It takes the average reader 3 hours and 40 minutes to read IMF Staff papers, Volume 39 No. 1 by International Monetary Fund. Research Dept.
Assuming a reading speed of 250 words per minute. Learn more
This paper focuses on exchange rate economics. Two main views of exchange rate determination have evolved since the early 1970s: the monetary approach to the exchange rate (in flexible-price, sticky-price, and real interest differential formulations); and the portfolio balance approach. In this paper, the literature on these views is surveyed, followed by a discussion of the empirical evidence and likely future developments in the area of exchange rate determination. The literature on foreign exchange market efficiency, exchange rates and “news,” and international parity conditions is also reviewed.
IMF Staff papers, Volume 39 No. 1 by International Monetary Fund. Research Dept. is 220 pages long, and a total of 55,000 words.
This makes it 74% the length of the average book. It also has 67% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 5 hours to read IMF Staff papers, Volume 39 No. 1 aloud.
IMF Staff papers, Volume 39 No. 1 is suitable for students ages 12 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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