How Long to Read Credible Commitment to Optimal Escape from a Liquidity Trap

How Long Does it Take to Read Credible Commitment to Optimal Escape from a Liquidity Trap?

It takes the average reader and 44 minutes to read Credible Commitment to Optimal Escape from a Liquidity Trap by Mr.Olivier Jeanne

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

Description

An independent central bank can manage its balance sheet and its capital so as to commit itself to a depreciation of its currency and an exchange rate peg. This way, the central bank can implement the optimal escape from a liquidity trap, which involves a commitment to higher future inflation. This commitment mechanism works even though, realistically, the central bank cannot commit itself to a particular future money supply. It supports the feasibility of Svensson's Foolproof Way to escape from a liquidity trap.

How long is Credible Commitment to Optimal Escape from a Liquidity Trap?

Credible Commitment to Optimal Escape from a Liquidity Trap by Mr.Olivier Jeanne is 44 pages long, and a total of 11,176 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read Credible Commitment to Optimal Escape from a Liquidity Trap Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Credible Commitment to Optimal Escape from a Liquidity Trap aloud.

What Reading Level is Credible Commitment to Optimal Escape from a Liquidity Trap?

Credible Commitment to Optimal Escape from a Liquidity Trap 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 Credible Commitment to Optimal Escape from a Liquidity Trap?

Credible Commitment to Optimal Escape from a Liquidity Trap by Mr.Olivier Jeanne 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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