How Long to Read Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through
By Mr. Ben Hunt
How Long Does it Take to Read Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through?
It takes the average reader and 40 minutes to read Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through by Mr. Ben Hunt
Assuming a reading speed of 250 words per minute. Learn more
Description
The paper uses MULTIMOD to examine the implications of uncertain exchange rate pass-through for the conduct of monetary policy. From the policymaker''s perspective, uncertainty about exchange rate pass-through implies uncertainty about policy multipliers and the impact of state variables on stabilization objectives. When faced with uncertainty about the strength of exchange rate pass-through, policymakers will make less costly errors by overestimating the strength of pass-through rather than underestimating it. The analysis suggests that pass-through uncertainty of the magnitude considered does not result in efficient policy response coefficients that are smaller than those under certainty.
How long is Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through?
Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through by Mr. Ben Hunt is 39 pages long, and a total of 10,101 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
How Long Does it Take to Read Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 55 minutes to read Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through aloud.
What Reading Level is Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through?
Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through 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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