A unit-free measure of the reliability of a statistic, defined by the absolute value of the ratio of the standard error to the sample estimate of the statistic, expressed as a percentage.
An economic term that involves various forms of financial assistance or support, often in the context of debt relief or mortgage interest relief.
The act of going back on a promise, contract, or bargain in economic contexts.
An overview of renewable energy and its significance in economics.
Natural or man-made resources that are replenishable at least as fast as they are consumed or used up
Definition and exploration of rent-seeking behaviors in economics.
Housing wherein the occupant pays rent to the owner for residence use.
A game that is repeated a number of times in future periods, influencing strategy and reputation considerations among participants.
The method of valuing assets and calculating depreciation allowances using the costs of replacing buildings and equipment.
The pension of a retired person as a proportion of income when in employment.
A detailed look at the concept of a representative firm in economics, its underlying assumptions, and analytical frameworks.
Definition and analysis of required rate of return as a critical concept in investment finance.
The fixing by manufacturers of minimum prices at which their products may be resold by distributors.
Definition and analysis of the concept of debt rescheduling and its implications in economics.
A policy in India that reserves a proportion of public jobs and education seats for disadvantaged or under-represented groups.
Definition and meaning of the term 'reservation price' in economics
Definition and implications of the term Reservation Utility
A required minimum proportion between a bank’s reserve assets and its deposits and other liabilities.
An overview of the Reserve Bank of India, its roles, history, functions, and significance in the Indian economy.
A currency used as foreign exchange reserves by other countries.
The proportion of the total assets of a bank held as reserves.
An overview of reserve requirements as part of monetary policy and banking regulation.
A key element in the International Monetary Fund's (IMF) lending mechanism representing the first quarter of a member's quota available under specific conditions.
An overview of the Ramsey regression equation specification error test (RESET) and its implications in econometrics.
An in-depth analysis of the term 'residual' in the context of economics and econometrics.
A capacity of an economy, a community, or an individual to cope with economic losses caused by an extraordinary adverse shock.
An economic paradox where countries with abundant natural resources experience less economic growth and worse development outcomes.
Practices affecting the ability of firms to compete freely in markets; may include customer discrimination, exclusive dealing, and market-sharing agreements.
A UK court established under the Restrictive Trade Practices Acts to assess if restrictive trading agreements served the public interest; abolished in 1998.
This entry describes the Retail Price Index (RPI), focusing on its definition, historical context, and various economic frameworks used to analyze it.
Understanding the concept of retail sales and its economic significance.
A policy change made to punish another firm or country for its actions.
A comprehensive overview of retractable bonds, their function, importance, and implications in the context of various economic frameworks.
An exploration of the term returns and its various forms in economics, including constant returns to scale, decreasing returns to scale, increasing returns to scale, and returns to scale.
A comprehensive overview of revaluation in economics, detailing its definition, historical development, and relevance within various economic frameworks.
Information about preferences revealed by economic choices.
A group of methods of obtaining a monetary value for non-marketable goods and services, including hedonic pricing, wage premia, and travel costs.
A tariff mainly imposed as a source of government revenue instead of assisting domestic producers.
Explanation of the term 'right-hand-side variable,' a term used in statistical regression analysis.
The preference for a certain pay-off rather than a risky pay-off with the same expected value in economic decision-making.
Definition and Meaning of Risk Avoidance in Economics
Capital invested in new and untried projects with a significant chance of loss, typically associated with venture capital investment.
Elimination or mitigation of negative consequences of risk through identification, analysis, and strategic measures.
An in-depth look at risk premium, its definition, and applications in economics.
A strategy aimed at mitigating the damage resulting from or the likelihood of the occurrence of an unfavourable outcome of a risky activity.
Acceptance of the favourable or unfavourable outcome of a risky activity
The distribution of risk among different economic agents to achieve optimal financial outcomes and mitigate individual exposure to losses.
Definition and concepts surrounding the method of evaluating investment returns in relation to risk.
Examination of the concept of being risk-averse, its definition, historical context, and major analytical frameworks.
The rate of return on a risk-free asset, typically exemplified by short-term government debt instruments.
Exploring the concept of risk-neutrality in economics, highlighting its definitions, key frameworks, and applications.
A method for valuing financial assets using risk-neutral probabilities and the risk-free rate of return.
Understanding the concept of loan roll-overs, their occurrences, and implications in the financial sector.
An economic association formed in the UK in 1890 promoting the study of economic science.
A comprehensive overview of the historical and economic significance of the 'Rules of the Game' under the gold standard.
A proposition concerning the effects on output in a two-good, two-factor economy resulting from an increase in one factor of production.
Definition and in-depth explanation of the concept of a saddle point in economics.
Analysis of workplace safety, its historical context, and implications within various economic frameworks.
A fixed compensation for the supply of labor services paid on a regular basis, usually annually quoted and paid monthly or semi-monthly.
A detailed exploration of the term 'sample' in economic studies, its significance, and various analytical frameworks.
A fundamental principle in welfare economics that describes Pareto-efficient allocations in an economy with public goods.
A decision-making strategy that aims at reaching an adequate outcome rather than an optimal outcome
An overview of the saving ratio, a crucial economic metric that represents household savings as a proportion of gross disposable income.
Explanation of the economic concept: saving(s) and its components
A function that relates saving to its various determinants, both at the individual and aggregate levels.
The property of being in excess demand at a zero price, leading to a positive equilibrium price.
A set of assumptions on policy choices and the values of exogenous variables to determine future economic developments.
An exploration of the search model in economics, focusing on the optimal decision-making of agents facing choices with random pay-offs and costly delays.
A component of time series describing the periodic changes in a variable within a year due to various factors.
A form of price discrimination where different units of a product are sold at different prices, typically through bulk discounts and commodity-bundling.
An in-depth exploration of second-order approximation, highlighting its theoretical foundations and applications in various economic models.
A comprehensive examination of the term 'sector' within the domain of economics, covering various delineations and their implications.
A loan where the creditor has a claim on some particular part of the debtor’s assets in the event of default.
A regulatory body set up to oversee UK financial markets.
Detailed analysis and explanation of the term 'securities market,' also known as the stock exchange.
Definition of seigniorage, the profits made from issuing money, commonly referred to as the inflation tax.
A comprehensive look at self-assessment in the context of tax systems.
A system that autonomously returns to equilibrium after deviations.
Financing a business without recourse to borrowing or share issues.
Expectations which induce actions that bring about the anticipated situation.
A market condition where sellers have an advantage due to high demand and limited supply.
An exploration of sectors particularly concerned about market and job loss through import competition.
An equilibrium in which agents with different characteristics choose different actions.
A UK procedure by which assets can be temporarily frozen by court order.
Comprehensive entry on Serial Correlation, its meanings, context, and analytical frameworks in economics.
A contractual agreement for the provision of specified services.
The parts of the economy providing services to individuals and businesses, encompassing sectors such as healthcare, entertainment, and professional services.
The duration of time during which a product or an asset remains functional and can be used.
The act of completing the trade required in a contract to pay for or deliver goods, securities, or currency.
The risk that other parties may fail to fulfill their side of bargains causing potential losses.
An exploration of shadow banks—financial intermediaries that operate outside traditional banking regulations to provide credit-facilitating services.
An exploration of the Shadow Economy, an unregulated portion of the economy usually involving income and operations outside official oversight.
The process of removing resources from some sector of the economy.
A process for determining a fair allocation in a cooperative game, using the Shapley value concept.
A comprehensive entry on the ownership units of a company, detailing types, rights, and regulations.
An index of the prices of shares of specific types in stock exchanges
Definition and meaning of the term 'sharecropper' in economics and its historical and analytical contexts.
