It takes the average reader and 27 minutes to read Measuring U.S. Core Inflation: The Stress Test of COVID-19 by Laurence M. Ball
Assuming a reading speed of 250 words per minute. Learn more
Large price changes in industries affected by the COVID-19 pandemic have caused erratic fluctuations in the U.S. headline inflation rate. This paper compares alternative approaches to filtering out the transitory effects of these industry price changes and measuring the underlying or core level of inflation over 2020-2021. The Federal Reserve’s preferred measure of core, the inflation rate excluding food and energy prices (XFE), has performed poorly: over most of 2020-21, it is almost as volatile as headline inflation. Measures of core that exclude a fixed set of additional industries, such...
Measuring U.S. Core Inflation: The Stress Test of COVID-19 by Laurence M. Ball is 27 pages long, and a total of 6,939 words.
This makes it 9% the length of the average book. It also has 8% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read Measuring U.S. Core Inflation: The Stress Test of COVID-19 aloud.
Measuring U.S. Core Inflation: The Stress Test of COVID-19 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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