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Relative Purchasing Power Parity

A form of purchasing power parity (PPP) that, contrary to the absolute purchasing power parity, takes market imperfections into account,...

    LCAPM

    It stands for local capital asset pricing model; a capital asset pricing model (CAPM) that is premised on that investors hold...

      SBA

      An acronym for stand-by arrangement; an economic program (lending facility) of the International Monetary Fund (IMF) whereby a financial aid...

        Stand-By Arrangement

        An economic program (lending facility) of the International Monetary Fund (IMF) whereby a financial aid is extended to a member...

          Exit Bond

          A bond which is often issued by a low-rated debtor country to a creditor bank in lieu of bank credit...

            ERPT

            It stands for exchange rate pass-through; a measure of the responsiveness of international prices to changes in exchange rates (local...

              Exchange-Rate Pass Through

              A measure of the responsiveness of international prices to changes in exchange rates (local vs. foreign currencies). It reflects the...

                International CAPM

                A capital asset pricing model (CAPM) that is based on international diversification of risk across different countries. It incorporates factors...

                  World CAPM

                  A capital asset pricing model (CAPM) that is based on international diversification of risk across different countries. It incorporates factors...

                    ICAPM

                    A capital asset pricing model (CAPM) that is based on international diversification of risk across different countries. It incorporates factors...