How Long to Read The Political Economy of Budget Deficits

By Mr.Alberto Alesina

How Long Does it Take to Read The Political Economy of Budget Deficits?

It takes the average reader and 49 minutes to read The Political Economy of Budget Deficits by Mr.Alberto Alesina

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

Description

This paper provides a critical survey of the literature on politico-institutional determinants of the government budget. We organize our discussion around two questions: Why did certain OECD countries, but not others, accumulate large public debts? Why did these fiscal imbalances appear in the last 20 years rather than before? We begin by discussing the “tax smoothing” model and conclude that this approach alone cannot provide complete answers to these questions. We will then proceed to a discussion of political economy models, which we organize in six groups: (i) models based upon opportunistic policymakers and naive voters with “fiscal illusion;” (ii) models of intergenerational redistributions; (iii) models of debt as a strategic variable, linking the current government with the next one; (iv) models of coalition governments; (v) models of geographically dispersed interests; and (vi) models emphasizing the effects of budgetary institutions. We conclude by briefly discussing policy implications.

How long is The Political Economy of Budget Deficits?

The Political Economy of Budget Deficits by Mr.Alberto Alesina is 48 pages long, and a total of 12,384 words.

This makes it 16% the length of the average book. It also has 15% more words than the average book.

How Long Does it Take to Read The Political Economy of Budget Deficits Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 7 minutes to read The Political Economy of Budget Deficits aloud.

What Reading Level is The Political Economy of Budget Deficits?

The Political Economy of Budget Deficits 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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