Hysteresis and PSR: Difference between pages

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''Economics.''
#Payment Systems Regulator.
#Pension Schemes Registry.
#Price to Sales Ratio.


Hysteresis in economics is the persistence of an effect, after the initial factors that led to that event have been removed.
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 ==
== See also ==
* [[Bank of England]]
* [[Payment system]]
* [[Creative destruction]]
* [[Immediate payments and the impact on corporate treasurers]]
* [[Depression]]
* [[Pensions Regulator]]
* [[Downside risk]]
* [[PER]]
* [[Easing]]
* [[PCF]]
* [[Economics]]
* [[Equilibrium unemployment]]
* [[Inflation]]
* [[Monetary Policy Committee]]
* [[Recession]]
* [[Tightening]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]

Revision as of 08:52, 14 November 2015

  1. Payment Systems Regulator.
  2. Pension Schemes Registry.
  3. Price to Sales Ratio.


See also