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  • The Financial Encyclopedia
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Stagflation

In economics, stagflation or recessionary inflation is a situation characterized by high inflation rates, slow economic growth rate, and persistently...

    Long-Term Inflation

    The rate of inflation that does not take into consideration certain items that are characterized by sudden or shortlived (short-term)...

      Core Inflation

      The rate of inflation that does not take into consideration certain items that are characterized by sudden or shortlived price...

        NP NFA

        An acronym for non-produced non-financial asset; an economic resource that is available or has come into existence without human intervention...

          Non-Produced Non-Financial Asset

          A non-produced non-financial asset (NP NFA) is an economic resource that is available or has come into existence without human...

            EDF

            It stands for endogenous discount factor; an approach that endogenizes the discount factor. It is a type of preference formulation...

              Endogenous Discount Factor

              An approach that endogenizes the discount factor. It is a type of preference formulation that is used in an infinite...

                Unit of Account

                One of the functions of money. A unit of account represents a standard numerical "nominal" monetary unit (a currency as...

                  Death Spiral

                  A situation that describes a market heading for a collapse or state of complete malfunctioning due to deterioration in economic...

                    Monetary Death Spiral

                    A situation that arises when a government continuously attempts through its policies (particularly monetary policies) to drive up economic growth...