How Long to Read Wealth Effects in Europe

By Ms.Sònia Muñoz

How Long Does it Take to Read Wealth Effects in Europe?

It takes the average reader and 53 minutes to read Wealth Effects in Europe by Ms.Sònia Muñoz

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

Description

This paper investigates the increasing exposure of European households to risky financial assets and the consequent impact on the economy. I analyze household data for Italy and the United Kingdom, countries that differ dramatically in their financial structure and capital markets. I estimate an endogenous switching model with bivariate switching to overcome two important obstacles in this line of research, namely, the consumption Capital Asset Pricing Model Puzzle and the excess sensitivity puzzle. The results show that there are wealth effects in both countries. I find some evidence of liquidity constraints only in Italy and habit formation exclusively in the United Kingdom.

How long is Wealth Effects in Europe?

Wealth Effects in Europe by Ms.Sònia Muñoz is 53 pages long, and a total of 13,409 words.

This makes it 18% the length of the average book. It also has 16% more words than the average book.

How Long Does it Take to Read Wealth Effects in Europe Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 13 minutes to read Wealth Effects in Europe aloud.

What Reading Level is Wealth Effects in Europe?

Wealth Effects in Europe 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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