How Long to Read Macroeconomic Effects of Sovereign Restructuring in a Monetary Union: A Model-based Approach

How Long Does it Take to Read Macroeconomic Effects of Sovereign Restructuring in a Monetary Union: A Model-based Approach?

It takes the average reader and 42 minutes to read Macroeconomic Effects of Sovereign Restructuring in a Monetary Union: A Model-based Approach by Lorenzo Forni

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

Description

We assess the macroeconomic effects of a sovereign restructuring in a small economy belonging to a monetary union by simulating a dynamic general equilibrium model. In line with the empirical evidence, we make the following three key assumptions. First, sovereign debt is held by domestic agents and by agents in the rest of the monetary union. Second, after the restructuring the sovereign borrowing rate increases and its increase is fully transmitted to the borrowing rate paid by the domestic agents. Third, the government cannot discriminate between domestic and foreign agents when...

How long is Macroeconomic Effects of Sovereign Restructuring in a Monetary Union: A Model-based Approach?

Macroeconomic Effects of Sovereign Restructuring in a Monetary Union: A Model-based Approach by Lorenzo Forni is 42 pages long, and a total of 10,584 words.

This makes it 14% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Macroeconomic Effects of Sovereign Restructuring in a Monetary Union: A Model-based Approach Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 57 minutes to read Macroeconomic Effects of Sovereign Restructuring in a Monetary Union: A Model-based Approach aloud.

What Reading Level is Macroeconomic Effects of Sovereign Restructuring in a Monetary Union: A Model-based Approach?

Macroeconomic Effects of Sovereign Restructuring in a Monetary Union: A Model-based Approach 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.

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