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One factor APT |
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One factor APTA special case of the arbitrage pricing theory that is derived from the one-factor model by using diversification and arbitrage. It shows that the expected return on any risky asset is a linear function of a single factor.One factor APT Similar MatchesFactor intensity reversalFactor intensity reversalA property of the technologies for two industries such that their ordering of relative factor intensities is different at different factor prices. For example, one industry may be relatively capital intensive compared to the other at high relative wages and labor intensive at low relative wages. Some propositions of the Heckscher-Ohlin Model require the absence of FIRs. Pool factorPool factorThe outstanding principal balance divided by the original principal balance with the result expressed as a decimal. Pool factors are published monthly by the Bond Buyer newspaper for Ginnie Mae, Fannie Mae, and Freddie Mac (Federal Home Loan Mortgage Corporation) MBSs. Factor proportionsFactor proportions1. The ratios of factors employed in different industries. See factor intensities. 2. The ratios of factors with which different countries are endowed. See factor endowments. Discount factorDiscount factorPresent value of $1 received at a stated future date. Scarce factorScarce factorThe factor in a country's endowment with which it is least well endowed, relative to other factors, compared to other countries. May be defined by quantity or by price. Further SuggestionsInternational factor movementFactor share Factor-price space Present value factor Single factor model Net benefit to leverage factor factoring Factor price frontier Factor movement Factor-saving Multifactor model Factor content Risk factor Factor accumulation Factor bias Old line factoring Annuity factor Factor abundance Factor content pattern of trade Factor Price Equalization Theorem Factor intensity Total factor productivity Conversion factors Factor augmenting Factor market |
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