It takes the average reader and 34 minutes to read Sticky Inflation and the Real Effects of Exchange Rate Based Stabilization by Oya Celasun
Assuming a reading speed of 250 words per minute. Learn more
Exchange rate-based inflation stabilization (ERBS) policies are associated with a boom-recession cycle in economic activity and sustained real exchange rate appreciation. A class of models in the literature has explained these empirical regularities with the lack of credibility of the stabilization plans. The lack-of-credibility models typically assume perfectly forward-looking pricing behavior without inflation stickiness and attribute the slow decline in inflation to the consumption boom that occurs due to the perceived temporariness of the ERBS policy. This paper tests the empirical...
Sticky Inflation and the Real Effects of Exchange Rate Based Stabilization by Oya Celasun is 34 pages long, and a total of 8,636 words.
This makes it 11% the length of the average book. It also has 11% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read Sticky Inflation and the Real Effects of Exchange Rate Based Stabilization aloud.
Sticky Inflation and the Real Effects of Exchange Rate Based Stabilization 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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