How Long to Read Policy Conflicts and Inflation Targeting: The Role of Credit Markets

By Woon Gyu Choi

How Long Does it Take to Read Policy Conflicts and Inflation Targeting: The Role of Credit Markets?

It takes the average reader and 36 minutes to read Policy Conflicts and Inflation Targeting: The Role of Credit Markets by Woon Gyu Choi

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

Description

This paper shows that stabilizing volatility in credit growth often conflicts with price stability: unusual credit expansions often occur when inflation is low relative to goals, and credit slumps often appear when inflation is overshooting. We find that central banks with inflation targeting (IT) are responsive to credit conditions in both advanced economies and emerging-market economies (EMEs). However, EMEs are more sensitive to inflation conditions, responding to credit growth only when consistent with IT. Macroprudential measures are also deployed to address credit growth volatility when orthodox policy moves would be inconsistent with IT, complementing monetary policy.

How long is Policy Conflicts and Inflation Targeting: The Role of Credit Markets?

Policy Conflicts and Inflation Targeting: The Role of Credit Markets by Woon Gyu Choi is 36 pages long, and a total of 9,216 words.

This makes it 12% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read Policy Conflicts and Inflation Targeting: The Role of Credit Markets Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 50 minutes to read Policy Conflicts and Inflation Targeting: The Role of Credit Markets aloud.

What Reading Level is Policy Conflicts and Inflation Targeting: The Role of Credit Markets?

Policy Conflicts and Inflation Targeting: The Role of Credit Markets 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.

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