How Long to Read The Monetary Approach to the Exchange Rate

How Long Does it Take to Read The Monetary Approach to the Exchange Rate?

It takes the average reader and 28 minutes to read The Monetary Approach to the Exchange Rate by Mr.Mark P. Taylor

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

Description

We re-examine the monetary approach to the exchange rate from a number of perspectives, using monthly data on the deutschemark-dollar exchange rate. Using the Campbell-Shiller technique for testing present value models, we reject the restrictions imposed upon the data by the forward-looking rational expectations monetary model. We demonstrate, however, that the monetary model is validated as a long-run equilibrium condition. Moreover, imposing the long-run monetary model restrictions in a dynamic error correction framework leads to exchange rate forecasts which are superior to those generated by a random walk forecasting model.

How long is The Monetary Approach to the Exchange Rate?

The Monetary Approach to the Exchange Rate by Mr.Mark P. Taylor is 28 pages long, and a total of 7,224 words.

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

How Long Does it Take to Read The Monetary Approach to the Exchange Rate Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read The Monetary Approach to the Exchange Rate aloud.

What Reading Level is The Monetary Approach to the Exchange Rate?

The Monetary Approach to the Exchange Rate 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 Monetary Approach to the Exchange Rate?

The Monetary Approach to the Exchange Rate by Mr.Mark P. Taylor 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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