Hysteresis and RtP: Difference between pages

Revision as of 18:14, 18 November 2020

Cash management.

Request to Pay, a secure messaging service launched in May 2020.

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-''Economics.''
+''Cash management''.
-Hysteresis in economics is the persistence of an effect, after the initial factors that led to that event have been removed.
+Request to Pay, a secure messaging service launched in May 2020.
-For example, hysteresis can occur following a recession when the unemployment rate continues to increase despite growth in the economy.
-:<span style="color:#4B0082">'''''Hysteresis costs'''''</span>
-:"It is safer to err on the side of easing somewhat too much, and then if necessary tighten as capacity pressures eventually build, rather than ease too little and find the economy gets stuck in a low inflation rut with increased hysteresis costs."
-:''Michael Saunders, External Member of the Bank of England's Monetary Policy Committee (MPC), May 2020.''
 == See also ==
-* [[Bank of England]]
+* [[Cash management]]
-* [[Downside risk]]
+* [[Payments and payment systems]]
-* [[Easing]]
+* [[Request to pay]]
-* [[Economics]]
-* [[Equilibrium unemployment]]
-* [[Inflation]]
-* [[Monetary Policy Committee]]
-* [[Recession]]
-* [[Tightening]]
-[[Category:Accounting,_tax_and_regulation]]
+[[Category:The_business_context]]
-[[Category:Corporate_finance]]
+[[Category:Cash_management]]
-[[Category:Investment]]
+[[Category:Financial_products_and_markets]]
-[[Category:Identify_and_assess_risks]]
+[[Category:Technology]]
-[[Category:Manage_risks]]
-[[Category:Risk_frameworks]]