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29 Results for 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 of human kn

Halo Effect

Halo Effect What is the 'Halo Effect' The halo effect is a term used in marketing to explain the bias shown by customers toward certain products because of a favorable experience with othe

Illiquid Option

Illiquid Option What is 'Illiquid Option' An option contract that cannot be sold for cash quickly at the prevailing market price. Illiquid options have very low or no open interest. Expl

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 any time. The call is implied, as it is included in most mortgages un

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 aim is to promote grea

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 regime should not be enforceable. Such

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 can be the usual average of the price or any other aver

Malfeasance

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

Safe Asset

Safe Asset What is 'Safe Asset' Assets which, in and of themselves, do not carry a high likelihood of lawsuit risk. Mere ownership of this type of asset does not expose the asset owner to

Blockchain

Blockchain Blockchain is a public ledger that contains all the transaction done in Bitcoin that have been executed till date. Since there are new set of recordings added to it every day, th
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