4 Results for Tag: convergence

Law Of One Price

DefinitionThe law of one price constitutes the basis of the theory of purchasing power parity, an assumption that in some circumstances it would cost exactly the same number of, for example,

A. Michael Spence

DefinitionAndrew Michael Spence is an American economist and recipient of the 2001 Nobel Memorial Prize in Economic Sciences, along with George Akerlof and Joseph E. Stiglitz, for their work

MACD – Moving Average Convergence Divergence

MACD - Moving Average Convergence Divergence The MACD is a stock market indicator that plays a crucial part in the technical analysis of the market. The MACD is basically the study of price

Maastricht Treaty

Maastricht Treaty What is the 'Maastricht Treaty' The Maastricht Treaty is the treaty that is responsible for the creation of the European Union, signed in Maastricht, a city in the Nether