It takes the average reader 1 hour and 21 minutes to read Monetary Policy and the Relative Price of Durable Goods by Alessandro Cantelmo
Assuming a reading speed of 250 words per minute. Learn more
In a SVAR model of the US, the response of the relative price of durables to a monetary contraction is either flat or mildly positive. It significantly falls only if narrowly defined as the ratio between new-house and nondurables prices. These findings are rationalized via the estimation of a two-sector New-Keynesian (NK) models. Durables prices are estimated to be as sticky as nondurables, leading to a flat relative price response to a monetary shock. Conversely, house prices are estimated to be almost flexible. Such results survive several robustness checks and a three-sector extension of...
Monetary Policy and the Relative Price of Durable Goods by Alessandro Cantelmo is 81 pages long, and a total of 20,331 words.
This makes it 27% the length of the average book. It also has 25% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 51 minutes to read Monetary Policy and the Relative Price of Durable Goods aloud.
Monetary Policy and the Relative Price of Durable Goods is suitable for students ages 10 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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