How Long to Read “What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?”

How Long Does it Take to Read “What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?”?

It takes the average reader and 34 minutes to read “What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?” by Nicoletta Batini

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

Description

After a long period of global price stability, in 2008 inflation increased sharply following unprecedented increases in the price of oil and other commodities, notably food. Although inflation remained lower and growth higher in inflation targeting countries than elsewhere, almost everywhere price stability seemed in jeopardy as consumer prices kept surging and central banks struggled to maintain expectations anchored. The rapid drop in energy and food prices that later accompanied the world slowdown helped avert the worse, but inflation stayed high in many inflation targeting countries. This paper uses a small open-economy DSGE model to design the correct monetary policy response to a protracted supply shock of the kind observed today, and explains how to choose optimal policy horizons under such shock. Using a version of the model with Kalman learning, the paper also evaluates the implications of a loss of target credibility, showing how rules must be adjusted when the authorities' commitment to low inflation has been eroded. The appropriate response to future evolutions of the price of oil, including to a large downward correction as recently observed, is also evaluated.

How long is “What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?”?

“What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?” by Nicoletta Batini is 34 pages long, and a total of 8,636 words.

This makes it 11% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read “What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?” Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read “What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?” aloud.

What Reading Level is “What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?”?

“What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?” 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 “What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?”?

“What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?” by Nicoletta Batini 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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