It takes the average reader and 47 minutes to read The Impact of Foreign Interest Rateson the Economy by Mr.Julian Di Giovanni
Assuming a reading speed of 250 words per minute. Learn more
This paper explores the connection between interest rates in major industrial countries and annual real output growth in other countries. The results show that high large-country interest rates have a contractionary effect on annual real GDP growth in the domestic economy, but that this effect is centered on countries with fixed exchange rates. The paper then examines the potential channels through which large-country interest rates affect small economies. The direct monetary policy channel is the most likely channel when compared with other possibilities, such as a general capital market effect or a trade effect.
The Impact of Foreign Interest Rateson the Economy by Mr.Julian Di Giovanni is 46 pages long, and a total of 11,776 words.
This makes it 16% the length of the average book. It also has 14% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 4 minutes to read The Impact of Foreign Interest Rateson the Economy aloud.
The Impact of Foreign Interest Rateson the Economy is suitable for students ages 8 and up.
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