It takes the average reader 1 hour and 5 minutes to read The Rise in Corporate Saving and Cash Holding in Advanced Economies: Aggregate and Firm Level Trends by Mai Chi Dao
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Using cross-country national accounts and firm-level data, we document a broad-based trend in rising gross saving and net lending of non-financial corporates across major industrialized countries over the last two decades, though most pronounced in countries with persistent current account surpluses. We find that this trend holds consistently across major industries, and is concentrated among large firms, driven by rising profitability, lower financing costs, and reduced tax rates. At the same time, higher gross corporate saving have not supported a commensurate increase in fixed capital...
The Rise in Corporate Saving and Cash Holding in Advanced Economies: Aggregate and Firm Level Trends by Mai Chi Dao is 64 pages long, and a total of 16,256 words.
This makes it 22% the length of the average book. It also has 20% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 28 minutes to read The Rise in Corporate Saving and Cash Holding in Advanced Economies: Aggregate and Firm Level Trends aloud.
The Rise in Corporate Saving and Cash Holding in Advanced Economies: Aggregate and Firm Level Trends is suitable for students ages 8 and up.
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