How Long to Read Information Rigidities in Economic Growth Forecasts
By Jonas Dovern
How Long Does it Take to Read Information Rigidities in Economic Growth Forecasts?
It takes the average reader and 24 minutes to read Information Rigidities in Economic Growth Forecasts by Jonas Dovern
Assuming a reading speed of 250 words per minute. Learn more
Description
We examine the behavior of forecasts for real GDP growth using a large panel of individual forecasts from 30 advanced and emerging economies during 1989–2010. Our main findings are as follows. First, our evidence does not support the validity of the sticky information model (Mankiw and Reis, 2002) for describing the dynamics of professional growth forecasts. Instead, the empirical evidence is more in line with implications of "noisy" information models (Woodford, 2002; Sims, 2003). Second, we find that information rigidities are more pronounced in emerging economies than advanced economies. Third, there is evidence of nonlinearities in forecast smoothing. It is less pronounced in the tails of the distribution of individual forecast revisions than in the central part of the distribution.
How long is Information Rigidities in Economic Growth Forecasts?
Information Rigidities in Economic Growth Forecasts by Jonas Dovern is 24 pages long, and a total of 6,096 words.
This makes it 8% the length of the average book. It also has 7% more words than the average book.
How Long Does it Take to Read Information Rigidities in Economic Growth Forecasts Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 33 minutes to read Information Rigidities in Economic Growth Forecasts aloud.
What Reading Level is Information Rigidities in Economic Growth Forecasts?
Information Rigidities in Economic Growth Forecasts 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 Information Rigidities in Economic Growth Forecasts?
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