How Long to Read Sudden Stops, Output Drops, and Credit Collapses

How Long Does it Take to Read Sudden Stops, Output Drops, and Credit Collapses?

It takes the average reader and 43 minutes to read Sudden Stops, Output Drops, and Credit Collapses by Jihad Dagher

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

Description

This paper proposes a tractable Sudden Stop model to explain the main patterns in firm level data in a sample of Southeast Asian firms during the Asian crisis. The model, which features trend shocks and financial frictions, is able to generate the main patterns observed in the sample during and following the Asian crisis, including the ensuing credit-less recovery, which are also patterns broadly shared by most Sudden Stop episodes as documented in Calvo et al. (2006). The model also proposes a novel explanation as to why small firms experience steeper declines than their larger peers as documented in this paper. This size effect is generated under the assumption that small firms are growth firms, to which there is support in the data. Trend shocks when combined with financial frictions in this model also generate strong leverage effects in line with what is observed in the sample, and with other observations from the literature.

How long is Sudden Stops, Output Drops, and Credit Collapses?

Sudden Stops, Output Drops, and Credit Collapses by Jihad Dagher is 43 pages long, and a total of 10,879 words.

This makes it 15% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Sudden Stops, Output Drops, and Credit Collapses Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 59 minutes to read Sudden Stops, Output Drops, and Credit Collapses aloud.

What Reading Level is Sudden Stops, Output Drops, and Credit Collapses?

Sudden Stops, Output Drops, and Credit Collapses 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 Sudden Stops, Output Drops, and Credit Collapses?

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