Does it cost to be virtuous?
Fabio Canova
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Does it cost to be virtuous?
by Fabio Canova
Published
2005
Publisher
National Bureau of Economic Research
Pages
33
Description
"We study whether and how fiscal restrictions alter the business cycle features of macrovariables for a sample of 48 US states. We also examine the "typical" transmission properties of fiscal disturbances and the implied fiscal rules of states with different fiscal restrictions. Fiscal constraints are characterized with a number of indicators. There are similarities in second moments of macrovariables and in the transmission properties of fiscal shocks across states with different fiscal constraints. The cyclical response of expenditure differs in size and sometimes in sign, but heterogeneity within groups makes point estimates statistically insignificant. Creative budget accounting is responsible for the pattern. Implications for the design of fiscal rules and the reform of the Stability and Growth Pact are discussed"--National Bureau of Economic Research web site.
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Frequently Asked Questions
How many pages are in Does it cost to be virtuous??
This edition of Does it cost to be virtuous? has approximately 33 pages. Please note, this is an estimate and the exact page count can vary between hardcover, paperback, and e-book versions.
How long does it take to read Does it cost to be virtuous??
For most readers, Does it cost to be virtuous? typically takes between 41m and 28m to complete. This is based on the book's length of approximately 8,250 words and common reading speeds.
Here's a detailed breakdown: • Continuous reading at 250 WPM: approximately 33m of focused reading • Casual reading (30 minutes/day): you could finish in roughly 2 days • Estimated word count: 8,250 words
Your individual reading time will vary based on your personal reading pace, the amount of daily reading time, and your familiarity with the subject matter.
What is the word count of Does it cost to be virtuous??
The estimated word count for Does it cost to be virtuous? is approximately 8,250 words. This figure is calculated using industry-standard methods that consider genre-specific word density patterns, typical formatting and layout characteristics, and standard words-per-page ratios for published books.
This is an approximation — actual word count may vary based on font size, formatting, edition, and the presence of illustrations or charts.
Who is the author of Does it cost to be virtuous??
Does it cost to be virtuous? was written by Fabio Canova.
When was Does it cost to be virtuous? published?
The publication date for this specific edition is 2005. The original work may have been published on a different date.