It takes the average reader and 50 minutes to read Capital Inflows and the Real Exchange Rate by Mr.Alexander W. Hoffmaister
Assuming a reading speed of 250 words per minute. Learn more
This paper examines the links between capital inflows and the real exchange rate under pegged exchange rates. The analytical framework is described, and a near-VAR model linking capital inflows, interest rate differentials, government spending, money base velocity, and the temporary component of the real exchange rate (TCRER) is estimated for Korea, Mexico, the Philippines, and Thailand. TCRER movements are associated only weakly with shocks to capital flows. Negative shocks to U.S. interest rates lead to capital inflows in Asia and a TCRER appreciation in the Philippines and Thailand....
Capital Inflows and the Real Exchange Rate by Mr.Alexander W. Hoffmaister is 50 pages long, and a total of 12,500 words.
This makes it 17% the length of the average book. It also has 15% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 8 minutes to read Capital Inflows and the Real Exchange Rate aloud.
Capital Inflows and the Real Exchange Rate is suitable for students ages 8 and up.
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