How Long to Read Steady as She Goes—Estimating Potential Output During Financial “Booms and Busts”

By Mr.Helge Berger

How Long Does it Take to Read Steady as She Goes—Estimating Potential Output During Financial “Booms and Busts”?

It takes the average reader and 33 minutes to read Steady as She Goes—Estimating Potential Output During Financial “Booms and Busts” by Mr.Helge Berger

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

Description

Potential output—in the sense of the GDP level or path an economy can sustain over the medium term—is a crucial benchmark for policymakers. However, it is difficult to estimate when financial “booms and busts” are driving the real economy. This paper uses a simple multivariate filtering approach to illustrate the role financial variables play in driving potential or sustainable output. The results suggest that it moves more steadily during financial “boom and bust” periods than implied by conventional HP filter estimates, which tend to more closely follow actual GDP. A two-region, multisector New Keynesian DSGE model with financial frictions sheds light on the economic forces that could be behind the results obtained from the filter. This has important implications for policymakers.

How long is Steady as She Goes—Estimating Potential Output During Financial “Booms and Busts”?

Steady as She Goes—Estimating Potential Output During Financial “Booms and Busts” by Mr.Helge Berger is 33 pages long, and a total of 8,349 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Steady as She Goes—Estimating Potential Output During Financial “Booms and Busts” Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 45 minutes to read Steady as She Goes—Estimating Potential Output During Financial “Booms and Busts” aloud.

What Reading Level is Steady as She Goes—Estimating Potential Output During Financial “Booms and Busts”?

Steady as She Goes—Estimating Potential Output During Financial “Booms and Busts” 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 Steady as She Goes—Estimating Potential Output During Financial “Booms and Busts”?

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