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Evaluating the Financial Instability Hypothesis : A Positive and Normative Analysis of Leveraged Risk-Taking and Extrapolative Expectations
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When does Monetary Policy Matter? Not all Policy Statements are Alike
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Exchange rates (daily parities) - 2025-07-11
Bridging the Gap in Macroeconomic Analysis of the Energy Transition: Combining Medium- and Long-Term Approaches
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m
Margin rate
A measure of the level of profitability of a company or sector. In national accounting, the ratio of gross operating surplus to value added.
r
Real rate
The real or “economic” cost of credit (as opposed to the nominal or “financial” cost), which is calculated by deducting observed or expected inflation from the nominal interest rate.
t
Terminal rate
The maximum rate reached at the end of a phase of policy rate hikes by the central bank.