Examples of using Quantitative definition in English and their translations into German
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Political
THE QUANTITATIVE DEFINITION OF PRICE STABILITY.
When talking about the utility value, we always have a quantitative definition in mind.
The first element is a quantitative definition of the objective of price stability.
With this in mind,in October 1998 the Governing Council of the ECB announced a quantitative definition of price stability.
By setting a quantitative definition of price stability, the ECB has created a benchmark against which its performance can be assessed.
Thus, that feature cannot be accorded any quantitative definition having general validity.
In order to clarify the Eurosystem's objective of maintaining price stability, as laid down in the Treaty,the Governing Council of the ECB gave the following quantitative definition in 1998.
The Governing Council has published a quantitative definition of its primary objective, price stability.
Even before the introduction of the euro, the ECB Governing Council had already published and then refined a quantitative definition of price stability.
The ECB's monetary policy strategy consisting of three elements: a quantitative definition of price stability and"two pillars" used to assess risks to price stability.
The strategy includes a quantitative definition of the objective of price stability. This definition provides an anchor for inflation expectations and sets a benchmark against which the public can hold the ECB accountable for its performance.
A main element of the ECB GoverningCouncil's monetary policy strategy is its quantitative definition of price stability.
To summarise, the Governing Council of the ECB announced a quantitative definition of price stability, namely an annual increase of below 2% in the Harmonised Index of Consumer Prices( HICP) for the euro area.
This description of the"costs" of low inflation can be compared to another description of the costs of high inflation in a letter from the former ECB presidentWim Duisenberg to the European Parliament:"The ECB's quantitative definition of price stability reflects sound and well-established economic criteria.
A main element of the ECB GoverningCouncil 's monetary policy strategy is its quantitative definition of price stability:« a year-on-year increase in the Harmonised Index of Consumer Prices( HICP) for the euro area of below 2%».
A quantitative definition of Small Claims seems nevertheless preferable since a Claim which involves no major legal questions and where also the factual situation is clear, but which nonetheless has a high value, can hardly be defined as a“small” claim.
In particular, the Governing Council of the ECB has published a quantitative definition of its primary objective of price stability.
In addition, I announced a quantitative definition of the primary objective of the single monetary policy, price stability, namely a year-on-year increase in the Harmonised Index of Consumer Prices( HICP) for the euro area of below 2.
The appellant has neither alleged, let alone provided any evidence of,any generally applicable quantitative definition for the expression"substantially pure" as such, nor is the Board aware of any.
Excessive zeal for technical, quantitative definitions runs the economic risk of turning the stability pact into a straight-jacket. It runs the political risk of making the best the enemy of the good and it runs the Summit risk of snatching defeat from the jaws of victory.
Wage and price-setters, as well as firms and households,should rely on the ECB 's quantitative definition of price stability as the« best prediction» of medium-term price developments.
The quantitative definition of price stability is based on the Harmonised Index of Consumer Prices( HICP) for the euro area, as developed, compiled and disseminated by Eurostat, the Statistical Office of the European Union, in close co-operation with the national statistical institutes.
With this in mind,in October 1998 the Governing Council of the ECB announced a quantitative definition of price stability:« a year-on-year increase in the Harmonised Index of Consumer Prices( HICP) for the euro area of below 2%».
Duisenberg, W. F.( 2001),The ECB 's monetary policy strategy and the quantitative definition of price stability, letter of the President of the ECB to the Chairperson of the Committee on Economic and Monetary Affairs, Mrs Christa Randzio-Plath, 13 December 2001.
The role of monetary policy and the benefits of price stability The transmission mechanism of monetary policy The ECB's monetary policy strategy:general principles The ECB's quantitative definition of price stability The analysis of risks to price stability in the ECB's monetary policy strategy Accountability, transparency and communication.
In order to specify this objective more precisely,the Governing Council of the ECB announced the following quantitative definition in 1998:“Price stability shall be defined as a year-on-year increase in the Harmonised Index of Consumer Prices(HICP) for the euro area of below 2.
Two-pillar strategy: the monetary policy strategy of the European Central Bank( ECB)rests on the quantitative definition of price stability and two analytical frameworks(" pillars") which contribute to assessing the risks to future price stability.
In 2003, in the context ofthe evaluation of the monetary policy strategy, the Governing Council confirmed the quantitative definition of price stability and clarified that, in pursuing price stability, it will aim to keep the euro area inflation rate at below, but close to, 2% over the medium term.
This strategy, which was announced on 13 October 1998,consists of three main elements: a quantitative definition of price stability, a prominent role for money in the assessment of risks to price stability, and a broadly based assessment of the outlook for price developments.
At its meeting on 13 October 1998, the ECB Governing Councilagreed on the main elements of its monetary policy strategy: quantitative definition of price stability; an important role for the monitoring of the growth of the monetary mass identified by an aggregate; and a broadly based assessment of the outlook for price developments.