adjustment lags

简明释义

调整时滞

英英释义

例句

1.The economic model predicts that there will be significant adjustment lags 调整滞后 in response to policy changes.

经济模型预测，政策变化将会有显著的调整滞后。

2.Investors often underestimate the adjustment lags 调整滞后 in market reactions to new information.

投资者常常低估市场对新信息反应的调整滞后。

3.The study found that consumer spending exhibits adjustment lags 调整滞后 after economic shocks.

研究发现，消费者支出在经济冲击后表现出调整滞后。

4.Understanding adjustment lags 调整滞后 is crucial for effective fiscal policy implementation.

理解调整滞后对于有效实施财政政策至关重要。

5.In supply chain management, adjustment lags 调整滞后 can lead to inventory shortages or surpluses.

在供应链管理中，调整滞后可能导致库存短缺或过剩。

作文

In the realm of economics, the term adjustment lags refers to the delays that occur between the time a policy is implemented and the time its effects are fully realized in the economy. These lags can significantly influence how economic policies are formulated and assessed. Understanding adjustment lags is crucial for policymakers, economists, and businesses as they navigate the complexities of economic fluctuations.One of the key aspects of adjustment lags is that they can vary in duration depending on the type of policy being implemented. For instance, when a government decides to increase interest rates to curb inflation, there may be a considerable delay before the effects of this decision are felt in the market. Consumers and businesses may take time to adjust their spending and investment behaviors in response to higher borrowing costs. This delay can lead to uncertainty in the short term, as the initial impact of the policy may not align with the intended outcomes.Moreover, the existence of adjustment lags complicates the task of forecasting economic conditions. Economists often rely on models that incorporate these lags to predict how changes in policy will affect economic performance over time. However, accurately estimating the length and impact of adjustment lags can be challenging due to the dynamic nature of the economy. Factors such as consumer confidence, global economic conditions, and technological advancements can all play a role in how quickly adjustments occur.Additionally, adjustment lags can lead to a phenomenon known as 'policy ineffectiveness'. This occurs when policymakers make decisions based on outdated information or assumptions about how quickly the economy will respond to their actions. For example, if a government implements a stimulus package expecting immediate results, but there are significant adjustment lags, the intended boost to economic activity may not materialize as anticipated. This can result in further economic challenges and a loss of credibility for the policymakers involved.To mitigate the effects of adjustment lags, it is essential for governments and central banks to adopt a more cautious and informed approach to policy-making. This includes conducting thorough analyses of past policies to better understand the typical timeframes associated with various types of adjustments. By doing so, policymakers can set more realistic expectations for the outcomes of their decisions and communicate these effectively to the public.In conclusion, adjustment lags play a significant role in the effectiveness of economic policies. They highlight the importance of understanding the timing and nature of economic responses to policy changes. As economies continue to evolve, recognizing and accounting for adjustment lags will be vital for achieving desired economic outcomes and maintaining stability. Only by acknowledging these lags can policymakers hope to navigate the complexities of the economic landscape successfully.

在经济学领域，术语调整滞后指的是政策实施与其效果在经济中完全显现之间的延迟。这些滞后可能会显著影响经济政策的制定和评估。理解调整滞后对政策制定者、经济学家和企业来说至关重要，因为他们在应对经济波动的复杂性时，需要考虑这一因素。调整滞后的一个关键方面是，它们的持续时间可能因实施的政策类型而异。例如，当政府决定提高利率以抑制通货膨胀时，这一决定的影响在市场上可能需要相当长的时间才能显现。消费者和企业可能需要时间来调整他们的消费和投资行为，以应对更高的借贷成本。这种延迟可能会导致短期内的不确定性，因为政策的初步影响可能与预期结果不一致。此外，调整滞后的存在使得预测经济状况的任务变得复杂。经济学家通常依赖于包含这些滞后的模型来预测政策变化将如何影响经济表现。然而，由于经济的动态性质，准确估计调整滞后的长度和影响可能具有挑战性。消费者信心、全球经济状况和技术进步等因素都可能在调整发生的速度上发挥作用。此外，调整滞后可能导致一种被称为“政策无效”的现象。这发生在政策制定者根据过时的信息或关于经济将如何快速回应其行动的假设做出决策时。例如，如果政府实施刺激计划，期待立即见效，但存在显著的调整滞后，那么预期的经济活动提升可能不会如预期那样出现。这可能导致进一步的经济挑战，并损害相关政策制定者的信誉。为了减轻调整滞后的影响，政府和中央银行必须采取更谨慎和信息丰富的政策制定方法。这包括对过去政策进行深入分析，以更好地了解各种调整的典型时间框架。通过这样做，政策制定者可以为其决策的结果设定更现实的预期，并有效地将这些预期传达给公众。总之，调整滞后在经济政策的有效性中发挥着重要作用。它们突显了理解经济对政策变化反应的时机和性质的重要性。随着经济的不断演变，认识并考虑调整滞后将对于实现预期的经济结果和维护稳定至关重要。只有承认这些滞后，政策制定者才能希望成功驾驭经济格局的复杂性。