An overview of the term 'base money,' also known as the monetary base, and its significance in economics.
The period whose data are identified with an index of 100 (or sometimes 1) for the construction of an index number.
An overview of the base rate, its definition, and its implications in economics and banking.
International risk-based capital adequacy standards established for banks in 1988 by the Basel Committee on Banking Supervision.
An entry explaining Basel II, the second Basel Agreement, aimed at creating an international standard on capital adequacy.
An economic projection illustrating how the economy would develop if existing trends and policies continue unchanged.
Measurement unit for changes or differences in interest rates, equal to 1 per cent of 1 percentage point.
A method of production where output emerges in discrete quantities, ensuring uniform pattern and quality for specific quantities, but variable characteristics across different orders.
A game theory concept illustrating gains from coordination and the difficulties in achieving it
A foundational relationship in probability theory that connects conditional probabilities with marginal probabilities.
An approach to estimation and inference in econometrics using probability distributions to express uncertainty about parameters.
An approach to hypothesis testing that assesses which of two hypotheses, the null (H0) or the alternative (H1), is more likely to be correct, considering prior knowledge.
