How Long to Read International Capital Flows at the Security Level – Evidence from the ECB’s Asset Purchase Programme

How Long Does it Take to Read International Capital Flows at the Security Level – Evidence from the ECB’s Asset Purchase Programme?

It takes the average reader and 47 minutes to read International Capital Flows at the Security Level – Evidence from the ECB’s Asset Purchase Programme by Katharina Bergant

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

Description

We analyse euro area investors' portfolio rebalancing during the ECB's Asset Purchase Programme at the security level. Our empirical analysis shows that euro area investors (in particular investment funds and households) actively rebalanced away from securities targeted under the Public Sector Purchase Programme and other euro-denominated debt securities, towards foreign debt instruments, including `closest substitutes', i.e. certain sovereign debt securities issued by non-euro area advanced countries. This rebalancing was particularly strong during the first six quarters of the programme. Our analysis also reveals marked differences across sectors as well as country groups within the euro area, suggesting that quantitative easing has induced heterogeneous portfolio shifts.

How long is International Capital Flows at the Security Level – Evidence from the ECB’s Asset Purchase Programme?

International Capital Flows at the Security Level – Evidence from the ECB’s Asset Purchase Programme by Katharina Bergant is 46 pages long, and a total of 11,776 words.

This makes it 16% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read International Capital Flows at the Security Level – Evidence from the ECB’s Asset Purchase Programme Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 4 minutes to read International Capital Flows at the Security Level – Evidence from the ECB’s Asset Purchase Programme aloud.

What Reading Level is International Capital Flows at the Security Level – Evidence from the ECB’s Asset Purchase Programme?

International Capital Flows at the Security Level – Evidence from the ECB’s Asset Purchase Programme 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 International Capital Flows at the Security Level – Evidence from the ECB’s Asset Purchase Programme?

International Capital Flows at the Security Level – Evidence from the ECB’s Asset Purchase Programme by Katharina Bergant 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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