It takes the average reader and 24 minutes to read Current Account Balance Estimates for Emerging Market Economies by Leandro Medina
Assuming a reading speed of 250 words per minute. Learn more
This paper uses a modified version of the methodology used by the IMF's Consultative Group on Exchange Rate Issues (CGER) to calculate equilibrium current account balances (or ?norms?) for a sample of 33 emerging market economies. We find that the fundamental determinants of the equilibrium current account balances are similar to those identified by the CGER using a sample that also comprises advanced economies. However, the fiscal balance has a considerably stronger impact on current account norms for emerging markets. This paper also offers estimates for the equilibrium current account balances of eleven smaller emerging market economies that are not currently included in the country sample used by the CGER.
Current Account Balance Estimates for Emerging Market Economies by Leandro Medina is 24 pages long, and a total of 6,096 words.
This makes it 8% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 33 minutes to read Current Account Balance Estimates for Emerging Market Economies aloud.
Current Account Balance Estimates for Emerging Market Economies is suitable for students ages 8 and up.
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