TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
optimal monetary policy [1 record]
Record 1 - internal organization data 2011-12-14
Record 1, English
Record 1, Subject field(s)
- Currency and Foreign Exchange
Record 1, Main entry term, English
- optimal monetary policy
1, record 1, English, optimal%20monetary%20policy
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
An optimal monetary policy would be one that maximizes expected utility. But, recent literature on the analysis of monetary policy in sticky-price DGE [dynamicgeneral equilibrium] models has developed a more direct approach to the formulation of monetary policy objective functions. Goodfriend and King point out that, leaving out issues related to the Friedman rule (or, equivalently, assuming positive nominal interest rates), an optimal monetary policy should stabilize the markup of prices over marginal costs (real marginal cost). 1, record 1, English, - optimal%20monetary%20policy
Record 1, French
Record 1, Domaine(s)
- Politique monétaire et marché des changes
Record 1, Main entry term, French
- politique monétaire optimale
1, record 1, French, politique%20mon%C3%A9taire%20optimale
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
La politique monétaire optimale est alors celle qui maximise l'espérance mathématique de cette utilité. Mais des auteurs ayant analysé récemment la politique monétaire au moyen de modèles ynamiques d'équilibre général à prix rigides ont élaboré une approche plus directe pour la formulation de la fonction objectif de la politique monétaire. Goodfriend et King soutiennent qu'abstraction faite des problèmes découlant de la règle de Friedman (en d'autres termes, si l'on suppose des taux d'intérêt nominaux positifs), la politique monétaire optimale devrait viser à stabiliser la marge qui est ajoutée au coût marginal (réel) pour obtenir le prix de vente [...] 1, record 1, French, - politique%20mon%C3%A9taire%20optimale
Record 1, Spanish
Record 1, Textual support, Spanish
Copyright notice for the TERMIUM Plus® data bank
© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau
Features
Language Portal of Canada
Access a collection of Canadian resources on all aspects of English and French, including quizzes.
Writing tools
The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.
Glossaries and vocabularies
Access Translation Bureau glossaries and vocabularies.
- Date Modified: