{"id":23767,"date":"2023-12-06T08:52:59","date_gmt":"2023-12-06T08:52:59","guid":{"rendered":"https:\/\/masterskills.org\/blog\/muc-tieu-muc-gia-chung-price-level-targeting-la-gi-dac-diem-muc-tieu-muc-gia-chung.html"},"modified":"2023-12-22T09:04:28","modified_gmt":"2023-12-22T02:04:28","slug":"muc-tieu-muc-gia-chung-price-level-targeting-la-gi-dac-diem-muc-tieu-muc-gia-chung","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/muc-tieu-muc-gia-chung-price-level-targeting-la-gi-dac-diem-muc-tieu-muc-gia-chung.html","title":{"rendered":"M\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung (Price Level Targeting) l\u00e0 g\u00ec? \u0110\u1eb7c \u0111i\u1ec3m M\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung"},"content":{"rendered":"
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Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Investopedia<\/p>\n<\/figcaption><\/figure>\n

M\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung<\/font><\/h2>\n

Kha\u0301i ni\u00ea\u0323m<\/b><\/p>\n

M\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung<\/b> hay nh\u1eafm m\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung<\/b> trong ti\u00ea\u0301ng Anh la\u0300 Price Level Targeting.<\/b><\/p>\n

M\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung<\/b> l\u00e0 m\u1ed9t khung ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7\u00a0\u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c s\u1ef1 \u1ed5n \u0111\u1ecbnh v\u1ec1 gi\u00e1 c\u1ea3 trong n\u1ec1n kinh t\u1ebf. Gi\u1ed1ng nh\u01b0 m\u1ee5c ti\u00eau l\u1ea1m ph\u00e1t, m\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung thi\u1ebft l\u1eadp c\u00e1c m\u1ee5c ti\u00eau cho c\u00e1c ch\u1ec9 s\u1ed1 gi\u00e1 nh\u01b0\u00a0ch\u1ec9 s\u1ed1 gi\u00e1 ti\u00eau d\u00f9ng\u00a0(CPI).\u00a0<\/p>\n

Nh\u01b0ng, trong khi m\u1ee5c ti\u00eau l\u1ea1m ph\u00e1t l\u00e0 h\u01b0\u1edbng t\u1edbi t\u01b0\u01a1ng lai, m\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung s\u1ebd xem x\u00e9t c\u00e1c thay \u0111\u1ed5i v\u1ec1 gi\u00e1 trong qu\u00e1 kh\u1ee9 v\u00e0 cam k\u1ebft s\u1ebd \u0111\u1ea3o ng\u01b0\u1ee3c m\u1ecdi sai l\u1ec7ch t\u1ea1m th\u1eddi kh\u1ecfi l\u1ea1m ph\u00e1t so v\u1edbi t\u1ec9 l\u1ec7 l\u1ea1m ph\u00e1t m\u1ee5c ti\u00eau.\u00a0 \u00a0 \u00a0 \u00a0<\/p>\n

V\u00ed d\u1ee5 n\u1ebfu l\u1ea1m ph\u00e1t gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi 2% m\u1ed9t th\u1eddi gian trong qu\u00e1 kh\u1ee9, ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng s\u1ebd b\u00f9 \u0111\u1eafp b\u1eb1ng c\u00e1ch t\u1ea1m th\u1eddi \u0111\u1eb7t m\u1ee5c ti\u00eau l\u1ea1m ph\u00e1t l\u00ean tr\u00ean 2% cho \u0111\u1ebfn khi l\u1ea1m ph\u00e1t trung b\u00ecnh trong c\u1ea3 giai \u0111o\u1ea1n tr\u1edf v\u1ec1 m\u1ee9c 2%. \u00a0\u00a0<\/i><\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m M\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung\u00a0<\/font><\/h3>\n

V\u1ec1 m\u1eb7t l\u00ed thuy\u1ebft, m\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung <\/b>hi\u1ec7u qu\u1ea3 h\u01a1n so v\u1edbi m\u1ee5c ti\u00eau l\u1ea1m ph\u00e1t v\u00ec n\u00f3 ch\u00ednh x\u00e1c h\u01a1n. Song, m\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung c\u0169ng nguy hi\u1ec3m h\u01a1n do h\u1eadu qu\u1ea3 c\u1ee7a vi\u1ec7c b\u1ecf l\u1ee1 c\u00e1c m\u1ee5c ti\u00eau gi\u00e1 c\u1ea3 l\u1edbn h\u01a1n.\u00a0<\/p>\n

N\u1ebfu l\u1ea1m ph\u00e1t cao b\u1ea5t ng\u1edd trong n\u0103m, gi\u00e1 c\u1ea3 s\u1ebd bu\u1ed9c ph\u1ea3i h\u1ea1 xu\u1ed1ng trong n\u0103m t\u1edbi. \u00a0\u00a0<\/p>\n

V\u00ed d\u1ee5 n\u1ebfu gi\u00e1 d\u1ea7u t\u0103ng \u0111\u1ed9t bi\u1ebfn l\u00e0m t\u0103ng l\u1ea1m ph\u00e1t t\u1ea1m th\u1eddi, ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng nh\u1eafm m\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung s\u1ebd ph\u1ea3i th\u1eaft ch\u1eb7t ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7, ngay c\u1ea3 khi \u0111ang c\u00f3 suy tho\u00e1i kinh t\u1ebf.\u00a0<\/i><\/p>\n

Tr\u00e1i ng\u01b0\u1ee3c, v\u1edbi\u00a0ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng\u00a0nh\u1eafm m\u1ee5c ti\u00eau l\u1ea1m ph\u00e1t, th\u01b0\u1eddng xem s\u1ef1 ki\u1ec7n n\u00e0y l\u00e0 m\u1ed9t s\u1ef1 gia t\u0103ng l\u1ea1m ph\u00e1t t\u1ea1m th\u1eddi.\u00a0<\/p>\n

M\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung c\u00f3 xu h\u01b0\u1edbng l\u00e0m t\u0103ng c\u00e1c bi\u1ebfn \u0111\u1ed9ng trong t\u1ec9 l\u1ec7 l\u1ea1m ph\u00e1t v\u00e0 khu\u1ebfch \u0111\u1ea1i c\u00e1c\u00a0chu k\u00ec kinh t\u1ebf, \u0111\u00f3 l\u00e0 l\u00ed do t\u1ea1i sao kh\u00f4ng c\u00f3 ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng n\u00e0o th\u1ef1c hi\u1ec7n ch\u00ednh s\u00e1ch nh\u1eafm m\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung k\u1ec3 t\u1eeb khi Th\u1ee5y \u0110i\u1ec3n th\u1eed nghi\u1ec7m n\u00f3 v\u00e0o nh\u1eefng n\u0103m 1930. \u00a0\u00a0<\/p>\n

M\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung \u1edf L\u00e3i su\u1ea5t gi\u1edbi h\u1ea1n kh\u00f4ng\u00a0<\/font><\/h3>\n

V\u1edbi\u00a0l\u00e3i su\u1ea5t danh ngh\u0129a\u00a0g\u1ea7n b\u1eb1ng gi\u1edbi h\u1ea1n kh\u00f4ng \u1edf nhi\u1ec1u qu\u1ed1c gia, vi\u1ec7c nh\u1eafm m\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung <\/b>\u0111\u00e3 tr\u1edf th\u00e0nh m\u1ed9t v\u1ea5n \u0111\u1ec1 th\u1eddi s\u1ef1. V\u1edbi gi\u1ea3 \u0111\u1ecbnh k\u00ec v\u1ecdng l\u1ea1m ph\u00e1t v\u1eabn \u0111\u01b0\u1ee3c neo \u1edf m\u1ee9c kh\u00f4ng gi\u1edbi h\u1ea1n, m\u1ed9t\u00a0c\u00fa s\u1ed1c c\u1ea7u\u00a0ti\u00eau c\u1ef1c s\u1ebd d\u1eabn \u0111\u1ebfn l\u00e3i su\u1ea5t th\u1ef1c t\u0103ng d\u01b0\u1edbi ch\u00ednh s\u00e1ch m\u1ee5c ti\u00eau l\u1ea1m ph\u00e1t.\u00a0<\/p>\n

Th\u1eadm ch\u00ed n\u1ebfu c\u00e1c h\u1ed9 gia \u0111\u00ecnh v\u00e0 c\u00e1c c\u00f4ng ty ngh\u0129 r\u1eb1ng ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 kh\u00f4ng c\u00f2n t\u00e1c d\u1ee5ng v\u00e0 k\u00ec v\u1ecdng l\u1ea1m ph\u00e1t c\u1ee7a h\u1ecd c\u00e0ng gi\u1ea3m, l\u00e3i su\u1ea5t th\u1ef1c s\u1ebd c\u00f2n t\u0103ng h\u01a1n n\u1eefa, l\u00e0m t\u0103ng nguy c\u01a1 suy tho\u00e1i kinh t\u1ebf. \u00a0\u00a0<\/p>\n

Ng\u01b0\u1ee3c l\u1ea1i, m\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung t\u1ea1o ra m\u1ed9t \u0111\u1ed9ng l\u1ef1c kh\u00e1c cho c\u00e1c k\u00ec v\u1ecdng l\u1ea1m ph\u00e1t khi m\u1ed9t n\u1ec1n kinh t\u1ebf b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi c\u00fa s\u1ed1c c\u1ea7u ti\u00eau c\u1ef1c.<\/p>\n

N\u1ebfu m\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung l\u00e0 l\u1ea1m ph\u00e1t 2%, th\u00ec k\u00ec v\u1ecdng r\u1eb1ng l\u1ea1m ph\u00e1t s\u1ebd t\u0103ng l\u00ean tr\u00ean 2% v\u00ec m\u1ecdi ng\u01b0\u1eddi \u0111\u1ec1u tin r\u1eb1ng ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng cam k\u1ebft s\u1ebd b\u00f9 \u0111\u1eafp s\u1ef1 thi\u1ebfu h\u1ee5t trong n\u1ec1n kinh t\u1ebf. \u0110i\u1ec1u n\u00e0y s\u1ebd l\u00e0m t\u0103ng \u00e1p l\u1ef1c l\u00ean gi\u00e1 c\u1ea3, l\u00e0m gi\u1ea3m l\u00e3i su\u1ea5t th\u1ef1c v\u00e0 k\u00edch th\u00edch t\u1ed5ng c\u1ea7u. \u00a0\u00a0<\/i><\/p>\n

M\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung c\u00f3 d\u1eabn \u0111\u1ebfn t\u0103ng tr\u01b0\u1edfng GDP trong m\u00f4i tr\u01b0\u1eddng gi\u1ea3m ph\u00e1t cao h\u01a1n so v\u1edbi m\u1ee5c ti\u00eau l\u1ea1m ph\u00e1t hay kh\u00f4ng, ph\u1ee5 thu\u1ed9c ch\u1ee7 y\u1ebfu v\u00e0o vi\u1ec7c n\u1ec1n kinh t\u1ebf c\u00f3 tu\u00e2n theo m\u00f4 h\u00ecnh Keynes m\u1edbi hay kh\u00f4ng.\u00a0<\/p>\n

M\u00f4 h\u00ecnh Keynes m\u1edbi cho r\u1eb1ng gi\u00e1 c\u1ea3 v\u00e0 ti\u1ec1n l\u01b0\u01a1ng s\u1ebd \u0111i\u1ec1u ch\u1ec9nh ch\u1eadm v\u1edbi c\u00e1c bi\u1ebfn \u0111\u1ed9ng kinh t\u1ebf trong ng\u1eafn h\u1ea1n, v\u00e0 m\u1ecdi ng\u01b0\u1eddi \u0111\u1ec1u k\u00ec v\u1ecdng m\u1ee9c l\u1ea1m ph\u00e1t \u1edf m\u1ee9c duy l\u00ed. \u00a0 <\/i><\/p>\n

(Theo Investopedia)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n M\u1ee5c ti\u00eau m\u1ee9c gi\u00e1 chung (ti\u1ebfng Anh: Price Level Targeting) l\u00e0 m\u1ed9t khung ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c s\u1ef1 \u1ed5n \u0111\u1ecbnh v\u1ec1 gi\u00e1 c\u1ea3 trong n\u1ec1n kinh t\u1ebf.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[414],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/23767"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=23767"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/23767\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=23767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=23767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=23767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}