How Long to Read The Euro-Area Government Spending Multiplier at the Effective Lower Bound

By Adalgiso Amendola

How Long Does it Take to Read The Euro-Area Government Spending Multiplier at the Effective Lower Bound?

It takes the average reader and 32 minutes to read The Euro-Area Government Spending Multiplier at the Effective Lower Bound by Adalgiso Amendola

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

Description

We build a factor-augmented interacted panel vector-autoregressive model of the Euro Area (EA) and estimate it with Bayesian methods to compute government spending multipliers. The multipliers are contingent on the overall monetary policy stance, captured by a shadow monetary policy rate. In the short run (one year), whether the fiscal shock occurs when the economy is at the effective lower bound (ELB) or in normal times does not seem to matter for the size of the multiplier. However, as the time horizon increases, multipliers diverge across the two regimes. In the medium run (three years),...

How long is The Euro-Area Government Spending Multiplier at the Effective Lower Bound?

The Euro-Area Government Spending Multiplier at the Effective Lower Bound by Adalgiso Amendola is 32 pages long, and a total of 8,064 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read The Euro-Area Government Spending Multiplier at the Effective Lower Bound Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read The Euro-Area Government Spending Multiplier at the Effective Lower Bound aloud.

What Reading Level is The Euro-Area Government Spending Multiplier at the Effective Lower Bound?

The Euro-Area Government Spending Multiplier at the Effective Lower Bound 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.

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