An irredeemable bond that pays interest indefinitely.
A method to estimate a country’s total capital stock by accounting for past real investments and depreciation.
Definition of persistence and its significance in time series analysis, particularly focusing on serial correlation or autocorrelation.
Personal income after deduction of income tax and social security payments.
A comprehensive definition and analysis of the Personal Investment Authority (PIA)
A loan typically provided to individuals without the need for specific collateral, used for financing substantial personal expenses.
The part of the economy consisting of households, unincorporated businesses, life assurance and pension funds, and private non-profit-making bodies.
An in-depth analysis of the Peso Crisis, its origins, and implications on the global economy.
The currency of a country heavily dependent on oil exports. The exchange rate of a petro-currency is strongly influenced by the world price of oil.
Economic surpluses from oil-exporting countries invested abroad in US dollar-denominated securities.
A flexible approach to retirement characterized by a gradual decrease in work commitments, often through part-time or short-term contracts, rather than an abrupt exit from the labor force.
