Official Financing
The official element in the balance of payments used to address discrepancies in a country’s current and capital account balances.
Offshore Fund
A descriptive entry providing an in-depth understanding of offshore funds, their contexts, and implications
Optimal Taxation
An overview of optimal taxation, its theoretical underpinnings, and its applications in various economic paradigms.
Occupational Pension
A comprehensive guide to understanding occupational pensions, their types, funding mechanisms, and historical significance.
Over-subscription
The situation when the number of shares applied for in a new issue exceeds the number on offer.
Open Market Operations
The Purchase or Sale of Securities by the Central Bank to Influence Interest Rates and Money Supply
Optimum Tariff
Understanding the concept of an optimum tariff and its implications in international trade economics.
Omitted Variable Bias
Explanation and implications of omitted variable bias in linear regression analysis.
Opportunity Cost
The concept of opportunity cost deals with the cost of an opportunity forgone, measured by the benefits of the best alternative option.
Overfull Employment
Understanding the concept of overfull employment and its implications in economics