How Long to Read Financial Crises in DSGE Models: Selected Applications of MAPMOD

By Jaromir Benes

How Long Does it Take to Read Financial Crises in DSGE Models: Selected Applications of MAPMOD?

It takes the average reader and 56 minutes to read Financial Crises in DSGE Models: Selected Applications of MAPMOD by Jaromir Benes

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

Description

This paper, together with a technical companion paper, presents MAPMOD, a new IMF model designed to study vulnerabilities associated with excessive credit expansions, and to support macroprudential policy analysis. In MAPMOD, bank loans create purchasing power that facilitates adjustments in the real economy. But excessively large and risky loans can impair balance sheets and sow the seeds of a financial crisis. Banks respond to losses through higher spreads and rapid credit cutbacks, with adverse effects for the real economy. These features allow the model to capture the basic facts of both the pre-crisis and crisis phases of financial cycles.

How long is Financial Crises in DSGE Models: Selected Applications of MAPMOD?

Financial Crises in DSGE Models: Selected Applications of MAPMOD by Jaromir Benes is 55 pages long, and a total of 14,025 words.

This makes it 19% the length of the average book. It also has 17% more words than the average book.

How Long Does it Take to Read Financial Crises in DSGE Models: Selected Applications of MAPMOD Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 16 minutes to read Financial Crises in DSGE Models: Selected Applications of MAPMOD aloud.

What Reading Level is Financial Crises in DSGE Models: Selected Applications of MAPMOD?

Financial Crises in DSGE Models: Selected Applications of MAPMOD 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 Financial Crises in DSGE Models: Selected Applications of MAPMOD?

Financial Crises in DSGE Models: Selected Applications of MAPMOD by Jaromir Benes is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Financial Crises in DSGE Models: Selected Applications of MAPMOD by Jaromir Benes on Amazon click the button below.

Buy Financial Crises in DSGE Models: Selected Applications of MAPMOD on Amazon