How Long to Read Monetary Policy and Balance Sheets

How Long Does it Take to Read Monetary Policy and Balance Sheets?

It takes the average reader and 39 minutes to read Monetary Policy and Balance Sheets by Ms.Deniz Igan

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

Description

This paper evaluates the strength of the balance sheet channel in the U.S. monetary policy transmission mechanism over the past three decades. Using a Factor-Augmented Vector Autoregression model on an expanded data set, including sectoral balance sheet variables, we show that the balance sheets of various economic agents act as important links in the monetary policy transmission mechanism. Balance sheets of financial intermediaries, such as commercial banks, asset-backed-security issuers and, to a lesser extent, security brokers and dealers, shrink in response to monetary tightening, while money market fund assets grow. The balance sheet effects are comparable in magnitude to the traditional interest rate channel. However, their economic significance in the run-up to the recent financial crisis was small. Large increases in interest rates would have been needed to avert a rapid rise of house prices and an unsustainable expansion of mortgage credit, suggesting an important role for macroprudential policies.

How long is Monetary Policy and Balance Sheets?

Monetary Policy and Balance Sheets by Ms.Deniz Igan is 38 pages long, and a total of 9,804 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Monetary Policy and Balance Sheets Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 53 minutes to read Monetary Policy and Balance Sheets aloud.

What Reading Level is Monetary Policy and Balance Sheets?

Monetary Policy and Balance Sheets 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 Monetary Policy and Balance Sheets?

Monetary Policy and Balance Sheets by Ms.Deniz Igan 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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