How Long to Read What Really Drives Public Debt

By Pablo Anaya

How Long Does it Take to Read What Really Drives Public Debt?

It takes the average reader and 25 minutes to read What Really Drives Public Debt by Pablo Anaya

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

Description

This paper presents a novel approach to detail the propagation of shocks to public debt. The modeling technique involves a structural vector auto-regression (SVAR) estimator with an endogenous debt accumulation equation. It explores how the main drivers of sovereign debt dynamics—the primary balance, the interest rate, growth and inflation—interact with each other. Such analysis is particularly useful for debt sustainability analysis. We find that some interactions exacerbate the impact of shocks to the accumulation of debt, while others act to stabilize debt dynamics. Furthermore, the choice of monetary policy regime plays an important role in these debt dynamics – countries with constrained monetary policy are more at risk from changes in market sentiment and must rely much more on fiscal policy to constrain debt.

How long is What Really Drives Public Debt?

What Really Drives Public Debt by Pablo Anaya is 25 pages long, and a total of 6,375 words.

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

How Long Does it Take to Read What Really Drives Public Debt Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 34 minutes to read What Really Drives Public Debt aloud.

What Reading Level is What Really Drives Public Debt?

What Really Drives Public 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 What Really Drives Public Debt?

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