GENERAL EQUILIBRIUM THEORY
Explains supply and demand fundamentals in an economy with many interacting markets, aiming to prove all prices at equilibrium. It evaluates the mechanism in which the choices of economic agents are coordinated throughout all markets. This is different from partial equilibrium theory as it endeavors to look at various markets simultaneously, not a single market in isolation.
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Housing Bubble
A run-up in housing prices fueled by demand, speculation and the belief that recent history is an infallible forecast of the future. Housing bubble ...
Low Exercise Price Option - LEPO
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Callable Security
A security with an enclosed call provision that gives the person who issues to redeem or repurchase the security by a particular period. Since the ...
Shadowing
Shadowing is the creation of values for variables that are not dependent strictly to market value. This means that these variable have market value ...
Pass-Through Rate
Pass-through rate is the net
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