通货紧缩发生时,那些资助未来退休金的公司和公共实体的名义收入会减少,这引发了在资产和负债之间的另一个潜在的缺口。
If it occurs, it will cut the nominal incomes of those (companies, public-sector bodies) that have to fund future pensions, creating another potential gap between assets and liabilities.
“否认产出缺口”的一种更谨慎的版本,是认为危机前那种水平的产出是银行放贷的结果,其中大部分已随信贷紧缩而一去不复返。
The more cautious version of "output gap denial" is the view that the pre-crisis level of output was the result of bank-financed debt, and that much of it went for good with the credit crunch.
有什么关系?只要缺口持续存在,通货紧缩就应该加剧。
As long as the gap persisted, deflation should have accelerated.
要估测产出缺口的大小,及其可能引发通货紧缩的威胁有多大,并不容易。
Estimating how big the output gap is, and how much of a deflationary threat it still poses, is not easy.
这份报告的作者们(John Williams和JustinWeidner)以此证明产出缺口在第一季度可能只有2%,几乎或压根不可能引发通货紧缩。
The authors take this as evidence that the output gap may have been only 2% in the first quarter, implying little or no threat of deflation.
兰德鲁先生不得不宣布立即采取紧缩措施以填补该市6700万美元的预算缺口。
Mr Landrieu had to announce immediate austerity measures to plug a $67m hole in the city’s operating budget.
兰德鲁先生不得不宣布立即采取紧缩措施以填补该市6700万美元的预算缺口。
Mr Landrieu had to announce immediate austerity measures to plug a $67m hole in the city’s operating budget.
应用推荐