Tag: keynesian

DefinitionKeynesian economics are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced...

What is a Keepwell Agreement A Keepwell Agreement is a contract between a parent company and its subsidiary stating that the subsidiary will not be...

What is 'Katie Couric Clause' A slang term for a controversial proposed clause from a Securities and Exchange Commission (SEC) rule (formally...

A negative interest rate policy (NIRP) is a monetary policy that is used by central banks to keep negative rates in the country. The...

DefinitionNormal backwardation, also sometimes called backwardation, is the market condition wherein the price of a commodities' forward or futures contract is trading below the...

DefinitionThe paradox of thrift is a paradox of economics. The paradox states that an increase in autonomous saving leads to a decrease in aggregate...

DefinitionIn monetary economics, the quantity theory of money states that the general price level of goods and services is directly proportional to the amount...

What is 'Wage-Price Spiral' The wage-price spiral is a macroeconomic theory used to explain the cause-and-effect relationship between rising wages and rising...

What is 'Dead Money' A slang term for money invested in a security with minor hopes of appreciation or earning a return....

DefinitionIn underconsumption theory in economics, recessions and stagnation arise due to inadequate consumer demand relative to the amount produced. It means that there is...