JOSEPH STIGLITZ
An American neo-Keynesian economist who received the 2001 Nobel Memorial Prize in Economics for his work on analyzing the market using information asymmetry. He was also awarded the John Bates Clark Medal. A notorious critic of the International Monetary Fund, Stiglitz has written several books and articles.
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Shogun Bond
Shogun Bond is also referred to as ‘geisha bonds’. It is kind of foreign-currency denominated bond. It is issued by foreign entities in ...
Ambulance Chaser
A term for lawyers who rush contact persons involved in an accidents. It is often use to increase the payments to the victims. Insurance companies ...
Core Deposits
Deposits in a bank’s general market area. Banks depend on core deposits to stabilize their funds for their lending base. Such deposits offer ...
Nominalism
Nominalism is the principle of keeping the amount of a debt obligation fixed in spite of fluctuations the purchasing power or exchange rate of mone ...
Insured Bond
Bond with interest and principal payments guaranteed by a private insurance company. Usually, insured bonds are seen as a feature of municipal bond ...
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Ethical Investing: Leaving an Ethical Imprint
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What is the Standard Moving Cost?
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