It takes the average reader and 40 minutes to read Inflated Concerns: Exposure to Past Inflationary Episodes and Preferences for Price Stability by Mr. Nicolas E Magud
Assuming a reading speed of 250 words per minute. Learn more
Using individual-level survey data for both advanced economies and emerging markets spanning over 45 years for 42 countries, we show that cohorts who have had higher exposure to past inflationary episodes (levels, as well as to more persistent or to more volatile inflation), systematically express higher concerns over rising prices. The link between past high inflation exposure and expressed concerns over price stability is particularly strong when an individual’s exposure occurs in the latter part of her working-age (as in lifecycle theory). The impact of past exposure to high inflation on contemporaneous preferences over price stability increases when surveyed in the midst of high ongoing inflation and with macroeconomic instability (as measured by GDP growth volatility), but diminishes with the quality of institutions.
Inflated Concerns: Exposure to Past Inflationary Episodes and Preferences for Price Stability by Mr. Nicolas E Magud is 40 pages long, and a total of 10,000 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 54 minutes to read Inflated Concerns: Exposure to Past Inflationary Episodes and Preferences for Price Stability aloud.
Inflated Concerns: Exposure to Past Inflationary Episodes and Preferences for Price Stability 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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