How Long to Read Hysteresis and Business Cycles

How Long Does it Take to Read Hysteresis and Business Cycles?

It takes the average reader and 50 minutes to read Hysteresis and Business Cycles by Ms.Valerie Cerra

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

Description

Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.

How long is Hysteresis and Business Cycles?

Hysteresis and Business Cycles by Ms.Valerie Cerra is 50 pages long, and a total of 12,500 words.

This makes it 17% the length of the average book. It also has 15% more words than the average book.

How Long Does it Take to Read Hysteresis and Business Cycles Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 8 minutes to read Hysteresis and Business Cycles aloud.

What Reading Level is Hysteresis and Business Cycles?

Hysteresis and Business Cycles 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 Hysteresis and Business Cycles?

Hysteresis and Business Cycles by Ms.Valerie Cerra 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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