It takes the average reader and 33 minutes to read Monetary Policy Credibility and Exchange Rate Pass-Through by Mr.Yan Carriere-Swallow
Assuming a reading speed of 250 words per minute. Learn more
A long-standing conjecture in macroeconomics is that recent declines in exchange rate pass-through are in part due to improved monetary policy performance. In a large sample of emerging and advanced economies, we find evidence of a strong link between exchange rate pass-through to consumer prices and the monetary policy regime’s performance in delivering price stability. Using input-output tables, we decompose exchange rate pass-through to consumer prices into a component that reflects the adjustment of imported goods at the border, and another that captures the response of all other prices. We find that price stability and central bank credibility have reduced the second component.
Monetary Policy Credibility and Exchange Rate Pass-Through by Mr.Yan Carriere-Swallow 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.
The average oral reading speed is 183 words per minute. This means it takes and 45 minutes to read Monetary Policy Credibility and Exchange Rate Pass-Through aloud.
Monetary Policy Credibility and Exchange Rate Pass-Through is suitable for students ages 8 and up.
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