BALASSA-SAMUELSON EFFECT
Countries with higher wage and higher real exchange rates have high productivity growth. The effect postulates the rise in wages in the tradable foods sectors of an emerging economy also leads to higher wages in nontradable sector of that economy. Increase in inflation results to higher inflation rates in faster growing nations unlike in growing developed countries. Economists Bela Balassa and Paul Samuelson proposed this in 1963.
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Equalization Payments
Payment the federal government made to an individual, province, or state to offset monetary imbalances between several parts of the country or indi ...
Seller
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SLL
SLL is the abbreviation for the currency in the Republic of Sierra Leone which is the Sierra Leone leone.
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Margin of error in a statistical and/or mathematical model created when the model fails to fully depict the actual connection between the independe ...
Treasury Bill - T-Bill
Short-term debt obligation with a maturity of less than one year. Backed by the US government, these debts are sold in denominations from $1,000 up ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
| 07:00 | Economy Watchers Survey | Oct | |
| 10:30 | New Yuan Loans | Oct | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | M2 Money Supply + CD | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 08:00 | Prelim Machine Tool Orders | Oct | |
| 09:00 | CPI | Oct | |
| 09:00 | Harmonized CPI | Oct |
