How Long to Read Interest Rate Targeting in a Small Open Economy

How Long Does it Take to Read Interest Rate Targeting in a Small Open Economy?

It takes the average reader and 32 minutes to read Interest Rate Targeting in a Small Open Economy by Mr.Guillermo Calvo

Assuming a reading speed of 250 words per minute. Learn more

Description

An important hurdle in analyzing interest rate targeting is that standard models usually lead to price level or inflation rate indeterminacy. This paper develops a simple framework in which such problems do not arise because the bonds whose interest rate is controlled provide liquidity services. This framework is used to examine interest rate targeting in a small open economy under predetermined exchange rates. A permanent increase in the interest rate has no real effects. In contrast, a temporary increase in the interest rate leads to higher consumption and to a current account deficit that worsens over time.

How long is Interest Rate Targeting in a Small Open Economy?

Interest Rate Targeting in a Small Open Economy by Mr.Guillermo Calvo is 32 pages long, and a total of 8,064 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Interest Rate Targeting in a Small Open Economy Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Interest Rate Targeting in a Small Open Economy aloud.

What Reading Level is Interest Rate Targeting in a Small Open Economy?

Interest Rate Targeting in a Small Open Economy 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.

Where Can I Buy Interest Rate Targeting in a Small Open Economy?

Interest Rate Targeting in a Small Open Economy by Mr.Guillermo Calvo is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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