by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Hyperinflation?Hyperinflation is exceptionally fast or unmanageable increase in prices (inflation) within an economy. Statistically, hyperinflation occurs when a country’s inflation rate exceeds 50 percent over the period of a month.What Causes...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Harmonized Index of Consumer Prices?The Harmonized Index of Consumer Prices (HICP) is an index used by the European Central Bank to measure inflation by measuring the prices of common household commodities across the European Union.Who Created the...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the European Capital Markets Institute?The European Capital Markets Institute (ECMI) is an autonomous research institute that performs research and studies on European capital markets and related issues. The ECMI was established in 1993. It is overseen by the...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is an Exchange Stabilization Fund (ESF)?The Exchange Stabilization Fund (ESF) is a U.S. Department of Treasury crisis fund that holds U.S. dollars, other remote monetary forms, and special drawing rights (SDR) reserves. These assets enable the Treasury to...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Emergency Economic Stabilization Act of 2008 (EESA)?In 2008, Congress took bailout measures to repair the damage from the subprime mortgage crisis and passed the EESA. This authorized the government to buy out $700 billion in troubled assets from banks and...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Endogenous Growth Theory?The endogenous theory is a financial theory which argues that financial or economic growth is generated from internal (rather than external) procedures and inputs. The theory notes that productivity can be improved by the efficiency of...
