It takes the average reader 1 hour and 15 minutes to read Sticky Exchange Rates and Flexible Prices by Ms.Anne Marie Gulde
Assuming a reading speed of 250 words per minute. Learn more
Real exchange rate variability tends to be higher under flexible than under fixed exchange rates. The neokeynesian view attributes the higher variability to the combination of volatile nominal exchange rates with sticky prices. The neoclassical approach regards an increased incidence of real shocks as the culprit. We test the crucial assumptions underlying the two models for the interwar period. Prices and exchange rates are found to be equally flexible. We hence reject the neokeynesian sticky price view for our sample period. In contrast, our results are consistent with, while not...
Sticky Exchange Rates and Flexible Prices by Ms.Anne Marie Gulde is 74 pages long, and a total of 18,796 words.
This makes it 25% the length of the average book. It also has 23% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 42 minutes to read Sticky Exchange Rates and Flexible Prices aloud.
Sticky Exchange Rates and Flexible Prices 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.
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