How Long to Read Monetary Policy and Credit Card Spending

How Long Does it Take to Read Monetary Policy and Credit Card Spending?

It takes the average reader and 33 minutes to read Monetary Policy and Credit Card Spending by Mr. Francesco Grigoli

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

Description

We analyze the impact of monetary policy on consumer spending using credit card data. Because of their high frequency, these data improve identification and allow for a precise characterization of the transmission lags. We find that shocks to short-term interest rates affect spending much more rapidly than shocks to longer-term interest rates. We also detect significant asymmetries. While interest rate rises are contractionary, interest rate cuts are unable to lift spending. Finally, by exploiting the disaggregation of credit card data, we uncover considerable heterogeneity in the effects of monetary policy across spending categories and a stronger impact on higher-income users.

How long is Monetary Policy and Credit Card Spending?

Monetary Policy and Credit Card Spending by Mr. Francesco Grigoli is 33 pages long, and a total of 8,349 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 Monetary Policy and Credit Card Spending Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 45 minutes to read Monetary Policy and Credit Card Spending aloud.

What Reading Level is Monetary Policy and Credit Card Spending?

Monetary Policy and Credit Card Spending 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 Credit Card Spending?

Monetary Policy and Credit Card Spending by Mr. Francesco Grigoli 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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