How Long to Read The Role of Monetary Policy in Turkey During the Global Financial Crisis

How Long Does it Take to Read The Role of Monetary Policy in Turkey During the Global Financial Crisis?

It takes the average reader 1 hour and 16 minutes to read The Role of Monetary Policy in Turkey During the Global Financial Crisis by Mr.Harun Alp

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

Description

Turkey is an interesting case study because it was one of the hardest hit emerging economies by the global financial crisis, with a year-over-year contraction of 15 percent during the first quarter of 2009. At the same time, anticipating the fallout from the crisis, the Central Bank of the Republic of Turkey (CBRT) decreased policy rates by an astounding 1025 basis points over the November 2008 to November 2009 period. In this context, this paper addresses the following broad question: If an inflation targeting framework underpinned by a flexible exchange rate regime was not adopted, how much deeper would the recent recession have been? Counterfactual experiments based on an estimated structural model provide quantitative evidence which suggests that the recession would have been substantially more severe. In other words, the interest rate cuts implemented by the CBRT and exchange rate flexibility both helped substantially soften the impact of the global financial crisis.

How long is The Role of Monetary Policy in Turkey During the Global Financial Crisis?

The Role of Monetary Policy in Turkey During the Global Financial Crisis by Mr.Harun Alp is 75 pages long, and a total of 19,125 words.

This makes it 25% the length of the average book. It also has 23% more words than the average book.

How Long Does it Take to Read The Role of Monetary Policy in Turkey During the Global Financial Crisis Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 44 minutes to read The Role of Monetary Policy in Turkey During the Global Financial Crisis aloud.

What Reading Level is The Role of Monetary Policy in Turkey During the Global Financial Crisis?

The Role of Monetary Policy in Turkey During the Global Financial Crisis 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 Role of Monetary Policy in Turkey During the Global Financial Crisis?

The Role of Monetary Policy in Turkey During the Global Financial Crisis by Mr.Harun Alp 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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