This makes China's
economic reaction function somewhat difficult for market participants to anticipate, because reactions on changing economic conditions may come in the form of fiscal or monetary policy, or a combination of both (the «dual bazooka» approach).
Not exact matches
Powell's
reaction function is much, much less sensitive to short - term market and
economic indicator fluctuations than previous Fed Chairs.
With such a model, we would be able to incorporate financial stability threats into our
reaction function, if not with absolute precision, then at least as well as we incorporate other
economic variables.