Tag: nber

Knowledge Economy

DefinitionThe knowledge economy is the use of knowledge to generate tangible and intangible values. Technology, and in particular, knowledge technology, helps to incorporate part...

Halo Effect

Halo Effect What is the 'Halo Effect' The halo effect is a term used in marketing to explain the bias shown by...

Illiquid Option

Illiquid Option What is 'Illiquid Option' An option contract that cannot be sold for cash quickly at the prevailing market price. Illiquid...

Implied Call

Implied Call What is 'Implied Call' A right given to mortgage borrowers that allows them to call or pay-back a loan at...

National Bureau of Economic Research (NBER)

National Bureau of Economic Research (NBER) What is 'National Bureau of Economic Research - NBER' This private, non-profit, non-partisan research organization's main...

Odious Debt

DefinitionIn international law, odious debt, also known as illegitimate debt, is a legal theory that says that the national debt incurred by a despotic...

Mean Reversion

Mean Reversion What is the Mean Reversion? Mean reversion is a theory according to which the prices return back to the mean. This mean...

Malfeasance

DefinitionMisfeasance, nonfeasance, and malfeasance are types of failure to discharge public obligations existing by common law, custom, or statute. Malfeasance What is 'Malfeasance'...

Safe Asset

Safe Asset What is 'Safe Asset' Assets which, in and of themselves, do not carry a high likelihood of lawsuit risk. Mere...

Blockchain

Blockchain Blockchain is a public ledger that contains all the transaction done in Bitcoin that have been executed till date. Since there are...

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