Zero
in sentence
1619 examples of Zero in a sentence
If the underlying rate of TFP growth has in fact fallen from its historical norm of 1.5% per year to near
zero
in countries like the United States, then the living standards of today’s young adults will rise much more slowly than those of their parents.
His managed judiciary provides no comfort to ordinary people; and the country’s military installations, submarines, oilrigs, mining shafts, hospitals, and retirement homes regularly blow up, collapse, or sink, owing to neglect and
zero
liability.
Second, in their efforts to combat the financial crisis, the major central banks have all brought down very short-term policy interest rates to close to zero, with no clear exit in sight.
With the collapse of the second bubble in a decade, central banks again acted quickly, lowering rates to
zero
(or close to it) almost everywhere.
It is ground
zero
for the effects of climate change and the security implications they present.
Though the United States, the United Kingdom, Japan, and the eurozone have kept central-bank policy rates at
zero
for several years already, the perception that this was a temporary aberration meant that medium- to long-term rates remained substantial.
Strictly speaking,
zero
rates are observed only for nominal, medium-term debt that is perceived to be riskless.
But, throughout the eurozone, rates are close to
zero
– and negative for a substantial share of government debt – and are expected to remain low for quite some time.
In Germany, for example, interest rates on public debt up to five years will be negative, and only slightly positive beyond that, producing a weighted average of
zero.
In an environment of
zero
or near-zero interest rates, creditors have an incentive to “extend and pretend” – that is, roll over their maturing debt, so that they can keep their problems hidden for longer.
After all, if debt can be rolled over forever at
zero
rates, it does not really matter – and nobody can be considered insolvent.
But, in a
zero
interest-rate environment, that role must be reevaluated.
Arguably, Japan is an exceptional case, with the constraint of the
zero
bound on nominal interest rates demanding, at long last, a deviation from conventional measures.
The US is now ground
zero
for global inflation.
In two months, the mountains will get their first snowfall and temperatures will plummet below
zero.
That conclusion raises a key question: Will alpha eventually go to
zero
for every imaginable investment strategy?
QE is a special instrument used when a central bank’s short- and medium-term policy rates are already at
zero
and it wants to lower long-term interest rates.
Moreover, the interests rates charged on these loans are not linked to market rates, but rather to the bank’s refinancing cost, which is already close to
zero.
This implies that QE would not reach, say, Spanish households, whose mortgages are indexed to short-term rates, which are already close to
zero.
Homo economicus would give $1 to the second player, who should accept the offer, because $1 is better than
zero
dollars.
Second, negative inflation means that real interest rates rise, because central banks cannot lower the nominal interest rate below
zero.
Japan's inflation rate fell from nearly 8% in 1980 to
zero
in 1987.
It then stayed above
zero
until 1995, after which it remained low but above
zero
until 1999, and then varied between
zero
and -1.7% until 2012.
In Europe and Japan, by contrast, monetary conditions will remain loose, as central banks continue to support economic growth with
zero
interest rates and quantitative easing (QE).
The lessons of
zero
interest ratesStiglitzcriticizes the Fed for neglecting its legal mandate to promote “maximum employment” in favor of a narrow focus on inflation that is no longer relevant.
DeLong, however, contends that five years of
zero
interest rates have failed to end stagnation and believes that the only thing the Fed has effectively abandoned is hope of accelerating economic growth.
Instead of giving serious consideration to unfounded theories speculating that excessively low interest rates could, under certain conditions, discourage growth and investment, the Fed should have committed itself even more decisively to
zero
or even negative rates.
Mortgage rates are low in Hong Kong, but not zero, suggesting it is just about impossible for a median-income household to purchase a home there without access to additional funds from, say, a parent, or, if the buyer is an immigrant, from abroad.
Despite their great promise, however, superconductors have limits, the primary one being that most superconduct at very low temperatures – indeed, near absolute
zero
(-273 ºC).
On July 2, 1996, at a meeting of the Federal Open Market Committee (FOMC), which was devoted to extensive discussion of the appropriate inflation target for the Fed, Greenspan posed a simple question: “Are we talking about price stability or are we talking about
zero
inflation?” he asked.
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