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Comparative credit analysis |
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Comparative credit analysisComparing a firm to others that have a desired target debt rating in order to deduce an appropriate financial ratio target.Comparative credit analysis Similar MatchesComparative staticComparative staticRefers to a comparison of two equilibria from a static model, usually differing by the effects of a single small change in an exogenous variable. Comparative advantageComparative advantageThe ability to produce a good at lower cost, relative to other goods, compared to another country. In a Ricardian model, comparison is of unit labor requirements; more generally it is of relative autarky prices. With perfect competition and undistorted markets, countries tend to export goods in which they have comparative advantage. See also absolute advantage. Due to Ricardo (1815). Chain of comparative advantageChain of comparative advantageA ranking of goods or countries in order of comparative advantage. With two countries and many goods, goods can be ranked by comparative advantage (e.g., by relative unit labor requirements in the Ricardian model). A country's exports will then lie nearer one end of the chain than its imports. With two goods, many countries can be ordered similarly. Comparative market analysisComparative market analysisAn estimate of the value of a property based on an analysis of sales of properties with similar characteristics. Dynamic comparative advantageDynamic comparative advantageA changing pattern of comparative advantage over time due to changes in factor endowments or technology. Further SuggestionsKaleidoscope comparative advantageRevealed comparative advantage Comparative advantage Law of Comparative Advantage |
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