How Long to Read Digital Money and Central Bank Operations

How Long Does it Take to Read Digital Money and Central Bank Operations?

It takes the average reader and 23 minutes to read Digital Money and Central Bank Operations by Mr. Charles M. Kahn

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

Description

The rise of new and proposed monetary vehicles, including CBDC, stablecoins, payment service providers etc., are unprecedented. An important question for central banks is the extent to which these innovations upend the role of and implementation of monetary policy. The paper focuses on the interest rate channel and if digital money (especially CBDC) will change monetary policy and central bank operations. We argue that new policy instruments make sense only to the extent that there is limited substitutability between the various payment sectors. We analyze trends in currency-in-circulation, and how it may impact central bank’s seigniorage, monetary base, and transactional velocity of digital money if money demand declines. Liquidity outside the monetary base will also be important to understand.

How long is Digital Money and Central Bank Operations?

Digital Money and Central Bank Operations by Mr. Charles M. Kahn is 23 pages long, and a total of 5,819 words.

This makes it 8% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read Digital Money and Central Bank Operations Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read Digital Money and Central Bank Operations aloud.

What Reading Level is Digital Money and Central Bank Operations?

Digital Money and Central Bank Operations 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 Digital Money and Central Bank Operations?

Digital Money and Central Bank Operations by Mr. Charles M. Kahn 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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