How Long to Read Monetary Policy, Inflation, and Distributional Impact: South Africa’s Case

How Long Does it Take to Read Monetary Policy, Inflation, and Distributional Impact: South Africa’s Case?

It takes the average reader and 24 minutes to read Monetary Policy, Inflation, and Distributional Impact: South Africa’s Case by Mr. Ken Miyajima

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

Description

The South African Reserve Bank has continued to fulfill its constitutional mandate to protect the value of the local currency by keeping inflation low and steady. This paper provides evidence that monetary policy tightening aimed at maintaining low and stable inflation could at the same time reduce consumption inequality over a 12–18 month horizon, commonly understood as the transmission lag of monetary policy action to the real economy, and similar to the distance between survey waves used in the analysis. In response to “exogenous” monetary policy tightening, the real consumption of individuals at lower ends of the consumption distribution declines relatively modestly, or even increases. With greater reliance on government transfers, thus smaller reliance on labor income, and relatively larger food consumption, these individuals appear to benefit mainly from lower inflation. By contrast, the real consumption of individuals at higher ends of the consumption distribution is more likely to decline due to lower labor income, weaker asset price performance, and higher debt service cost.

How long is Monetary Policy, Inflation, and Distributional Impact: South Africa’s Case?

Monetary Policy, Inflation, and Distributional Impact: South Africa’s Case by Mr. Ken Miyajima is 24 pages long, and a total of 6,096 words.

This makes it 8% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read Monetary Policy, Inflation, and Distributional Impact: South Africa’s Case Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 33 minutes to read Monetary Policy, Inflation, and Distributional Impact: South Africa’s Case aloud.

What Reading Level is Monetary Policy, Inflation, and Distributional Impact: South Africa’s Case?

Monetary Policy, Inflation, and Distributional Impact: South Africa’s Case 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, Inflation, and Distributional Impact: South Africa’s Case?

Monetary Policy, Inflation, and Distributional Impact: South Africa’s Case by Mr. Ken Miyajima 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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