How Long to Read Network Externalities and Dollarization Hysteresis

By Nienke Oomes

How Long Does it Take to Read Network Externalities and Dollarization Hysteresis?

It takes the average reader and 38 minutes to read Network Externalities and Dollarization Hysteresis by Nienke Oomes

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

Description

Dollarization in Russia increased rapidly during the early 1990s, but failed to come down in the second half of the 1990s in spite of exchange rate stabilization. To explain this "dollarization hysteresis," this paper develops a model in which network externalities in the demand for currency can generate multiple stable steady states for the dollarization ratio. The model is estimated using a new source of data on dollar currency holdings in Russia. On the basis of these estimates, which confirm the existence of network externalities, the paper discusses several policies that could result in a permanent decrease in dollarization.

How long is Network Externalities and Dollarization Hysteresis?

Network Externalities and Dollarization Hysteresis by Nienke Oomes is 37 pages long, and a total of 9,509 words.

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

How Long Does it Take to Read Network Externalities and Dollarization Hysteresis Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read Network Externalities and Dollarization Hysteresis aloud.

What Reading Level is Network Externalities and Dollarization Hysteresis?

Network Externalities and Dollarization Hysteresis 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 Network Externalities and Dollarization Hysteresis?

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