It takes the average reader and 51 minutes to read Estimating a Small Open-Economy Model for Egypt by Arbatli, Elif C
Assuming a reading speed of 250 words per minute. Learn more
This paper estimates a small open economy model for Egypt to analyze inflation, output dynamics and monetary policy during 2005-2010. The interest rate channel is found to be relatively weak in Egypt, complicating the use of interest rates as the immediate target of monetary policy. However, the paper also finds a significant level of persistence in the policy rate, making monetary policy pro-cyclical. More active use of interest rate policy, measures to improve domestic debt markets and a gradual move towards inflation targeting can help support a successful disinflation strategy for Egypt.
Estimating a Small Open-Economy Model for Egypt by Arbatli, Elif C is 51 pages long, and a total of 12,801 words.
This makes it 17% the length of the average book. It also has 16% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 9 minutes to read Estimating a Small Open-Economy Model for Egypt aloud.
Estimating a Small Open-Economy Model for Egypt is suitable for students ages 8 and up.
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