How Long to Read Stock Prices and Monetary Policy

How Long Does it Take to Read Stock Prices and Monetary Policy?

It takes the average reader and 22 minutes to read Stock Prices and Monetary Policy by Paul De Grauwe

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

Description

The question of whether central banks should target stock prices so as to prevent bubbles and crashes from occurring has been hotly debated. This paper analyses this question using a behavioural macroeconomic model. This model generates bubbles and crashes. It analyses how 'leaning against the wind' strategies, which aim to reduce the volatility of stock prices, can help in reducing volatility of output and inflation. We find that such policies can be effective in reducing macroeconomic volatility, thereby improving the trade-off between output and inflation variability. The strength of this result, however, depends on the degree of credibility of the inflation-targeting regime. In the absence of such credibility, policies aiming at stabilising stock prices do not stabilise output and inflation.

How long is Stock Prices and Monetary Policy?

Stock Prices and Monetary Policy by Paul De Grauwe is 22 pages long, and a total of 5,544 words.

This makes it 7% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read Stock Prices and Monetary Policy Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 30 minutes to read Stock Prices and Monetary Policy aloud.

What Reading Level is Stock Prices and Monetary Policy?

Stock Prices and Monetary Policy 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 Stock Prices and Monetary Policy?

Stock Prices and Monetary Policy by Paul De Grauwe 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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