Sentences with phrase «of an equilibrium interest»

And yes, actually the market reaction has really being quite muted and I don't know whether this partly reflects the new economic norm, you know the flattening of the Phillips Curve, disruptive change, lower inflation the Fed talked about at the Jackson Hole Summit last year, something called Our Star which is going to lower long - term rate of equilibrium interest rates.

Not exact matches

Doing this well requires the central bank to be able to discern features of the economy that it can not know with precision — like the potential growth rate or the equilibrium real interest rate.

For instance, for Canada and the U.S., we believe that the equilibrium interest rate in these conditions is on the order of 3 per cent, like a range of 2.5 per cent to 3.5 per cent, so much lower than what we used to think of as a normal, steady, straight interest rate.

The next implication of having a global moderation in trend growth, because of the demographic reasons I mentioned, the next consequence of that is that the equilibrium rate of interest also goes down.

If it is a new era of faster growth and new investment opportunities, then the equilibrium real interest rate (the rate at which monetary policy neither boosts nor restrains the economy) would rise, so the central bank would be right to move interest rates towards that level.

If the IT revolution increases profitable investment opportunities, then the equilibrium real interest rate must rise in order to encourage households to save more to finance the higher level of investment.

In an environment of persistently low inflation and real equilibrium interest rates, the Fed will not be able to raise rates much further.

Jury is still out on secular stagnation — «At present, it looks likely that the equilibrium interest rate will remain low for the policy - relevant future, but there have in the past been both long swings and short - term changes in what can be thought of as equilibrium real rates»

Even if the Bank of Japan did keep real and nominal interest rates low after the country returned to inflation, the old «deflationary equilibrium» would be broken.

In a floor system, banks are kept flush with excess reserves, and monetary control is exercised, not be adjusting the quantity of reserves so as to achieve a particular equilibrium federal funds rate, but by manipulating the interest rate the Fed pays on banks» required and excess reserves holdings, alone or along with the Fed's overnight reverse - repo (ON - RRP) rate.

I'm interested to know why, if we have a supposed plethora of transitional forms, did Punctuated Equilibrium get pushed forward.

I'm interested to know why, if we have a supposed plethora of transitional forms, was there a need for Punctuated Equilibrium?

Sociology can help us uncover these vested interests, and, in the process of proclamation, preachers can become clearer about how particular passages in particular situations call for transformation, or maintain equilibrium.

«But some very interesting new states of matter may occur far away from equilibrium... and there are many possibilities for that in the quantum domain.

Here's an interesting paper that is referenced in some of the listed publications: Meraner et al. 2013, Robust increase in equilibrium climate sensitivity under global warming, GRL https://hal.inria.fr/hal-01099395/document

It is worth adding though, that temperature trends over the next few decades are more likely to be correlated to the TCR, rather than the equilibrium sensitivity, so if one is interested in the near - term implications of this debate, the constraints on TCR are going to be more important.

I recently purchased Hair Equilibrium and strongly recommend it to anyone interested in a better understanding of what's causing hairloss from the inside out...

This is an important step, but it's also needs more explanation, so I'm going to make this more of an introduction and if you're interested to learn more you check out Hair Equilibrium.

Saying that all of the performances in Equilibrium are fatuous and inane is moot — better to note that Emily Watson (howlingly awful as a doomed love interest), between this, Red Dragon, and Punch - Drunk Love is now one - for - three for 2002; that Christian Bale is starting to remind me a little of the lost promise of Gary Oldman; and that dimwitted films that use poetry as a means toward sublimity (Red Dragon and Blake, Blue Car and Rilke, Equilibrium and Yeats) would probably be better served to leave the pretension to those able to carry it off.

The central bank pushes interest rates below the natural rate of interest (i.e., the one that would exist in an free market equilibrium), in order to stimulate the economy.

I'm not sure we are even close to the market equilibrium where passive becomes such a large portion of total assets that their free - riding efforts destroy market efficiency, but it is certainly an interesting thing to consider.

But as we shift from what may be perceived as abnormal conditions to more normal conditions — when there is some degree of volatility and a higher interest - rate environment — we think the equilibrium between growth and value will also normalize.

He obtained the delicate equilibrium he was striving for, he wrote, «by modifying [his] arabesque in such a way that the spectator should be interested as much by the white page as by the promise of reading the text.»»

Nevertheless, climate sensitivity is part of the puzzle, and it particularly matters if you are interested in stabilisation scenarios, since it indicates what a particular equilibrium CO2 level will mean for equilibrium climate.

It is worth adding though, that temperature trends over the next few decades are more likely to be correlated to the TCR, rather than the equilibrium sensitivity, so if one is interested in the near - term implications of this debate, the constraints on TCR are going to be more important.

Given that uncertainty, I'd far rather see scientists produce 50 - year limits, 100 - yr limits, 150 - yr limits, 250 - yr limits — those are the kinds of predictions that would be interesting, as they would give you an idea of how fast the approach to equilibrium might be.

In short, though, I think that the interest in unforced variability and in instabilities both in the field and in the general public masks the well - known fact that the time constant for radiative equilibrium of the atmosphere alone is on the order of weeks.

A number of commentators are very interested in debating how sensitive the climate is to CO2 (the equilibrium climate sensitivity, usually expressed as temperature change per doubling of CO2 consentration).

The high emissivity of CO2 in the IR actually contributes to our radiative equilibrium temperature being another 20K or more lower than that but I'll wait until somebody is interested in implementing the computations in CoSy or puts a table, not a graph, of an actual measured mean spectrum in my lap.

I am more interested in the temperature of earth + atmosphere as observable from space, as that is the temperature determined by radiative equilibrium adn for which we have comparative data for other planets.

This did not prevent attacks from academics like committed Darwinist Richard Dawkins who said punctuated equilibrium was «an interesting but minor wrinkle on the surface of neo-Darwinian theory».

But as yet does not seem interesting enough to make me think differently about the contribution of increased anthropogenic CO2 to the equilibrium climate sensitivity, or even the transient climate sensitivity.

I know, I know, those of you who are devoted to the idea of a lapse rate at true equilibrium to the extent that you ignore the fact that the solution openly violates the second law won't be swayed by a little thing like the fully worked out solution — which is the one I have in the article at the top, but this exam goes ahead and computes various quantities of interest and shows that they do the right asymptotic things.

It presupposes that all thermal relaxation that can occur has occurred, unless you wish to work a system with broken ergodicity, or unless you can show that there is a vast separation of relaxation timescales, one large enough that equilibrium will not be reached in the particular times of interest in a particular problem.

The real atmosphere gets the dollop of heat from the sun; exciting and interesting stuff happens to equilibrium w / wire in top post Fig. 1 thereafter.

I have edition 1 of that fine text book and, for interested posters, the non-isothermal stable equilibrium temperature profile derived from maximization of entropy of the GHG - free adiabatic ideal gas column top post Fig. 1 derivation is in Chapter 4.4 pp.164 - 168 for realistic pressures (holds for ~ 80 % of pressure range of earth's atmosphere).

I further believe that the current approach of modeling the equilibrium states and treating the transitions between them as only of secondary interest is doomed to failure, because for a long time now and for the foreseeable future we're in a transition with no equilibrium state within a century of today's date.

Those like you, Basil, who call upon the authority of journals and persons in the climatology field (who obviously, like yourself, demonstrate a serious lack of understanding of such matters as thermodynamic equilibrium, entropy and unbalanced energy potentials) epitomise the process whereby the greatest hoax of all time has been, and continues to be promulgated by those with personal pecuniary interests in maintaining the status quo.

Climate science is tied to the hip of Greenshirt and leftist interests and the best you get from Dr. Curry are vague and false equilibrium about «politics».

If you are only interested in the long - term equilibrium behavior of a system it is understandable that you would think that fast and slow feedback processess could be dismissed as meaningless and superfluous.

Example 4 is the one of interest where the first body has reached an equilibrium temperature with the sun and then a second body with a slightly lower temperature is moved into proximity.

Yet firms spend thousands of hours and dollars seeking the Holy Grail for law firm management: equilibrium between «work - life balance» and business interests.

Finding Equilibrium: Searching for the true value of a Bitcoin Vinny Lingham, CEO and co-founder of Gyft, wrote an interesting take on the state of Bitcoin, and why current prices are lower than they were just a few months ago.

In the face of tightening spreads, increased regulation, and the prospects for rising interest rates, outstanding commercial real estate debt to GDP will continue to rise higher above its long - term equilibrium.

They have these home prices and interest going up, so you're kind of out of equilibrium,» said Melendez.