How Long to Read Dollarization of Financial Intermediation

How Long Does it Take to Read Dollarization of Financial Intermediation?

It takes the average reader and 50 minutes to read Dollarization of Financial Intermediation by Mr. Eduardo Levy Yeyati

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

Description

This paper presents a portfolio model of financial intermediation in which currency choice is determined by hedging decisions on both sides of a bank’s balance sheet. Minimum variance portfolio (MVP) allocations are found to provide a natural benchmark to estimate the scope for dollarization of bank deposits and loans as a function of macroeconomic uncertainty. Dollarization hysteresis is shown to occur when the expected volatility of the inflation rate is high in relation to that of the real exchange rate. The evidence shows that MVP dollarization generally approximates actual dollarization closely for a broad sample of countries, and policy implications are explored.

How long is Dollarization of Financial Intermediation?

Dollarization of Financial Intermediation by Mr. Eduardo Levy Yeyati is 50 pages long, and a total of 12,500 words.

This makes it 17% the length of the average book. It also has 15% more words than the average book.

How Long Does it Take to Read Dollarization of Financial Intermediation Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 8 minutes to read Dollarization of Financial Intermediation aloud.

What Reading Level is Dollarization of Financial Intermediation?

Dollarization of Financial Intermediation 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 Dollarization of Financial Intermediation?

Dollarization of Financial Intermediation by Mr. Eduardo Levy Yeyati 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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