How Long to Read Uncertainty, Financial Frictions and Nominal Rigidities: A Quantitative Investigation

How Long Does it Take to Read Uncertainty, Financial Frictions and Nominal Rigidities: A Quantitative Investigation?

It takes the average reader and 45 minutes to read Uncertainty, Financial Frictions and Nominal Rigidities: A Quantitative Investigation by Ambrogio Cesa-Bianchi

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

Description

Are uncertainty shocks a major source of business cycle fluctuations? This paper studies the effect of a mean preserving shock to the variance of aggregate total factor productivity (macro uncertainty) and to the dispersion of entrepreneurs' idiosyncratic productivity (micro uncertainty) in a financial accelerator DSGE model with sticky prices. It explores the different mechanisms through which uncertainty shocks are propagated and amplified. The time series properties of macro and micro uncertainty are estimated using U.S. aggregate and firm-level data, respectively. While surprise increases in micro uncertainty have a larger impact on output than macro uncertainty, these account for a small (non-trivial) share of output volatility.

How long is Uncertainty, Financial Frictions and Nominal Rigidities: A Quantitative Investigation?

Uncertainty, Financial Frictions and Nominal Rigidities: A Quantitative Investigation by Ambrogio Cesa-Bianchi is 45 pages long, and a total of 11,475 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read Uncertainty, Financial Frictions and Nominal Rigidities: A Quantitative Investigation Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 2 minutes to read Uncertainty, Financial Frictions and Nominal Rigidities: A Quantitative Investigation aloud.

What Reading Level is Uncertainty, Financial Frictions and Nominal Rigidities: A Quantitative Investigation?

Uncertainty, Financial Frictions and Nominal Rigidities: A Quantitative Investigation 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 Uncertainty, Financial Frictions and Nominal Rigidities: A Quantitative Investigation?

Uncertainty, Financial Frictions and Nominal Rigidities: A Quantitative Investigation by Ambrogio Cesa-Bianchi is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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