Tag: theory

The word corporation represents an organization, which works completely separately from its owners, and it is in itself a legal body capable of presenting...

What is a 'Gap' A gap is a break between prices on a chart that occurs when the price of a stock makes a sharp...

Any resource which has an economic value is termed as an asset. An asset is controlled by either an individual or an organization in...

Investment refers to buying financial assets with the expectation of earning profit in the future. The underlying asset is purchased not for immediate consumption,...

DefinitionKey money is one of several forms of payment made to a landlord. The term has various meanings in different parts of the world....

What is 'Above Full-Employment Equilibrium' A macroeconomic term used to describe the real gross domestic product (GDP) is currently in excess of...

DefinitionThe January barometer is the hypothesis that stock market performance in January predicts its performance for the rest of the year. So if the...

DefinitionJames McGill Buchanan Jr. was an American economist known for his work on public choice theory, for which he received the Nobel Memorial Prize...

DefinitionThe Jarrow–Turnbull credit risk model was published by Robert A. Jarrow of Kamakura Corporation and Cornell University and Stuart Turnbull, currently at the University...

What is 'James Tobin' An American economist who won the Nobel Memorial Prize in Economics in 1981 for his analysis of financial...