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翻訳と辞書　辞書検索 [ 開発暫定版 ] スポンサード リンク Monetary policy reaction function ： ウィキペディア英語版 Monetary policy reaction function The monetary policy reaction function (MPRF) is the upward-sloping relationship between the inflation rate and the unemployment rate. When the inflation rate rises, a central bank wishing to fight inflation will raise interest rates to reduce output and thus increase the unemployment rate. The MPRF is explained by the Taylor rule, the LM curve, and Okun's law. The MPRF has the equation: $u\; =\; u\_\; +\; \backslash Phi(\backslash pi\; -\; \backslash pi\_)$ Where $\backslash Phi$ is a parameter that tells us how much unemployment rises when the central bank raises the real interest rate $r$ because it thinks that inflation is too high and needs to be reduced. The Slope of the MPRF is: $\backslash frac$ The MPRF is used hand in hand with the Phillips Curve to determine the effects of economic policy. This framework illustrates equilibrium levels of the unemployment rate and the inflation rate in a sticky-price model. == Alternative == Alternatively, in Ben Bernanke and Robert H. Frank's ''Principles of Economics'' textbook, the MPRF is a model of the Fed's interest rate behavior. In its most simple form, the MPRF is an upward-sloping relationship between the real interest rate and the inflation rate. The following is an example of an MPRF from the third edition of the textbook: r = r * + g(π - π *) r 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Monetary policy reaction function」の詳細全文を読む スポンサード リンク 翻訳と辞書 : 翻訳のためのインターネットリソース Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.