How Long to Read Capital Markets, COVID-19 and Policy Measures

How Long Does it Take to Read Capital Markets, COVID-19 and Policy Measures?

It takes the average reader and 36 minutes to read Capital Markets, COVID-19 and Policy Measures by Khalid ElFayoumi

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

Description

The COVID-19 pandemic and associated policy responses triggered a historically large wave of capital reallocation between markets and asset classes. Using high-frequency country-level data, this paper examines if and how the number of COVID cases, the stringency of the lockdown, and the fiscal and monetary policy response determined the dynamics of portfolio flows. Despite more dominant global factors, we find that these domestic factors played an important role, particularly for emerging markets and bond flows, contributing to a global wave of reallocation to safer asset classes. Our results indicate that rising domestic COVID cases had a strong positive effect on portfolio flows, which responded to an increase in financing needs in affected economies. Lockdown and fiscal policy measures also led to an increase in portfolio flows; however, evidence from the CDS market suggests that the increase in flows was dominated by supply forces, reflecting investors' preference for stronger policy responses. In contrast, we find that interest rate cuts led to a decline in portfolio flows as investors searched for higher yield. Finally, we show that COVID policy responses also affected countries' exposure to the global shock and that pre-COVID macroeconomic conditions, such as lower sovereign risk and higher trade openness, contributed to larger flows during the COVID episode.

How long is Capital Markets, COVID-19 and Policy Measures?

Capital Markets, COVID-19 and Policy Measures by Khalid ElFayoumi is 36 pages long, and a total of 9,216 words.

This makes it 12% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read Capital Markets, COVID-19 and Policy Measures Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 50 minutes to read Capital Markets, COVID-19 and Policy Measures aloud.

What Reading Level is Capital Markets, COVID-19 and Policy Measures?

Capital Markets, COVID-19 and Policy Measures 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 Capital Markets, COVID-19 and Policy Measures?

Capital Markets, COVID-19 and Policy Measures by Khalid ElFayoumi is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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