How Long to Read A Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies

By Mr.Enrique G. Mendoza

How Long Does it Take to Read A Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies?

It takes the average reader and 39 minutes to read A Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies by Mr.Enrique G. Mendoza

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

Description

This paper provides a numerical analysis of an intertemporal equilibrium model of a small open, barter economy that is subject to random shocks affecting endowments, the terms of trade, and the real interest rate. Equilibrium stochastic processes for macroeconomic aggregates are computed and their properties are compared with observed stylized facts. The model mimics the Harberger-Laursen-Metzler effect, but cannot account for a countercyclical trade balance, the variability of the real exchange rate, and the income elasticity of imports. The results also show that the correlation between the trade balance and the terms of trade, given incomplete insurance markets, is sensitive to changes in preference parameters and in the persistence of exogenous shocks.

How long is A Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies?

A Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies by Mr.Enrique G. Mendoza is 38 pages long, and a total of 9,804 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 A Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 53 minutes to read A Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies aloud.

What Reading Level is A Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies?

A Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies 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 Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies?

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