How Long to Read The Macroeconomic Relevance of Credit Flows

How Long Does it Take to Read The Macroeconomic Relevance of Credit Flows?

It takes the average reader and 41 minutes to read The Macroeconomic Relevance of Credit Flows by Alexander Herman

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

Description

This paper exploits the Financial Accounts of the United States to derive long time series of bank and nonbank credit to different sectors, and to examine the cyclical behavior of these series in relation to (i) the long-term business cycle, (ii) recessions and recoveries, and (iii) systemic financial crises. We find that bank and nonbank credit exhibit different dynamics throughout the business cycle. This diverging cyclical behavior of output and bank and nonbank credit argues for placing greater emphasis on sector-specific macroprudential measures to contain risks to the financial system, rather than using interest rates to address any vulnerabilities. Finally, we examine the role of bank and nonbank credit in the creation of financial interconnections and illustrate a method to conduct macro-financial stability assessments.

How long is The Macroeconomic Relevance of Credit Flows?

The Macroeconomic Relevance of Credit Flows by Alexander Herman is 41 pages long, and a total of 10,291 words.

This makes it 14% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read The Macroeconomic Relevance of Credit Flows Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 56 minutes to read The Macroeconomic Relevance of Credit Flows aloud.

What Reading Level is The Macroeconomic Relevance of Credit Flows?

The Macroeconomic Relevance of Credit Flows 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 Macroeconomic Relevance of Credit Flows?

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