How Long to Read Credibility of Policies Versus Credibility of Policymakers

How Long Does it Take to Read Credibility of Policies Versus Credibility of Policymakers?

It takes the average reader and 28 minutes to read Credibility of Policies Versus Credibility of Policymakers by Mr.Paul R. Masson

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

Description

Standard models of policy credibility, defined as the expectation that an announced policy will be carried out, emphasize the preferences of the policymaker, and the role of tough policies in signalling toughness and raising credibility. Whether a policy is carried out, however, will also reflect the state of the economy. We present a model in which a policymaker maintains a fixed parity in good times, but devalues if the unemployment rate gets too high. Our main conclusion is that if there is persistence in unemployment, observing a tough policy in a given period may lower rather than raise the credibility of a no-devaluation pledge in subsequent periods. We test this implication on data for the interest rate differential between France and Germany and find support for our hypothesis.

How long is Credibility of Policies Versus Credibility of Policymakers?

Credibility of Policies Versus Credibility of Policymakers by Mr.Paul R. Masson is 28 pages long, and a total of 7,224 words.

This makes it 9% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read Credibility of Policies Versus Credibility of Policymakers Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read Credibility of Policies Versus Credibility of Policymakers aloud.

What Reading Level is Credibility of Policies Versus Credibility of Policymakers?

Credibility of Policies Versus Credibility of Policymakers 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 Credibility of Policies Versus Credibility of Policymakers?

Credibility of Policies Versus Credibility of Policymakers by Mr.Paul R. Masson 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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