How Long to Read The Policy Interest-Rate Pass-Through in Central America

How Long Does it Take to Read The Policy Interest-Rate Pass-Through in Central America?

It takes the average reader and 23 minutes to read The Policy Interest-Rate Pass-Through in Central America by Stephanie Medina Cas

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

Description

Several Central American (CADR) central banks with independent monetary policies have adopted policy interest rates as their main instrument to signal their monetary policy stances, often in the context of adopting or transitioning to inflation targeting regimes. This paper finds that the interest-rate transmission mechanism, or the pass-through of the policy rate to market rates, is generally weaker and slower in CADR than in the LA6, the countries selected as benchmarks. A variety of potential factors behind this finding are examined, including the degrees of financial dollarization, exchange rate flexibility, bank concentration, financial sector development, and fiscal dominance. Through panel data analysis, the study suggests that the transmission mechanism can be strengthened by increasing exchange rate flexibility, and, over time, by adopting measures towards reducing financial dollarization, developing the financial sector, and reducing bank concentration.

How long is The Policy Interest-Rate Pass-Through in Central America?

The Policy Interest-Rate Pass-Through in Central America by Stephanie Medina Cas 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 Policy Interest-Rate Pass-Through in Central America Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read The Policy Interest-Rate Pass-Through in Central America aloud.

What Reading Level is The Policy Interest-Rate Pass-Through in Central America?

The Policy Interest-Rate Pass-Through in Central America 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 Policy Interest-Rate Pass-Through in Central America?

The Policy Interest-Rate Pass-Through in Central America by Stephanie Medina Cas 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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