How Long to Read Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market

By Mr. Francesco Grigoli

How Long Does it Take to Read Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market?

It takes the average reader and 20 minutes to read Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market by Mr. Francesco Grigoli

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

Description

This paper provides the first assessment of the contribution of idiosyncratic shocks to aggregate fluctuations in an emerging market using confidential data on the universe of Chilean firms. We find that idiosyncratic shocks account for more than 40 percent of the volatility of aggregate sales. Although quite large, this contribution is smaller than documented in previous studies based on advanced economies, despite a higher degree of market concentration in Chile.We show that this finding is explained by larger firms being less volatile and by weaker propagation effects across Chilean firms.

How long is Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market?

Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market by Mr. Francesco Grigoli is 20 pages long, and a total of 5,000 words.

This makes it 7% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 27 minutes to read Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market aloud.

What Reading Level is Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market?

Idiosyncratic Shocks and Aggregate Fluctuations in an Emerging Market 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.

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