A method of deciding whether a proposed change in the economy should be made based on specific criteria evaluating gains and losses.
An entry exploring the scope, historical background, and multifaceted aspects of welfare economics.
Definition and meaning of the welfare state in economics
An entity or investor that acquires a company to save it from an unwanted takeover.
A stochastic process with zero mean, constant variance, and zero autocorrelation
A stochastic process with zero mean, constant variance, and zero autocorrelation
A UK government publication generally intended as a prelude to legislation, contrasted with a green paper meant to stimulate public discussion.
A diagnostic tool for detecting heteroscedasticity in regression analysis, utilizing regressions of squared OLS residuals.
Banking by institutions which specialize in dealing with other financial institutions, large firms, and wealthy individuals.
The prices of goods dealt with on a wholesale basis, important for economic indicators and analyses.
The sale of goods to distributors, rather than the general public.
