What does inside lag mean?
Definitions for inside lag
in·side lag
This dictionary definitions page includes all the possible meanings, example usage and translations of the word inside lag.
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Wiktionary
inside lagnoun
The amount of time it takes for the government or the central bank to respond to a shock in the economy.
Wikipedia
Inside lag
In economics, the inside lag (or inside recognition and decision lag) is the amount of time it takes for a government or a central bank to respond to a shock in the economy. It is the delay in implementation of a fiscal policy or monetary policy. Its converse is the outside lag (the amount of time before an action by a government or a central bank affects an economy). The inside lag comprises the recognition lag (the time taken to recognize the shock) and the decision lag (the time taken to decide on and pursue a response).The inside lag is generally a more severe problem for fiscal policy (government spending and taxation policy) than for monetary policy. Monetary policy is conducted by a central bank that is devoted substantially to monitoring and responding to economic shocks, whereas fiscal policy is conducted by a law-making body that has many other issues to confront as well as a highly deliberative process with which to confront them. Nevertheless, a central bank may often experience a substantial recognition lag prior to its becoming clear just what the latest economic figures imply for policy needs. Indeed, even after a central bank implements a policy response, its critics may still argue that it recognized the situation incorrectly.
Wikidata
Inside lag
In economics, an inside lag is the amount of time it takes for a government or a central bank to respond to a shock in the economy. It is the delay in implementation of a monetary policy. Its converse is outside lag. Inside lag comprises recognition lag, the time taken to recognize the shock, and decision lag, the time taken to decide a response.
Numerology
Chaldean Numerology
The numerical value of inside lag in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of inside lag in Pythagorean Numerology is: 8
Translations for inside lag
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- jeda dalamIndonesian
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"inside lag." Definitions.net. STANDS4 LLC, 2024. Web. 13 May 2024. <https://www.definitions.net/definition/inside+lag>.
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