How Long to Read Monetary Transmission and Financial Indexation

By International Monetary Fund

How Long Does it Take to Read Monetary Transmission and Financial Indexation?

It takes the average reader and 40 minutes to read Monetary Transmission and Financial Indexation by International Monetary Fund

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

Description

This paper reviews empirical evidence on the operation of the monetary transmission mechanism based on targeting of interest rates on indexed assets in the Chilean economy. The empirical evidence has two policy implications. First, interest rates on indexed assets do not fully reflect real interest rates because of imperfections of backward indexation magnified by the variability of monthly inflation. Second, while substantial adjustments to interest rates on indexed assets affect the cyclical position of output and inflation, there is no evidence of a stable, systematic relationship between these three variables. In contrast, money growth and unexpected inflation play a significant role in the transmission mechanism. This evidence calls for an eclectic approach to monetary policy. This is a Paper on Policy Analysis and Assessment and the author(s) would welcome any comments on the present text. Citations should refer to a Paper on Policy Analysis and Assessment of the International Monetary Fund, mentioning the author(s) and the date of issuance. The views expressed are those of the author(s) and do not necessarily represent those of the Fund.

How long is Monetary Transmission and Financial Indexation?

Monetary Transmission and Financial Indexation by International Monetary Fund is 39 pages long, and a total of 10,101 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Monetary Transmission and Financial Indexation Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 55 minutes to read Monetary Transmission and Financial Indexation aloud.

What Reading Level is Monetary Transmission and Financial Indexation?

Monetary Transmission and Financial Indexation 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 Transmission and Financial Indexation?

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