It takes the average reader and 30 minutes to read Financial Integration and Macroeconomic Volatility by Mr. Marco Terrones
Assuming a reading speed of 250 words per minute. Learn more
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 volatility of consumption, but only up to a certain threshold. The benefits of financial integration in terms of improved risk-sharing and consumption-smoothing possibilities appear to accrue only beyond this threshold.
Financial Integration and Macroeconomic Volatility by Mr. Marco Terrones is 29 pages long, and a total of 7,511 words.
This makes it 10% 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 41 minutes to read Financial Integration and Macroeconomic Volatility aloud.
Financial Integration and Macroeconomic Volatility 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.
Financial Integration and Macroeconomic Volatility by Mr. Marco Terrones is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy Financial Integration and Macroeconomic Volatility by Mr. Marco Terrones on Amazon click the button below.
Buy Financial Integration and Macroeconomic Volatility on Amazon