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There are three types of lag in economic policy: the recognition lag, the decision lag, and the effect lag.
The recognition lag is the time it takes for the authorities to discover the need to make a change in economic policy.
One way to reduce the recognition lag is to improve the forecasting techniques, for example, by using sophisticated questionnaires or computerized econometric models.
Although the recognition lag is presumably of about the same duration for both monetary and fiscal policies, the decision lag is usually considerably shorter for monetary policy than for fiscal policy.
A "recognition lag" caused by the masking effects of high inflation led the government to adopt a stimulus plan well after the 1974 recession had begun, the report says.
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"The experience of the past two recessions suggests that recognition lags need not always impede effective stimulus," the CBO states.
Both polls showed Markey's name recognition lagging behind Brown's, which may account for the greater variability in the Democrat's support.
But when you paint or use the handwriting recognition, the lag is painful.
Still, I worried that IE's name recognition, which lags behind those of some other, mostly American, business schools, might make the degree less valuable.
The argument by Reid (1981) and others (Chinsamy & Hillenius, 2004; Chinsamy-Turan, 2005) has also been weakened by the recognition that LAGs are common in bones of mammals (Klevezal, 1996; Horner, de Ricqlès & Padian., 2000; Sander & Andrássy, 2006).
With name recognition numbers that lag his rivals by almost thirty percent, there's still time for him to introduce himself to primary voters afresh.
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recognition period
recognition time
recognition gap
recognition retention
knowledge lag
admission lag
recognition lie
approval lag
recognition lay
recognition are
recognition latency
recognition behind
recognition remain
recognition backward
recognition differential
admissions lag
recognition Responsibility
recognition rate
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