It takes the average reader 7 hours and 5 minutes to read Inflation Theory in Economics by Max Gillman
Assuming a reading speed of 250 words per minute. Learn more
These essays bring together a progression in monetary theory. The major theme that runs through all of the chapters is that in order to do monetary economics well in general equilibrium, it helps to have a good money demand underlying the theory. A proper underlying money demand sets up arguably the best foundation from which to make extensions of monetary economics from the basic model. At the same time that money demand is modelled, this also “endogenizes” the velocity of money. This has been a challenge in the literature that these essays solve and then use to extend basic neoclassical growth and business cycle theory. Solving this problem, in a way that is a natural, direct, and “micro-founded” extension of the standard monetary theory is the first major contribution of the collection. The second major contribution is the extension of the neoclassical monetary models, using this solution, to reinvigorate classic issues of monetary economics and take them to the frontier.
Inflation Theory in Economics by Max Gillman is 422 pages long, and a total of 106,344 words.
This makes it 142% the length of the average book. It also has 130% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 9 hours and 41 minutes to read Inflation Theory in Economics aloud.
Inflation Theory in Economics 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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