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LCAPM

It stands for local capital asset pricing model; a capital asset pricing model (CAPM) that is premised on that investors hold...

SBA

An acronym for stand-by arrangement; an economic program (lending facility) of the International Monetary Fund (IMF) whereby a financial aid...

ERPT

It stands for exchange rate pass-through; a measure of the responsiveness of international prices to changes in exchange rates (local...

ICAPM

A capital asset pricing model (CAPM) that is based on international diversification of risk across different countries. It incorporates factors...

MacPPP

A price index (introduced by The Economist in 1986) that uses the McDonald's Big Mac sandwich as a bundle of...

MYRAs

MYRA stands for multiyear restructuring agreement; a bank debt rescheduling tool, originally introduced in 1984-1985, which provides creditor banks of...

LOP

It stands for law of one price; the idea that the price of a commodity denominated in a specific currency...