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Equilibrium rate of interest |
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Equilibrium rate of interestThe interest rate that clears the market. Also called the trade-clearing interest rate.Equilibrium rate of interest Similar MatchesComputable general equilibriumComputable general equilibriumRefers to economic models of microeconomic behavior in multiple markets of one or more economies, solved computationally for equilibrium values or changes due to specified policies. The equations are anchored with data from the countries being modeled, while behavioral parameters are either assumed or adapted from estimates elsewhere. Two cone equilibriumTwo cone equilibriumA free-trade equilibrium in the Heckscher-Ohlin Model in which prices are such that all goods cannot be produced within a single country, and instead there are two diversification cones. This, or a multi-cone equilibrium, will arise if countries' factor endowments are sufficiently dissimilar compared to factor intensities of industries. Contrasts with one cone equilibrium. EquilibriumEquilibriumThe stable state of the system. See: Attractor. EquilibriumEquilibrium1. A state of balance between offsetting forces for change, so that no change occurs. 2. In competitive markets, equality of supply and demand. General equilibriumGeneral equilibriumEquality of supply and demand in all markets of an economy simultaneously. The number of markets does not have to be large. The simplest Ricardian model has markets only for two goods and one factor, labor, but this is a general equilibrium model. Contrasts with partial equilibrium. Further SuggestionsEquilibrium exchange rateEquilibrium position One cone equilibrium Market equilibrium Equilibrium level Partial equilibrium Multi-cone equilibrium Balance of payments equilibrium Disequilibrium Equilibrium price Nash equilibrium |
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