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实际利率

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Effective interest rate The true rate of interest paid on an installment loan.

有效利率,实际利率对一笔分期偿付的贷款所支付的实际利率

For a given tax policy, this paper studies the impact of government expenditure composition on the rate of economic growth.

本文认为,财政政策的改变会导致生产率的改变,进而导致实际收入和实际利率的变化。

Under the Fisher hypothesis, an increase in nominal money growth — which is reflected one for one in an increase in inflation — has no effect on the real interest rate in the long run and increases the nominal interest rate by an amount equal to increase in money growth.

在 FISHER 假说下,名义货币的增长与通货膨胀的增长是一一对应的,在长期内对实际利率没有影响,并通过等量于货币增长的增加使名义利率也增加。

We structure a general equilibrium dynamic model of optimize behavior under the stick price, the model is made up of IS equation , AS equation and interest rate rule , these three equations :::: We utilize state space model and Kalman filter to measure the variable which can't be observed --The China Real Interest Rate Gap and China potential GDP .

我们构建了粘性价格下基于主体最优化行为的一般均衡动态模型,模型由IS方程、AS方程和利率规则这三个方程组成::::我们利用状态空间模型和卡尔曼滤波的方法对于不可观测变量——中国实际利率缺口和中国潜在GDP进行了度量。

Because of the real interest rate and the natural interest rate both being difficult measured, in order to simplifying the question of measuring and advantaging demonstration research and policy made , therefore we adopted the Real Interest Rate Gap as the economic variable measuring.

这里的实际利率指的是实际的市场利率,也就是由名义利率和复杂的可能有预期也可能没有预期的通货膨胀所调整后,真正决定个体行为者任何决策的利率;自然实际利率指的是维克塞尔所定义的自然利率。

So, we have drawn three actual reasons for reconsidering the importance of Real Interest Rate Gap.

因此,我们得出了重新考虑实际利率缺口重要性的三个关键的实际理由。

The last two Fed tightenings contributed to swoons, even though they weren't aggressive. The Fed raised rates by only 1.75 percentage points between June 1999 and May 2000. Yet that contributed to a crash in equity markets. While the Fed funds rate did move up from emergency levels between mid-2004 and mid-2006, it was done gradually, and the real Fed funds rate was actually below 1% from late 2001 to early 2006, illustrating the Fed's extreme dovishness.

美联储前两次紧缩措施都导致了问题,虽然那两次措施规模并不大。1999年6月-2000年5月,美联储仅仅将利率上调了1.75个百分点,然而却造成证券市场崩溃。2004年中-2006年中,联邦基金利率较紧急状态水平有所上调,但还是逐步进行的,从2001年底到2006年初的实际利率其实不到1%。

But in March the interest rate adjustment only improve the mortgage interest rates (although the actual interest rate and reduce the mortgage interest rate difference), but at the same time improve deposit rates, which the public will have reason to believe that this policy only in order to defuse the risks of banks , instead of safeguarding the public interest.

但在3月利率调整只提高抵押贷款利率(虽然实际利率和降低抵押贷款利率的差异),但同时提高存款利率,这是市民有理由相信,这一政策不仅在为了缓解银行的风险,而不是维护公共利益。

For floating rate loans, receivables or held to maturity investments in the calculation of the present value of future cash flows, the current real interest rate could contract as a cash rate.

对于浮动利率贷款、应收款项或持有至到期投资,在计算未来现金流量现值时可采用合同规定的现行实际利率作为折现率。

First , understand the behavior of the Real Interest Rate Gap is important for understanding the experience relation among the true rate of interest and output.

一是理解实际利率缺口行为对于理解实际利率和产出间的经验关系是重要的。

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