Glossary
Macro terms, data terms, and platform terms in one place
Search matches term names, aliases, categories, and definitions.
Platform-specific workflow terms are marked separately from standard macro vocabulary.
Macro foundations
The horizon where capacity, productivity, demographics, and institutions matter more than short-run frictions.
The horizon where adjustment frictions, policy timing, and demand conditions can move the economy away from its longer-run path.
Prices and inflation
Slow adjustment in prices or wages that lets shocks have real short-run effects.
Models and projections
A long-run relationship that ties nonstationary series together even when they move separately in the short run.
