How Long to Read Is Banks’ Home Bias Good or Bad for Public Debt Sustainability?
By Mr. Tamon Asonuma
How Long Does it Take to Read Is Banks’ Home Bias Good or Bad for Public Debt Sustainability??
It takes the average reader and 38 minutes to read Is Banks’ Home Bias Good or Bad for Public Debt Sustainability? by Mr. Tamon Asonuma
Assuming a reading speed of 250 words per minute. Learn more
Description
Motivated by the recent increase in domestic banks’ holdings of domestic sovereign debt (i.e., home bias) in the European periphery, this paper analyzes implications of banks’ home bias for the sovereign’s debt sustainability. The main findings, based on a sample of advanced (AM) and emerging market (EM) economies, suggest that home bias generally reduces the cost of borrowing for AMs and EMs when debt levels are moderate to high. A worsening of market sentiments appears to dimish the favorable impact of home bias on cost of borrowing particularly for EMs. In addition, for AMs and EMs, higher home bias is associated with higher debt levels, and less responsive fiscal policy. The findings suggest that home bias indeed matters for debt sustainability: Home bias may provide fiscal breathing space, but delays in fiscal consolidation may actually delay problems until debt reaches dangerously high levels.
How long is Is Banks’ Home Bias Good or Bad for Public Debt Sustainability??
Is Banks’ Home Bias Good or Bad for Public Debt Sustainability? by Mr. Tamon Asonuma is 37 pages long, and a total of 9,509 words.
This makes it 12% the length of the average book. It also has 12% more words than the average book.
How Long Does it Take to Read Is Banks’ Home Bias Good or Bad for Public Debt Sustainability? Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read Is Banks’ Home Bias Good or Bad for Public Debt Sustainability? aloud.
What Reading Level is Is Banks’ Home Bias Good or Bad for Public Debt Sustainability??
Is Banks’ Home Bias Good or Bad for Public Debt Sustainability? 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 Is Banks’ Home Bias Good or Bad for Public Debt Sustainability??
Is Banks’ Home Bias Good or Bad for Public Debt Sustainability? by Mr. Tamon Asonuma 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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