|
|
Hicks-neutral |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Hicks-neutralSaid of a technological change or technological difference if production functions differ by scaling of output only: F2(V)=lF1(V), where F1(·) and F2(·) are the production functions being compared, V is a vector of factor inputs, and l>0 is a constant.Similar MatchesNeutral hedgeNeutral hedgeHedge that is expected to yield a dollar-neutral result of the combined position, regardless of price change in any part of the hedge securities. For any convertible trading at a premium, this ratio is less than 100%. The higher the convertible premium, the lower a ratio must be to be neutral. See: Delta. NeutralNeutralDescribing an opinion that is neither bearish not bullish. Neutral option strategies are generally designed to perform best if there is little or no net change in the price of the underlying stock or index. See also Bearish and Bullish. NeutralNeutral1. Said of a technological change or technological difference if it is not biased in favor of using more or less of one factor than another. This can be defined in several different ways that are not normally equivalent: Hicks-neutral, Harrod-neutral, and Solow-neutral. 2. Said of economic growth if it expands actual or potential output of all goods at the same rate, not being biased in favor of one over another. In the Heckscher-Ohlin Model neutral growth will occur all factor endowments grow at the same rate or if there is Hicks Neutral technological progress at the same rate in all industries. 3. Said of a trade regime if the structure of protection favors neither exportables nor importables. See bias. Neutral stockNeutral stockA stock with a beta of 1.0. Delta neutralDelta neutralA position where the sum of the deltas of the component legs adds up to 0. Further SuggestionsRisk neutralHarrod neutral Delta neutral Tax neutrality Market Neutral Neutral period Solow neutral |
|
|
|