How Long to Read More Gray, More Volatile? Aging and (Optimal) Monetary Policy

How Long Does it Take to Read More Gray, More Volatile? Aging and (Optimal) Monetary Policy?

It takes the average reader and 47 minutes to read More Gray, More Volatile? Aging and (Optimal) Monetary Policy by Daniel Baksa

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

Description

The evidence on the inflation impact of aging is mixed, and there is no evidence regarding the volatility of inflation. Based on advanced economies’ data and a DSGE-OLG model, we find that aging leads to downward pressure on inflation and higher inflation volatility. Our paper is also the first, using this framework, to discuss how aging affects the transmission channels of monetary policy. We are also the first to examine aging and optimal central bank policies. As aging redistributes wealth among generations and the labor force becomes more scarce, our model suggests that aging makes monetary policy less effective and in more gray societies central banks should react more strongly to nominal variables.

How long is More Gray, More Volatile? Aging and (Optimal) Monetary Policy?

More Gray, More Volatile? Aging and (Optimal) Monetary Policy by Daniel Baksa is 46 pages long, and a total of 11,776 words.

This makes it 16% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read More Gray, More Volatile? Aging and (Optimal) Monetary Policy Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 4 minutes to read More Gray, More Volatile? Aging and (Optimal) Monetary Policy aloud.

What Reading Level is More Gray, More Volatile? Aging and (Optimal) Monetary Policy?

More Gray, More Volatile? Aging and (Optimal) Monetary Policy 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 More Gray, More Volatile? Aging and (Optimal) Monetary Policy?

More Gray, More Volatile? Aging and (Optimal) Monetary Policy by Daniel Baksa 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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