How Long to Read Expectations' Anchoring and Inflation Persistence

By Mr.Rudolfs Bems

How Long Does it Take to Read Expectations' Anchoring and Inflation Persistence?

It takes the average reader and 31 minutes to read Expectations' Anchoring and Inflation Persistence by Mr.Rudolfs Bems

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

Description

Understanding the sources of inflation persistence is crucial for monetary policy. This paper provides an empirical assessment of the influence of inflation expectations' anchoring on the persistence of inflation. We construct a novel index of inflation expectations' anchoring using survey-based inflation forecasts for 45 economies starting in 1989. We then study the response of consumer prices to terms-of-trade shocks for countries with flexible exchange rates. We find that these shocks have a significant and persistent effect on consumer price inflation when expectations are poorly...

How long is Expectations' Anchoring and Inflation Persistence?

Expectations' Anchoring and Inflation Persistence by Mr.Rudolfs Bems is 31 pages long, and a total of 7,781 words.

This makes it 10% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Expectations' Anchoring and Inflation Persistence Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read Expectations' Anchoring and Inflation Persistence aloud.

What Reading Level is Expectations' Anchoring and Inflation Persistence?

Expectations' Anchoring and Inflation Persistence 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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