How Long to Read Dissecting Taylor Rules in a Structural VAR

How Long Does it Take to Read Dissecting Taylor Rules in a Structural VAR?

It takes the average reader and 28 minutes to read Dissecting Taylor Rules in a Structural VAR by Woon Gyu Choi

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

Description

This paper uncovers Taylor rules from estimated monetary policy reactions using a structural VAR on U.S. data from 1959 to 2009. These Taylor rules reveal the dynamic nature of policy responses to different structural shocks. We find that U.S. monetary policy has been far more responsive over time to demand shocks than to supply shocks, and more aggressive toward inflation than output growth. Our estimated dynamic policy coefficients characterize the style of policy as a "bang-bang" control for the pre-1979 period and as a gradual control for the post-1979 period.

How long is Dissecting Taylor Rules in a Structural VAR?

Dissecting Taylor Rules in a Structural VAR by Woon Gyu Choi 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 Dissecting Taylor Rules in a Structural VAR Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read Dissecting Taylor Rules in a Structural VAR aloud.

What Reading Level is Dissecting Taylor Rules in a Structural VAR?

Dissecting Taylor Rules in a Structural VAR 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.

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