It takes the average reader and 33 minutes to read Time-Varying Thresholds by Serineh Najarian
Assuming a reading speed of 250 words per minute. Learn more
This paper introduces a time-varying threshold autoregressive model (TVTAR), which is used to examine the persistence of deviations from PPP. We find support for the stationary TVTAR against the unit root hypothesis; however, for some developing countries, we do not reject the TVTAR with a unit root in the corridor regime. We calculate magnitudes, frequencies, and durations of the deviations of exchange rates from forecasted changes in exchange rates. A key result is asymmetric adjustment. In developing countries, the average cumulative deviation from forecasts during periods when exchange rates are below forecasts is twice the corresponding measure during periods when exchange rates are above forecasts.
Time-Varying Thresholds by Serineh Najarian is 33 pages long, and a total of 8,349 words.
This makes it 11% the length of the average book. It also has 10% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 45 minutes to read Time-Varying Thresholds aloud.
Time-Varying Thresholds is suitable for students ages 8 and up.
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