It takes the average reader 1 hour and 11 minutes to read Pricing Protest: The Response of Financial Markets to Social Unrest by International Monetary Fund
Assuming a reading speed of 250 words per minute. Learn more
Using a new daily index of social unrest, we provide systematic evidence on the negative impact of social unrest on stock market performance. An average social unrest episode in an typical country causes a 1.4 percentage point drop in cumulative abnormal returns over a two-week event window. This drop is more pronounced for events that last longer and for events that happen in emerging markets. Stronger institutions, particularly better governance and more democratic systems, mitigate the adverse impact of social unrest on stock market returns.
Pricing Protest: The Response of Financial Markets to Social Unrest by International Monetary Fund is 69 pages long, and a total of 17,871 words.
This makes it 23% the length of the average book. It also has 22% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 37 minutes to read Pricing Protest: The Response of Financial Markets to Social Unrest aloud.
Pricing Protest: The Response of Financial Markets to Social Unrest 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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