How Long to Read Global Equilibrium Exchange Rates

How Long Does it Take to Read Global Equilibrium Exchange Rates?

It takes the average reader and 44 minutes to read Global Equilibrium Exchange Rates by Mr.Angel J. Ubide

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

Description

This paper presents a methodology for calculating bilateral equilibrium exchange rates for a panel of currencies in a way that guarantees global consistency. The methodology has three parts: a theoretical model that encompasses the balance of payments and the Balassa-Samuelson approaches to real exchange rate determination; an unobserved components decomposition in a cointegration framework that identifies a time-varying equilibrium real exchange rate; and an algebraic transformation that extracts bilateral equilibrium nominal rates. The results uncover that, by the start of Stage III of the European Economic and Monetary Union (EMU), the euro was significantly undervalued against the dollar and the pound, but overvalued against the yen. The paper also shows that the four major EMU currencies locked their parities with the euro at a rate close to equilibrium.

How long is Global Equilibrium Exchange Rates?

Global Equilibrium Exchange Rates by Mr.Angel J. Ubide is 44 pages long, and a total of 11,176 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read Global Equilibrium Exchange Rates Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Global Equilibrium Exchange Rates aloud.

What Reading Level is Global Equilibrium Exchange Rates?

Global Equilibrium Exchange Rates 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 Global Equilibrium Exchange Rates?

Global Equilibrium Exchange Rates by Mr.Angel J. Ubide 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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