It takes the average reader and 30 minutes to read The Dynamic Implications of Debt Relief for Low-Income Countries by Mr. Ales Bulir
Assuming a reading speed of 250 words per minute. Learn more
The effects of debt relief on incentives to accumulate debt, consume, and invest are an important concern for donors and recipients. Using a dynamic stochastic general equilibrium model of a small open economy with a minimum consumption requirement and an endogenous relief probability, we show that excessive debt accumulation is consistent with an anticipation of a future debt relief. Simulations of the calibrated model using 1982-2006 Ugandan data suggest that debt-relief episodes are likely to have only a temporary impact on the level of debt in low-income countries, while being associated...
The Dynamic Implications of Debt Relief for Low-Income Countries by Mr. Ales Bulir is 29 pages long, and a total of 7,511 words.
This makes it 10% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 41 minutes to read The Dynamic Implications of Debt Relief for Low-Income Countries aloud.
The Dynamic Implications of Debt Relief for Low-Income Countries is suitable for students ages 8 and up.
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