| 词汇 | example_english_deflationary |
| 释义 | Examples of deflationaryThese 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. The deflationary policies enacted in response to the depression led to severe cutbacks in metropolitan army effectives in the early 1930s. The increase in poverty caused by adjustment comes largely from its deflationary effects, though these are reinforced by the consequences of devaluation in many economies. The resurgence of actual and prospective disinflation in industrialized countries has resulted in new interest in the possibility of self-fulfilling deflationary expectations. We show that when money growth equals the discount factor and there is satiation in real balances, deflationary bubbles cannot exist. We use these conditions to specify when (rational) deflationary bubbles can and cannot exist. We use our results to analyze when deflationary bubbles can and cannot exist. Very drastic action, tightening of fiscal policy and deflationary packages, would be needed to avoid this. Consequently, the contractionary effect of recessions is maximized on output, which moderates the deflationary effect on the price of the output produced in this industry. The resulting equilibrium terminal conditions are then used to demonstrate that the existence of bonds does not affect when deflationary bubbles can and cannot occur. In the next section we present a simple proof ruling out deflationary bubbles that requires no additional assumptions. It must not hinder growth or have a pronounced deflationary bias. Workers of many trades facing deflationary pressures were unsuccessful in obtaining legislative favor, even though they fell under the category of deserving poor. Deflationary pressures led firms to pay in over-priced goods, in effect cutting wages and altering wage contracts. He was concerned about its net deflationary effect and the possible impact on the dollar. This combined with the low level of business confidence in 1998 created deflationary pressures. A serious deflationary crisis at the start of the 1920s put a stop to this. They thus embraced the deflationary gesture at the heart of this interpretative practice. That is, by not reacting to a deflationary private sector shock with reduced nominal interest rates, the policy authority can create an unbounded deflationary spiral. As for monetary policy, we need more general theorizing about how unions, financial systems, fiscal authorities and central banks respond to deflationary tendencies. Moreover, the determination of the new central bank to demonstrate its resolve and credibility may bias it in a deflationary direction. The deflationary effect associated with less rigid urban real wages encourages exports, in particular exports from urban sectors. We show that there are no deflationary bubbles in this case either. When the strong deflationary crisis came at the beginning of the 1920s, the establishment of a general sickness insurance system was postponed. As these strains were compounded by the deflationary consequences of recession, the system broke apart, with each country pursuing its own domestic economic priorities. The restored gold-standard system first generated enormous streams of capital movements; then made the recipients vulnerable to a deflationary shock. 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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