nominal GDP

And if inflation were to rise, then nominal GDP would surely expand alongside debt, keeping the ratio between them steady.

Moreover, there is no reason to balance budgets in a country whose nominal GDP grows at up to 5 per cent a year in normal times.

Nominal GDP at least spells out a destination.

Yet the ECB has permitted nominal GDP and the money supply (supposedly, the "second pillar" of its policies) to stagnate.

It is, instead, that nominal GDP and tax revenue have fallen far below what was expected just two years ago.

During this period the credit stock grew at an average annual rate of 15. 9%, but nominal GDP grew at just 10% a year.

In a developed economy such increases might seem a little bubbly, but not in one in which nominal GDP is growing at an annual pace of 15%.

Japan may indeed have touched bottom; with nominal GDP now back at 1992 levels, it must be hoped that it has.

Nominal GDP - The total currency value of all goods and services produced in a national economy.

The best measure of excess credit is the difference between the growth rate in bank credit and nominal GDP.

The Fed toyed with nominal GDP in the past when it was searching for something more stable to target than the money supply.

' That doesn't square with an economic environment of rising unemployment, declining nominal GDP and poor sales growth, he avers .

With interest rates far below nominal GDP growth rates, Asian monetary conditions are becoming much more stimulative.

All nominal GDP can do is to give some sense of direction.

As high inflation takes hold, the credit growth rate is finally brought below nominal GDP growth rate, which implies tightening.

Do we need a period of above normal nominal GDP growth to make up for the recent recession?

This means that by targeting nominal GDP, central banks could actually smooth output fluctuations better.

Many observers agree that fiscal looseness is the best first step to faster nominal GDP growth.

If the money supply increases by 7 percent and the price level increases by 4 percent, then what is the change in nominal GDP and real GDP?

There will be no shortage of firms willing to borrow at the new benchmark rates, which remain well below the pace of growth of nominal GDP.

The two upward sloping lines are actual nominal GDP (or total spending or aggregate demand) and the nominal GDP trend.

Thus, if inflation rises, nominal GDP rises and ultimately profits, and hence share prices will rise also.

CHINA has, at long last, surpassed Japan in terms of nominal GDP, making the Chinese economy the world's second largest.

During the Great Moderation of the 1990s and early 21st century, nominal GDP growth hovered in the UK at just over 5 per cent per annum.

Even the expansion of bank credit has slowed to an annual pace of 15%, not much faster than nominal GDP growth.

An average of 4% nominal GDP growth is the basis of our projection for (weaker) tax receipts.

In 2007 liquidity was tight, with the M2 measure of money supply growing more slowly than nominal GDP.

In the long term, rates should be roughly equal to nominal GDP growth, but in America and elsewhere they are still well below it.

Indeed, Gross recently said that he views Treasury yields as perhaps 150 basis points too low, given expectations for nominal GDP growth.

A sensible short-term aim for the government would be robust nominal GDP growth.

This illustrates perhaps the most important property of a nominal GDP objective.

But fiscal revenues have far outpaced the per capital nominal GDP growth.

Macroeconomic Advisers estimates a monthly GDP figure, and according to their calculations nominal GDP declined in May and June.

In the euro area and Britain, broad money growth is running well ahead of nominal GDP.

The first heroic judgment concerns tax receipts, which tend to rise with nominal GDP.

This year Britain's nominal GDP - the value of the combined contribution of output and inflation - will actually drop by some 3-4%.

If price levels increase significantly, then the nominal GDP may increase but the real GDP is unchanged.

In the Great Depression average prices in America fell by one-quarter, and nominal GDP ended up shrinking by almost half.

But it only works if wages rise faster than per capita nominal GDP.

At the end of the second quarter, worldwide nominal GDP had risen only 13 per cent.

A 3% drop in nominal GDP from current levels would push that ratio up by more than seven percentage points to 342%.

Lending grew by 34% in the year to August, around four times faster than nominal GDP.

The Economist predicted on Dec 10, 2010 that China would overtake the US in terms of nominal GDP in 2019.

In turn, rental growth is linked to income growth and thus to nominal GDP.

The answer to "How do you achieve the nominal GDP objective? " is through the normal instruments of monetary and fiscal policy.

Nominal GDP per capita in USD at market exchange rates.

It is important not to oversell the nominal GDP.

In my view the Fed should target nominal GDP, not inflation.

Short-term interest rates are 6. 5 per cent compared with a nominal GDP growth rate of 13-14 per cent.

Another view of declining trend growth is the decline in nominal GDP.

Wages have not risen as fast as nominal GDP.

Assume, too, that nominal GDP grows at 4 per cent.

Nominal GDP has increased at an annual rate of 0. 1% since 1991.

Reportedly, nominal GDP rose 18. 3 percent in the first half, higher than the nation's money supply growth rate of 15. 9 percent.

One worrying parallel for America is that its nominal GDP will probably decline this year for the first time since 1949.

Debt burdens shot up because of deflation and shrinking output; nominal GDP fell by 46% between 1929 and 1933.

Nominal GDP in America has fallen for two consecutive quarters for the first time in more than half a century.

Falling prices mean that nominal GDP, which last year hit its lowest level since 1991, is likely to remain in the deep freeze.

India's nominal GDP grew at an average rate of 14 per cent between 2004-05 and 2009-10.

'Since last year, private consumption has been rising as fast as, or even faster than nominal GDP growth, ' Moody's said.

Lending to the private sector has increased by around 20% more than nominal GDP over the past year in both Turkey and Hong Kong.

despite higher us dollar deposit rates , hong kong dollar deposits rose steadily in 2000 , broadly in line with nominal gdp growth.

Research on the Dependence between the Monetary Data and Nominal GDP of China as well as it's Application in the Monetary Policy

Nominal Gross Domestic Product nominal GDP