Not exact matches
Importantly, this future low
level of interest rates is not due to easy monetary
policy; instead, it is the rate expected to prevail when the economy is at full strength and the stance of monetary
policy is
neutral.
We all know that in the long run money is
neutral — that is, that while monetary
policy can help the economy return to full employment following a shock, the full employment
level of output, employment and real income depends on factors outside of monetary
policy.
We also do not have a strong view that the «
neutral» (or steady - state)
level of
policy rates in Canada is particularly different from the US in the medium - to - long - term.
The chained CPI is roughly distributionally
neutral across income groups for revenues and Social Security benefits, meaning that households at various income
levels see after - tax income or Social Security benefits affected by similar percentages (Tax
Policy Center, 2013; Social Security Administration, 2012).
After determining what I think the
neutral policy should be for someone that I advise, I allow myself to tweak it by no more than 10 % to reflect my overall
levels of bullishness or bearishness.
In the United States, 19 states have passed laws prohibiting BSL on the local
level, and nearly 100 municipalities have replaced BSL with breed -
neutral policies.
The World Energy Council's autonomous member committees provide a powerful forum for debate and knowledge - sharing within a country and offer
neutral, high -
level interaction across borders to facilitate the world's energy
policy dialogue.
Shultz concluded that robust funding of clean energy research and development, plus a revenue -
neutral carbon tax, «starting small and escalating to a significant
level on a legislated schedule» would «do the trick» and are the kinds of
policies Reagan would advocate to avert climate disaster.