Panel Data
Definition and meaning of panel data in economic research and analysis
Partial Autocorrelation Function
A detailed examination of the partial autocorrelation function (PACF), explaining its meaning and significance in time series analysis.
Period of Gestation
The time period between the initiation of an investment project and the beginning of its production phase.
Piecework
The system of pay by which a worker's wages are proportional to the quantity of output produced.
Points (Change in Index)
Understanding the concept of points as a measure of change in economic indices.
Private Network
A network accessible only to the members of the entity that owns this network
Pareto Law
An economic principle stating that 80 percent of effects come from 20 percent of causes.