How Long to Read The Sources of Macroeconomic Fluctuations in Developing Countries
By Mr.Alexander W. Hoffmaister
How Long Does it Take to Read The Sources of Macroeconomic Fluctuations in Developing Countries?
It takes the average reader and 42 minutes to read The Sources of Macroeconomic Fluctuations in Developing Countries by Mr.Alexander W. Hoffmaister
Assuming a reading speed of 250 words per minute. Learn more
Description
This paper studies the sources of macroeconomic fluctuations in developing countries using a structural VAR approach. Identification of the sources is achieved using long-run restrictions derived from a theoretical model of a small open economy encompassing a large number of macroeconomic paradigms; the short-run dynamics are unrestricted. This framework is applied to Brazil and Korea. The results confirm that supply shocks are the main source of GDP fluctuations, even in the short run. Aggregate demand shocks are shown to be important in the short run in Brazil, but not in Korea. External shocks explain a small fraction of the variance of output, whereas the real exchange rate is driven mainly by fiscal shocks. Nominal shocks appear to have little impact on output and the real exchange rate.
How long is The Sources of Macroeconomic Fluctuations in Developing Countries?
The Sources of Macroeconomic Fluctuations in Developing Countries by Mr.Alexander W. Hoffmaister is 42 pages long, and a total of 10,584 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 Sources of Macroeconomic Fluctuations in Developing Countries Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 57 minutes to read The Sources of Macroeconomic Fluctuations in Developing Countries aloud.
What Reading Level is The Sources of Macroeconomic Fluctuations in Developing Countries?
The Sources of Macroeconomic Fluctuations in Developing Countries 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.
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