How Long to Read The Impact of Uncertainty Shocks: Continental Europe Versus the Anglo-Saxon World

How Long Does it Take to Read The Impact of Uncertainty Shocks: Continental Europe Versus the Anglo-Saxon World?

It takes the average reader and 17 minutes to read The Impact of Uncertainty Shocks: Continental Europe Versus the Anglo-Saxon World by Joris de Wind

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

Description

We show empirically that uncertainty shocks are followed by deeper recessions in Continental Europe than in the Anglo-Saxon World. Moreover, our variance decomposition indicates that the conditional variance of economic activity related to only uncertainty shocks is much larger in Continental Europe. We associate these findings with country heterogeneity in labor and capital market flexibility, since firms are less capable to deal with uncertain situations when investment and hiring decisions are less easy to reverse, as suggested by Bloom (2009) and consistent with the findings of Bartelsman, Gautier, and de Wind (2016). Our empirical results are based on a structural Vector Autoregression with a similar specification as Bloom (2009).

How long is The Impact of Uncertainty Shocks: Continental Europe Versus the Anglo-Saxon World?

The Impact of Uncertainty Shocks: Continental Europe Versus the Anglo-Saxon World by Joris de Wind is 17 pages long, and a total of 4,369 words.

This makes it 6% the length of the average book. It also has 5% more words than the average book.

How Long Does it Take to Read The Impact of Uncertainty Shocks: Continental Europe Versus the Anglo-Saxon World Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 23 minutes to read The Impact of Uncertainty Shocks: Continental Europe Versus the Anglo-Saxon World aloud.

What Reading Level is The Impact of Uncertainty Shocks: Continental Europe Versus the Anglo-Saxon World?

The Impact of Uncertainty Shocks: Continental Europe Versus the Anglo-Saxon World 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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