zero lower bound造句
例句与造句
- When the Japanese economy fell into a period of prolonged Zero Lower Bound Problem.
- Economists have argued that real-world versions of this idea would work at the zero lower bound.
- However, some economists such as market monetarists believe that unconventional monetary policy such as quantitative easing can be effective at the zero lower bound.
- Working with Volker Wieland and others, Orphanides also contributed to research on the conduct of monetary policy near to zero lower bound for nominal interest rates.
- This is argued to occur in liquidity trap situations, when interest rates are at a zero lower bound ( or near it ) and savings still exceed investment demand.
- It's difficult to find zero lower bound in a sentence. 用zero lower bound造句挺难的
- At this zero lower bound the central bank faces difficulties with conventional monetary policy, because it is generally believed that market interest rates cannot realistically be pushed down into negative territory.
- This finding is consistent with research suggesting that in today s environment of substantial economic slack, monetary policy constrained by the zero lower bound, and synchronized fiscal adjustment across numerous economies, multipliers may be well above 1.
- According to its proponents, helicopter money would be a more efficient way to increase aggregate demand, especially in a situation of liquidity trap, when central banks have reached the so-called'zero lower bound '.
- To the extent that monetary policy would no longer be constrained by the zero lower bound, the Basel III impact on economic output could be offset by a reduction ( or delayed increase ) in monetary policy rates by about 30 to 80 basis points.
- In addition, in the face of massive private sector deleveraging, monetary policy has limited effect, because the economy is likely to have been pushed up against the zero lower bound, where real interest rate is negative but nominal interest rate cannot fall below zero.
- In 2012, inflation was expected to fall well below the target, leading the CNB to gradually reduce the level of its basic monetary policy instrument, the 2-week repo rate, until the zero lower bound ( actually 0.05 percent ) was reached in late 2012.
- In a Feb . 6, 2012, speech, Bullard noted that the " large output gap " view is a reason some cite for keeping nominal interest rates near zero for an indefinite period . " If we continue using this interpretation of events, it may be very difficult for the U . S . to ever move off of the zero lower bound on nominal interest rates.
- Many economists subscribe to a consensus view in which monetary policy is preferred as a means of regulating the business cycle, and fiscal stimulus is regarded as effective only in circumstances in which monetary policy has become ineffective, because policy interest rates are approaching the zero lower bound or a liquidity trap has developed, in which the financial system is hoarding money and failing to finance risky investment in capital formation and increased output.