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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...

Internal PP

It stands for internal purchasing power; the internal purchasing power of a currency is the amount of goods and services...