How Long to Read External Liabilities and Crises

How Long Does it Take to Read External Liabilities and Crises?

It takes the average reader and 38 minutes to read External Liabilities and Crises by Mr.Luis Catão

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

Description

We examine the determinants of external crises, focusing on the role of foreign liabilities and their composition. Using a variety of statistical tools and comprehensive data spanning 1970-2011, we find that the ratio of net foreign liabilities (NFL) to GDP is a significant crisis predictor, and the more so when it exceeds 50 percent in absolute terms and 20 percent of the country-specific historical mean. This is primarily due to net external debt--the effect of net equity liabilities is weaker and net FDI liabilities seem if anything an offset factor. We also find that: i) breaking down net external debt into its gross asset and liability counterparts does not add significant explanatory power to crisis prediction; ii) the current account is a powerful predictor, either measured unconditionally or as deviations from conventionally estimated “norms” iii) foreign exchange reserves reduce the likelihood of crisis more than other foreign asset holdings; iv) a parsimonious probit containing those and a handful of other variables has good predictive performance in- and out-of-sample. The latter result stems largely from our focus on external crises stricto sensu.

How long is External Liabilities and Crises?

External Liabilities and Crises by Mr.Luis Catão is 37 pages long, and a total of 9,509 words.

This makes it 12% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read External Liabilities and Crises Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read External Liabilities and Crises aloud.

What Reading Level is External Liabilities and Crises?

External Liabilities and Crises 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 External Liabilities and Crises?

External Liabilities and Crises by Mr.Luis Catão 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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