Vacancy
A comprehensive look at vacancies in the job market and their impacts on economics.
Vacancy Rate
An exploration of the vacancy rate, its significance in labor market analysis, and its connection to the Beveridge curve.
Valuation: Determination of Asset Worth
An elucidation on the process of determining the current worth of real and financial assets.
Value
Comprehensive overview and analytical dimensions of the term 'Value' in economics, with various economic frameworks and comparative analysis.
Value Added
An exploration of the economic term 'value added', its significance, and its role in national income.
Value at Risk (VaR)
A measure of the potential loss in value of an asset or portfolio over a defined period for a given confidence interval
Value Index
An explanation of the Value Index in economics, including its definition, calculation, and practical applications.
Value Judgement
An exploration of value judgement in economics, distinguishing normative from positive economics.
Value of the Physical Increase in Stocks and Work in Progress
The economic measure representing the part of the total increase in value of stocks and work in progress resulting from changes in their quantities, distinguishing from price revaluation changes.
Value-Added Tax (VAT)
A comprehensive entry on the value-added tax (VAT), its meaning, historical context, definitions, analytical frameworks, and related concepts.
Value-Subtracting Industry
An industry where the value of output is less than that of purchased inputs, making the value added negative.
Valuer
A professional who estimates the price of goods if sold, frequently engaged during the transfer of stock from one proprietor to another.
VAR: Vector Autoregressive Model
An overview of the Vector Autoregressive (VAR) model, its definitions, contexts, and applications within economics.
Variable
A comprehensive look at what constitutes a variable in economics, including different classifications and their roles in economic models
Variable Cost
Definition and Meaning of Variable Cost in Economics
Variable Factor Proportions
Understanding variable factor proportions in production processes and their economic implications.
Variable Rate Note
Variable Rate Note - Definition and Meaning
Variance
A measure of dispersion of probability distribution
Variance in Economic and Financial Analysis
A measure of dispersion of probability distribution
Variance–Covariance Matrix
Overview of the variance–covariance matrix in economics and statistics, covering definitions, concepts, and analysis frameworks.
Variation
Variation in economics, including its various applications and contexts.
Variety
An entry on the economic concept of variety, particularly in reference to goods differentiated by specification or brand name.
VAT
A detailed exploration of the concept, history, frameworks, and applications of Value-Added Tax (VAT)
VAT Registration
The procedure whereby firms are added to the value-added tax (VAT) register.
VAT Return
A report documenting a firm’s sales of goods and services subject to value-added tax (VAT), required from firms registered for VAT.
Vector Autoregressive (VAR) Model
A generalization of the univariate model of an autoregressive process to a system of equations describing multivariate time series.
Vector Error Correction Model
An advanced econometric model for analyzing multivariate non-stationary time series.
Vehicle Currency
An economic term denoting a currency widely used in international trade transactions between countries that do not use that currency domestically.
Velocity of Circulation
The frequency with which a unit of currency circulates in the economy for transactions over a specific period.
Venture Capital
Capital invested in new or small businesses, with a high risk of loss, essential for enabling entrepreneurship.
Vertical Equity
Vertical equity refers to the principle that people in more advantageous positions should contribute more to society, particularly in the context of taxation.
Vertical Integration
The combination in one firm of two or more stages of production usually operated by separate firms.
Vertical Merger
A merger between two firms where one is a major supplier of the other.
Visible Balance
An explanation of the term 'Visible Balance' in economics, detailing its meaning, historical context, and its role within various economic frameworks.
Visible Trade
A comprehensive insight into the concept of visible trade within economics.
Voice
The expression of preferences by participation in the decision-making process.
Volatility
An overview of volatility, its meaning in finance, and how it is measured.
Volume Index
An index of the real level of production or consumption in a certain economy or part of it.
Voluntary Exchange
Detailed exploration of the concept of voluntary exchange within the field of economics.
Voluntary Export Restraint
An examination of voluntary export restraints (VERs), their purposes, mechanisms, and historical application in international trade.
Voluntary Unemployment
A comprehensive analysis of voluntary unemployment, its causes, and implications in economic theory.
Voting
A detailed exploration of voting as a method of group decision-making, its mechanisms, and comparative aspects across economic thought.
Voting Share
An ordinary share in a company giving the owner the right to vote at the company’s general meetings.
Voucher
A certificate usable in place of money for specific purposes, such as education or housing.