Economics/Glossary: Difference between revisions

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imported>Nick Gardner
imported>Nick Gardner
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{{subpages}}
{{subpages}}


: ''Further explanations of some of the terms in this glossary are provided in the article in which they occur - which can be located using the [[Economics/Related Articles#Index|economics index]]''


:''The [[Financial system/Related Articles#Glossary|finance glossary]] and the [[Banking/Related Articles#Glossary|banking glossary]] define some specialised terms that are not included in this glossary''
:''The [[Financial system/Related Articles#Glossary|finance glossary]] and the [[Banking/Related Articles#Glossary|banking glossary]] define some specialised terms that are not included in this glossary''
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{{r|Austrian School of economics}}
{{r|Austrian School of economics}}
{{r|Automatic stabilisers}}
{{r|Automatic stabilisers}}


==B==
==B==
{{r|Bad bank|"Bad bank"}}
{{r|Bad bank|"Bad bank"}}
{{r|Balance sheet recession}}
{{r|Banking panic}}
{{r|Banking panic}}
{{r|Monetary base|Base money}}
{{r|Monetary base|Base money}}
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{{r|Bill of Exchange}}
{{r|Bill of Exchange}}
{{r|Bond (finance)}}
{{r|Bond (finance)}}
{{r|BRICs}}
{{r|Broad money}}
{{r|Broad money}}
{{r|Broker}}
{{r|Broker}}
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{{r|Budget balance}}
{{r|Budget balance}}
{{r|Budget deficit}}
{{r|Budget deficit}}
[[Economics/Glossary#A|'''(RETURN)''']]


==C==
==C==
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{{r|CDS spread}}
{{r|CDS spread}}
{{r|Central Bank}}
{{r|Central Bank}}
{{r|Closed shop}}
{{r|Commercial bank}}
{{r|Commercial bank}}
{{r|Complex interactive system}}
{{r|Complex interactive system}}
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{{r|Currency board}}
{{r|Currency board}}
{{r|Cyclically-adjusted budget deficit}}
{{r|Cyclically-adjusted budget deficit}}
[[Economics/Glossary#A|'''(RETURN)''']]


==D==
==D==
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{{r|Deleveraging}}
{{r|Deleveraging}}
{{r|Demand shock}}
{{r|Demand shock}}
{{r|Debt aversion}}
{{r|Debt intolerance}}
{{r|Destocking}}
{{r|Destocking}}
{{r|Direct investment}}
{{r|Direct investment}}
{{r|Discount window}}
{{r|Discount window}}
{{r|Discount_rate}}
{{r|Discount_rate}}
{{r|Disposable income}}
{{r|Dollarization}}
{{r|Dollarization}}
{{r|Downturn (economic)}}
{{r|Downturn (economic)}}
[[Economics/Glossary#A|'''(RETURN)''']]


==E==
==E==
{{r|Econometrics}}
{{r|Econometrics}}
{{r|Economic model}}
{{r|Economic rent}}
{{r|Economic rent}}
{{r|Economic system}}
{{r|Economic system}}
{{r|Economy}}
{{r|Effective exchange rate}}
{{r|Efficient market hypothesis}}
{{r|Efficient market hypothesis}}
{{r|Endogenous (economics)}}
{{r|Endogenous (economics)}}
{{r|Euro}}
{{r|Euro}}
{{r|European Central Bank}}
{{r|European Central Bank}}
{{r|European Monetary Union}}
{{r|European Union}}
{{r|Eurozone}}
{{r|Evolutionary stable strategy}}
{{r|Evolutionary stable strategy}}
{{r|Excessive deficit procedure}}
{{r|Exchange rate protectionism}}
{{r|Exchange rate protectionism}}
{{r|Exogenous}}
{{r|Exogenous}}
{{r|Expected value}}
{{r|Externality}}
{{r|Externality}}
[[Economics/Glossary#A|'''(RETURN)''']]


==F==
==F==
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{{r|Financial_regulator}}
{{r|Financial_regulator}}
{{r|Fiscal}}
{{r|Fiscal}}
{{r|Fiscal balance}}
{{r|Fiscal expansion}}
{{r|Fiscal expansion}}
{{r|Fiscal policy}}
{{r|Fiscal gap}}
{{r|Fiscal gap}}
{{r|Fiscal instability}}
{{r|Fiscal policy}}
{{r|Fiscal space}}
{{r|Fiscal space}}
{{r|Fiscal stability}}
{{r|Fiscal stimulus}}
{{r|Fiscal stimulus}}
{{r|Fiscal sustainability}}
{{r|Fiscal sustainability}}
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{{r|Full employment}}
{{r|Full employment}}
{{r|Full employment deficit}}
{{r|Full employment deficit}}
[[Economics/Glossary#A|'''(RETURN)''']]


==G==
==G==
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{{r|Goods (economics)}}
{{r|Goods (economics)}}
{{r|Great moderation}}
{{r|Great moderation}}
{{r|Growth and stability pact}}
{{r|G7 countries}}
{{r|G7 countries}}


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{{r|Hicks-Hansen model}}
{{r|Hicks-Hansen model}}
{{r|High-powered money}}
{{r|High-powered money}}
[[Economics/Glossary#A|'''(RETURN)''']]


==I==
==I==
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{{r|Infrastructure (economics)}}
{{r|Infrastructure (economics)}}
{{r|Impossibility theorem}}
{{r|Impossibility theorem}}
{{r|IMF}}
{{r|Insolvency}}
{{r|Insolvency}}
{{r|Instrumentalism}}
{{r|Interbank market}}
{{r|Interbank market}}
{{r|Internal rate of return}}
{{r|Internal rate of return}}
{{r|International Monetary and Finance Committee}}
{{r|International Monetary Fund}}
{{r|Investment bank}}
{{r|Investment bank}}
{{r|IS-LM model}}
{{r|IS-LM model}}
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{{r|Kaldor-Hicks criterion}}
{{r|Kaldor-Hicks criterion}}
{{r|Kurtosis}}
{{r|Kurtosis}}
{{r|Labour force}}
{{r|Learning curve}}
{{r|Learning curve}}
{{r|Lender of last resort}}
{{r|Lender of last resort}}
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{{r|Liquidity trap}}
{{r|Liquidity trap}}
{{r|Lorenz curve}}
{{r|Lorenz curve}}
{{r|Loss aversion}}
[[Economics/Glossary#A|'''(RETURN)''']]


==M==
==M==
{{r|Macroeconomics}}
{{r|Macroprudential}}
{{r|Marginal cost}}
{{r|Marginal cost}}
{{r|Marginal product}}
{{r|Marginal product}}
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{{r|Market risk}}
{{r|Market risk}}
{{r|Means test}}
{{r|Means test}}
{{r|Merchandise trade}}
{{r|Monetary base}}
{{r|Monetary base}}
{{r|Monetisation (of public debt)}}
{{r|Monetisation (of public debt)}}
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{{r|Money supply}}
{{r|Money supply}}
{{r|Moral hazard}}
{{r|Moral hazard}}
[[Economics/Glossary#A|'''(RETURN)''']]


==N==
==N==
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{{r|OECD}}
{{r|OECD}}
{{r|OECD countries}}
{{r|OECD countries}}
{{r|Okun's law}}
{{r|Output gap}}
{{r|Output gap}}
[[Economics/Glossary#A|'''(RETURN)''']]


==P,Q==
==P,Q==
{{r|Pareto efficiency}}
{{r|Pareto efficiency}}
{{r|PIIGS}}
{{r|Portfolio (finance)}}
{{r|Portfolio (finance)}}
{{r|Positive feedback}}
{{r|Positive feedback}}
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{{r|Primary budget balance}}
{{r|Primary budget balance}}
{{r|Prime rate}}
{{r|Prime rate}}
{{r|Procyclical}}
{{r|Protection}}
{{r|Protection}}
{{r|Public choice theory}}
{{r|Public choice theory}}
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{{r|Quantitative easing}}
{{r|Quantitative easing}}
{{r|Qualitative easing}}
{{r|Qualitative easing}}
[[Economics/Glossary#A|'''(RETURN)''']]


==R==
==R==
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{{r|Redemption yield}}
{{r|Redemption yield}}
{{r|Rent-seeking}}
{{r|Rent-seeking}}
{{r|Representative agent assumption}}
{{r|Reserve ratio}}
{{r|Reserve ratio}}
{{r|Restocking}}
{{r|Restocking}}
{{r|Ricardian equivalence}}
{{r|Ricardian equivalence}}
{{r|Risk aversion}}
{{r|Risk premium}}
{{r|Risk premium}}
{{r|Run (banking)}}
{{r|Run (banking)}}
[[Economics/Glossary#A|'''(RETURN)''']]


==S==
==S==
{{r|Sacrifice ratio}}
{{r|Sacrifice ratio}}
{{r|Savings ratio}}
{{r|SDR}}
{{r|Securitisation}}
{{r|Securitisation}}
{{r|Selling short}}
{{r|Selling short}}
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{{r|Special drawing right}}
{{r|Special drawing right}}
{{r|Spread}}
{{r|Spread}}
{{r|Stability and growth pact}}
{{r|Standard deviation}}
{{r|Standard deviation}}
{{r|Standardised budget deficit}}
{{r|Standardised budget deficit}}
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{{r|Swap contract}}
{{r|Swap contract}}
{{r|Systemic failure (finance)}}
{{r|Systemic failure (finance)}}
[[Economics/Glossary#A|'''(RETURN)''']]


==T,U,V,W,X,Y,Z==
==T,U,V,W,X,Y,Z==
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{{r|Time inconsistency}}
{{r|Time inconsistency}}
{{r|Tobin tax}}
{{r|Tobin tax}}
{{r|Transfer payment}}
{{r|Unemployment}}
{{r|Unemployment trap}}
{{r|Unemployment trap}}
{{r|Utility}}
{{r|Utility}}
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{{r|Variance}}
{{r|Variance}}
{{r|Warrant}}
{{r|Warrant}}
{{r|Wealth (economics)}}
{{r|Welfare (economics)}}
{{r|Welfare (economics)}}
{{r|Yield (finance)}}
{{r|Yield (finance)}}
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{{r|Yield spread}}
{{r|Yield spread}}
{{r|Zarnowitz rule}}
{{r|Zarnowitz rule}}
[[Economics/Glossary#A|'''(RETURN)''']]

Revision as of 03:57, 16 June 2010

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https://en.citizendium.org/wiki/index.php?title=Economics/Glossary&printable=yes
Glossary of terms related to Economics.


The finance glossary and the banking glossary define some specialised terms that are not included in this glossary

A

  • Adverse selection [r]: a partial market failure that occurs when there are traders who take advantage of asymmetric information, raising uncertainty and leading to a reduction in the value of its products. [e]
  • Agency cost [r]: Add brief definition or description
  • Applied statistics [r]: the practice of collecting and interpreting numerical observations for the purpose of generating information. [e]
  • Arbitrage [r]: transactions to take advantage of a price differences of a product in different markets by buying where it is cheap and selling where it is dear. The possibility of arbitrage often prevents the occurrence of price differences. [e]
  • Asset price bubble [r]: The condition of an asset market in which price is governed by speculators' expectations that it will increase. [e]
  • Asymmetric information [r]: a situation in which a seller has information that is not available to potential buyers - or vice-versa. [e]
  • Austrian School of economics [r]: A school of economists who reject the tenets of macroeconomics and oppose the practice of collective economic management; and whose methodology concentrates upon the decisions of individuals and the operation of the market mechanism. [e]
  • Automatic stabilisers [r]: the tendency in times of falling economic activity for the government spending to rise, and for tax receipts to fall - and the reverse tendency in times of rising economic activity [e]

B

  • "Bad bank" [r]: A subsidiary, or separate corporation, created to hold and manage non-performing assets transferred to it by a rescued bank. [e]
  • Banking panic [r]: A widespread fear of insolvency because of uncertainty concerning the true value of banking assets. [e]
  • Base money [r]: currency in circulation plus bank vault cash plus deposits held by banks at the central bank (termed "high-powered money" in the US, and referred to as M0 in the UK). [e]
  • Basis point [r]: (bp) one hundredth of a percentage point . [e]
  • Bill (finance) [r]: {a) A loan with a duration of no more than a year (b)a documentary record of short-term indebtedness. [e]
  • Bill of Exchange [r]: A written order to pay the holder a stated sum of money at a stated date (otherwise known as a "draft", the person who is paid being termed the "drawer"). [e]
  • Bond (finance) [r]: a fixed-interest security issued by governments, companies, banks and others. [e]
  • Broad money [r]: cash, current account deposits in banks and other financial institutions, savings deposits and time-restricted deposits (see also high-powered money). [e]
  • Broker [r]: Individual or firm that provides investment advise to clients and executes their buying and selling instructions, usually by acting as a market maker. [e]
  • Bubble (economics) [r]: A surge in prices that raises expectations of further increases, so generating further increases: a process that continues until confidence falters, the bubble "bursts" and prices rapidly revert to an objectively-based level. [e]
  • Budget balance [r]: Add brief definition or description
  • Budget deficit [r]: Add brief definition or description

C

D

E

F

G

H

I

J,K,L

M

N

O

P,Q

R

S

T,U,V,W,X,Y,Z

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