How Long to Read The Cost of Future Policy: Intertemporal Public Sector Balance Sheets in the G7

How Long Does it Take to Read The Cost of Future Policy: Intertemporal Public Sector Balance Sheets in the G7?

It takes the average reader and 49 minutes to read The Cost of Future Policy: Intertemporal Public Sector Balance Sheets in the G7 by Yugo Koshima

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

Description

This paper compiles the Intertemporal Public Sector Balance Sheets for all G7 countries and examines their relationship with government borrowing costs. In 2018, all G7 countries have negative Intertemporal Net Financial Worth (INFW), falling short of their intertemporal budget constraint. A decomposition of the evolution of INFW shows that short-term fluctuations are mainly driven by fiscal policy changes, while in the long run demographic changes and health and pension obligations play a larger role. We find that on average a 10 percentage point of GDP increase in INFW reduces the (future) 10-1 year sovereign yield curve spread by 2.8 basis points. This results suggest that financial markets pay attention to governments’ future policy obligations, in addition to its current assets and liabilities.

How long is The Cost of Future Policy: Intertemporal Public Sector Balance Sheets in the G7?

The Cost of Future Policy: Intertemporal Public Sector Balance Sheets in the G7 by Yugo Koshima is 48 pages long, and a total of 12,384 words.

This makes it 16% the length of the average book. It also has 15% more words than the average book.

How Long Does it Take to Read The Cost of Future Policy: Intertemporal Public Sector Balance Sheets in the G7 Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 7 minutes to read The Cost of Future Policy: Intertemporal Public Sector Balance Sheets in the G7 aloud.

What Reading Level is The Cost of Future Policy: Intertemporal Public Sector Balance Sheets in the G7?

The Cost of Future Policy: Intertemporal Public Sector Balance Sheets in the G7 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.

Where Can I Buy The Cost of Future Policy: Intertemporal Public Sector Balance Sheets in the G7?

The Cost of Future Policy: Intertemporal Public Sector Balance Sheets in the G7 by Yugo Koshima 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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