It takes the average reader and 26 minutes to read The Macroeconomic Effects of Public Investment by Mr. Abdul Abiad
Assuming a reading speed of 250 words per minute. Learn more
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the...
The Macroeconomic Effects of Public Investment by Mr. Abdul Abiad is 26 pages long, and a total of 6,656 words.
This makes it 9% the length of the average book. It also has 8% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 36 minutes to read The Macroeconomic Effects of Public Investment aloud.
The Macroeconomic Effects of Public Investment is suitable for students ages 8 and up.
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