How Long to Read Four Decades of Terms-of-Trade Booms

How Long Does it Take to Read Four Decades of Terms-of-Trade Booms?

It takes the average reader and 32 minutes to read Four Decades of Terms-of-Trade Booms by Gustavo Adler

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

Description

We study the history of terms-of-trade booms (during 1970–2012), with a focus on Latin America, through the prisms of a simple metric that quantifies the associated income windfall. We also document saving patterns during these episodes and propose a measure of how much of the income windfall was saved. We find that Latin America‘s terms-of-trade shocks of the last decade have not differed much in magnitude from those observed during the 1970s, but that the associated windfall have been substantially larger. While aggregate saving increased more than in past episodes, the share of the windfall saved (the marginal saving rate) seems to be lower, suggesting that greater aggregate saving reflects mainly the sheer size of the windfall rather than a greater 'effort' to save it. Finally, we find evidence that, while savings during the boom help to increase post-boom income, the composition of such savings matters. Specifically, in past episodes, savings allocated to foreign asset accumulation appear to have contributed more to post-boom income than those devoted to domestic investment.

How long is Four Decades of Terms-of-Trade Booms?

Four Decades of Terms-of-Trade Booms by Gustavo Adler is 32 pages long, and a total of 8,064 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Four Decades of Terms-of-Trade Booms Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Four Decades of Terms-of-Trade Booms aloud.

What Reading Level is Four Decades of Terms-of-Trade Booms?

Four Decades of Terms-of-Trade Booms 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 Four Decades of Terms-of-Trade Booms?

Four Decades of Terms-of-Trade Booms by Gustavo Adler 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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