monetary authority
collocation in Englishmeaningsofmonetaryandauthority
These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withauthority.
monetary
adjective
uk/ˈmʌn.ɪ.tri/us/ˈmɑː.nə.ter.i/
finance & economics
relating to the money in ...
See more atmonetary
authority
noun
uk/ɔːˈθɒr.ə.ti/us/əˈθɔːr.ə.t̬i/
the moral or legal right or ability ...
See more atauthority
(Definition ofmonetaryandauthorityfrom theCambridge English Dictionary© Cambridge University Press)
Examplesofmonetary authority
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.
In this case, the gold certificates would be fully backed with gold by themonetaryauthority.
From theCambridge English Corpus
Themonetaryauthorityis assumed to control the nominal interest rate using a policy rule.
From theCambridge English Corpus
Themonetaryauthoritycreates new currency by injecting reserves into the banking system.
From theCambridge English Corpus
It advocated full employment, nationalization of foreign banks, a desire to make the public sector more profitable and an independent centralmonetaryauthority.
From theCambridge English Corpus
Two examples show that when the economy begins away from this unique steady state, with positive inflation, themonetaryauthoritycan successfully disinflate.
From theCambridge English Corpus
A central island is the only place where all contracts can be enforced and where amonetaryauthorityresides.
From theCambridge English Corpus
Before deriving this policy formally, a few comments are worth to describe the long run trade-offs faced by themonetaryauthority.
From theCambridge English Corpus
It is unlikely that anymonetaryauthorityacts purely exogenously.
From theCambridge English Corpus
Themonetaryauthoritysets the money growth rate exogenously.
From theCambridge English Corpus
For example, themonetaryauthoritymight be far more concerned about worst-case scenarios than about ensuring that the deviations from target paths are always small.
From theCambridge English Corpus
While inflation expectations will be adjusted up or down according to the anticipated policies of themonetaryauthority, real wage behaviour will not be affected.
From theCambridge English Corpus
The present paper has assumed that themonetaryauthoritykeeps the growth rate of nominal money supply constant over time.
From theCambridge English Corpus
When consumers expect higher inflations, themonetaryauthorityresponds by raising the nominal interest rate more than one-for-one with the expected inflation rate.
From theCambridge English Corpus
Our results suggest that themonetaryauthoritymay well be required to adjust its policy with such changes to ensure market stability.
From theCambridge English Corpus
Themonetaryauthoritysets the money growth rate exogenously by injecting reserves into the banking system.
From theCambridge English Corpus
In their model, themonetaryauthoritydesires to reduce unemployment and can do so by creating surprise inflation.
From theCambridge English Corpus
However, with rational expectations, private agents recognize that themonetaryauthorityhas this incentive and adjust their behavior accordingly.
From theCambridge English Corpus
Themonetaryauthoritycould issue "gold certificates" instead, to be redeemed at the end of the period for money (gold).
From theCambridge English Corpus
This is because the freedom that the nationalmonetaryauthorityhas to vary domestic interest rates depends on the flexibility of the exchange rate.
From theCambridge English Corpus
Themonetaryauthoritycontrols the short-term nominal interest rate, and lets the money supply be determined by the bond market.
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.
Want to learn more?
Go to the definition ofmonetary
Go to the definition ofauthority
See other collocations withauthority