How Long to Read The Term Structure of Growth-at-Risk

By Tobias Adrian

How Long Does it Take to Read The Term Structure of Growth-at-Risk?

It takes the average reader and 40 minutes to read The Term Structure of Growth-at-Risk by Tobias Adrian

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

Description

Using panel quantile regressions for 11 advanced and 10 emerging market economies, we show that the conditional distribution of GDP growth depends on financial conditions, with growth-at-risk (GaR)—defined as growth at the lower 5th percentile—more responsive than the median or upper percentiles. In addition, the term structure of GaR features an intertemporal tradeoff: GaR is higher in the short run; but lower in the medium run when initial financial conditions are loose relative to typical levels, and the tradeoff is amplified by a credit boom. This shift in the growth distribution generally is not incorporated when solving dynamic stochastic general equilibrium models with macrofinancial linkages, which suggests downside risks to GDP growth are systematically underestimated.

How long is The Term Structure of Growth-at-Risk?

The Term Structure of Growth-at-Risk by Tobias Adrian is 40 pages long, and a total of 10,000 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read The Term Structure of Growth-at-Risk Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 54 minutes to read The Term Structure of Growth-at-Risk aloud.

What Reading Level is The Term Structure of Growth-at-Risk?

The Term Structure of Growth-at-Risk 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 Term Structure of Growth-at-Risk?

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