How Long to Read Regional Financial Spillovers Across Europe

By Ms. Silvia Sgherri

How Long Does it Take to Read Regional Financial Spillovers Across Europe?

It takes the average reader and 34 minutes to read Regional Financial Spillovers Across Europe by Ms. Silvia Sgherri

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

Description

The recent financial crisis raises important issues about the transmission of financial shocks across borders. In this paper, a global vector autoregressive (GVAR) model is constructed to assess the relevance of international spillovers following a historical slowdown in U.S. equity prices. The GVAR model contains 27 country-specific models, including the United States, 17 European advanced economies, and 9 European emerging economies. Each country model is linked to the others by a set of country-specific foreign variables, computed using bilateral bank lending exposures. Results reveal considerable comovements of equity prices across mature financial markets. However, the effects on credit growth are found to be country-specific. Evidence indicates that asset prices are the main channel through which-in the short run-financial shocks are transmitted internationally, while the contribution of other variables-like the cost and quantity of credit-becomes more important over longer horizons.

How long is Regional Financial Spillovers Across Europe?

Regional Financial Spillovers Across Europe by Ms. Silvia Sgherri is 34 pages long, and a total of 8,636 words.

This makes it 11% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read Regional Financial Spillovers Across Europe Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read Regional Financial Spillovers Across Europe aloud.

What Reading Level is Regional Financial Spillovers Across Europe?

Regional Financial Spillovers Across Europe 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 Regional Financial Spillovers Across Europe?

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