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shadow price

   Also found in: Wikipedia 0.01 sec.
shadow price
n
(Economics) Economics the calculated price of a good or service for which no market price exists


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Organizer Richard Frank, of Harvard Medical School and NBER, chose the following papers to discuss: Ming Tai-Seale, Texas A&M University, and Tom McGuire, Harvard University, "Time is Up: The Increasing Shadow Price of Time in Primary Care Office Visits" R.
In this case, even though banks are subject to the required reserve constraint, the true value of the reserve for liquidity services might not be captured using only the shadow price of the required reserve constraint.
But compared to peak or shadow price a year or two ago, price has fallen.
 
 
 
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