It takes the average reader and 39 minutes to read Inflation Anchoring and Growth: Evidence from Sectoral Data by Sangyup Choi
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Central bankers often assert that low inflation and anchoring of inflation expectations are good for economic growth (Bernanke 2007, Plosser 2007). We test this claim using panel data on sectoral growth for 22 manufacturing industries for 36 advanced and emerging market economies over the period 1990-2014. Inflation anchoring in each country is measured as the response of inflation expectations to inflation surprises (Levin et al., 2004). We find that credit constrained industries—those characterized by high external financial dependence and R&D intensity and low asset tangibility—tend to...
Inflation Anchoring and Growth: Evidence from Sectoral Data by Sangyup Choi is 38 pages long, and a total of 9,804 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 53 minutes to read Inflation Anchoring and Growth: Evidence from Sectoral Data aloud.
Inflation Anchoring and Growth: Evidence from Sectoral Data is suitable for students ages 8 and up.
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