It takes the average reader and 39 minutes to read Unconventional Policies and Exchange Rate Dynamics by Gustavo Adler
Assuming a reading speed of 250 words per minute. Learn more
We study exchange rate dynamics under cooperative and self-oriented policies in a two-country DSGE model with unconventional monetary and exchange rate policies. The cooperative solution features a large exchange rate adjustment that cushions the impact of negative shocks and a moderate use of unconventional policy instruments. Self-oriented policies (Nash equilibrium), however, entail limited exchange rate movements and an aggressive use of unconventional policies in both countries. Our results highlight the role of international policy cooperation in allowing the exchange rate to play the traditional role of shock absorber.
Unconventional Policies and Exchange Rate Dynamics by Gustavo Adler is 38 pages long, and a total of 9,804 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 53 minutes to read Unconventional Policies and Exchange Rate Dynamics aloud.
Unconventional Policies and Exchange Rate Dynamics is suitable for students ages 8 and up.
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