It takes the average reader and 25 minutes to read The Systemic Impact of Debt Default in a Multilayered Global Network Model by Mr. Nathan Porter
Assuming a reading speed of 250 words per minute. Learn more
The world has become more interconnected over the past few decades. Against this backdrop, economic and financial contagion following adverse shocks can have a severe impact on the global economy. How systemic can the effects of contagion be? What specific transmission channels are involved? What is their relative importance? We address these questions using a multilayered global network model of contagion that simulates the impact of sovereign debt default on the global economy. We also develop a measure of global systemic risk and use bank stress testing techniques to quantify the systemic impact of the shock and the extent of contagion on the global economy. Our model shows that economic and financial contagion are highly non-linear, and many bystander economies can experience significant negative effects as the initial default is spread through the network. This suggests that many economies might be systemically more important than what conventional measures of size or openness might suggest.
The Systemic Impact of Debt Default in a Multilayered Global Network Model by Mr. Nathan Porter is 25 pages long, and a total of 6,375 words.
This makes it 8% the length of the average book. It also has 8% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 34 minutes to read The Systemic Impact of Debt Default in a Multilayered Global Network Model aloud.
The Systemic Impact of Debt Default in a Multilayered Global Network Model 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.
The Systemic Impact of Debt Default in a Multilayered Global Network Model by Mr. Nathan Porter is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy The Systemic Impact of Debt Default in a Multilayered Global Network Model by Mr. Nathan Porter on Amazon click the button below.
Buy The Systemic Impact of Debt Default in a Multilayered Global Network Model on Amazon