How Long to Read The Role of Fiscal Transfers in Smoothing Regional Shocks

How Long Does it Take to Read The Role of Fiscal Transfers in Smoothing Regional Shocks?

It takes the average reader and 34 minutes to read The Role of Fiscal Transfers in Smoothing Regional Shocks by Mr.Tigran Poghosyan

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

Description

We assess the extent to which fiscal transfers smooth regional shocks in three large federations: the U.S., Canada, and Australia. We find that fiscal transfers offset 4-11 percent of idiosyncratic shocks (risk-sharing) and 13-24 percent of permanent shocks (redistribution). This fiscal insurance largely operates through automatic stabilizers embedded in a central budget primarily through federal taxes and transfers to individuals, rather than transfers from the central government to state budgets. These results have implications for the design of fiscal risk-sharing mechanisms in the euro area.

How long is The Role of Fiscal Transfers in Smoothing Regional Shocks?

The Role of Fiscal Transfers in Smoothing Regional Shocks by Mr.Tigran Poghosyan is 34 pages long, and a total of 8,636 words.

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

How Long Does it Take to Read The Role of Fiscal Transfers in Smoothing Regional Shocks Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read The Role of Fiscal Transfers in Smoothing Regional Shocks aloud.

What Reading Level is The Role of Fiscal Transfers in Smoothing Regional Shocks?

The Role of Fiscal Transfers in Smoothing Regional Shocks 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.

Where Can I Buy The Role of Fiscal Transfers in Smoothing Regional Shocks?

The Role of Fiscal Transfers in Smoothing Regional Shocks by Mr.Tigran Poghosyan is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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