How Long to Read Government Finance in a Model of Currency Substitution

How Long Does it Take to Read Government Finance in a Model of Currency Substitution?

It takes the average reader and 36 minutes to read Government Finance in a Model of Currency Substitution by Ms.Anne C. Sibert

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

Description

Our model is a variant of the cash-in-advance model. Goods must be purchased in the seller’s currency, but currency may be traded before shopping at a cost. This cost is a measure of substitutability. The model is applied to seignorage taxation. We show that optimal money growth is positive and increasing in substitutability if and only if first- and second-period consumption are gross substitutes. If governments act independently, money growth is suboptimally low if currencies are sufficiently substitutable and too high otherwise.

How long is Government Finance in a Model of Currency Substitution?

Government Finance in a Model of Currency Substitution by Ms.Anne C. Sibert is 36 pages long, and a total of 9,216 words.

This makes it 12% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read Government Finance in a Model of Currency Substitution Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 50 minutes to read Government Finance in a Model of Currency Substitution aloud.

What Reading Level is Government Finance in a Model of Currency Substitution?

Government Finance in a Model of Currency Substitution 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 Government Finance in a Model of Currency Substitution?

Government Finance in a Model of Currency Substitution by Ms.Anne C. Sibert is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Government Finance in a Model of Currency Substitution by Ms.Anne C. Sibert on Amazon click the button below.