It takes the average reader and 28 minutes to read Currency Unions, Economic Fluctuations, and Adjustment by Mr.Tamim Bayoumi
Assuming a reading speed of 250 words per minute. Learn more
This paper examines the sources of disturbances to output in the United States and a set of EU countries and analyzes labor market adjustment mechanisms in these two economic areas. Comparable datasets comprising 1-digit sectoral data for eight U.S. regions and eight European countries are constructed and used to compare the degree of industrial diversification and the relative importance of different sources of shocks to output growth. Both areas are found to be subject to similar overall disturbances although a disaggregated perspective reveals some important differences. The major difference, however, is in labor market adjustment. Interregional labor mobility appears to be a much more important adjustment mechanism in the United States, which has a more integrated labor market than the EU.
Currency Unions, Economic Fluctuations, and Adjustment by Mr.Tamim Bayoumi is 28 pages long, and a total of 7,224 words.
This makes it 9% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read Currency Unions, Economic Fluctuations, and Adjustment aloud.
Currency Unions, Economic Fluctuations, and Adjustment is suitable for students ages 8 and up.
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