It takes the average reader and 28 minutes to read Financial Integration and Macroeconomic Volatility by Mr.Ayhan Kose
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This paper examines the impact of international financial integration on macroeconomic volatility in a large group of industrial and developing economies over the period 1960-99. We report two major results: First, while the volatility of output growth has, on average, declined in the 1990s relative to the three preceding decades, we also document that, on average, the volatility of consumption growth relative to that of income growth has increased for more financially integrated developing economies in the 1990s. Second, increasing financial openness is associated with rising relative...
Financial Integration and Macroeconomic Volatility by Mr.Ayhan Kose is 28 pages long, and a total of 7,224 words.
This makes it 9% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read Financial Integration and Macroeconomic Volatility aloud.
Financial Integration and Macroeconomic Volatility is suitable for students ages 8 and up.
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