How Long to Read Precautionary Savings in the Great Recession

How Long Does it Take to Read Precautionary Savings in the Great Recession?

It takes the average reader and 39 minutes to read Precautionary Savings in the Great Recession by Mr.Ashoka Mody

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

Description

Heightened uncertainty since the onset of the Great Recession has materially increased saving rates, contributing to lower consumption and GDP growth. Consistent with a model of precautionary savings in the face of uncertainty, we find for a panel of advanced economies that greater labor income uncertainty is significantly associated with higher household savings. These results are robust to controlling for other determinants of saving rates, including wealth-to-income ratios, the government fiscal balance, demographics, credit conditions, and global growth and financial stress. Our estimates imply that at least two-fifths of the sharp increase in household saving rates between 2007 and 2009 can be attributed to the precautionary savings motive.

How long is Precautionary Savings in the Great Recession?

Precautionary Savings in the Great Recession by Mr.Ashoka Mody is 38 pages long, and a total of 9,804 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Precautionary Savings in the Great Recession Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 53 minutes to read Precautionary Savings in the Great Recession aloud.

What Reading Level is Precautionary Savings in the Great Recession?

Precautionary Savings in the Great Recession 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 Precautionary Savings in the Great Recession?

Precautionary Savings in the Great Recession by Mr.Ashoka Mody 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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