It takes the average reader and 24 minutes to read Some Issues in the Design of Monetary Instruments for the Operation of European Economic and Monetary Union by Mr. Paul Louis Ceriel Hilbers
Assuming a reading speed of 250 words per minute. Learn more
The European Monetary Institute has been working with national central banks of the European Union (EU) to prepare instruments for the operation of monetary policy in Stage 3 of European Economic and Monetary Union. Several publications describing the proposed arrangements have been issued. This paper briefly summarizes the arrangements and identifies some areas in which important decisions still have to be made or refinements introduced—including the choice of counterparties in fine-tuning open market operations; the design of reserve requirements; the signaling function of monetary operations; and payment system relationships with non-EMU participants in the EU.
Some Issues in the Design of Monetary Instruments for the Operation of European Economic and Monetary Union by Mr. Paul Louis Ceriel Hilbers is 24 pages long, and a total of 6,096 words.
This makes it 8% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 33 minutes to read Some Issues in the Design of Monetary Instruments for the Operation of European Economic and Monetary Union aloud.
Some Issues in the Design of Monetary Instruments for the Operation of European Economic and Monetary Union 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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