It takes the average reader and 49 minutes to read The Response of the Current Account to Terms of Trade Shocks by Mr. Paul Cashin
Assuming a reading speed of 250 words per minute. Learn more
Is the relationship between the current account balance and the terms of trade affected by the persistence of terms of trade shocks? In intertemporal models of the current account that incorporate a consumption-smoothing and an investment response to shocks, the effect of the terms of trade on external balances is predicted to be dependent on the duration of terms of trade shocks. Using a median-unbiased estimator, an unbiased model-selection rule, and terms of trade data for 128 countries over the period 1960-99 we identify two groups of countries-those that typically experience temporary...
The Response of the Current Account to Terms of Trade Shocks by Mr. Paul Cashin is 48 pages long, and a total of 12,384 words.
This makes it 16% the length of the average book. It also has 15% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 7 minutes to read The Response of the Current Account to Terms of Trade Shocks aloud.
The Response of the Current Account to Terms of Trade Shocks is suitable for students ages 8 and up.
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