How Long to Read Estimation of the Equilibrium Real Exchange Rate for South Africa

How Long Does it Take to Read Estimation of the Equilibrium Real Exchange Rate for South Africa?

It takes the average reader and 25 minutes to read Estimation of the Equilibrium Real Exchange Rate for South Africa by Mr. Ronald MacDonald

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

Description

Based on the Johansen cointegration estimation methodology, much of the long-run behavior of the real effective exchange rate of South Africa can be explained by real interest rate differentials, GDP per capita (both relative to trading partners), real commodity prices, trade openness, the fiscal balance, and the extent of net foreign assets. On the basis of these fundamentals, the real exchange rate in early 2002 was found to be significantly more depreciated with respect to the estimated equilibrium level. The half-life of the deviation of the real exchange rate from the estimated equilibrium one was found to be somewhat more than two years.

How long is Estimation of the Equilibrium Real Exchange Rate for South Africa?

Estimation of the Equilibrium Real Exchange Rate for South Africa by Mr. Ronald MacDonald is 25 pages long, and a total of 6,375 words.

This makes it 8% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read Estimation of the Equilibrium Real Exchange Rate for South Africa Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 34 minutes to read Estimation of the Equilibrium Real Exchange Rate for South Africa aloud.

What Reading Level is Estimation of the Equilibrium Real Exchange Rate for South Africa?

Estimation of the Equilibrium Real Exchange Rate for South Africa 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.

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