Index: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Home > Zero interest rate policy

The zero interest rate policy (ZIRP) is a macroeconomics scheme devised by economist Paul Krugman for economies exhibiting slow growth with a very low interest rate, such as contemporary Japan. Under ZIRP, the central bank maintains a 0% nominal interest rate, and then maintains inflation of the currency to make the value of otherwise stable investments, such as real estate, rise over time. It is effectively a way of imposing a negative interest rate.

For instance, with a 0% interest rate and 4% inflation rate, a house or commercial property will appreciate in value by 4% a year. This means that the return on the investment is calculated as if the interest rate is actually -4%.

The effect of a ZIRP policy is to encourage investment throughout the economy by making capital purchases more financially attractive.

<Hide>

Topics: Zero Interest Rate Policy, Zero sum, Zeroth, Zero bit Insertion...

Zero-sumZero-sum describes a situation in which a participant's gain (or loss) is exactly balanced by the losses (or gains) of the other participant(s). It is so named because when you add up the total gains of the participants and subtract the total losses then	ZerothThe zeroth item is the initial item of a sequence, if that sequence is numbered beginning from zero rather than one. In that case, when using the word "first", it should be made clear whether the common meaning "initial" is meant, or the special meaning "	Zero-bit insertionZero-bit insertion is a bit-stuffing technique used in data transmission protocols to ensure that six consecutive "1" bits never appear between the two flags that define the beginning and the ending of a transmission frame. When five consecutive "1" bits
Zero dBm transmission level pointZero dBm transmission level point (0 dBm TLP): In a communication system, a point at which the reference level is 1 mW, i. Note: The actual power level of the communications traffic is not necessarily 0 dBm. It is usually below the reference level. The re	Zero-dispersion slopeZero-dispersion slope In a single-mode optical fiber, the rate of change of dispersion, with respect to wavelength, at the fiber's zero-dispersion wavelength. Note 1: In silica-based optical fibers, the zero-dispersion wavelength occurs at approximately 1	Zero-dispersion wavelengthIn telecommunication, the term zero-dispersion wavelength has the following meanings: 1. In a single-mode optical fiber, the wavelength or wavelengths at which material dispersion and waveguide dispersion cancel one another. Note: In all silica-based opti
Zero Wing	Zero divisor	Zero-coupon bond
Zero-point energy	Zéro de Conduite	Zero-ists
Zero-player game	Zero sharp	Zeroth law of thermodynamics

Non User