How Long to Read The Monetary Policy Credibility Channel and the Amplification Effects in a Semi-Structural Model

How Long Does it Take to Read The Monetary Policy Credibility Channel and the Amplification Effects in a Semi-Structural Model?

It takes the average reader and 34 minutes to read The Monetary Policy Credibility Channel and the Amplification Effects in a Semi-Structural Model by Thitipat Chansriniyom

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

Description

The paper extends a standard semi-structural model to account for nonlinear and asymmetric effects of monetary policy credibility. In our setting, central bank credibility is proportional to the deviation of inflation expectations from the announced inflation target, with positive deviations being more costly compared to negative ones. A loss in policy credibility as a result of shocks leads to a more persistent, backward-looking inflation process, and is associated with lower output. We find that the extended model with credibility effects matches well the key macroeconomic data over specific past episodes for Indonesia and Philippines and consider its adaptation to integrated policy frameworks as an area for further exploration.

How long is The Monetary Policy Credibility Channel and the Amplification Effects in a Semi-Structural Model?

The Monetary Policy Credibility Channel and the Amplification Effects in a Semi-Structural Model by Thitipat Chansriniyom 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.

How Long Does it Take to Read The Monetary Policy Credibility Channel and the Amplification Effects in a Semi-Structural Model Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read The Monetary Policy Credibility Channel and the Amplification Effects in a Semi-Structural Model aloud.

What Reading Level is The Monetary Policy Credibility Channel and the Amplification Effects in a Semi-Structural Model?

The Monetary Policy Credibility Channel and the Amplification Effects in a Semi-Structural Model 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 Policy Credibility Channel and the Amplification Effects in a Semi-Structural Model?

The Monetary Policy Credibility Channel and the Amplification Effects in a Semi-Structural Model by Thitipat Chansriniyom 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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