How Long to Read Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications

How Long Does it Take to Read Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications?

It takes the average reader and 31 minutes to read Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications by Ms.Valerie Cerra

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

Description

All types of recessions, on average, not just those associated with financial and political crises (as in Cerra and Saxena, AER 2008), lead to permanent output losses. These findings have far-reaching conceptual and policy implications. A new paradigm of the business cycle needs to account for shifts in trend output and the puzzling inconsistency of output dynamics with other cyclical components of production. The ‘output gap’ can be ill-conceived, poorly measured, and inconsistent over time. Persistent losses require more buffers and crisis-avoidance policies, affecting tradeoffs in prudential, macroeconomic, and reserve management policies. The frequency and depth of crises are key determinants of long-term growth and drive a new stylized model of economic development.

How long is Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications?

Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications by Ms.Valerie Cerra is 31 pages long, and a total of 7,781 words.

This makes it 10% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications aloud.

What Reading Level is Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications?

Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications 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 Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications?

Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications by Ms.Valerie Cerra is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications by Ms.Valerie Cerra on Amazon click the button below.