How Long to Read The Effects of Inflation on Public Finances

How Long Does it Take to Read The Effects of Inflation on Public Finances?

It takes the average reader and 24 minutes to read The Effects of Inflation on Public Finances by Mr. Daniel Garcia-Macia

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

Description

Does inflation help improve public finances? This paper documents the dynamic responses of fiscal variables to an inflation shock, using both quarterly and annual panel data for a broad set of economies. Inflation shocks are estimated to improve fiscal balances temporarily, as nominal revenues track inflation closely, while nominal primary expenditures take longer to catch up. Inflation spikes also lead to a persistent reduction in debt to GDP ratios, both due to the primary balance improvement and the nominal GDP denominator channel. However, debt only falls with inflation surprises—rises in inflation expectations do not improve debt dynamics, suggesting limits to debt debasement strategies. The results are robust to using various inflation measures and instrumental variables.

How long is The Effects of Inflation on Public Finances?

The Effects of Inflation on Public Finances by Mr. Daniel Garcia-Macia is 24 pages long, and a total of 6,096 words.

This makes it 8% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read The Effects of Inflation on Public Finances Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 33 minutes to read The Effects of Inflation on Public Finances aloud.

What Reading Level is The Effects of Inflation on Public Finances?

The Effects of Inflation on Public Finances 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 Effects of Inflation on Public Finances?

The Effects of Inflation on Public Finances by Mr. Daniel Garcia-Macia 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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