It takes the average reader and 30 minutes to read Money Demand and Inflation in Dollarized Economies: The Case of Russia by Nienke Oomes
Assuming a reading speed of 250 words per minute. Learn more
Money demand in dollarized economies often appears to be highly unstable, making it difficult to forecast and control inflation. In this paper, we show that a stable money demand function for Russia can be found for "effective broad money," which includes an estimate of foreign cash holdings. Moreover, we find that an excess supply of effective broad money is inflationary, while other excess money measures are not, and that effective broad money growth has the strongest and most persistent effect on short-run inflation.
Money Demand and Inflation in Dollarized Economies: The Case of Russia by Nienke Oomes is 30 pages long, and a total of 7,500 words.
This makes it 10% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 40 minutes to read Money Demand and Inflation in Dollarized Economies: The Case of Russia aloud.
Money Demand and Inflation in Dollarized Economies: The Case of Russia is suitable for students ages 8 and up.
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