A detailed account of the concept of a medium of exchange in economics.
A security with a maturity period of between 5 and 15 years when first issued
A bank that belongs to a clearing system or, in the US, a bank that is part of the Federal Reserve System
An exploration of the concept, causes, and economic implications of the menu costs of inflation.
A Latin American common market established in 1991 by Argentina, Brazil, Paraguay, Uruguay, and Venezuela, aimed at promoting economic integration and free trade among member states.
An economic theory popular in the 16th to 18th centuries that viewed a nation’s supply of capital as the determinant of welfare.
The part of the balance-of-payments accounts referring to visible trade, or merchandise imports and exports.
Merchant Bank deals mainly with the financing of international activities of firms.
A combination of two or more firms into a single new firm, involving the consolidation of assets and liabilities and division of shares among original shareholders.
Merit goods are goods or services whose consumption is deemed beneficial for society beyond the immediate individual benefits, often warranting government intervention.
An estimator of the unknown parameters of a distribution obtained by solving equations equating moments of distribution to their sample counterparts.
Microeconometrics: Analytical Tools for Individual-Level Economic Data
