Debt Matters?

Revisiting the Stabilization Role of Public Banks: Public Debt Matters by H. Elif Ture is 24 pages long, and a total of 6,096 words.

This makes it 8% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read Revisiting the Stabilization Role of Public Banks: Public Debt Matters Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 33 minutes to read Revisiting the Stabilization Role of Public Banks: Public Debt Matters aloud.

What Reading Level is Revisiting the Stabilization Role of Public Banks: Public Debt Matters?

Revisiting the Stabilization Role of Public Banks: Public Debt Matters 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.

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Revisiting the Stabilization Role of Public Banks: Public Debt Matters by H. Elif Ture 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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