How Long to Read International Reserves

How Long Does it Take to Read International Reserves?

It takes the average reader and 33 minutes to read International Reserves by Mr. Joshua Aizenman

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

Description

This paper compares the importance of precautionary and mercantilist motives in the hoarding of international reserves by developing countries. Overall, empirical results support precautionary motives; in particular, a more liberal capital account regime increases international reserves. Theoretically, large precautionary demand for international reserves arises as a self-insurance to avoid costly liquidation of long-term projects when the economy is susceptible to sudden stops. The welfare gain from the optimal management of international reserves is of a first-order magnitude, reducing the welfare cost of liquidity shocks from a first-order to a second-order magnitude.

How long is International Reserves?

International Reserves by Mr. Joshua Aizenman is 33 pages long, and a total of 8,349 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read International Reserves Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 45 minutes to read International Reserves aloud.

What Reading Level is International Reserves?

International Reserves 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 Reserves?

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