It takes the average reader and 47 minutes to read Inflation Uncertainty and Relative Price Variability in WAEMU Countries by Carlos Fernandez Valdovinos
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Using a consistent dataset and methodology for all eight member countries of the West African Economic and Monetary Union (WAEMU) from 1994 to 2009, this paper provides evidence of the two major channels for real effects of inflation: inflation uncertainty and relative price variability. In line with theory and most evidence for advanced and emerging market economies, higher inflation increases inflation uncertainty and relative price variability in all WAEMU countries. However, the pattern, magnitude and timing of these two channels vary considerably by country. The findings raise several policy issues for future research.
Inflation Uncertainty and Relative Price Variability in WAEMU Countries by Carlos Fernandez Valdovinos is 46 pages long, and a total of 11,776 words.
This makes it 16% the length of the average book. It also has 14% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 4 minutes to read Inflation Uncertainty and Relative Price Variability in WAEMU Countries aloud.
Inflation Uncertainty and Relative Price Variability in WAEMU Countries is suitable for students ages 8 and up.
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