The best guide to future returns is the cyclically adjusted P / E ratio, or CAPE,
developed by economist Robert Shiller.
One early success was Sugarscape,
developed by economists Robert Axtell of George Mason University in Fairfax, Virginia, and Joshua Epstein of New York University (NYU) in New York City.
All of the them except for the SGP have been
developed by economists, and they are likely just as sophisticated in their design (1) given minor tweaks to model specifications and (2) given various data limitations and restrictions.
This financial quiz (actually a psychological experiment) was
developed by the economists Jeffrey Brown, Jeffrey Kling, Sendhil Mullainathan, and Marian V. Wrobel, who wanted to understand what factors went into people's retirement decisions.
Not exact matches
To calculate today's earnings yield, and hence the cost of capital, we'll use the «cyclically adjusted price - to - earnings» ratio, or CAPE,
developed by Yale
economist Robert Shiller.
The idea was originally
developed in the early 1930s
by the Russian - born
economist Simon Kuznets, who was commissioned
by the U.S. government to come up with a better way to measure economic activity — and guide an increasingly interventionist government policy — than relying on shaky indicators like the stock market and railcar loadings.
Developed by Yale
economist Robert Shiller, it uses not current earnings - per - share as the denominator, but a ten - year average of inflation - adjusted EPS.
This «social capital,» as the
economist Herbert Simon once called it, was
developed by many people over many generations and provides a collective inheritance that is now unequally and unfairly apportioned
by markets in setting wages and salaries.
Now, the American start - up Factom is
developing a blockchain - based land registry system that reduces this risk and provides Hondurans with time - stamped and irreversible digital rights to their land, as reported
by the
Economist last year.
The
Economist said his financial innovations «are credited with fueling much of America's rampant economic growth
by enabling companies with bright ideas to get the money they need to
develop them.»
Economist: Originally a member of the Physiocratic School (L'Économistes) founded
by Francois Quesnay who
developed the Tableau Économique as the first formal national income statement.
The LMCI is a relatively recent indicator
developed by Federal Reserve
economists to assess changes in the labor market conditions.
Much of the debate about slack, the drop in unemployment to 16 - year lows and wage gains goes to the heart of the Phillips Curve — a model
developed in 1950s
by New Zealand
economist William Phillips to determine the inverse relationship between the unemployment rate and inflation.
We suspected that the decline in correlation of improvement in economic welfare and growth in market activity had continued, and we thought that using a widely recognized measure,
developed by respected
economists, would give some authority to the results.
According the
Economist's blog, a study was recently done
by Social Computing Lab at Hewlett - Packard that analyzed twenty - two million tweets and
developed an algorithem to determine if popularity and influence on Twitter are related to one another.
It
developed and implemented the «cradle to grave» welfare state conceived
by the
economist William Beveridge.
London
economists found that adding 10 phones per 100 people boosts a
developing country's GDP
by 0.6 percent.
Earlier this year the same panel — chaired
by economist Jim O'Neill, formerly of investment bank Goldman Sachs — reported that companies aren't
developing new antibiotics fast enough to keep up with the rate at which bacteria are becoming resistant to existing ones.
For
developing new antibiotics, massive government intervention and financial incentives are the answer, says a commission established
by the British prime minister and chaired
by a former Goldman Sachs
economist.
«We were surprised
by the high probability of
developing CKD during a lifetime,» said Thomas Hoerger, Ph.D., a health
economist and senior fellow at RTI and the paper's lead author.
A team of
economists and labour market specialists
developed an innovative analytical technique to estimate the impact of the National Minimum Wage (NMW) on productivity across Britain's low - paying sectors, as defined
by the Low Pay Commission.
At issue are some of the techniques
developed by environmental
economists for analysing the costs and benefits of preventing global warming.
The same expert committee, chaired
by economist Jim O'Neill, formerly of investment bank Goldman Sachs, reported earlier this year that companies are not
developing new antibiotics fast enough to keep up with the rate at which bacteria are becoming resistant to existing ones.
One controversial idea that Kauffman
develops in his book is that
by failing to take this approach to economics, traditional
economists are unable to explain something that seems obvious but isn't: How does innovation drive growth?
With this in mind, LSE researchers set out to study the nature and extent of the «intangible» impact of the Olympic Games
by using measures of subjective wellbeing that have been
developed and tested
by economists and psychologists for around 20 years in order to assess how people think and feel about their lives.
The New York City Department of Education ventured into pay - for - performance for students beginning this year with two pilot projects
developed by Harvard University
economist Roland G. Fryer, who is working pro bono as the department's chief equality officer.
Economist Hermna Daly in trying to separate growth and development points out that «to grow means to increase in size
by the assimilation or accetion of materials» while «to
develop means to exapand or realize the potentialities of, to bring to a fuller, greater, or better state» (cited in Hathaway & Boff, 2009: 23).
Among the book's more «robust» conclusions, to use the
economists» term, is that the high Swedish expenditure on adult education (which is very well
developed in Sweden, as a resource for unemployed workers and as a way of upgrading or changing one's credentials) is not warranted
by its returns: But how could it be, when, we learn, «individuals received student pay [all students are paid in Sweden — part of the commitment to equality] at the level of unemployment benefits, which in Sweden replace up to 80 percent of forgone earnings.»
His intent is to deepen the discussion,
developing a point indicated but not clearly landed
by The
Economist:
For those of you who haven't heard of it before or need a refresher, according to Wikipedia, «it is named after Italian
economist Vilfredo Pareto, who observed in 1906 that 80 % of the land in Italy was owned
by 20 % of the population; he
developed the principle
by observing that 20 % of the pea pods in his garden contained 80 % of the peas»
Economic policy
developed by British
economist John Maynard Keynes who proposed that active government intervention in the market was the only method of ensuring economic growth and prosperity.
The CAPE Ratio or the Cyclically Adjusted Profit Earnings Ratio, also known as the P / E 10 Ratio or the Shiller Ratio, was
developed by Dr. Robert Shiller an
Economist from Yale University.
Nareit provides rigorous analytic research —
developed by Nareit's
economists as well as sponsored research — that individually and collectively highlights and clarifies the competitive long - term market performance record and portfolio benefits of REITs and the role REITs should play in diversified investment portfolios.
Why does the list not include
economists like Amartya Sen of Harvard University, also a Nobel prize winning
economist whose career is devoted to promoting well - being particularly among the world's poor (he had an op - ed a couple of days ago in the NY Times re: the food crisis); or Joseph Stiglitz of Columbia University, also a former World Bank chief
economist and Nobel prize winner who is critical of the globalized free market apparatus run
by the World Bank, the IMF and the WTO; or Herman Daley of the University of Maryland, also a former
economist at the World Bank whose career is devoted to
developing a sustainable economy within the ecological constraints of our environment.
In his popular book «Kicking Away the Ladder» the
economist Ha - Joon Chang explains how
developed countries are attempting to constrain the development of the «third world»
by denying, forbidding and condemning the same tools they used the get themselves where they are now.
What even worse, due to the outside pressures to require revaluation of Chinese Yuan, and things like border tax in the U.S on Chinese imports, some influential
economists, whom I would label strong nationalists, are totally tearing apart the global warming fact and ridiculously propagandizing that climate change is entirely a plan faked
by developed countries in order to suppress China's economic development.
However, these claims do not seem to reconcile with results from the DICE - 2013R model,
developed by the highly respected and cited climate
economist, William Nordhaus.
For over twenty years, as documented
by the survey of
economists done
by Dr. Ross McKitrick in his PhD dissertation and well -
developed since then both in studies and in practical application we've known the current tax system is extremely inefficient compared to the double dividend (or better) of a carbon tax for revenue.
In a 2012 study, Elizabeth A. Stanton, an environmental
economist at Synapse Energy Economics, noted that projections
by the International Energy Agency, on which leading climate models are based, assume that the least
developed countries will fail to close the prosperity gap with the rich of the world.
World - renowned
economist Hernando de Soto says that,
by establishing a peer - to - peer secure record of property transactions, blockchain could be the key to tackling poverty in the
developing world.
Written
by well - known academic and practising
economists and lawyers from both
developed and
developing countries.
«Developers know that they can make money only
by developing, and it is rare for them to react quickly to the changing market conditions,» says Torto Wheaton
economist Gleb Nechayev.
Nareit provides rigorous analytic research —
developed by Nareit's
economists as well as sponsored research — that individually and collectively highlights and clarifies the competitive long - term market performance record and portfolio benefits of REITs and the role REITs should play in diversified investment portfolios.