long-run equilibrium

collocation in English

meanings of equilibrium

These words are often used together. Click on the links below to explore the meanings. Or, see other collocations with equilibrium.
equilibrium
noun[S or U]
uk /ˌek.wɪˈlɪb.ri.əm/ us /ˌiː.kwəˈlɪb.ri.əm/
a state ...
See more at equilibrium

Examples of long-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 the long-runequilibrium.
In particular, it has no redistributive effects in a strict sense because redistribution is directed at reducing disparities in long-runequilibrium output (per capita).
Wages, prices, and output adjust to their long-runequilibrium of zero, which is approached eventually.
As a consequence, the pension program has no real impact on the economy in the long-runequilibrium.
Second, in the presence of multiple steady states, the initial conditions in the economy matter for the long-runequilibrium that will result from economic dynamics.
The comparative statics of the long-runequilibrium demonstrates two main types of shock.
Indeed, the index we propose here is not sensitive to the direction of the deviation from the long-runequilibrium.
The transfer system is a stabilization device because output is defined in terms of deviations from a long-runequilibrium (growth path).
Second, the model is able to generate cyclical behaviour, as population size and the resource stock may adjust cyclically to their long-runequilibrium values.
Because of the feedback on the exchange rate process, this ultimately induces a long-runequilibrium appreciation of the real exchange rate.
By including the macro-hysteretic relationship into a macroeconomic overshooting model, the effect of temporary fluctuations on the long-runequilibrium exchange rate can be derived.
One of the main implications of incomplete passthrough is that the nominal exchange rate overshoots its long-runequilibrium value in response to the monetary slowdown.
The real consumption and the habitual standard of living reach a higher level in the new long-runequilibrium.
As all individuals expend less effort on harvesting, the resource stock is higher than without a tax at the long-runequilibrium.
Its impact on the dynamics of adjustment to long-runequilibrium is small however, because cyclical behaviour is weak even in the absence of resource taxation.
An initial overshooting depreciation (appreciation) is thus followed by a long-runequilibrium appreciation (depreciation).
The stock of the natural resource in long-runequilibrium is determined using equations (2) and (3).
The long-runequilibrium growth rate is about 1.87 percent.
Inflation drops almost immediately to its new long-runequilibrium value of zero.
The nonlinear model with growth homogeneity yields the most robust forecasting structure, whereas the models in pure differences without imposing any long-runequilibrium conditions fail.
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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