How Long to Read International Financial Contagion and the Fund: A Theoretical Framework
By Peter B. Clark
How Long Does it Take to Read International Financial Contagion and the Fund: A Theoretical Framework?
It takes the average reader and 31 minutes to read International Financial Contagion and the Fund: A Theoretical Framework by Peter B. Clark
Assuming a reading speed of 250 words per minute. Learn more
Description
We provide a model of contagion where countries borrow or lend for consumption smoothing at the market interest rate or a lower IMF rate. Highly indebted countries hit by large negative shocks to output will default. The resulting reduction in loanable funds raises interest rates, increases the vulnerability of other indebted countries, and can generate further rounds of defaults. In this environment the IMF can limit default and internalize the externality generated by contagion through its lending with conditionality. We characterize the IMF's optimal lending decision in mitigating the loss in world consumption.
How long is International Financial Contagion and the Fund: A Theoretical Framework?
International Financial Contagion and the Fund: A Theoretical Framework by Peter B. Clark is 31 pages long, and a total of 7,781 words.
This makes it 10% the length of the average book. It also has 10% more words than the average book.
How Long Does it Take to Read International Financial Contagion and the Fund: A Theoretical Framework Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read International Financial Contagion and the Fund: A Theoretical Framework aloud.
What Reading Level is International Financial Contagion and the Fund: A Theoretical Framework?
International Financial Contagion and the Fund: A Theoretical Framework 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 Financial Contagion and the Fund: A Theoretical Framework?
International Financial Contagion and the Fund: A Theoretical Framework by Peter B. Clark is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy International Financial Contagion and the Fund: A Theoretical Framework by Peter B. Clark on Amazon click the button below.
Buy International Financial Contagion and the Fund: A Theoretical Framework on Amazon