It takes the average reader and 40 minutes to read The Macroeconomic (and Distributional) Effects of Public Investment in Developing Economies by Davide Furceri
Assuming a reading speed of 250 words per minute. Learn more
This paper provides new empirical evidence of the macroeconomic effects of public investment in developing economies. Using public investment forecast errors to identify unanticipated changes in public investment, the paper finds that increased public investment raises output in the short and medium term, with an average short-term fiscal multiplier of about 0.2. We find some evidence that the effects are larger: (i) during periods of slack; (ii) in economies operating with fixed exchange rate regimes; (iii) in more closed economies; (iv) in countries with lower public debt; and (v) in...
The Macroeconomic (and Distributional) Effects of Public Investment in Developing Economies by Davide Furceri is 39 pages long, and a total of 10,101 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 55 minutes to read The Macroeconomic (and Distributional) Effects of Public Investment in Developing Economies aloud.
The Macroeconomic (and Distributional) Effects of Public Investment in Developing Economies is suitable for students ages 8 and up.
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