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Definitions
Koyck transformation
Econometrics
Time Series Analysis
Geometric Lag
A method used to transform an infinite geometric lag model into a finite model with a lagged dependent variable.
Read more about Koyck transformation.
Definitions
Law of One Price
Economics
Market Theory
Arbitrage
An economic theory stating that the price of a given asset or good will have the same price when exchange rates are accounted for.
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Definitions
Lerner Index
Lerner Index
Monopoly Power
Market Power
Elasticity of Demand
Definition and meaning of the Lerner index, a measure of monopoly power in economics.
Read more about Lerner Index.
Definitions
Liberal Trade Policy
Trade Policy
International Trade
Economics
Definition and explanation of liberal trade policy in economics
Read more about Liberal Trade Policy.
Definitions
Liquidity Risk
Liquidity Risk
Finance
Asset Management
Market
The risk arising from the possibility that there will be no active market for the assets held by an economic agent.
Read more about Liquidity Risk.
Definitions
Lishu
Economics
China
Government Control
State-Owned Enterprises
Private Enterprises
The affiliation of a firm in China with various levels of government.
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Definitions
Listing
Listing
Stock Exchange
Financial Markets
Listing Agreement by a stock exchange to allow a company’s shares to be traded.
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Definitions
Log-Rolling - Definition and Meaning
Log-Rolling
Public Expenditures
Strategic Voting
Legislative Cooperation
Political Economy
Detailed exploration of log-rolling, a practice in legislative bodies involving strategic voting to pass measures benefiting specific constituencies.
Read more about Log-Rolling - Definition and Meaning.
Definitions
Marginal Physical Product
Marginal Physical Product
Economics
Production Theory
An in-depth exploration of the economic term 'marginal physical product,' its definition, applications, and relevance.
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Definitions
Marginal Rate of Substitution
Economics
Microeconomics
Consumer Behavior
A detailed entry explaining the marginal rate of substitution, its importance, and its interpretation in economics.
Read more about Marginal Rate of Substitution.
Definitions
Marginal Revenue
Marginal Revenue
Microeconomics
Revenue Analysis
The concept of marginal revenue and its role in economics
Read more about Marginal Revenue.
Definitions
Market Equilibrium - Definition and Meaning
Market Equilibrium
Supply and Demand
Economics
Microeconomics
Exploration and understanding of market equilibrium, where supply and demand in a market are equal at the prevailing price.
Read more about Market Equilibrium - Definition and Meaning.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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