It takes the average reader and 10 minutes to read The Demand for M1 in the United States by Mr.James M. Boughton
Assuming a reading speed of 250 words per minute. Learn more
A recent paper by Baba, Hendry, and Starr presents an error-correction model of the demand for M1 in the United States, which shows a dramatic improvement in both fit and stability over earlier models. This note estimates an alternative model with the same data set and draws two conclusions: that the improvements are due more to the use of complex dynamics than to the introduction of variables representing financial innovation, and that some of the economic properties are not robust with respect to minor changes in specification.
The Demand for M1 in the United States by Mr.James M. Boughton is 10 pages long, and a total of 2,500 words.
This makes it 3% the length of the average book. It also has 3% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 13 minutes to read The Demand for M1 in the United States aloud.
The Demand for M1 in the United States is suitable for students ages 6 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.
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