It takes the average reader and 34 minutes to read Models of Inflation and the Costs of Disinflation by Mr.Bankim Chadha
Assuming a reading speed of 250 words per minute. Learn more
This paper focuses on the output costs of disinflation. A model of inflation with both forward and backward elements seems to characterize reality. Such an inflation model is estimated using data for industrial countries, and the output costs of a disinflation path are calculated, first analytically in a simple theoretical model, then by simulation of a global, multi-region empirical model. The credibility of a preannounced path for money consistent with the lowest output loss is considered. An alternative, more credible policy may be to announce an exchange rate peg to a low inflation currency.
Models of Inflation and the Costs of Disinflation by Mr.Bankim Chadha is 34 pages long, and a total of 8,636 words.
This makes it 11% the length of the average book. It also has 11% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read Models of Inflation and the Costs of Disinflation aloud.
Models of Inflation and the Costs of Disinflation is suitable for students ages 8 and up.
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