How Long to Read A New Database for Financial Crises in European Countries

How Long Does it Take to Read A New Database for Financial Crises in European Countries?

It takes the average reader and 59 minutes to read A New Database for Financial Crises in European Countries by Carsten Detken

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

Description

This paper presents a new database for financial crises in European countries, which serves as an important step towards establishing a common ground for macroprudential oversight and policymaking in the EU. The database focuses on providing precise chronological definitions of crisis periods to support the calibration of models in macroprudential analysis. An important contribution of this work is the identification of financial crises by combining a quantitative approach based on a financial stress index with expert judgement from national and European authorities. Key innovations of this database are (i) the inclusion of qualitative information about events and policy responses, (ii) the introduction of a broad set of non-exclusive categories to classify events, and (iii) a distinction between event and post-event adjustment periods. The paper explains the two-step approach for identifying crises and other key choices in the construction of the dataset. Moreover, stylised facts about the systemic crises in the dataset are presented together with estimations of output losses and fiscal costs associated with these crises. A preliminary assessment of the performance of standard early warning indicators based on the new crises dataset confirms findings in the literature that multivariate models can improve compared to univariate signalling models.

How long is A New Database for Financial Crises in European Countries?

A New Database for Financial Crises in European Countries by Carsten Detken is 58 pages long, and a total of 14,964 words.

This makes it 20% the length of the average book. It also has 18% more words than the average book.

How Long Does it Take to Read A New Database for Financial Crises in European Countries Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 21 minutes to read A New Database for Financial Crises in European Countries aloud.

What Reading Level is A New Database for Financial Crises in European Countries?

A New Database for Financial Crises in European Countries 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 A New Database for Financial Crises in European Countries?

A New Database for Financial Crises in European Countries by Carsten Detken is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy A New Database for Financial Crises in European Countries by Carsten Detken on Amazon click the button below.