Economics

A clawback is a contractual provision whereby money already paid to an employee must be returned to an employer or benefactor, sometimes with a penalty.…

X-inefficiency refers to the degree of efficiency maintained by firms under conditions of imperfect competition. It is the divergence of a firm’s observed behavior in…

Productive efficiency is concerned with producing goods and services with the optimal combination of inputs to produce maximum output for the minimum cost. It is…

Allocative efficiency is a characteristic of an efficient market where capital is assigned in a way that is most beneficial to the parties involved. It…

Contract theory is the study of how people and organizations construct and develop legal agreements. In economics, contract theory studies how economic actors can and…

The contract curve is the set of Pareto efficient allocations in an economy. In microeconomics, the contract curve is the set of points representing final…

Capitalism is an economic system in which private individuals or businesses own capital goods. Consumer capitalism refers to the manipulation of consumers to purchase a…

The natural rate of interest also referred to as the neutral interest rate, is the interest rate which is consistent with sustaining economic growth and…

A negative interest rate policy, or NIRP, is a phenomenally utilized money related arrangement apparatus where a central bank will set objective loan fees at…

In order to stimulate the economy and encourage economic development, expansionary policy is a form of macroeconomic policy that is introduced. It is often referred…

Platform capitalism refers to the activities of companies such as Google, Facebook, Apple, Microsoft, Uber, Airbnb, and others to operate as platforms. All around us,…

A follow-on public offering (FPO) facilitates the promoters of a company already listed through an exchange-based bidding platform to sell or dilute their existing shares.…