How Long to Read The Welfare Multiplier of Public Infrastructure Investment

How Long Does it Take to Read The Welfare Multiplier of Public Infrastructure Investment?

It takes the average reader and 27 minutes to read The Welfare Multiplier of Public Infrastructure Investment by Juha Tervala

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

Description

We analyze the welfare multipliers of public spending (the consumption equivalent change in welfare for one dollar change in public spending) in a DSGE model. The welfare multipliers of public infrastructure investment are positive if infrastructure is sufficiently effective. When the medium-term output multipliers are consistent with the empirical estimates (1-1.4), the welfare multiplier is 0.8. That is, a dollar spent by the government for investment raises domestic welfare by equivalent of 0.8 dollars of private consumption. This suggests that the welfare gains of public infrastructure investment, if chosen wisely, may be substantial. --Abstract.

How long is The Welfare Multiplier of Public Infrastructure Investment?

The Welfare Multiplier of Public Infrastructure Investment by Juha Tervala is 27 pages long, and a total of 6,939 words.

This makes it 9% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read The Welfare Multiplier of Public Infrastructure Investment Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read The Welfare Multiplier of Public Infrastructure Investment aloud.

What Reading Level is The Welfare Multiplier of Public Infrastructure Investment?

The Welfare Multiplier of Public Infrastructure Investment 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 Welfare Multiplier of Public Infrastructure Investment?

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