How Long to Read Simple Monetary Policy Rules Under Model Uncertainty

How Long Does it Take to Read Simple Monetary Policy Rules Under Model Uncertainty?

It takes the average reader 1 hour and 1 minute to read Simple Monetary Policy Rules Under Model Uncertainty by Ann-Charlotte Eliasson

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

Description

Using stochastic simulations and stability analysis, the paper compares how different monetary rules perform in a moderately nonlinear model with a time-varying nonaccelerating-inflation-rate-of-unemployment (NAIRU). Rules that perform well in linear models but implicitly embody backward-looking measures of real interest rates (such as conventional Taylor rules) or substantial interest rate smoothing perform very poorly in models with moderate nonlinearities, particularly when policymakers tend to make serially correlated errors in estimating the NAIRU. This challenges the practice of evaluating rules within linear models, in which the consequences of responding myopically to significant overheating are extremely unrealistic.

How long is Simple Monetary Policy Rules Under Model Uncertainty?

Simple Monetary Policy Rules Under Model Uncertainty by Ann-Charlotte Eliasson is 61 pages long, and a total of 15,311 words.

This makes it 21% the length of the average book. It also has 19% more words than the average book.

How Long Does it Take to Read Simple Monetary Policy Rules Under Model Uncertainty Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 23 minutes to read Simple Monetary Policy Rules Under Model Uncertainty aloud.

What Reading Level is Simple Monetary Policy Rules Under Model Uncertainty?

Simple Monetary Policy Rules Under Model Uncertainty 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 Simple Monetary Policy Rules Under Model Uncertainty?

Simple Monetary Policy Rules Under Model Uncertainty by Ann-Charlotte Eliasson 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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