disinflation
noun[U]
ECONOMICSuk/ˌdɪsɪnˈfleɪʃən/usasituationin which a country'spricesgo down, or do not go up asquicklyas before:
He toldclientsthat disinflation couldresultin one or twoquartersofflatorevennegativeeconomicgrowth.
| 单词 | disinflation |
| 释义 | disinflation noun[U] ECONOMICSuk/ˌdɪsɪnˈfleɪʃən/usasituationin which a country'spricesgo down, or do not go up asquicklyas before: He toldclientsthat disinflation couldresultin one or twoquartersofflatorevennegativeeconomicgrowth. Examplesofdisinflationdisinflation For smaller disinflations, the qualitative results still hold; however, the scale of the output effects are smaller. From theCambridge English Corpus To this end, the more debatable issue is how costly disinflations really are. From theCambridge English Corpus Over an extended time, these short-term losses will not be as costly as a quickdisinflation. From theCambridge English Corpus More practically, the loss of credibility by the central bank will greatly reduce both the maximum achievable net output, and the optimaldisinflationlength. From theCambridge English Corpus The resurgence of actual and prospectivedisinflationin industrialized countries has resulted in new interest in the possibility of self-fulfilling deflationary expectations. From theCambridge English Corpus This paper analyzes exchange-rate dynamics following a money-baseddisinflationunder different degrees of exchange-rate pass-through. From theCambridge English Corpus As more firms are able to update their prices to reflect thedisinflation, the money path overshoots the aggregate price level producing the boom. From theCambridge English Corpus Recall that adisinflationimplies a fall in the expected inflation rate and the nominal interest rate and therefore a rise in money demand. From theCambridge English Corpus The costs ofdisinflationare immediate but transitory; the benefits of thedisinflationare permanent but delayed. From theCambridge English Corpus With a twoperioddisinflation, inflation inertia is less problematic: relative prices are closer to the profit-maximizing level if firms were allowed to continuously reset. From theCambridge English Corpus Figure 2 shows that, in this case, optimal policy smooths the short-run costs over time by taking a gradual approach todisinflation. From theCambridge English Corpus Again, we assume the announcement is fully credible and that thedisinflationprogram is not known in advance. 22. From theCambridge English Corpus To simulate adisinflation, it is necessary to derive starting values for the predetermined variables based on an initial inflationary steady state. From theCambridge English Corpus In order to simulate adisinflationit is necessary to derive starting values for variables based on an initial inflationary steady state. From theCambridge English Corpus As a result, welfare overall is higher under the gradualistdisinflation. 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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