It takes the average reader 1 hour and 55 minutes to read Nominal Income Targeting by Mr.Victor E. Argy
Assuming a reading speed of 250 words per minute. Learn more
This paper evaluates the proposal that government authorities ought to target nominal income. It begins by viewing the literature in some detail. It then undertakes a theoretical analysis of the proposal first for the small country and next for the large country. There is then a general discussion of various issues posed by nominal income targeting. Finally, the paper summarizes the empirical work to date. We show that traditional theoretical analysis tends to be too simple and overly biased in favor of nominal income targeting. When more realistic assumptions are made or econometric simulations are undertaken the case for nominal income targeting is substantially weakened but not, however, destroyed.
Nominal Income Targeting by Mr.Victor E. Argy is 114 pages long, and a total of 28,956 words.
This makes it 38% the length of the average book. It also has 35% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 2 hours and 38 minutes to read Nominal Income Targeting aloud.
Nominal Income Targeting is suitable for students ages 10 and up.
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