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BP-Curve |
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BP-CurveIn the Mundell-Fleming model, the curve representing balance of payments equilibrium. It is normally upward sloping because an increase in income increases imports while an increase in the interest rate increases capital inflows. The curve is used under pegged exchange rates for effects on the balance of payments and under floating rates for effects on the exchange rate.Similar MatchesNegative yield curveNegative yield curveWhen the yield on a short-term security is higher than the yield on a long-term security, partially because high interest rates are creating a greater demand for short-term borrowing. Community indifference curveCommunity indifference curveOne of a family of indifference curves intended to represent the preferences, and sometimes the well-being, of a country as a whole. This is a handy tool for deriving quantities of trade in a two-good model, although its legitimacy depends on the existence of community preferences, which in turn requires very restrictive assumptions. See Leontief (1933). Theoretical spot rate curveTheoretical spot rate curveA curve derived from theoretical considerations as applied to the yields of actually yields Treasury debt securities, because there are no yields Treasury yields yields with a yields greater than one year. Like the yields curve, this is a graphic depiction of the yields. Elastic offer curveElastic offer curveAn offer curve along which import demand is always elastic. It is therefore not backward bending. Contrasts with inelastic offer curve. Learning curveLearning curveA relationship representing either average cost or average product as a function of the accumulated output produced. Usually reflecting learning by doing, the learning curve shows cost falling, or average product rising. Further SuggestionsCompensated demand curveDeath Valley Curve Phillips Curve Social indifference curve Steepening of the yield curve Production possibility curve Demand curve Flattening of the yield curve Parallel shift in the yield curve Lorenz Curve Riding the yield curve Transformation curve Contract curve Inverted yield curve Indifference curve Spot rate curve Offer curve Stopping curve refunding rate Stopping curve Scitovszky indifference curve IS-Curve Reciprocal demand curve Option Pricing Curve J-curve Inelastic offer curve |
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