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Goodwin model (economics) This is the aspect of the model that can loosely be associated with the "class struggle" portion of its name, however, this kind of Phillips curve can be found in many Macroeconomic models. The workers' share in output is "u", which by definition is Hence the growth rate of the workers' share ... | https://en.wikipedia.org/wiki?curid=19809492 |
Goodwin model (economics) These two lines (along with parameter restrictions which ensure that neither u nor v can go higher than 1) divide the positive orthant into four regions. The figure below indicates with arrows the movement of the economy in each region. For example the north-western region (high employment, lo... | https://en.wikipedia.org/wiki?curid=19809492 |
Michael Perelman (economist) Michael Perelman (born October 1, 1939) is an American economist and economic historian, currently professor of economics at California State University, Chico. Perelman has written 19 books, including "Railroading Economics", "Manufacturing Discontent", "The Perverse Economy", and "The Inv... | https://en.wikipedia.org/wiki?curid=19838831 |
Michael Perelman (economist) Although perceiving flaws in Marx's work as it is typically interpreted in the context of its modern reading, Perelman writes that "Marx’s crisis theory was far more sophisticated than many modern readers had realized," focusing on an interpretation that is largely bypassed by many readers ... | https://en.wikipedia.org/wiki?curid=19838831 |
Dynamic mode decomposition (DMD) is a dimensionality reduction algorithm developed by Peter Schmid in 2008. Given a time series of data, DMD computes a set of modes each of which is associated with a fixed oscillation frequency and decay/growth rate. For linear systems in particular, these modes and frequencies are ana... | https://en.wikipedia.org/wiki?curid=19858814 |
Dynamic mode decomposition These snapshots are assumed to be related via a linear mapping that defines a linear dynamical system that remains approximately the same over the duration of the sampling period. Written in matrix form, this implies that where formula_7 is the vector of residuals that accounts for behaviors ... | https://en.wikipedia.org/wiki?curid=19858814 |
Dynamic mode decomposition In total, where formula_24 is the companion matrix The vector formula_26 can be computed by solving a least squares problem, which minimizes the overall residual. In particular if we take the QR decomposition of formula_27, then formula_28. In this form, DMD is a type of Arnoldi method, and t... | https://en.wikipedia.org/wiki?curid=19858814 |
Dynamic mode decomposition Then multiplying both sides of the equation above by formula_48 yields formula_49, which can be manipulated to obtain Because formula_8 and formula_40 are related via similarity transform, the eigenvalues of formula_24 are the eigenvalues of formula_8, and if formula_31 is an eigenvector of f... | https://en.wikipedia.org/wiki?curid=19858814 |
Dynamic mode decomposition For a more comprehensive list, see Tu et al. The wake of an obstacle in the flow may develop a Kármán vortex street. The Fig.1 shows the shedding of a vortex behind the trailing edge of a profile. The DMD-analysis was applied to 90 sequential Entropy fields and yield an approximated eigenvalu... | https://en.wikipedia.org/wiki?curid=19858814 |
Dynamic mode decomposition A DMD analysis is performed with 21 synthetically generated fields using a time interval formula_80, limiting the analysis to formula_81. The spectrum is symmetric and shows three almost undamped modes (small negative real part), whereas the other modes are heavily damped. Their numerical val... | https://en.wikipedia.org/wiki?curid=19858814 |
Occupational privilege tax Various state and local taxing authorities in the US require an employer or the employee to withhold and remit a tax on the wages paid to an employee. Some states require both the employer and employee to remit a portion of the total occupational privilege tax (OPT), while others only require... | https://en.wikipedia.org/wiki?curid=19863563 |
Allyson Pollock is a doctor who is a consultant in public health medicine and was the Director of the Institute of Health and Society, Newcastle University. She is an academic who is known for her research into, and opposition to, part privatisation of the UK National Health Service (NHS) via the Private Finance Initia... | https://en.wikipedia.org/wiki?curid=19889059 |
Allyson Pollock In their statements of evidence, and her co-researcher Mark Hellowell argue that capital investment through PFI creates a large public sector cash liability. For example, they say that the £5.2billion of PFI investment in Scotland has created a public sector cash liability of £22.3bn. This cash liabilit... | https://en.wikipedia.org/wiki?curid=19889059 |
Allyson Pollock They take one example of an NHS project in which one of the risks theoretically being transferred was that the target for clinical cost savings would not be met. The cost of this risk was estimated at £5m. However, in practice the private consortium had no responsibility for ensuring that there would ac... | https://en.wikipedia.org/wiki?curid=19889059 |
Allyson Pollock She cited research from Ireland which found that in children of secondary school age the rate of injury in rugby was three times higher than other sports. In the course of a season, children have a 20% chance of concussion or bone fracture and one in seven parents have considered withdrawing their child... | https://en.wikipedia.org/wiki?curid=19889059 |
David Prychitko David L. Prychitko (born June 22, 1962) is an American economist of the Austrian School. Prychitko is a critic of Marxism, but defends the idea of workers' self-managed firms in a freed market system. Prychitko is a tenured professor at Northern Michigan University. Prychitko was born in Evergreen Park,... | https://en.wikipedia.org/wiki?curid=19923114 |
David Prychitko After receiving his doctorate, Prychitko conducted post-doctoral research on a Fulbright Grant in the Philosophical Faculty at the University of Zagreb, in Zagreb, Croatia (1989). While there he had also participated in several courses at the Inter-University Centre of Postgraduate Studies in Dubrovnik,... | https://en.wikipedia.org/wiki?curid=19923114 |
David Prychitko Additionally, he held the Cecil and Ida Green Chair in Economics at Texas Christian University in Fort Worth, Texas (2003–2004). Prychitko has been a faculty member in the Department of Economics at Northern Michigan University since 1997. Non-professionally, Prychitko was a college-radio blues disc joc... | https://en.wikipedia.org/wiki?curid=19923114 |
CAPRI model The CAPRI (Common Agricultural Policy Regionalised Impact) model is a tool for exante impact assessment of agricultural and international trade policies with a focus on the European Union. As an economic partial comparative static equilibrium model for agriculture, its core consists of two interlinked modul... | https://en.wikipedia.org/wiki?curid=19971905 |
CAPRI model CAPRI is maintained by a network of different European research institutions and managed by teams from Institute for Food and Resource Economics at the University of Bonn, Agrifood Economics Centre at the Swedish University of Agricultural Sciences, Johann Heinrich von Thünen Institute in Braunschweig, Germ... | https://en.wikipedia.org/wiki?curid=19971905 |
Lead arranger The lead arranger, or the mandated lead arranger (MLA), is the investment bank or underwriter firm that facilitates and leads a group of investors in a syndicated loan for major financing. The lead arranger assigns parts of the new issue to other underwriters for placement and usually takes the largest pa... | https://en.wikipedia.org/wiki?curid=19986625 |
Lead arranger This role of the book runner is simply to keep a record of how much debt each of the potential syndication banks wants to take. | https://en.wikipedia.org/wiki?curid=19986625 |
Alternative Energy: Political, Economic, and Social Feasibility (Lanham, Maryland: Rowman & Littlefield, 2006. ), a 2006 book by Christopher A. Simon, discusses the transition from fossil fuels to renewable energy. The book has been called a "sophisticated, insightful, and well written book on the current global push t... | https://en.wikipedia.org/wiki?curid=19997315 |
Swedish Standard Industrial Classification The Swedish Standard Industrial Classification, commonly referred to as SNI, is a Swedish industry standard economic classification system, consisting of a hierarchy of codes that are up to 6-digits long. The most recent version of the SNI standard is SNI 2007, which correspon... | https://en.wikipedia.org/wiki?curid=20008503 |
Economy of Salvador, Bahia The economy of Salvador, Bahia is the 8th largest regional economy in Brazil. The city's port has always played a key role in the local and regional economy. During much of the Portuguese colonial period it was Brazil's principal port, exporting sugar, cacao, and tobacco and receiving tens of... | https://en.wikipedia.org/wiki?curid=20025604 |
SigFig (company) SigFig (formerly Wikinvest) is an investment portal that uses the wiki format. It is available online and via an app. Wikinvest was also a winner in the 2008 SXSW Interactive Web Awards. Wikinvest was founded in 2006 by Parker Conrad and Michael Sha. As of November 2008, the site covered over 1800 comp... | https://en.wikipedia.org/wiki?curid=20038219 |
Human Ecology, Human Economy Human Ecology, Human Economy: Ideas for an Ecologically Sustainable Future is a 1997 book edited by Mark Diesendorf and Clive Hamilton. The authors' intent is to "develop some of the basic ideas, concepts and tools that are needed to create a set of preferred futures for the Earth". Accordi... | https://en.wikipedia.org/wiki?curid=20078879 |
Casa-grande The casa-grande (Portuguese and Spanish: "big house") was the Brazilian equivalent of a Southern plantation in the United States. These casas-grandes were predominantly located in the northeast of Brazil (areas such as present day Bahia and Pernambuco). Additionally, sugar cane was grown in the interior, in... | https://en.wikipedia.org/wiki?curid=20091408 |
Casa-grande ” He added, “The truth is that around these senhores de engenho was created the most stable type of civilization in Hispanic America; and that type of civilization is exemplified by the heavy-set, horizontal architecture of the Big House." These land owners were usually very powerful Portuguese men, and the... | https://en.wikipedia.org/wiki?curid=20091408 |
World Competitiveness Yearbook The is an annual report published by the Swiss-based International Institute for Management Development (IMD) on the competitiveness of nations and has been published since 1989. The yearbook benchmarks the performance of 63 countries based on 340 criteria measuring different facets of co... | https://en.wikipedia.org/wiki?curid=20092902 |
Economic repression comprises various actions to restrain certain economical activities or social groups involved in economic activities. It contrasts with economic liberalization. Economists note widespread economic repression in developing countries. The main goal of economic repression is protectionism, the instrume... | https://en.wikipedia.org/wiki?curid=20097989 |
Seasonal subseries plot Seasonal subseries plots are a graphical tool to visualize and detect seasonality in a time series. Seasonal subseries plots involves the extraction of the seasons from a time series into a subseries. Based on a selected periodicity, it is an alternative plot that emphasizes the seasonal pattern... | https://en.wikipedia.org/wiki?curid=20130360 |
Seasonal subseries plot The seasonal subseries plot can provide answers to the following questions: Practically, seasonal subseries plots are often inspected as a preliminary screening tool. They allow visual inferences to be drawn from data prior to modelling and forecasting. Seasonal subseries plots can be implemente... | https://en.wikipedia.org/wiki?curid=20130360 |
Surplus procedure The surplus procedure (SP) is a fair division protocol for dividing goods in a way that achieves proportional equitability. It can be generalized to more than 2=two people and is strategyproof. For three or more people it is not always possible to achieve a division that is both equitable and envy-fre... | https://en.wikipedia.org/wiki?curid=20134862 |
Inflation swap An inflation swap is an agreement between two counterparties to swap fixed rate payments on a notional principal amount for floating rate payments linked to an inflation index, such as the consumer price index. An inflation swap is the linear form of an inflation derivative, and used to transfer inflatio... | https://en.wikipedia.org/wiki?curid=20136467 |
The Work Number is a user-paid verification of employment database created by TALX Corporation. TALX was acquired by Equifax Inc. in February 2007. allows credentialed verifiers to receive immediate confirmation of an individual's employment and income for verification purposes. The fee for this information is revealed... | https://en.wikipedia.org/wiki?curid=20159106 |
The Work Number It also collects length of employment, job titles, "location information", and "other kinds of human resources-related information, such as health care provider, whether someone has dental insurance and if they’ve ever filed an unemployment claim." The service reduces the amount of time required for Hum... | https://en.wikipedia.org/wiki?curid=20159106 |
The Work Number Additionally, as soon as the requester receives permission from an applicant to access the record, and the fee is paid (if required), it is instantly available. The system reports factual information only, such as length of employment and job title. Some employers feel this reduces the risk of legal lia... | https://en.wikipedia.org/wiki?curid=20159106 |
The Work Number In January 2013, was criticized for selling access to people's ostensibly private data, especially salary data, to third parties, without the informed consent of the subject. Organisations affected included Columbia University, and third parties included debt collection companies. The director of policy... | https://en.wikipedia.org/wiki?curid=20159106 |
The Work Number 95 per verification) is required, this increases the financial cost of verifying an individual's employment. There is a risk this cost could be passed on to the applicant. Some organizations are making use of mandatory as the only way for employees or verifiers to receive information about a staffer's e... | https://en.wikipedia.org/wiki?curid=20159106 |
Weighted-average loan age The weighted-average loan age (WALA) is measure used in pools of mortgage backed securities that defines the average number of months since the date of note origination of all the loans in a pool weighted by remaining principal balance. In the calculation each loan's size is in proportion to i... | https://en.wikipedia.org/wiki?curid=20166659 |
Unrestricted domain In social choice theory, unrestricted domain, or universality, is a property of social welfare functions in which all preferences of all voters (but no other considerations) are allowed. Intuitively, unrestricted domain is a common requirement for social choice functions, and is a condition for Arro... | https://en.wikipedia.org/wiki?curid=20169599 |
Unrestricted domain For example, if voting on where to set the volume for music, it would be reasonable to assume that each voter had their own ideal volume preference and that as the volume got progressively too loud or too quiet they would be increasingly dissatisfied. Black proved that by replacing unrestricted doma... | https://en.wikipedia.org/wiki?curid=20169599 |
Deborah Szebeko (born 1980) is founding director of the social design agency thinkpublic. After volunteering for nine months at Great Ormond Street Children’s Hospital NHS Trust in 2003, Szebeko identified opportunities to use design to improve communications and patient experiences in healthcare. To encompass her insi... | https://en.wikipedia.org/wiki?curid=20179847 |
Deborah Szebeko In 2008, for her dedication to social innovation, Szebeko won the British Council’s UK Young Design Entrepreneur Award and was listed in the Top 10 for ‘The Future 500’ in The Observer and New Statesman. In 2003, Szebeko won the HEFSC Young Volunteer of the Year Award for her design work at Great Ormond... | https://en.wikipedia.org/wiki?curid=20179847 |
Rags to riches refers to any situation in which a person rises from poverty to wealth, and in some cases from absolute obscurity to heights of fame, fortune and celebrity—sometimes instantly. This is a common archetype in literature and popular culture (for example, the writings of Horatio Alger, Jr. and recently J. K.... | https://en.wikipedia.org/wiki?curid=20183521 |
Metzler paradox In economics, the (named after the American economist Lloyd Metzler) is the theoretical possibility that the imposition of a tariff on imports may reduce the relative internal price of that good. It was proposed by Lloyd Metzler in 1949 upon examination of tariffs within the Heckscher–Ohlin model. The p... | https://en.wikipedia.org/wiki?curid=20188411 |
Notes receivable Notes Receivable represents claims for which formal instruments of credit are issued as evidence of debt, such as a promissory note. The credit instrument normally requires the debtor to pay interest and extends for time periods of 30 days or longer. are considered current assets if they are to be paid... | https://en.wikipedia.org/wiki?curid=20191984 |
The Econometrics Journal is a peer-reviewed academic journal that covers all areas of econometrics research, ranging from computational and theoretical to methodological topics. It was established in 1998 and the editor-in-chief is Richard J. Smith (University of Cambridge). The journal is published by Wiley-Blackwell ... | https://en.wikipedia.org/wiki?curid=20194553 |
Lorie Tarshis (22 March 1911 – 4 October 1993) was a Canadian economist who taught mostly at Stanford University. He is credited with writing the first introductory textbook that brought Keynesian thinking into American university classrooms, the 1947 Elements of Economics. The work swiftly lost popularity after it was... | https://en.wikipedia.org/wiki?curid=20196395 |
Lorie Tarshis describes the attack on Tarshis: The most recent textbook witch-hunt provides an edifying example. In August 1947, on the letterhead of an organization calling itself the National Economic Council, Inc., a man named Merwin K. Hart wrote to every member of the boards of trustees of colleges using "Elements... | https://en.wikipedia.org/wiki?curid=20196395 |
Falling Number The (FN), also referred to as the Hagberg number or Hagberg–Perten number, is the internationally standardized (ICC 107/1, ISO 3093-2004, AACC 56-81B) and most popular method for determining sprout damage. With the test, so-called weather or sprout damaged wheat or rye, which is disastrous for bread-maki... | https://en.wikipedia.org/wiki?curid=20206544 |
Falling Number The test was performed manually when first employed, test instrumentation today is mostly automated. To analyze a grain sample it first needs to be ground to a powder; a flour sample can be analyzed as is. The sample is put into the test tube; distilled water is added, and the tube is then shaken vigorou... | https://en.wikipedia.org/wiki?curid=20206544 |
Falling Number The higher the alpha-amylase activity the lower the viscosity of the slurry. The lower the viscosity of the slurry the faster the stirrer will fall to the bottom. That is why more sprouted grain results in a lower as is the time it takes the stirrer to fall to the bottom. The FN value has an inverse rela... | https://en.wikipedia.org/wiki?curid=20206544 |
Ahead of the Curve Ahead of the Curve: Two Years at Harvard Business School (in the United Kingdom and elsewhere, the book is called "What They Teach You at Harvard Business School: My Two Years in the Cauldron of Capitalism") is a non-fiction book by author and journalist Philip Delves Broughton. It was published by P... | https://en.wikipedia.org/wiki?curid=20223191 |
Demographic economics or population economics is the application of economic analysis to demography, the study of human populations, including size, growth, density, distribution, and vital statistics. Aspects of the subject include Other subfields include measuring value of life and the economics of the elderly and th... | https://en.wikipedia.org/wiki?curid=20226904 |
Guidotti–Greenspan rule The states that a country's reserves should equal short-term external debt (one-year or less maturity), implying a ratio of reserves-to-short term debt of 1. The rationale is that countries should have enough reserves to resist a massive withdrawal of short term foreign capital. The rule is name... | https://en.wikipedia.org/wiki?curid=20238750 |
Big Coal Big Coal: The Dirty Secret Behind America's Energy Future is a book by Jeff Goodell which claims that coal mining is one of America's largest and most influential industries. Goodell suggests that coal mining is deadly and environmentally destructive. | https://en.wikipedia.org/wiki?curid=20250538 |
Marine energy management is the application of systematic methods to measure, register and analyze the energy usage of oceangoing vessels in specific. The goal of marine energy management is to These are two separated optimization problems. can both be applied on board and onshore. It is a complex problem, due to the n... | https://en.wikipedia.org/wiki?curid=20258837 |
Pellet Fuels Institute (PFI) is a North American trade organization that represents manufacturers, retailers and distributors of wood pellet fuel supplies and appliances. The PFI was formed in 1985 as the Fiber Fuels Institute. Headquartered in Arlington, Virginia, PFI maintains National Residential Pellet Fuel Standar... | https://en.wikipedia.org/wiki?curid=20277638 |
Global Gender Gap Report The was first published in 2006 by the World Economic Forum. The 2020 report (published in 2019) covers 153 countries. The Global Gender Gap Index is an index designed to measure gender equality. The index is designed to "measure gender-based gaps in access to resources and opportunities in cou... | https://en.wikipedia.org/wiki?curid=20299676 |
Global Gender Gap Report It "assesses countries on how well they are dividing their resources and opportunities among their male and female populations, regardless of the overall levels of these resources and opportunities," the Report says. "By providing a comprehensible framework for assessing and comparing global ge... | https://en.wikipedia.org/wiki?curid=20299676 |
Global Gender Gap Report On 2014, for example, JTBC News Channel in South Korea described the reason why South Korea had such a low rank. According to the news, some of the raw data used to calculate the index do not reflect the country's unique situation accurately, and that partially accounts for their rank. This con... | https://en.wikipedia.org/wiki?curid=20299676 |
How to Argue with an Economist How to Argue with an Economist: Reopening Political Debate in Australia is a 2002 book by Lindy Edwards which is in its second edition as of May 2007. In this book, Edwards explores the role of economics in society, as well as the influence of "economic rationalism" on Australian politics... | https://en.wikipedia.org/wiki?curid=20306089 |
Grinold and Kroner Model The is used to calculate expected returns for a stock, stock index or the market as whole. It is a part of a larger framework for making forecasts about market expectations. The model states that: formula_1 Where One offshoot of this discounted cash flow analysis is the Fed Model. Under the Fed... | https://en.wikipedia.org/wiki?curid=20310489 |
Anne Korin is co-director of the Institute for the Analysis of Global Security, a think tank focused on energy and security, and chairs the Set America Free Coalition, an alliance of national security, environmental, labor and religious groups promoting ways to reduce America's dependence on foreign oil. She is co-auth... | https://en.wikipedia.org/wiki?curid=20329701 |
Criticisms of neoclassical economics Neo-classical economics has come under critique on the basis of its core ideologies, assumptions, and other matters. Neoclassical economics is sometimes criticized for having a normative bias. In this view, it does not focus on explaining actual economies but instead on describing a... | https://en.wikipedia.org/wiki?curid=20357699 |
Criticisms of neoclassical economics Large corporations might perhaps come closer to the neoclassical ideal of profit maximization, but this is not necessarily viewed as desirable if this comes at the expense of neglect of wider social issues. The response to this is that neoclassical economics is descriptive and not n... | https://en.wikipedia.org/wiki?curid=20357699 |
Criticisms of neoclassical economics Famous answer to this criticism is Milton Friedman's claim that theories should be judged by their ability to predict events rather than by the realism of their assumptions. Mathematical models also include those in game theory, linear programming, and econometrics. For a detailed c... | https://en.wikipedia.org/wiki?curid=20357699 |
Criticisms of neoclassical economics It is fair to say that many (but not all) of these criticisms can only be directed towards a subset of the neoclassical models (for example, there are many neoclassical models where unregulated markets fail to achieve Pareto-optimality and there has recently been an increased intere... | https://en.wikipedia.org/wiki?curid=20357699 |
Criticisms of neoclassical economics Galbraith on his article "A contribution on the state of economics in France and the world" asks himself: "Is there anything missing even from the hotly contested domains of modern mainstream economics?" On his opinion, three large areas have disappeared from the teaching of Economi... | https://en.wikipedia.org/wiki?curid=20357699 |
Criticisms of neoclassical economics It may take an extended period of time for markets to eventually converge to an equilibrium, if at all. Even under ideal conditions especially if the economic actors' initial beliefs are not coordinated. | https://en.wikipedia.org/wiki?curid=20357699 |
Instituto de Economia Agrícola The (IEA - Agricultural Economics Institute), linked to the Agência Paulista de Tecnologia dos Agronegócios (APTA) is a major public scientific research institute on economics and statistics applied to agricultural and farming questions, established in São Paulo, Brazil. The aim to provid... | https://en.wikipedia.org/wiki?curid=20361709 |
Instituto de Economia Agrícola IEA is a pioneer in probability sampling in order to forecast harvests, price surveys and the calculation of the market basket. Currently, it calculates and disseminates agricultural prices every four weeks, or the countryside inflation. The agriculture prices are a reference for the mark... | https://en.wikipedia.org/wiki?curid=20361709 |
Instituto de Economia Agrícola It's also discloses data on São Paulo and Brazil's agribusiness per added factor (basic and industrialized products) and by use category. A wide variety of statistical data are available at the official website: Prices (land, inputs, producer, wholesale, retail); Crop estimation and forec... | https://en.wikipedia.org/wiki?curid=20361709 |
Instituto de Economia Agrícola Análises e Indicadores do Agronegócio (Agribusiness Analyses and Indicators): electronic review aimed at a fast dissemination of analyses and statistics about agriculture and cattle raising, with a focus on public policies, market and foreign trade. Only open electronic version are availa... | https://en.wikipedia.org/wiki?curid=20361709 |
Surviving the Century Surviving the Century: Facing Climate Chaos and Other Global Challenges, edited by Herbert Girardet, is the first major book from the World Future Council, published by Earthscan in 2007. Eight main issues relating to the politics of climate change are covered in the book: countering climate chaos... | https://en.wikipedia.org/wiki?curid=20370757 |
Direct costs are costs which are directly accountable to a cost object (such as a particular project, facility, function or product). Some overhead costs which can be directly attributed to a project (e.g. a designated project manager) may also be classified as a direct cost. are directly attributable to the object. In... | https://en.wikipedia.org/wiki?curid=20373231 |
National Reverse Mortgage Lenders Association The (NRMLA) is a U.S. trade organization for financial institutions involved in the origination and securitization of reverse mortgages, provides lobbying efforts on behalf of its member institutions. Founded in 1997 and headquartered in Washington, D.C., NRMLA hosts indust... | https://en.wikipedia.org/wiki?curid=20379270 |
Overnight policy rate The overnight policy rate is an overnight interest rate set by Bank Negara Malaysia (BNM) used for monetary policy direction. It is the target rate for the day-to-day liquidity operations of the BNM. The overnight policy rate (OPR) is the interest rate at which a depository institution lends immed... | https://en.wikipedia.org/wiki?curid=20384125 |
Overnight policy rate In Malaysia, changes in the OPR trigger a chain of events that affect the base lending rate (BLR), short-term interest rates, fixed deposit rate, foreign exchange rates, long-term interest rates, the amount of money and credit, and, ultimately, a range of economic variables, including employment, ... | https://en.wikipedia.org/wiki?curid=20384125 |
Marine diesel oil Marine Diesel Oil (MDO) is a type of fuel oil and is a blend of gasoil and heavy fuel oil, with less gasoil than intermediate fuel oil used in the maritime field. Marine Diesel Oil is also called "Distillate Marine Diesel". MDO is widely used by medium speed and medium/high speed marine diesel engines... | https://en.wikipedia.org/wiki?curid=20429217 |
Marine diesel oil Visbreaking is a process that turn the bottom product of the vacuum unit, which has extremely high viscosity, into lower viscosity, marketable product. In visbreaking, a relatively mild thermal cracking operation is performed. And the amount of cracking is limited by the overruling requirement to safe... | https://en.wikipedia.org/wiki?curid=20429217 |
Marine diesel oil MEPC has meetings periodically and discuss resolutions to current marine pollution by adding amendments to its official documents. | https://en.wikipedia.org/wiki?curid=20429217 |
Calgary downtown district energy The Calgary Downtown District Energy Centre is a thermal district energy system under development by Calgary-based ENMAX with funding support from provincial and federal government programs. The first central thermal plant to supply the system is under construction at the corner of 4th ... | https://en.wikipedia.org/wiki?curid=20430226 |
Polymer Battery Experiment The (PBEX) demonstrates the charging and discharging characteristics of polymer batteries in the space environment. PBEX validates use of lightweight, flexible battery technology to decrease cost and weight for future military and commercial space systems. PBEX was developed by Johns Hopkins ... | https://en.wikipedia.org/wiki?curid=20455598 |
Bayesian vector autoregression In statistics and econometrics, (BVAR) uses Bayesian methods to estimate a vector autoregression (VAR). In that respect, the difference with standard VAR models lies in the fact that the model parameters are treated as random variables, and prior probabilities are assigned to them. Vector... | https://en.wikipedia.org/wiki?curid=20484241 |
Bayesian vector autoregression Recent research has shown that is an appropriate tool for modelling large data sets. | https://en.wikipedia.org/wiki?curid=20484241 |
War's inefficiency puzzle is a research question asking why unitary-actor states would choose to fight wars when doing so is costly. James Fearon’s Rationalist Explanations for War and Robert Powell's In the Shadow of Power, which launched rational choice theory in international relations, provide three possible answer... | https://en.wikipedia.org/wiki?curid=20485169 |
War's inefficiency puzzle The question is why two rational states cannot find an X that satisfies both sides, even though one must always exist and war is the "worst" feasible payoff for both sides. One obvious reason is that each state simply believes it is more powerful than it really is. For example, two states that... | https://en.wikipedia.org/wiki?curid=20485169 |
War's inefficiency puzzle (The cult of the offensive, an explanation for World War I, roughly makes this argument.) Second, if one side is slowly getting more powerful as a function of time, then the declining power may receive a better distribution of the stakes by fighting a preventive war now rather than having to a... | https://en.wikipedia.org/wiki?curid=20485169 |
War's inefficiency puzzle When destruction is small, it is shown that the expected utility from war is higher than peace. | https://en.wikipedia.org/wiki?curid=20485169 |
10,000 Women is a program organized by Goldman Sachs and the Goldman Sachs Foundation with the goal of helping to grow local economies by providing business education, mentoring and networking, and access to capital to underserved women entrepreneurs globally. The program was announced on March 5, 2008 at Columbia Univ... | https://en.wikipedia.org/wiki?curid=20485379 |
10,000 Women IFC is investing an initial $100 million in the program, and Goldman Sachs Foundation is providing $32 million, with an additional $486 million expected from public and private investors. | https://en.wikipedia.org/wiki?curid=20485379 |
Model risk In finance, model risk is the risk of loss resulting from using insufficiently accurate models to make decisions, originally and frequently in the context of valuing financial securities. However, model risk is more and more prevalent in activities other than financial securities valuation, such as assigning... | https://en.wikipedia.org/wiki?curid=20506173 |
Model risk Buraschi and Corielli formalise the concept of 'time inconsistency' with regards to no-arbitrage models that allow for a perfect fit of the term structure of the interest rates. In these models the current yield curve is an input so that new observations on the yield curve can be used to update the model at ... | https://en.wikipedia.org/wiki?curid=20506173 |
Model risk This factor was cited as a major source of model risk for mortgage backed securities portfolios during the 2007 crisis. does not only exist for complex financial contracts. Frey (2000) presents a study of how market illiquidity is a source of model risk. He writes "Understanding the robustness of models used... | https://en.wikipedia.org/wiki?curid=20506173 |
Model risk Jokhadze and Schmidt (2018) propose several model risk measures using Bayesian methodology. They introduce superposed risk measures that incorporate model risk and enables consistent market and model risk management. Further, they provide axioms of model risk measures and define several practical examples of... | https://en.wikipedia.org/wiki?curid=20506173 |
Model risk They write "From a quantitative perspective, in the case of pricing models, we can set up a reserve to allow for the difference in estimations using alternative models. In the case of risk measurement models, scenario analysis can be undertaken for various fluctuation patterns of risk factors, or position li... | https://en.wikipedia.org/wiki?curid=20506173 |
Model risk As this risk should be expected to be priced by the market, part of the yield pick-up obtained relative to equally rated single obligor instruments is likely to be a direct reflection of model risk." | https://en.wikipedia.org/wiki?curid=20506173 |
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