How Long to Read Consumption Smoothing and the Current Account

By Mr.Paul Cashin

How Long Does it Take to Read Consumption Smoothing and the Current Account?

It takes the average reader and 18 minutes to read Consumption Smoothing and the Current Account by Mr.Paul Cashin

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

Description

This paper estimates a simple consumption-smoothing model of the French current account, and examines its capacity to predict recent developments in France’s external performance. The model views the current account as a buffer through which private agents can smooth consumption over time in response to temporary disturbances to output, investment, and government expenditure. The empirical results indicate that the model performs well overall, and predicts correctly the sharp turnaround in France’s external accounts observed in the past three years—a feature of the data that conventional models of trade flows, based on income and relative price variables, appear unable to explain.

How long is Consumption Smoothing and the Current Account?

Consumption Smoothing and the Current Account by Mr.Paul Cashin is 18 pages long, and a total of 4,644 words.

This makes it 6% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read Consumption Smoothing and the Current Account Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 25 minutes to read Consumption Smoothing and the Current Account aloud.

What Reading Level is Consumption Smoothing and the Current Account?

Consumption Smoothing and the Current Account is suitable for students ages 6 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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