Sentence examples for monetary function from inspiring English sources

We treat the emergence of monetary function as a problem in mechanism design, modeled by minimal strategic market games that overcome a generalized Jevons failure when agents must commit ahead of time to specialist resource production.

In economics jargon, this curious phenomenon is called "seigniorial privilege". Some currencies have the monetary function more than others, because of their reliability or whatever, meaning that their issuers can get rich.

The four representatives of the ECB appointed by the Governing Council shall not perform duties directly related to the monetary function of the ECB.

The Supervisory Board of the ECB is composed of a Chair, a Vice-Chair, four representatives of the ECB (their duties may not be directly related to the monetary function of the ECB) and one representative of the national competent authority in each Member State participating in the SSM.

The main state banks are the Central Bank of Paraguay, which handles all monetary functions, and the National Development Bank, which grants credits to agricultural enterprises and manufacturers.

Both are found in Capricorn, and aside from Capricorn's natural talent for being entrusted with monetary functions, this sign is also associated with tradition and history.

The structural flaws of the European monetary system, with its untenable split between its political and monetary functions, are still firmly in place even after having been exposed when Greece, Ireland, Portugal, Spain, and then Italy all plunged into crisis from 2010 on.

The ECB Statute lists various instruments that the ECB may use in order to fulfil its monetary functions.

The ECB shall establish practical arrangements in its internal rules to ensure that the separation and the operational independence between the supervisory and monetary functions of the ECB is guaranteed.

We consider a particular type of monetary utility function U, the entropic utility function in [4], which is defined as U X X ) : = - ln E [ exp ( - X ) ]. (2.5).

"If that agency is the Federal Reserve, we must be mindful of ensuring the independence and integrity of the Fed's monetary policy function".