How Long to Read Monetary Policy in Disaster-Prone Developing Countries

By Mr. Alessandro Cantelmo

How Long Does it Take to Read Monetary Policy in Disaster-Prone Developing Countries?

It takes the average reader 1 hour and 6 minutes to read Monetary Policy in Disaster-Prone Developing Countries by Mr. Alessandro Cantelmo

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

Description

This paper analyzes monetary policy regimes in emerging and developing economies where climate-related natural disasters are major macroeconomic shocks. A narrative analysis of IMF reports published around the occurrence of natural disasters documents their impact on important macroeconomic variables and monetary policy responses. While countries with at least some degree of monetary policy independence typically react by tightening the monetary policy stance, in a sizable number of cases monetary policy was accommodated. Given the lack of consensus on best practices in these circumstances, a small open-economy New-Keynesian model with disaster shocks is leveraged to evaluate welfare under alternative monetary policy rules. Results suggest that responding to inflation to an extent sufficient to keep inflation expectations anchored, while allowing temporary deviations from its target is the welfare maximizing policy. Alternative regimes such as strict inflation targeting, exchange rate pegs, or Taylor rules explicitly responding to economic activity or the exchange rate would be welfare-detrimental.

How long is Monetary Policy in Disaster-Prone Developing Countries?

Monetary Policy in Disaster-Prone Developing Countries by Mr. Alessandro Cantelmo is 65 pages long, and a total of 16,575 words.

This makes it 22% the length of the average book. It also has 20% more words than the average book.

How Long Does it Take to Read Monetary Policy in Disaster-Prone Developing Countries Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 30 minutes to read Monetary Policy in Disaster-Prone Developing Countries aloud.

What Reading Level is Monetary Policy in Disaster-Prone Developing Countries?

Monetary Policy in Disaster-Prone Developing Countries 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 in Disaster-Prone Developing Countries?

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