It takes the average reader and 56 minutes to read The Savings Trap and Economic Take-Off by Mr.Atish R. Ghosh
Assuming a reading speed of 250 words per minute. Learn more
We develop an overlapping generations model of a developing economy in which ‘culture’ and technology interact to determine savings, investment and growth. Investment is assumed to involve intermediation or other costs which may, in each period, result in either of two stable equilibria for the savings rate. At the “good” equilibrium, savings and growth are higher than at the “bad” equilibrium, whether the country attains the good or bad equilibrium in any period depends on each individual’s belief about the savings behavior of other agents in the economy. The model implies that fiscal policy...
The Savings Trap and Economic Take-Off by Mr.Atish R. Ghosh is 55 pages long, and a total of 14,025 words.
This makes it 19% the length of the average book. It also has 17% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 16 minutes to read The Savings Trap and Economic Take-Off aloud.
The Savings Trap and Economic Take-Off 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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