How Long to Read Predicting Financial Crises: The Role of Asset Prices

How Long Does it Take to Read Predicting Financial Crises: The Role of Asset Prices?

It takes the average reader and 50 minutes to read Predicting Financial Crises: The Role of Asset Prices by Tristan Hennig

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

Description

We explore the early warning properties of a composite indicator which summarizes signals from a range of asset price growth and asset price volatility indicators to capture mispricing of risk in asset markets. Using a quarterly panel of 108 advanced and emerging economies over 1995-2017, we show that the combination of rapid asset price growth and low asset price volatility is a good predictor of future financial crises. Elevated levels of our indicator significantly increase the probability of entering a crisis within the next three years relative to normal times when the indicator is not elevated. The indicator outperforms credit-based early warning metrics, a result robust to prediction horizons, methodological choices, and income groups. Our results are consistent with the idea that measures based on asset prices can offer critical information about systemic risk levels to policymakers.

How long is Predicting Financial Crises: The Role of Asset Prices?

Predicting Financial Crises: The Role of Asset Prices by Tristan Hennig is 49 pages long, and a total of 12,691 words.

This makes it 17% the length of the average book. It also has 16% more words than the average book.

How Long Does it Take to Read Predicting Financial Crises: The Role of Asset Prices Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 9 minutes to read Predicting Financial Crises: The Role of Asset Prices aloud.

What Reading Level is Predicting Financial Crises: The Role of Asset Prices?

Predicting Financial Crises: The Role of Asset Prices 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 Predicting Financial Crises: The Role of Asset Prices?

Predicting Financial Crises: The Role of Asset Prices by Tristan Hennig 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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