How Long to Read Oil and the World Economy

How Long Does it Take to Read Oil and the World Economy?

It takes the average reader and 31 minutes to read Oil and the World Economy by Mr.Michael Kumhof

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

Description

This paper, using a six-region DSGE model of the world economy, assesses the GDP and current account implications of permanent oil supply shocks hitting the world economy at an unspecified future date. For modest-sized shocks and conventional production technologies the effects are modest. But for larger shocks, for elasticities of substitution that decline as oil usage is reduced to a minimum, and for production functions in which oil acts as a critical enabler of technologies, GDP growth could drop significantly. Also, oil prices could become so high that smooth adjustment, as assumed in the model, may become very difficult.

How long is Oil and the World Economy?

Oil and the World Economy by Mr.Michael Kumhof is 31 pages long, and a total of 7,781 words.

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

How Long Does it Take to Read Oil and the World Economy Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read Oil and the World Economy aloud.

What Reading Level is Oil and the World Economy?

Oil and the World Economy 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 Oil and the World Economy?

Oil and the World Economy by Mr.Michael Kumhof 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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