凯恩斯利率效应
凯恩斯利率效应
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但是,随着价格总水平的持续下降,这种对总需求的扩张效应,会通过庇古财富效应的转向、凯恩斯利率效应的转向和蒙代尔-弗莱明汇率效应的制约等,对总需求产生负向效应。
However , with the sustained fall in the general price level , that expansionary effect on the general demand will change to affect the general demand negatively by the direction changing of Pigou-effect , Keynes-effect and the restriction of Mundel-Fleming-effect .
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论文认为,在价格总水平下降的初期,价格总水平的下降可能会通过庇古的财富效应、凯恩斯的利率效应和蒙代尔-弗莱明汇率效应对总需求产生积极的影响。
This paper thinks , in the early day of the price falling , the lower general level of prices may effect the general demand positively by Pigou-effect , Keynes-effect and Mundel-Fleming-effect .