It takes the average reader and 30 minutes to read Investment in the Euro Area: Why Has It Been Weak? by Ms. Bergljot Barkbu
Assuming a reading speed of 250 words per minute. Learn more
Investment across the euro area remains below its pre-crisis level. Its performance has been weaker than in most previous recessions and financial crises. This paper shows that a part of this weakness can be explained by output dynamics, particularly before the European sovereign debt crisis. The rest is explained by a high cost of capital, financial constraints, corporate leverage, and uncertainty. There is a considerable cross country heterogeneity in terms of both investment dymanics and its determinants. Based on the findings of this paper, investment is expected to pick up as the recovery strengthens and uncertainty declines, but persistent financial fragmentation and high corporate leverage in some countries will likely continue to weigh on investment.
Investment in the Euro Area: Why Has It Been Weak? by Ms. Bergljot Barkbu is 30 pages long, and a total of 7,500 words.
This makes it 10% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 40 minutes to read Investment in the Euro Area: Why Has It Been Weak? aloud.
Investment in the Euro Area: Why Has It Been Weak? is suitable for students ages 8 and up.
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