How Long to Read The Integration of World Capital Markets

By Mr.Michael Mussa

How Long Does it Take to Read The Integration of World Capital Markets?

It takes the average reader 1 hour and 7 minutes to read The Integration of World Capital Markets by Mr.Michael Mussa

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

Description

This paper discusses the extent to which national capital markets have become linked, and identifies several of the more important consequences of that increased degree of integration. Alternative approaches to the measurement of capital market integration are reviewed, including deviations from the law of one price, differences between actual and optimally diversified portfolios, correlations between domestic investment and domestic saving, and cross-country links in consumption behavior. Two recent episodes of large-scale international capital flows—namely, the turmoil in the European Monetary System in the fall of 1992, and the surge of capital inflows into Latin America during the last three years—are examined for insights into the workings of today’s global capital market. Finally, the paper offers some concluding remarks on the future development of international capital markets, on exchange rate management, on alternative approaches to living with larger and more influential financial markets, and on the financing of investment in the formerly centrally planned economies.

How long is The Integration of World Capital Markets?

The Integration of World Capital Markets by Mr.Michael Mussa is 66 pages long, and a total of 16,896 words.

This makes it 22% the length of the average book. It also has 21% more words than the average book.

How Long Does it Take to Read The Integration of World Capital Markets Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 32 minutes to read The Integration of World Capital Markets aloud.

What Reading Level is The Integration of World Capital Markets?

The Integration of World Capital Markets 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 The Integration of World Capital Markets?

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