How Long to Read Contagion and Volatility with Imperfect Credit Markets

How Long Does it Take to Read Contagion and Volatility with Imperfect Credit Markets?

It takes the average reader and 34 minutes to read Contagion and Volatility with Imperfect Credit Markets by Mr.Joshua Aizenman

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

Description

This paper interprets contagion effects as an increase in the volatility of aggregate shocks impinging on the domestic economy. The implications of this approach are analyzed in a model with two types of credit market imperfections: domestic banks borrow at a premium on world capital markets, and domestic producers (whose demand for credit results from working capital needs) borrow at a premium from domestic banks. Higher volatility of producers’ productivity shocks increases both domestic and foreign financial spreads and the producers’ cost of capital, resulting in lower employment and...

How long is Contagion and Volatility with Imperfect Credit Markets?

Contagion and Volatility with Imperfect Credit Markets by Mr.Joshua Aizenman is 34 pages long, and a total of 8,636 words.

This makes it 11% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read Contagion and Volatility with Imperfect Credit Markets Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read Contagion and Volatility with Imperfect Credit Markets aloud.

What Reading Level is Contagion and Volatility with Imperfect Credit Markets?

Contagion and Volatility with Imperfect Credit Markets 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 Contagion and Volatility with Imperfect Credit Markets?

Contagion and Volatility with Imperfect Credit Markets by Mr.Joshua Aizenman 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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