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Risk factor |
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Risk factorIn arbitrage pricing theory or the multibeta capital asset pricing model, the set of common factors that impact returns, e.g., market return, interest rates, inflation, or industrial production.Risk factor Similar MatchesFactor augmentingFactor augmentingSaid of a technological change or technological difference if production functions differ by scaling of a factor input only: F2(V1,V2)=F1(lV1,V2), where F1(·) and F2(·) are the production functions being compared, V1 is the factor being augmented, V2 is a vector of all other factor inputs, and l is a constant. Total factor productivityTotal factor productivityA measure of the output of an industry or economy relative to the size of all of its primary factor inputs. The term, and its acronym TFP, often refers to the growth of this measure, as measured by the Solow residual. See also Hicks-neutral technical progress. Factor intensityFactor intensityThe relative importance of one factor versus others in production in an industry, usually compared across industries. Most commonly defined in by ratios of factor quantities employed at common factor prices, but sometimes by factor shares or by marginal rates of substitution between factors. Factor price equalizationFactor price equalizationThe tendency for trade to cause factor prices in different countries to become identical. Ohlin (1933) argued that trade would bring factor prices closer together. Samuelson (1948, 1949) showed formally the circumstances under which they would actually become equal. Factor spaceFactor spaceA graph in which the axes measure quantities of factors. Further SuggestionsFactor Proportions ModelSingle factor model Factor content Amortization factor Factor movement Common factor Currency factor Factor cost Factor price frontier Tariff factory price earnings growth factor Factor mobility Footloose factor Multifactor model Pool factor Specific factors model Direct-plus-indirect factor content Annuity factor Factor content pattern of trade Direct factor content Specific factor Factor bias Factor-price space Abundant factor Factor abundance |
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