In economics, the inside lag (or inside recognition and decision lag) is the amount of time it takes for a government or a central bank to respond to a shock in the economy. It is the delay in implementation of a fiscal policy or monetary policy.[1] Its converse is the outside lag (the amount of time before an action by a government or a central bank affects an economy). The inside lag comprises the recognition lag (the time taken to recognize the shock) and the decision lag (the time taken to decide on and pursue a response).[2]
The inside lag is generally a more severe problem for fiscal policy (government spending and taxation policy) than for monetary policy. Monetary policy is conducted by a central bank that is devoted substantially to monitoring and responding to economic shocks, whereas fiscal policy is conducted by a law-making body that has many other issues to confront as well as a highly deliberative process with which to confront them. Nevertheless, a central bank may often experience a substantial recognition lag prior to its becoming clear just what the latest economic figures imply for policy needs. Indeed, even after a central bank implements a policy response, its critics may still argue that it recognized the situation incorrectly.
^O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. p. 432. ISBN 0-13-063085-3.{{cite book}}: CS1 maint: location (link)
In economics, the insidelag (or inside recognition and decision lag) is the amount of time it takes for a government or a central bank to respond to a...
policy, to have a noticeable effect on the economy. Its converse is the insidelag, the amount of time it takes the policy authority to recognize that a...
oppose the discretionary use of fiscal stimulus because of the insidelag (the time lag involved in implementing it), which is almost inevitably long because...
mechanism inside the camera that opens the shutter, exposing the film. Because the process is mechanical, however, and relatively brief, shutter lag in film...
Turbo Lag? And How Do You Get Rid Of It?". www.MotorTrend.com. 7 March 2015. Retrieved 12 June 2022. "Turbo Lag. Reasons For Turbocharger Lag. How To...
Display lag is a phenomenon associated with most types of liquid crystal displays (LCDs) like smartphones and computers and nearly all types of high-definition...
months or so, Egyptian economic policymakers score high based on the insidelag, i.e. the lapse of time between the moment that the shock began to affect...
expansionary policies. Second, monetary policy may suffer shorter insidelags and outside lags than fiscal policy. There are some exceptions, however: Firstly...
several solo albums and appeared on reality shows. His song "Sawan Main Lag Gayi Aag" was remixed by U.S based singer Pinky Paras. Singh was born on...
users "tapping" on and off their internet connection to create the lag. The term "lag switch" encompasses many methods of disrupting the network communication...
then buried in a cave which became the site of an annual pilgrimage for Lag BaOmer. In 1985, during the festivities for Simchat Torah, a local policeman...
sufficient boost pressure through an engine's upper rpm range. The unacceptable lag time endemic to a large turbocharger is effectively neutralized when combined...
vertical hinge, called the lead-lag hinge or drag hinge, allows the blade to move back and forth. This movement is called lead-lag, dragging, or hunting. Dampers...
disengagement maneuvers, to help an escape. Classic maneuvers include the lag pursuit or yo-yo, which add distance when the attacker may overshoot the...
above) is lifted on Lag Ba'Omer, while Sefardi practice is to lift it at the end of Lag Ba'Omer. Minor liturgical changes are made on Lag Ba'omer; because...
Artist'". TheWrap. 2016-01-25. Retrieved 2017-09-25. "Celebrate the life and lagment the death of our beloved Julia Lazar Franco who left but Julia will be...
at 82.5 years, the 6th-highest in the world. Israeli Arab life expectancy lags by 3 to 4 years and is higher than in most Arab and Muslim countries. Retention...
Vinod Dua, she penned a note where she mentioned that people said "nazar lag gayi hai logon ki (people have cast evil eye on you.).” She also said that...
Athletic. Retrieved March 5, 2019. His regular-season work has increasingly lagged during his Cleveland years, but even as recently as last season the overall...
while lyrics are written by Irshad Kamil. The first single titled "Nazar Lag Jayegi" was released on 20 February 2023. The second single titled "Aadha...
tragic "daredevil" under-bridge flight sequence in the film. A lag displacement roll, or "lag roll", helps improve the firing position of the attacking aircraft...
\varepsilon _{t}} has an infinite order—that is, an infinite number of lagged values of ε t {\displaystyle \varepsilon _{t}} appear on the right side...
images has led some to observe that its photographic coverage of topics lags behind the quality of the encyclopedic text. The Wikimedia Foundation is...
[dead link] "Nvidia G-Sync is a smooth move for PC games". Derek Wilson (2009-07-16), Exploring Input LagInside and Out, AnandTech, retrieved 2012-01-15...
Retrieved 29 November 2015. Sweney, Mark (23 November 2015). "Comedy Central's Inside Amy Schumer and South Park trailers banned". The Guardian. Retrieved 29...
Global Information