long-run equilibrium
collocation in Englishmeaningsofequilibrium
These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withequilibrium.
equilibrium
noun[S or U]
uk/ˌek.wɪˈlɪb.ri.əm/us/ˌiː.kwəˈlɪb.ri.əm/
a state ...
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(Definition ofequilibriumfrom theCambridge English Dictionary© Cambridge University Press)
Examplesoflong-run equilibrium
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
Section 3 solves the model graphically and analyzes the dynamics around thelong-runequilibrium.
From theCambridge English Corpus
In particular, it has no redistributive effects in a strict sense because redistribution is directed at reducing disparities inlong-runequilibriumoutput (per capita).
From theCambridge English Corpus
Wages, prices, and output adjust to theirlong-runequilibriumof zero, which is approached eventually.
From theCambridge English Corpus
As a consequence, the pension program has no real impact on the economy in thelong-runequilibrium.
From theCambridge English Corpus
Second, in the presence of multiple steady states, the initial conditions in the economy matter for thelong-runequilibriumthat will result from economic dynamics.
From theCambridge English Corpus
The comparative statics of thelong-runequilibriumdemonstrates two main types of shock.
From theCambridge English Corpus
Indeed, the index we propose here is not sensitive to the direction of the deviation from thelong-runequilibrium.
From theCambridge English Corpus
The transfer system is a stabilization device because output is defined in terms of deviations from along-runequilibrium(growth path).
From theCambridge English Corpus
Second, the model is able to generate cyclical behaviour, as population size and the resource stock may adjust cyclically to theirlong-runequilibriumvalues.
From theCambridge English Corpus
Because of the feedback on the exchange rate process, this ultimately induces along-runequilibriumappreciation of the real exchange rate.
From theCambridge English Corpus
By including the macro-hysteretic relationship into a macroeconomic overshooting model, the effect of temporary fluctuations on thelong-runequilibriumexchange rate can be derived.
From theCambridge English Corpus
One of the main implications of incomplete passthrough is that the nominal exchange rate overshoots itslong-runequilibriumvalue in response to the monetary slowdown.
From theCambridge English Corpus
The real consumption and the habitual standard of living reach a higher level in the newlong-runequilibrium.
From theCambridge English Corpus
As all individuals expend less effort on harvesting, the resource stock is higher than without a tax at thelong-runequilibrium.
From theCambridge English Corpus
Its impact on the dynamics of adjustment tolong-runequilibriumis small however, because cyclical behaviour is weak even in the absence of resource taxation.
From theCambridge English Corpus
An initial overshooting depreciation (appreciation) is thus followed by along-runequilibriumappreciation (depreciation).
From theCambridge English Corpus
The stock of the natural resource inlong-runequilibriumis determined using equations (2) and (3).
From theCambridge English Corpus
Thelong-runequilibriumgrowth rate is about 1.87 percent.
From theCambridge English Corpus
Inflation drops almost immediately to its newlong-runequilibriumvalue of zero.
From theCambridge English Corpus
The nonlinear model with growth homogeneity yields the most robust forecasting structure, whereas the models in pure differences without imposing anylong-runequilibriumconditions fail.
From theCambridge English Corpus
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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