We have allowed for an extra 3% annual rise in the yuan against the dollar on top of the inflation gap of two percentage points.
我们假设在两国通胀率有两个百分点差距的基础上,人民币兑美元汇率还会年均上升3%。
The remaining output gap, the slow recovery in domestic demand, and the previously depressed money supply remain the main factors keeping inflation in check.
产量尚存缺口、国内需求复苏缓慢、以前萧条的货币供应等,仍是使通胀水平得到控制的主要因素。
But inflation expectations, derived from the gap between yields on index-linked and conventional bonds, hardly suggest fears of a Zimbabwe-style debasement.
但是,由指数连动债券与一般债券的息差产生的通胀预期,不会引起津巴布韦式货币贬值的恐慌。
Betting on inflation? Better mind the gap.
押注于通胀?最好当心缺口。
The yield gap between conventional and index-linked Treasuries, a measure of inflation expectations, has risen by more than 0.3 percentage points this year.
作为通胀预期的指标,传统国库券和与物价指数挂钩的国库券之间的经济收益差额,今年已经上升超过了0.3%。
Rather than follow the conventional route of deriving an inflation forecast from an estimate of potential output, they do the opposite: they infer the output gap from the behaviour of inflation.
他们不是按照传统根据产出缺口来推测通货膨胀率,而是反过来:从通货膨胀的走势来推测产出缺口。
Officials like Federal Reserve Bank of San Francisco President Janet Yellen argue the 'output gap,' caused when the economy is operating below its potential, is likely to keep inflation at bay.
旧金山联邦储备银行(Federal Reserve Bankof San Francisco)行长耶伦(Janet Yellen)等官员称“产出缺口”很可能会阻止通胀发生。经济未达到运行潜能时会出现产出缺口。
Yet even Mr Ashworth admits that core inflation and wage growth have not fallen as much as the output gap and unemployment would seem to predict.
然而甚至是Ashworth先生也承认,核心通货膨胀率和工资增长水平都还没下降到产出缺口和失业率这两者似能预测的那种程度。
It concluded: 'a solid gap has opened up in the impact of inflation on low-to-middle earners versus higher earners.'
报告总结说:“通胀对中低收入者的影响已远远大于对高收入者的影响。”
Inflation will cool to 3.8 percent by the end of next year and the gap between two - and 10-year yields will narrow to 60 basis points, according to Song.
据宋先生说,通货膨胀到明年年末的时候就会平静到3.8%并且两年和十年的产量间隙会缩小到60个基准点。
But to close the gap through rising prices in the north, policy makers would have to accept temporarily higher inflation for the euro area as a whole.
然而,要通过在北部地区提高价格的办法弥合差距,决策者将不得不接受整个欧元区临时性高通货膨胀。
The truth is, the reason for our income disparity gap is inflation.
实际上我们的收入鸿沟的原因是通货膨胀。
The gap between its average annual rate of burger inflation (19%) and its official rate (10%) is far bigger than in any other country.
汉堡通胀率平均值(19%)和官方数据(10%)之间的差额远远大于其它国家。
A comparable gap in 1981-83 produced a drop in core inflation of six percentage points.
1981- 83年一个类似水平的产出缺口(7%左右)引起通货膨胀率下降了6个百分点。
Even if inflation were to fall to between zero and 1.5%, say, that would be a small drop given the CBO's estimate of the output gap.
即使通货膨胀率下降到0到1.5%的水平,相比cbo估测的产出缺口也是非常小的。
They believe they can estimate phenomena such as the output gap or the rate of inflation to be expected for any specified behaviour of real activity.
它们自以为对各种局面胸有成竹,包括任何特定真实活动情形下可以预期的产出缺口或通涨率。
The danger of inflation stalked the home front because of this "inflationary gap".
由于存在这种差距,国内就笼罩着通货膨胀的危险。
It did, however produce a chart showing that the output gap tends to line up with swings in inflation, as one would expect.
但央行的确公布了一张图表,显示产出缺口趋向于与通胀上升一致,这与预期的一致。我们从央行的报告中复制了这张图表。
We firstly estimate the inflation expectations and potential output, and then we describe the dynamics of Phillips curve based on the inflation expectation error and output gap.
我们首先估计出了预期通货膨胀率和潜在经济增长率,然后依据通货膨胀预期误差和产出缺口的关系来描述我国菲利普斯曲线的动态特征。
The gap between the performance of inflation and that of nominal GDP is so big that some economists, such as Scott Sumner of Bentley University, are dusting off an old idea.
通胀和名义GDP之间的巨大鸿沟使得一些经济学家,比如Bentley大学的ScottSumner开始考虑摒弃一个旧观念。
Can the Money Supply and Output Gap Provide Useful Information for Inflation?
货币和产出缺口能给通货膨胀提供有用的信息吗?
Can the Money Supply and Output Gap Provide Useful Information for Inflation?
货币和产出缺口能给通货膨胀提供有用的信息吗?
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