How Long to Read A Simple Model of An International Lender of Last Resort

How Long Does it Take to Read A Simple Model of An International Lender of Last Resort?

It takes the average reader to read A Simple Model of An International Lender of Last Resort by Mr.Haizhou Huang

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

Description

This paper develops a simple model of an international lender of last resort (ILOLR). The world economy consists of many open economies, each with a banking system and a central bank operating under a pegged exchange rate regime. The fragility of the banking system and the limited ability of a domestic central bank to provide international liquidity together can cause currency and banking crises. An international interbank market can help an economy with the needed international liquidity, but with potential costs of international financial contagion. An ILOLR can play a useful role in providing international liquidity and reducing international contagion.

How long is A Simple Model of An International Lender of Last Resort?

A Simple Model of An International Lender of Last Resort by Mr.Haizhou Huang is 0 pages long, and a total of 0 words.

This makes it 0% the length of the average book. It also has 0% more words than the average book.

How Long Does it Take to Read A Simple Model of An International Lender of Last Resort Aloud?

The average oral reading speed is 183 words per minute. This means it takes to read A Simple Model of An International Lender of Last Resort aloud.

What Reading Level is A Simple Model of An International Lender of Last Resort?

A Simple Model of An International Lender of Last Resort is suitable for students ages 2 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.

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