How Long to Read Shocks to Inflation Expectations

How Long Does it Take to Read Shocks to Inflation Expectations?

It takes the average reader and 52 minutes to read Shocks to Inflation Expectations by Mr. Philip Barrett

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

Description

The consensus among central bankers is that higher inflation expectations can drive up inflation today, requiring tighter policy. We assess this by devising a novel method for identifying shocks to inflation expectations, estimating a semi-structural VAR where an expectation shock is identified as that which causes measured expectations to diverge from rationality. Using data for the United States, we find that a positive inflation expectations shock is deflationary and contractionary: inflation, output, and interest rates all fall. These results are inconsistent with the standard New Keynesian model, which predicts inflation and interest rate hikes. We discuss possible resolutions to this new puzzle.

How long is Shocks to Inflation Expectations?

Shocks to Inflation Expectations by Mr. Philip Barrett is 52 pages long, and a total of 13,104 words.

This makes it 18% the length of the average book. It also has 16% more words than the average book.

How Long Does it Take to Read Shocks to Inflation Expectations Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 11 minutes to read Shocks to Inflation Expectations aloud.

What Reading Level is Shocks to Inflation Expectations?

Shocks to Inflation Expectations 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 Shocks to Inflation Expectations?

Shocks to Inflation Expectations by Mr. Philip Barrett 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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