Sentences with phrase «great moderation»

The recent falls in housing loan approvals point to the possibility of greater moderation in housing credit growth in the near term.

That's why I don't have much sympathy for articles talking about Great Moderation 2.0.

Moreover, during the Great Moderation, such imbalances were not seen as a serious obstacle to stabilizing the economy.

During the Great Moderation, this correlation was essentially zero (Chart 10).

The models appear to have worked well in the period of relative stability that has characterised the Great Moderation.

The Great Moderation turned out to be a boom - to - bust bubble economy.

The results of this framework seemed to be good — we were living through the «great moderation» after all.

By adopting that policy in October 2008, the Fed replaced the operating system that had seen it through the Great Moderation with a «floor» - type system in which banks are kept awash in excess reserves, and monetary policy is conducted by adjusting the Fed's IOER rate.

And as the GFC came on the heels of the «Great Moderation,» younger generations of financial market participants have never experienced higher inflation rates in advanced economies.

But it notes that there was «celebration» about the «great moderation» in macroeconomic volatility, with only a few people worrying about whether complacency about financial risks in that environment might threaten it.

The role of central banks has become much more prominent, and at the same time considerably more complex and potentially more controversial, than it was in the calmer days of the great moderation.

Federal Reserve micro-management of short - term rates led to undue certainty in the markets over the efficacy of monetary policy — «The Great Moderation.»

Does time series (intrinsic or absolute) momentum work across asset classes prior to the Great Moderation (secular decline in interest rates)?

During the «Great Moderation» (1987 — 2006), under Fed chairman Alan Greenspan, the trend rate of growth of final demand, as measured by nominal final sales to domestic purchasers (FSDP), was 5.4 percent per year — split into real growth of 3 percent and inflation of 2.4 percent.

The Great Moderation was also in line with the Taylor rule but that rule depends on knowledge of r * and the output gap, both of which are difficult to estimate.

I'm completely meat free, but every other member of my household eats some meat (usually in great moderation).

Now the sanctions lifted, political risk disappears, the country offers significant new opportunities for foreign investors: economic attractiveness, greater moderation, and horizontal market integration.

Yes, the great moderation was in hindsight not «real».

With greater moderation, mid 40 mpg is achievable, and on the extreme, the car is capable of going almost toe - to - toe with the less - powerful Prius rated for 52 mpg and which suffers the same limitations.

Under Greenspan, and Bernanke to a lesser extent (though he persists in pushing the canard that the Fed was not too loose 2003 - 2004, ask John Taylor for more), there were many missed opportunities to stop the buildup of bad debts, but the promise of the «Great Moderation» beguiled so many.

«That was the great moderation — the great moderation was a lie and a Ponzi scheme built on these massive debt mountains.

The U.S. economy is unlikely to return to its tranquil days of the Great Moderation anytime soon.

If the Great Moderation II is not immediately ahead of us, stocks look overvalued based on current levels of economic volatility.

(I used a similar graph in Stock Market Valuations Following the Great Moderation, and some of the research below can be thought of as a continuation of the ideas I presented in that article.)

The raised standing of central bankers rests on a phenomenon that economists have termed the «Great Moderation.»

With observers agreeing on the end of the «Great Moderation» and sub-par economic growth likely for the foreseeable future, recessions are likely to revert back to occurring once every 4 - 5 years on average, meaning recession forecasting will become more important to active portfolio performance.

Neoclassical economists, who have dominated the Fed for over 40 years, drove us into a huge inflation, which Volcker choked, and then Greenspan & Bernanke drove us into a liquidity trap by refusing to let recessions eliminate bad debt, creating the «great moderation,» which is now known as a sham.

This encouraged firms and individuals to borrow too much, and foolishly went under the moniker of the «Great Moderation.»

Economists didn't expect stagflation in»70s; did not tag the great moderation properly, or call the bust $ $ Sep 21, 2012

The «Great Moderation» was a result of over-stimulus, not of sound policy.

Instead, the debt grew exponentially as the Fed created the Great Moderation, which in other terms would be eventually be called a liquidity trap.

In the United States, the Great Moderation coincided with a housing boom, as prices soared (particularly on the coasts and in cities such as Phoenix and Las Vegas).

This was called «the Great Moderation».

The second graph shows that RRbond yields fell during The Great Moderation right along with the yields of normal bonds - from factors that had nothing to do with inflation expectations (that were static).

Ask yourself, «How did the Great Moderation work out?

It is dangerous to try to stabilize that instability, to create a great moderation of volatility, to keep marginal concepts from failing, whether through fiscal means (tax incentives and subsidies), or monetary policy (lower the policy rate or some banks will fail).

It's a Great Moderation if lending terms are stable in a bear market.

Despite all the new economy arguments about productivity growth, the internet, globalization, the great moderation, and the outdated relevance of risk premiums, stocks still went on to lose half their value over the next two years, and to produce negative returns over the decade that followed.

Talking about a «Great Moderation» during a bull market is hooey.

Earnings Growth Forecasts May Require a Robust Economic Recovery Secular Bear Markets and the Volatility of Inflation Trading Volume Separates Bull Markets from Bear Rallies A Stock Market Rebound Closely Linked with Economic Data Surprises Market Valuations During U.S. Recessions Stock Market Valuations Following the Great Moderation Will Global Markets Take Their Lead from the U.S.?

We got the Great Moderation because of trust in the Greenspan Put.

The presence of abundant Fed liquidity swamped the markets, and led to low spreads on risky instruments (the Great Moderation).

Survivorship bias and a biased sampling period encompassing the Great Moderation have contributed to the spurious belief that dividend investing has provided in the past and will provide in the future an easy path to security and riches.

The Great Moderation is generally dated to have begun in 1985 and to have ended around 2008.

Many companies that were able to maintain consistent dividends in the past 25 years due to the extraordinary stability of the Great Moderation will not be able to do so in coming years and decades.

It has been given an extra kicker over the last two decades by the «Great Moderation» in the global economy.

When we look at a list of companies that have raised dividends for 10, 25 or more years we need to take into account that these companies have benefited from having lived through an extraordinary era of economic stability and prosperity dubbed by economists as the «Great Moderation.»