How Long to Read Has Higher Household Indebtedness Weakened Monetary Policy Transmission?

How Long Does it Take to Read Has Higher Household Indebtedness Weakened Monetary Policy Transmission??

It takes the average reader and 33 minutes to read Has Higher Household Indebtedness Weakened Monetary Policy Transmission? by Mr.R. G Gelos

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

Description

Has monetary policy in advanced economies been less effective since the global financial crisis because of deteriorating household balance sheets? This paper examines the question using household data from the United States. It compares the responsiveness of household consumption to monetary policy shocks in the pre- and post-crisis periods, relating changes in monetary transmission to changes in household indebtedness and liquidity. The results show that the responsiveness of household consumption has diminished since the crisis. However, household balance sheets are not the culprit. Households with higher debt levels and lower shares of liquid assets are the most responsive to monetary policy, and the share of these households in the population grew. Other factors, such as economic uncertainty, appear to have played a bigger role in the decline of households’ responsiveness to monetary policy.

How long is Has Higher Household Indebtedness Weakened Monetary Policy Transmission??

Has Higher Household Indebtedness Weakened Monetary Policy Transmission? by Mr.R. G Gelos is 33 pages long, and a total of 8,349 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Has Higher Household Indebtedness Weakened Monetary Policy Transmission? Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 45 minutes to read Has Higher Household Indebtedness Weakened Monetary Policy Transmission? aloud.

What Reading Level is Has Higher Household Indebtedness Weakened Monetary Policy Transmission??

Has Higher Household Indebtedness Weakened Monetary Policy Transmission? 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 Has Higher Household Indebtedness Weakened Monetary Policy Transmission??

Has Higher Household Indebtedness Weakened Monetary Policy Transmission? by Mr.R. G Gelos is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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