Nominal Interest Rate

Changes in the money supply affect the short-term nominal interest rate .

货币供应量的变化会影响短期名义利率的变化。

Interest Income Taxation and Nominal Interest Rate in the Revised Fisher Effect

Fisher修正效应中的利息所得税与名义利率

The nominal interest rate is negative as related to every level of the monetary demand ;

名义利率与各层次货币需求之间具有负相关关系；

Controlling money quantity and nominal interest rate are the two ways of dealing with inflation .

调控货币数量和名义利率水平是治理通货膨胀的两大举措。

China 's Nominal Interest Rate Adjustment Mechanism and " Liquidity Trap " Test of Monetary Policies

我国名义利率调整机制与货币政策流动性陷阱检验

During the inflation , the collecting of the interest income tax causes the nominal interest rate to rise .

在维持实际利率不变的通货膨胀中，征收利息所得税会造成名义利率升高。

Moreover , the unit root test results of nominal interest rate and inflation rate are also different when use different unit root test methods .

本文阐明了单位根检验方法在检验非平稳时间序列数据时存在局限性，而且本文使用不同的单位根检验方法检验名义利率和通货膨胀率的平稳性时，得到的结果也是有差异。

The relationships between the nominal interest rate and the inflation rate may be change under different economic backgrounds and exogenous shocks .

不同的经济背景和外生冲击下，名义利率和通货膨胀率之间会呈现不同关系。

Second , the small and medium-sized enterprises responded more strongly than the state-owned enterprises when the nominal interest rate is changed .

第二，名义利率变化对中小企业影响更大。

Before transforming to shares , cost of capital is indeed low . Because nominal interest rate is lower when financial risk is not included .

其在未转换为股票前，由于票面利率比较低，在不考虑转股失败的财务风险时，资本成本确实很低。

While all this is happening , central banks are constrained in their ability to stimulate the economy by the zero nominal interest rate bind .

在所有这一切发生的同时，央行以名义零利率刺激经济的能力也受到限制。

Against the background that the range of the rise of prices is higher than the nominal interest rate , the negative interest rate has become a public concern .

在物价上升幅度高于名义利率的背景下，负利率成为一个重要关注问题。

Thirdly , the author uses the nominal interest rate and real interest rates as the main line , analysis the treatment effect of raised deposit and lending rates .

此外，笔者以名义利率和实际利率为主线分析了我国上调存贷款利率对通货膨胀的治理效果。

In terms of the interest , they are more concerned with the nominal interest rate than the factual interest rate since its drastic policy change in1990 .

从利率看，主要受名义利率影响，而与实际利率的关系在1990年前后发生了明显的结构变动。

The cause is that the Fed model advocates the comparison of market E / P with nominal interest rate and assert whether the stock market value is fair .

其原因在于Fed模型的拥护者将E/P跟名义利率进行比较来判断股市估值是否合理。

Under such a background , the nominal interest rate had an effect on savings , and on the contrary , the inflation rate had a substantial effect on savings .

在此背景下，储蓄更多地受名义利率的影响，实质是更多地受通货膨胀率的影响。

Meanwhile , the fluctuation of the anticipated inflation will aggravate the fluctuation of the nominal interest rate with the aid of the income tax on interest income .

同时，预期通货膨胀的波动也会借助于利息所得税加剧名义利率的波动。

For instance , a 2 per cent nominal interest rate becomes an effective negative 3 per cent real rate in a year when prices are expected to recover by 5 per cent .

例如，在物价预计将上涨5%的一年里，2%的名义利率实际上就等于-3%的实际利率。

Since short-term interest rates are already near zero , some economists advocate QE to reduce the real interest rate by raising inflation temporarily while holding the nominal interest rate unchanged .

由于短期利率已接近于零，一些经济学家支持实行定量宽松政策，以通过暂时推高通胀、同时保持名义利率不变，来降低实际利率。

In context , using the system modeling methed in threshold cointegration system to set up threshold vector error correction model , to reevaluate our country nominal interest rate and inflation rate relationship . 3 .

为此，在本文中利用门限协整建模方式中的系统建模法建立门限向量误差校正模型，重新评价我国名义利率和通货膨胀率之间的长期关系。

The choice in different intermediary goal of monetary policy against economic cycle by Central Bank will cause the stable substitution between the two kinds of different goals , namely , nominal interest rate and monetary delivery volume .

中央银行对反经济周期的货币政策不同中介目标的选择，会引起货币供给量和名义利率两种不同目标之间的稳定性替代。

The fundamental reason should be obvious : what matters for most companies ( or consumers ) is not the nominal interest rate but the availability of funds and the terms that borrowers have to pay .

其中的根本原因应该是显而易见的：对大多数公司（或消费者）而言，重要的不是名义利率，而是资金的可获得性和借款条款。

A 4 per cent expected rate of inflation for the next few years would turn a 1 per cent nominal interest rate into a real rate of minus 3 per cent , thereby stimulating interest-sensitive spending .

未来几年4%的预期通胀率，将把1%的名义利率转化成-3%的实际利率，从而刺激对利率敏感的支出。

Fisher effect means that real interest rates is to remain constant in the long run , it will not be affected by expected inflation , therefore leading to one-to-one relationship between the expected inflation rate and the nominal interest rate .

费雪效应意味着实际利率在长期上是保持不变的，不会受到预期通货膨胀的影响，即名义利率和通货膨胀是一对一的调整关系。

And Taylor himself created an influential monetary policy rule , which stipulates how much a central bank should change the nominal interest rate in response to divergences of actual inflation rates or gross domestic product from target inflation and potential GDP .

泰勒本人就创建了一项很有影响的货币政策规则。根据这项规则，央行应根据实际通胀率或GDP偏离目标通胀率或潜在GDP的程度，相应地调整名义利率。

In the non-income factors , unless the price is expected to be well explained , the nominal interest rate and the proportion of rural population are not better explanatory power , and the three factors have little effect on the average propensity to consume .

在非收入因素分析中，除价格预期能很好解释农村居民消费外，名义利率、农村人口比重均不具有较好的解释力，且三个因素基本上对平均消费倾向没有影响。

We find that , with the exogenous random shocks , the government 's optimum monetary policy is a one of counter-cyclical aggregate demand management . When economy is shrinking , the government stimulates the economy by increasing the money supply and reducing the nominal interest rate ;

本文发现，当个体之间存在消费攀比现象时，政府的最优货币政策是一种反周期的总需求管理政策当经济萎缩时，政府通过降低名义利率来刺激经济；

Real interest rates – the nominal interest rate minus the rate of inflation – are already negative by an average 1.7 per cent in Asia excluding Japan , according to UBS , well below the level both before and after the Asian financial crisis of a decade ago .

瑞银（UBS）表示，在不包括日本在内的亚洲地区，平均实际利率名义利率减去通货膨胀率已经为-1.7%，远低于10年前亚洲金融危机前后的水平。

Average nominal long-term interest rate must be within 2 percentage points of the average rate in the three countries with the lowest inflation rates .

记名的长期利率平均值在三个通胀率最低国家的长期利率平均值上下2%的波动范围内。

In addition , by the impulse response analysis and variance decomposition analysis we found that monetary shocks mainly affected nominal variables like inflation rate and nominal interest rate , the actual variables like output , capital were mainly subject to technology shocks .

此外，模型通过脉冲响应分析和方差分解分析发现，货币冲击主要影响通货膨胀率和名义利率等名义量，产出、资本等实际变量则受技术冲击影响较大。