How Long to Read Vertical Fiscal Imbalances and the Accumulation of Government Debt

How Long Does it Take to Read Vertical Fiscal Imbalances and the Accumulation of Government Debt?

It takes the average reader and 40 minutes to read Vertical Fiscal Imbalances and the Accumulation of Government Debt by Inaki Aldasoro

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

Description

Delegating fiscal decision making power to sub-national governments has been an area of interest for both academics and policymakers given the expectation that it may lead to better and more efficient provision of public goods and services. Decentralization has, however, often occurred on the expenditure and less on the revenue side, creating “vertical fiscal imbalances” where sub-national governments’ expenditures are not financed through their own revenues. The mismatch between own revenues and expenditures may have consequences for public finance performance. This study constructs a large sample of general and subnational level fiscal data beginning in 1980 from the IMF’s Government Finance Statistics Yearbook. Extending the literature to the balance sheet approach, this paper examines the effects of vertical fiscal imbalances on government debt. The results indicate that vertical fiscal imbalances are relevant in explaining government debt accumulation suggesting a degree of caution when promoting fiscal decentralization. This paper also underlines the role of data covering the general government and its subectors for comprehensive analysis of fiscal performance.

How long is Vertical Fiscal Imbalances and the Accumulation of Government Debt?

Vertical Fiscal Imbalances and the Accumulation of Government Debt by Inaki Aldasoro is 39 pages long, and a total of 10,101 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Vertical Fiscal Imbalances and the Accumulation of Government Debt Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 55 minutes to read Vertical Fiscal Imbalances and the Accumulation of Government Debt aloud.

What Reading Level is Vertical Fiscal Imbalances and the Accumulation of Government Debt?

Vertical Fiscal Imbalances and the Accumulation of Government Debt 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 Vertical Fiscal Imbalances and the Accumulation of Government Debt?

Vertical Fiscal Imbalances and the Accumulation of Government Debt by Inaki Aldasoro 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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