How Long to Read Optimal Liquidity and Economic Stability

How Long Does it Take to Read Optimal Liquidity and Economic Stability?

It takes the average reader and 23 minutes to read Optimal Liquidity and Economic Stability by Mr. Linghui Han

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

Description

Monetary aggregates are now much less used as policy instruments as identifying the right measure has become difficult and interest rate transmission has worked well in an increasingly complex financial system. In this process, little attention was paid to the potential spillover of excess liquidity. This paper suggests a notional level of "optimal" liquidity beyond which asset prices will start to rise faster than the GDP deflator, thereby creating a gap between the face value and the real purchasing value of financial assets and widen the wedge in income between those with capital stock and those living on salaries. Such divergence will eventually lead to an abrupt and disorderly adjustment of the asset value, with repercussions on the real sector.

How long is Optimal Liquidity and Economic Stability?

Optimal Liquidity and Economic Stability by Mr. Linghui Han is 23 pages long, and a total of 5,819 words.

This makes it 8% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read Optimal Liquidity and Economic Stability Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read Optimal Liquidity and Economic Stability aloud.

What Reading Level is Optimal Liquidity and Economic Stability?

Optimal Liquidity and Economic Stability 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 Optimal Liquidity and Economic Stability?

Optimal Liquidity and Economic Stability by Mr. Linghui Han 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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