How Long to Read Post-crisis Excess Liquidity and Bank Lending
By Corrado Macchiarelli
How Long Does it Take to Read Post-crisis Excess Liquidity and Bank Lending?
It takes the average reader and 27 minutes to read Post-crisis Excess Liquidity and Bank Lending by Corrado Macchiarelli
Assuming a reading speed of 250 words per minute. Learn more
Description
With the Asset Purchase Program, the European Central Bank has supplied significant amounts of liquidity into the financial system starting from 2015, resulting yet into a new upswing in excess liquidity. The expanded asset purchase programme (APP) program broadly coincided with further cuts in the ECB’s deposit facility rate, which currently stands at -0.4%. Against this background, this note assesses the ECB policy of negative rate on the deposit facility and discusses the associated risks in the context of an excess liquidity overhang for the euro area, including risk-appetite for banks. This document was requested by the European Parliament's Committee on Economic and Monetary Affairs.
How long is Post-crisis Excess Liquidity and Bank Lending?
Post-crisis Excess Liquidity and Bank Lending by Corrado Macchiarelli is 27 pages long, and a total of 6,939 words.
This makes it 9% the length of the average book. It also has 8% more words than the average book.
How Long Does it Take to Read Post-crisis Excess Liquidity and Bank Lending Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read Post-crisis Excess Liquidity and Bank Lending aloud.
What Reading Level is Post-crisis Excess Liquidity and Bank Lending?
Post-crisis Excess Liquidity and Bank Lending 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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