How Long to Read The Effects of Capital Controls on Exchange Rate Volatility and Output

By Michael Frenkel

How Long Does it Take to Read The Effects of Capital Controls on Exchange Rate Volatility and Output?

It takes the average reader and 30 minutes to read The Effects of Capital Controls on Exchange Rate Volatility and Output by Michael Frenkel

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

Description

This paper extends the Dornbusch model of overshooting exchange rates to discuss both exchange rate and output effects of capital controls that involve additional costs for international asset transactions. We show that, on the one hand, such capital controls have the merit of reducing the volatility of exchange rates following a monetary shock. On the other hand, the implementation increases exchange rate volatility in the short run and induces costs for the real sector in the form of lower equilibrium output levels.

How long is The Effects of Capital Controls on Exchange Rate Volatility and Output?

The Effects of Capital Controls on Exchange Rate Volatility and Output by Michael Frenkel is 30 pages long, and a total of 7,500 words.

This makes it 10% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read The Effects of Capital Controls on Exchange Rate Volatility and Output Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 40 minutes to read The Effects of Capital Controls on Exchange Rate Volatility and Output aloud.

What Reading Level is The Effects of Capital Controls on Exchange Rate Volatility and Output?

The Effects of Capital Controls on Exchange Rate Volatility and Output 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 The Effects of Capital Controls on Exchange Rate Volatility and Output?

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