How Long to Read The Real Effects of Financial Sector Interventions During Crises

How Long Does it Take to Read The Real Effects of Financial Sector Interventions During Crises?

It takes the average reader and 38 minutes to read The Real Effects of Financial Sector Interventions During Crises by Mr.Luc Laeven

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

Description

We collect new data to assess the importance of supply-side credit market frictions by studying the impact of financial sector recapitalization packages on the growth performance of firms in a large cross-section of 50 countries during the recent crisis. We develop an identification strategy that uses the financial crisis as a shock to credit supply and exploits exogenous variation in the degree to which firms depend on external financing for investment needs, and focus on policy interventions aimed at alleviating the bank capital crunch. We find that the growth of firms dependent on external financing is disproportionately positively affected by bank recapitalization policies, and that this effect is quantitatively important and robust to controlling for other financial sector support policies. We also find that fiscal policy disproportionately boosted growth of firms more dependent on external financing. These results provide new evidence of a quantitatively important role of credit market frictions in influencing real economic activity.

How long is The Real Effects of Financial Sector Interventions During Crises?

The Real Effects of Financial Sector Interventions During Crises by Mr.Luc Laeven is 37 pages long, and a total of 9,509 words.

This makes it 12% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read The Real Effects of Financial Sector Interventions During Crises Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read The Real Effects of Financial Sector Interventions During Crises aloud.

What Reading Level is The Real Effects of Financial Sector Interventions During Crises?

The Real Effects of Financial Sector Interventions During Crises 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 Real Effects of Financial Sector Interventions During Crises?

The Real Effects of Financial Sector Interventions During Crises by Mr.Luc Laeven is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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