How Long to Read Sustainability and Optimality of Public Debt

How Long Does it Take to Read Sustainability and Optimality of Public Debt?

It takes the average reader 3 hours and 43 minutes to read Sustainability and Optimality of Public Debt by Michael Carlberg

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

Description

Public debt seems to be one of the great issues of the nineties. The United States have turned from the largest creditor of the world to the largest debtor, due to dramatic budget deficits. The European Union tries to build dams against the flood, see the treaty of Maastricht. And in Germany, public debt tends to explo de, doubling within a few years. The reason for this is the immense cost of Ger man unification. I had many helpful talks with my colleague Michael Schmid (now at Bam berg). In addition, Michael Brauninger and Philipp Lichtenauer carefully discus sed with me all parts of the manuscript. Last but not least, Doris Ehrich typed the manuscript as excellently as ever. I would like to thank all of them. Contents INTRODUCTION 3 5 BRIEF SURVEY OF THE LITERATURE PART I. CLOSED ECONOMY 9 CHAPTER I. SOLOW MODEL 11 1. Fixed Deficit Ratio 11 1. 1. Simple Model 11 1. 2. Short-Run Equilibrium 12 1. 3. Long-Run Equilibrium 14 1. 4. Optimal Deficit Ratio 18 1. 5. Optimal Saving Ratio 20 1. 6. Stability 21 1. 7. Shocks 23 1. 8. Budget Surplus 29 1. 9. Numerical Example 32 1. 10. Summary 37 2. Fixed Tax Rate 38 2. 1. Simple Model 38 2. 2. Short-Run Equilibrium 39 2. 3. Long-Run Equilibrium 40 2. 4. Stability 45 2. 5. Shocks 48 2. 6. Optimal Tax Rate 56 2. 7. Optimal Saving Ratio 57 2. 8. Numerical Example 58 2. 9.

How long is Sustainability and Optimality of Public Debt?

Sustainability and Optimality of Public Debt by Michael Carlberg is 217 pages long, and a total of 55,769 words.

This makes it 73% the length of the average book. It also has 68% more words than the average book.

How Long Does it Take to Read Sustainability and Optimality of Public Debt Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 4 minutes to read Sustainability and Optimality of Public Debt aloud.

What Reading Level is Sustainability and Optimality of Public Debt?

Sustainability and Optimality of Public Debt is suitable for students ages 12 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 Sustainability and Optimality of Public Debt?

Sustainability and Optimality of Public Debt by Michael Carlberg 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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