recalculation

If you look you can see the perspective recalculation is a bit off

EXTRALIFE – By Scott Johnson - This demonstration made me a little giddy. 2005

Note that in a basket peg the recalculation is a totally independent concept from the 0.3% gap and one should not confused the two. e.g. the daily adjustment/change can be 3% away from yesterday if that is what the market says (e.g., if USD depreciates vs EUR by 7%, and USD weight is 70%(USD weight):30%(EUR/non USD). then the daily adjustment is 7%/70%x30%=3% so that the basket weighted average is unchanged.)

Archive 2005-07-01 Sun Bin 2005

Note that in a basket peg the recalculation is a totally independent concept from the 0.3% gap and one should not confused the two. e.g. the daily adjustment/change can be 3% away from yesterday if that is what the market says (e.g., if USD depreciates vs EUR by 7%, and USD weight is 70%(USD weight):30%(EUR/non USD). then the daily adjustment is 7%/70%x30%=3% so that the basket weighted average is unchanged.)

How does the new RMB peg work? Sun Bin 2005

See my posts on recalculation aka structural unemployment due to malinvestment here.

US Market Commentary from Seeking Alpha 2010

But in a readjustment, what Arnold Kling calls a recalculation, there's a case to be made for some real wages to fall.

Library of Economics and Liberty 2010

Avent and Yglesias suggest that Kling is making up his own macro but the innovation is simply to call the adjustment process "recalculation," to give it a more...

EconLog: Fiscal Policy Archives 2009

Avent and Yglesias suggest that Kling is making up his own macro but the innovation is simply to call the adjustment process "recalculation," to give it a more...

EconLog: Macroeconomics Archives 2009

That is, monetary shocks can cause cyclical unemployment and "recalculation" shocks can cause structural unemployment also.

Not Your Father's Real Business Cycle, Arnold Kling | EconLog | Library of Economics and Liberty 2009

"We are seeking a credit or some kind of recalculation of their taxes because they have been overpaying taxes for four years now, because of a system that the court has said is illegal," said Mr. Driscoll.

post-gazette.com - News 2010

Arnold Kling is calling a "recalculation", gimmicks like Cash for Clunkers or the first-time home buyer's incentive which temporarily shore up industries which don't have a lot of near term (or possibly even any) growth potential, are only temporary fixes in a declining or stagnant economy.

The Glittering Eye 2009