How Long to Read The Monetary Transmission in Dollarized and Non-Dollarized Economies
By Mr.Santiago Acosta Ormaechea
How Long Does it Take to Read The Monetary Transmission in Dollarized and Non-Dollarized Economies?
It takes the average reader and 23 minutes to read The Monetary Transmission in Dollarized and Non-Dollarized Economies by Mr.Santiago Acosta Ormaechea
Assuming a reading speed of 250 words per minute. Learn more
Description
The paper conducts a comparative study of the monetary policy transmission in two economies that run a well-established IT regime, Chile and New Zealand, vis-à-vis two economies operating under relatively newer IT regimes, and which are exposed to a significant degree of dollarization, Peru and Uruguay. It is shown that the traditional interest rate channel is effective in Chile and New Zealand. For Peru and Uruguay, the exchange rate channel is instead more relevant in the transmission of monetary policy. This latter result follows from the limited impact of the policy rate in curbing inflationary pressures in these two countries, in combination with the fact that they have a relatively large and persistent exchange rate pass through. Finally, it is shown that the on-going de-dollarization process of Peru and Uruguay has somewhat strengthened their monetary transmission through the interest rate channel.
How long is The Monetary Transmission in Dollarized and Non-Dollarized Economies?
The Monetary Transmission in Dollarized and Non-Dollarized Economies by Mr.Santiago Acosta Ormaechea is 23 pages long, and a total of 5,819 words.
This makes it 8% the length of the average book. It also has 7% more words than the average book.
How Long Does it Take to Read The Monetary Transmission in Dollarized and Non-Dollarized Economies Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read The Monetary Transmission in Dollarized and Non-Dollarized Economies aloud.
What Reading Level is The Monetary Transmission in Dollarized and Non-Dollarized Economies?
The Monetary Transmission in Dollarized and Non-Dollarized Economies 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.
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