fine-tuning


Also found in: Dictionary, Thesaurus, Idioms, Wikipedia.

fine-tuning

a short-run interventionist approach to the economy that uses monetary and fiscal measures to control fluctuations in the level of AGGREGATE DEMAND, with the aim of minimizing deviations from MACROECONOMIC POLICY objectives. The application of fine-tuning, however, is beset with problems of accurately FORECASTING fluctuations in economic activity and in gauging the magnitude and timing of counter-cyclical measures. See DEMAND MANAGEMENT, MONETARY POLICY, FISCAL POLICY.
References in periodicals archive ?
As for the type of power station the Chinese want to be built at Hinkley, not one is up and running, so there is a risk we could be left with a huge bill for fine-tuning.
We've undergone a two-year project fine-tuning our software for the UK market and the launch of the new office is the next stage of our growth plans," he said.
We will keep continuity and stability of macro-economy policies, prioritising on making policies more targeted and effective while fine-tuning policies when appropriate," state television cited Xi as telling the meeting.
Another blemish is present in Giberson's discussion of the fine-tuning of the universe.
Then, you can use one of these fine-tuning methods to provide the best groups possible.
Mathias Tonn, chief program engineer, Global Performance Products, Ford of Europe, said, 'We're sweating all the details - fine-tuning, testing, and fine tuning again many of the small but critical details to make sure it is worthy of the ST badge.
Eran Toch of Tel Aviv University says that it's all about fine-tuning privacy settings based on user information and behavior.
According to the fine-tuning argument, the existence of life-permitting conditions is more probable given the existence of a plenitude of dimensions than under the assumption that our world has only three dimensions; and since a plenitudinous hyperspace entails the existence of a vast number of regions, each with varying cosmic conditions, it makes the actuality of at least some life-favorable conditions far more probable.
He said the agenda at the bank was moving from stability to operational issues, including how debt management is handled day-to-day, the design and fine-tuning of savings products, the design and fine-tuning of mortgage products and detailed reorganisation of contact centres.
Once identified, these may then be further improved using the company's highly efficient process for fine-tuning of antibodies and other proteins to increase their activity, called EvoGene(TM) Optimisation.
The most valuable aspect of Ham It Up is that its curriculum has been thoroughly tested and put into practice, allowing the teacher to focus upon instruction itself rather than fine-tuning lesson plan mechanics.
This fine-tuning lies at the heart of Leonard Susskind's book The Cosmic Landscape.