How Long to Read The Optimal Rate of Money Creation in an Overlapping Generations Model

How Long Does it Take to Read The Optimal Rate of Money Creation in an Overlapping Generations Model?

It takes the average reader and 52 minutes to read The Optimal Rate of Money Creation in an Overlapping Generations Model by Mr.A. Javier Hamann

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

Description

This paper develops a large scale overlapping generations model and calibrates it for the U.S. economy. Simulations with the model show that the steady state welfare maximizing inflation rate may be positive, although the numerical results are not robust. It is also shown, however, that increases in the inflation rate are never Pareto efficient because during the transition to the new steady state at least some generations are made worse-off. Using an optimality criterion that takes into account the welfare of all generations, it is found that implementing Friedman’s rule is a Pareto superior policy, and that the efficiency gains derived from implementing such rule could be substantial.

How long is The Optimal Rate of Money Creation in an Overlapping Generations Model?

The Optimal Rate of Money Creation in an Overlapping Generations Model by Mr.A. Javier Hamann is 52 pages long, and a total of 13,104 words.

This makes it 18% the length of the average book. It also has 16% more words than the average book.

How Long Does it Take to Read The Optimal Rate of Money Creation in an Overlapping Generations Model Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 11 minutes to read The Optimal Rate of Money Creation in an Overlapping Generations Model aloud.

What Reading Level is The Optimal Rate of Money Creation in an Overlapping Generations Model?

The Optimal Rate of Money Creation in an Overlapping Generations 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 Optimal Rate of Money Creation in an Overlapping Generations Model?

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