It takes the average reader and 38 minutes to read Beautiful Cycles: A Theory and a Model Implying a Curious Role for Interest by Mr. Marco Gross
Assuming a reading speed of 250 words per minute. Learn more
Where do economic cycles come from? This paper contemplates an utmost minimalistic model and underlying theory that rest on two assumptions for letting them emerge endogenously: (1) the presence of interest-bearing debt; and (2) a degree of downward nominal wage rigidity. Despite its parsimony, the model generates well-behaved, self-evolving limit cycles and replicates six essential empirical facts: (1) booms are long- while recessions short-lived; (2) leverage is procyclical; (3) firm profit and wage shares in GDP are counter- and procyclical, respectively; (4) Phillips curves are...
Beautiful Cycles: A Theory and a Model Implying a Curious Role for Interest by Mr. Marco Gross is 37 pages long, and a total of 9,509 words.
This makes it 12% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read Beautiful Cycles: A Theory and a Model Implying a Curious Role for Interest aloud.
Beautiful Cycles: A Theory and a Model Implying a Curious Role for Interest 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.
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