liquidity trap 中文意思是什麼
liquidity trap
解釋
流動陷井-
This paper analyzes the state of effectiveness of the japan ' s monetary policy during deflation. the japan ' s monetary policy has stepped into liquidity trap. the " zero interest rate policy " ca n ' t increase investment and stimulate the economic growth
本文分析了日本通貨緊縮時期的貨幣政策的效力狀況，日本貨幣政策已陷入流動性陷阱，零利率政策沒有增加銀行貸款和帶動投資，最終刺激日本經濟增長。 -
It analyzes various factors which include the slope of curve is and lm, investment interest elasticity b, expenditure multiplier, income elasticity k and interest elasticity h of currency demand, that decide the fiscal policy and monetary policy effects by economics and geometric figures. it also demonstrates two particular situations : " crowding out " and " keynesian liquidity trap "
它從幾何圖形和經濟學意義上分析了影響和決定財政、貨幣政策效力的各種因素，這些因素包括is曲線和lm曲線的斜率以及投資的利率彈性b 、支出乘數、貨幣需求的收入彈性k和貨幣需求的利率彈性h ，並同時論述和分析了財政、貨幣政策效力分析中常見的兩種比較特殊的情形「擠出效應」和「凱恩斯流動性陷阱」 。 -
This is a description of the liquidity trap that doomed long - term capital management, an american hedge fund, almost a decade ago
這種流動性陷阱的描述冥冥中註定了約十年前名為「長期資本運營」的美國對沖基金最終命運。 -
Inflation targeting ; interest rate rules ; the liquidity trap
通貨膨脹目標；利率政策；流動性陷阱。 -
( 5 ) china ' s economy does not fall into the " liquidity trap ' ', monetary policy is still efficierity during deflation ; the fundamental factor which led to the inefficiency of monetary policy is that transmission mechanism is clogged
（ 4 ）在中國，由於市場的不完全性和價格剛性的存在，未預期到的貨幣政策與預期到的貨幣政策在短期內均可能影響產出。 -
But the china ' s interest rate has not stepped into liquidity trap. monetary policy is still effective
但我國利率並沒有陷入流動性陷阱，貨幣政策仍然是有效的。 -
Svensson, l. " escaping from a liquidity trap and deflation ; the foolproof way and others. " nber wp 10195 ( december 2003 )
逃離流動性陷阱與通貨緊縮：萬應靈方和其他方式美國國家經濟研究局工作報告10195 （ 2003年11月） 。 -
Using the macroeconomic model that can reflect financial structure and mechanism of monetary policy, the dissertation analyzes the applicability of intermediate target variables. the demonstration points that the way of using information variable is the realistic choice under the condition of complicate and changeful financial structure. as deflation becomes a realistic challenge to inflation targeting or monetary policy, the dissertation analyzes the state of deflation and liquidity trap and the role of inflation targeting in dealing with them
論文從確定性過渡到不確定性（沖擊） ，從簡單金融結構過渡到復雜金融結構，以金融結構? ?貨幣政策傳導機制? ?貨幣政策框架選擇為理論邏輯，利用能夠反映金融結構和貨幣政策傳導機制的宏觀經濟模型，研究貨幣政策中介目標或者信息變量的適用性，論證信息變量方法和「通貨膨脹目標制度」是復雜多變的金融結構背景下的現實選擇。 -
First, the dissertation demonstrates that inflation target should be a reach round zero referring to the research on optimal inflation rate, that is to say, anti - deflation and anti - inflation are both the task of inflation targeting. second, the dissertation distinguishes good and bad deflation by exploring the aggregate demand and supply factors causing the price presentation, meanwhile, inflation targeting can avoid the economy be trapped into bad deflation by setting and implementing inflation target. third, the dissertation analyzes liquidity trap by comparing with deflation and points that depreciating money and adjusting economic structure are respectively short - term and long - term projects dealing with it
作者將「通貨緊縮」看作一種價格表現的同時，發掘造成這種價格持續下跌的表象背後的供求因素，在總供求分析的基礎上，指出「通貨緊縮」有「好」 「壞」之分，而「通貨膨脹目標制度」通過設定通貨膨脹目標區間，能夠及時阻止出現「壞」的通貨緊縮；作者區分了「通貨緊縮」和「流動性陷阱」 ，指出貨幣貶值和經濟結構調整分別是應對「流動性陷阱」的短期和長期方案。 -
According to this viewpoint the paper analyzes three aspects : rate, demand elasticity of money and elasticity of rate. and then the paper arrives at the co nclusion that china has not fallen into liquidity trap and monetary policy should have played its role. accordingly, some other reasons but liquidity trap make monetary policy ineffective
針對貨幣政策無效論，文章從利率水平、貨幣的需求彈性以及投資的利率彈性三方面進行分析判斷，得出我國經濟未陷入流動性陷阱的結論，即貨幣政策發揮作用的條件是具備的，導致我國貨幣政策反通縮乏力必然另有原因。
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