How Long to Read Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean
By Mrs. Magda E. Kandil
How Long Does it Take to Read Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean?
It takes the average reader and 34 minutes to read Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean by Mrs. Magda E. Kandil
Assuming a reading speed of 250 words per minute. Learn more
Description
The paper investigates asymmetry in the allocation of aggregate demand shocks between real output growth and price inflation over the business cycle in a sample of fifteen Caribbean countries. In most countries, the evidence indicates the existence of structural constraints, implying that positive demand shocks feed predominantly into prices while negative demand shocks mainly affect output. The high variability of aggregate demand in Caribbean countries, frequently exposed to shocks that are exacerbated by pro-cyclical policy stance, tends to create an upward bias on inflation and a downward bias on real output growth, on average, over time. The analysis highlights the benefits of eliminating structural rigidities responsible for asymmetric real and inflationary effects and points to the dangers of procyclical macroeconomic policies that exacerbate the adverse effects of demand variability.
How long is Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean?
Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean by Mrs. Magda E. Kandil is 34 pages long, and a total of 8,636 words.
This makes it 11% the length of the average book. It also has 11% more words than the average book.
How Long Does it Take to Read Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean aloud.
What Reading Level is Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean?
Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean 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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