J-curve


 

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J-curve

The dynamic path followed by the balance of trade in response to a devaluation, which typically causes the trade balance to worsen before it improves, tracing a path that looks like a letter "J".



Similar Matches

Yield curve

Yield curve

A curve which plots current yields of fixed interest securities against their times to redemption (maturity). This enables investors to compare the yields of short, medium and long term securities at a given time.


Inelastic offer curve

Inelastic offer curve

An offer curve with inelastic demand for imports. That inelasticity implies that exports decline as imports increase, and it therefore means that the offer curve is backward bending. Strictly speaking, the natural definition of an offer curve's elasticity would be negative in this case, not just less than one, but that definition is seldom used.


Theoretical spot rate curve

Theoretical spot rate curve

A 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.


Offer curve

Offer curve

A curve showing, for a two-good model, the quantity of one good that a country will export (or "offer") for each quantity of the other that it imports. Also called the reciprocal demand curve, it is convenient for representing both exports and imports in the same curve and can be used for analyzing tariffs and other changes.


IS-Curve

IS-Curve

In the IS-LM model, the curve representing the combinations of national income and interest rate at which aggregate demand equals supply for all goods. It is normally downward sloping because a rise in income increases output by more than aggregate demand (through consumption), while a rise in the interest rate reduces aggregate demand through investment.


Further Suggestions

Scitovszky indifference curve
Social indifference curve
LM-Curve
Learning curve
Steepening of the yield curve
Kuznets Curve
Positive yield curve
Demand curve
Forward curve
Iso-price curve
Lorenz Curve
Environmental Kuznets Curve
BP-Curve
Supply curve
Production possibility curve
Indifference curve
Trade indifference curve
Reciprocal demand curve
Laffer curve
Parallel shift in the yield curve
Flattening of the yield curve
Compensated demand curve
Negative yield curve
Death Valley Curve
Reaction curve


 
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