It takes the average reader 1 hour and 15 minutes to read Macroeconomic Uncertainty and Capital-Skill Complementarity by Anna Belianska
Assuming a reading speed of 250 words per minute. Learn more
I examine the impact of macroeconomic uncertainty on labor market outcomes for skilled and unskilled workers and propose a new channel to improve our understanding of the underlying propagation mechanisms. I find that uncertainty shocks are recessionary with the unskilled experiencing a steeper fall in employment. To rationalize these findings, I build a New Keynesian DSGE model with skill heterogeneity and wage rigidities, which, coupled with precautionary labor supply, significantly amplify contractionary effects of uncertainty on the real economy.
Macroeconomic Uncertainty and Capital-Skill Complementarity by Anna Belianska is 74 pages long, and a total of 18,796 words.
This makes it 25% the length of the average book. It also has 23% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 42 minutes to read Macroeconomic Uncertainty and Capital-Skill Complementarity aloud.
Macroeconomic Uncertainty and Capital-Skill Complementarity 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.
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