How Long to Read Macro-Hedging for Commodity Exporters

How Long Does it Take to Read Macro-Hedging for Commodity Exporters?

It takes the average reader and 30 minutes to read Macro-Hedging for Commodity Exporters by Mr. Eduardo Borensztein

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

Description

This paper uses a dynamic optimization model to estimate the welfare gains of hedging against commodity price risk for commodity-exporting countries. The introduction of hedging instruments such as futures and options enhances domestic welfare through two channels. First, by reducing export income volatility and allowing for a smoother consumption path. Second, by reducing the country''s need to hold foreign assets as precautionary savings (or by improving the country''s ability to borrow against future export income). Under plausibly calibrated parameters, the second channel may lead to much...

How long is Macro-Hedging for Commodity Exporters?

Macro-Hedging for Commodity Exporters by Mr. Eduardo Borensztein is 29 pages long, and a total of 7,511 words.

This makes it 10% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read Macro-Hedging for Commodity Exporters Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 41 minutes to read Macro-Hedging for Commodity Exporters aloud.

What Reading Level is Macro-Hedging for Commodity Exporters?

Macro-Hedging for Commodity Exporters 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 Macro-Hedging for Commodity Exporters?

Macro-Hedging for Commodity Exporters by Mr. Eduardo Borensztein 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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