How Long to Read International Reserves and Rollover Risk

How Long Does it Take to Read International Reserves and Rollover Risk?

It takes the average reader and 40 minutes to read International Reserves and Rollover Risk by Mr. Javier Bianchi

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

Description

Two striking facts about international capital flows in emerging economies motivate this paper: (1) Governments hold large amounts of international reserves, for which they obtain a return lower than their borrowing cost. (2) Purchases of domestic assets by nonresidents and purchases of foreign assets by residents are both procyclical and collapse during crises. We propose a dynamic model of endogenous default that can account for these facts. The government faces a trade-off between the benefits of keeping reserves as a buffer against rollover risk and the cost of having larger gross debt...

How long is International Reserves and Rollover Risk?

International Reserves and Rollover Risk by Mr. Javier Bianchi is 40 pages long, and a total of 10,000 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read International Reserves and Rollover Risk Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 54 minutes to read International Reserves and Rollover Risk aloud.

What Reading Level is International Reserves and Rollover Risk?

International Reserves and Rollover Risk 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 and Rollover Risk?

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