It takes the average reader 1 hour to read A Quantitative Microfounded Model for the Integrated Policy Framework by Mr. Tobias Adrian
Assuming a reading speed of 250 words per minute. Learn more
We develop a microfounded New Keynesian model to analyze monetary policy and financial stability issues in open economies with financial fragilities and weakly anchored inflation expectations. We show that foreign exchange intervention (FXI) and capital flow management tools (CFMs) can improve monetary policy tradeoffs under some conditions, including by reducing the need for procyclical tightening in response to capital outflow pressures. Moreover, they can be used in a preemptive way to reduce the risk of a “sudden stop” through curbing a buildup in leverage. While these tools can...
A Quantitative Microfounded Model for the Integrated Policy Framework by Mr. Tobias Adrian is 60 pages long, and a total of 15,000 words.
This makes it 20% the length of the average book. It also has 18% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 21 minutes to read A Quantitative Microfounded Model for the Integrated Policy Framework aloud.
A Quantitative Microfounded Model for the Integrated Policy Framework 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.
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