How Long to Read Reviving the Case for GDP-Indexed Bonds

How Long Does it Take to Read Reviving the Case for GDP-Indexed Bonds?

It takes the average reader and 25 minutes to read Reviving the Case for GDP-Indexed Bonds by Mr. Eduardo Borensztein

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

Description

This paper seeks to revive the case for countries to self-insure against economic growth slowdowns by issuing GDP-indexed bonds. We simulate the effects of GDP-indexed bonds under different assumptions about fiscal policy reaction functions and their output effects and find that they could substantially reduce the likelihood that debt/GDP paths become explosive. The insurance premium would likely be small, because cross-country comovement of GDP growth rates is low and cross-country GDP growth risk is thus largely diversifiable for an investor holding a portfolio of GDP-indexed bonds....

How long is Reviving the Case for GDP-Indexed Bonds?

Reviving the Case for GDP-Indexed Bonds by Mr. Eduardo Borensztein is 25 pages long, and a total of 6,375 words.

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

How Long Does it Take to Read Reviving the Case for GDP-Indexed Bonds Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 34 minutes to read Reviving the Case for GDP-Indexed Bonds aloud.

What Reading Level is Reviving the Case for GDP-Indexed Bonds?

Reviving the Case for GDP-Indexed Bonds 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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