How Long to Read Heterogeneity in Macroeconomics and its Implications for Monetary Policy

How Long Does it Take to Read Heterogeneity in Macroeconomics and its Implications for Monetary Policy?

It takes the average reader 2 hours and 49 minutes to read Heterogeneity in Macroeconomics and its Implications for Monetary Policy by Fabian Schnell

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

Description

Fabian Schnell develops a model indicating that by keeping real interest rates too low, monetary policy can distort the allocation of resources across firms and potentially delay economic recovery after a recession. This is a new channel of monetary policy that is especially relevant in view of “Quantitative Easing” programs. A second model focuses on the short-term implications of heterogeneously productive firms, showing an acceleration effect of technology shocks. Finally, an empirical investigation of firms’ price-setting behaviors shows that time-dependent factors, relative to state-dependent ones, play a small role with respect to the probability and the size of a price change. All results provide new insights for monetary policy.

How long is Heterogeneity in Macroeconomics and its Implications for Monetary Policy?

Heterogeneity in Macroeconomics and its Implications for Monetary Policy by Fabian Schnell is 166 pages long, and a total of 42,496 words.

This makes it 56% the length of the average book. It also has 52% more words than the average book.

How Long Does it Take to Read Heterogeneity in Macroeconomics and its Implications for Monetary Policy Aloud?

The average oral reading speed is 183 words per minute. This means it takes 3 hours and 52 minutes to read Heterogeneity in Macroeconomics and its Implications for Monetary Policy aloud.

What Reading Level is Heterogeneity in Macroeconomics and its Implications for Monetary Policy?

Heterogeneity in Macroeconomics and its Implications for Monetary Policy is suitable for students ages 10 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 Heterogeneity in Macroeconomics and its Implications for Monetary Policy?

Heterogeneity in Macroeconomics and its Implications for Monetary Policy by Fabian Schnell 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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