How Long to Read Sudden Stops and Optimal Policy in a Two-agent Economy

How Long Does it Take to Read Sudden Stops and Optimal Policy in a Two-agent Economy?

It takes the average reader to read Sudden Stops and Optimal Policy in a Two-agent Economy by Nina Biljanovska

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

Description

We introduce heterogeneity in terms of workers and entrepreneurs in an otherwise standard Fisherian model to study Sudden Stop dynamics and optimal policy. We show that the distinction between workers and entrepreneurs introduces a distributive externality that is absent from the representative-agent setup. While in tranquil times redistribution is driven by the relative marginal utilities of consumption, the planner additionally favors entrepreneurs during Sudden Stops to mitigate Fisherian deation. Although agentheterogeneity does not add much in explaining the Sudden Stop phenomena, it adds to the understanding of how policies can best be designed to alleviate the negative effects of Sudden Stops.

How long is Sudden Stops and Optimal Policy in a Two-agent Economy?

Sudden Stops and Optimal Policy in a Two-agent Economy by Nina Biljanovska is 0 pages long, and a total of 0 words.

This makes it 0% the length of the average book. It also has 0% more words than the average book.

How Long Does it Take to Read Sudden Stops and Optimal Policy in a Two-agent Economy Aloud?

The average oral reading speed is 183 words per minute. This means it takes to read Sudden Stops and Optimal Policy in a Two-agent Economy aloud.

What Reading Level is Sudden Stops and Optimal Policy in a Two-agent Economy?

Sudden Stops and Optimal Policy in a Two-agent Economy is suitable for students ages 2 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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