Sentences with phrase «of equilibrium in»

It was over a year before I rediscovered my desire — and sense of equilibrium in general.»
Kicking the consumption addiction is absolutely central to gaining some kind of equilibrium in this economy of ours, so however well intentioned our consumer activism is — it must encourage making do with less.
If we initialize the anomaly at -0.4 C, which amounts to an assumption that the system is wildly out of equilibrium in 1900, then this is what we get:
In 1972 Hicks won the Nobel prize for economics on the basis of Value and Capital, on the economic equilibrium theory, in particular the issue of the stability of equilibrium in an economic system exposed to external shocks.
The concept of equilibrium in economics is almost useless, because the system is too noisy, and the tendency toward equilibrium far weaker than the creativity of mankind creating new products, new markets, new technologies, new needs, etc..
In order to apply this technique to the Fund's portfolio, the existing securities and the securities to which one might upgrade, would have to come to some sort of equilibrium in terms of value offered.
Yoga can also contribute to a greater sense of equilibrium in states when experiencing acute cravings, insomnia, agitation, etc..
If enough people get up off their rearends and vote, the whole damn tax code can be rewritten to restore some kind of equilibrium in the distribution of wealth in this country.
But how do we regain a sense of equilibrium in a modern world that's going well over our personal speed limits.
Later Keynes underwent a conversion, stating, «Defense of free trade theory is, I submit, the result of pure intellectual error, due to a complete misunderstanding of the theory of equilibrium in international trade.»
It could have left families owning their homes at the same cost they would have had to pay in rent — the economic definition of equilibrium in property prices.

Not exact matches

«The first thing to keep in mind is that, in some long run equilibrium, wage inflation should be equal to what the growth rate of productivity is — so how much workers can produce — and the increase in prices for the goods they produce,» he said at the UBS Greater China conference in Shanghai.
Arrow and Debreu were able to show the existence of an equilibrium between supply and demand in a free, competitive economy — but they also made clear that this could only exist if a given set of assumptions about the economy and consumer behavior were true.
Success stories like Harrison's are few and far between for social entrepreneurs, defined as «someone who targets an unfortunate but stable equilibrium that causes the neglect, marginalization, or suffering of a segment of humanity; who brings to bear on this situation his or her inspiration, direct action, creativity, courage, and fortitude; and who aims for and ultimately affects the establishment of a new stable equilibrium that secures permanent benefit for the targeted group and society at large,» by Roger L. Martin and Sally Osberg in a 2007 Stanford University report titled «Social Entrepreneurship: The Case for Definition.»
That effort, which put supply and demand in more of an equilibrium, raised prices by a few dollars (interestingly, before actual implementation).
In practice, the sub-markets are never simultaneously balanced or in a state of equilibrium except accidentally and never for very lonIn practice, the sub-markets are never simultaneously balanced or in a state of equilibrium except accidentally and never for very lonin a state of equilibrium except accidentally and never for very long.
This only adds to the stress of black professional women who are often focused on maintaining equilibrium at home and in their communities.
Just a classic general equilibrium models, efficient markets, smooth continuous price movements, the Phillips curve, Black - Scholes — I'm good friends with Myron Scholes, and he's taught me a lot, but there's a lot of flaws in that model.
Everyone else is simply collateral damage in the environment of unstable equilibrium they create.
«International Trade 101 analyses the partial equilibrium effects of a tariff as driving a wedge between demand and supply curves, whereby the price goes up and the quantity down,» he said in a note to clients.
For starters, global oil production appears more closely in line with demand following a prolonged search for a new equilibrium amid a breakdown in the Organization of Petroleum Exporting Countries (OPEC) cartel and increasingly productive oil extraction technologies in North America.
And if we've learned anything over the last few years, it's that expected returns do not equal realized returns, and expensive markets don't have to crash in order to reach some sort of equilibrium.
With the safety razor in equilibrium on your index finger, place your thumb on the opposite side of the handle slightly below your index finger.
Keynes argued that not only do depressions occur in the real world of sticky prices and wages, but even in a world of fully flexible prices there could be an equilibrium of high unemployment, something sadly forgotten by much of modern macroeconomics (Roger Farmer is a notable exception).
This belief is so powerfully embedded in the standard equilibrium models most economists use that, strangely enough, even those of us who described the imbalances in one paragraph and in the very next paragraph insisted that a crisis was unlikely — in China's case because of the government's very high credibility and its role as financial guarantor — were automatically assumed to be predicting an imminent crisis.
«It has taken 18 months to start to rebalance the oil market with falling non-OPEC production in a variety of countries and demand showing signs of recovery which means we are getting there, we're getting to a new equilibrium
One of his views that always stuck with me on that subject, at least as a starting point for thinking about it, was that it was somewhat nonsensical to talk about what «equilibrium exchange rates» should be in a world of fiat currencies and fractional reserve banking.
For instance, for Canada and the U.S., we believe that the equilibrium interest rate in these conditions is on the order of 3 per cent, like a range of 2.5 per cent to 3.5 per cent, so much lower than what we used to think of as a normal, steady, straight interest rate.
Alpha can also refer to the abnormal rate of return on a security or portfolio in excess of what would be predicted by an equilibrium model like CAPM.
The next implication of having a global moderation in trend growth, because of the demographic reasons I mentioned, the next consequence of that is that the equilibrium rate of interest also goes down.
In the past, you cited an article «Systemic equilibrium in a Bretton Woods II - type international monetary system» by Austin in the Journal of Post Keynesian Economics that explained this in detaiIn the past, you cited an article «Systemic equilibrium in a Bretton Woods II - type international monetary system» by Austin in the Journal of Post Keynesian Economics that explained this in detaiin a Bretton Woods II - type international monetary system» by Austin in the Journal of Post Keynesian Economics that explained this in detaiin the Journal of Post Keynesian Economics that explained this in detaiin detail.
If the IT revolution increases profitable investment opportunities, then the equilibrium real interest rate must rise in order to encourage households to save more to finance the higher level of investment.
Doubling employment would mean an extremely big increase in real wages to get twice as many people willing to work, and it would be a very strange (though not theoretically impossible) halving of average labour productivity that would be compatible with a very large increase in equilibrium real wages.
Put another way, in order for the holder of any security of spend out of that investment, the security has to be sold to another investor who locks in the identical amount of funds (Iron Law of Equilibrium).
Of course, that final line — that there is a new, higher «equilibrium valuation of equities» — is surely to remind some market historians of Irving Fisher's famous line that stocks had reach a new «permanently high plateau» on the eve of the 1929 stock market crash which ushered in the Great DepressioOf course, that final line — that there is a new, higher «equilibrium valuation of equities» — is surely to remind some market historians of Irving Fisher's famous line that stocks had reach a new «permanently high plateau» on the eve of the 1929 stock market crash which ushered in the Great Depressioof equities» — is surely to remind some market historians of Irving Fisher's famous line that stocks had reach a new «permanently high plateau» on the eve of the 1929 stock market crash which ushered in the Great Depressioof Irving Fisher's famous line that stocks had reach a new «permanently high plateau» on the eve of the 1929 stock market crash which ushered in the Great Depressioof the 1929 stock market crash which ushered in the Great Depression.
In our view, this has raised the equilibrium valuation of equities.»
In order for this presumptive «wealth» to be spent, the overvalued securities have to be sold, but at that moment - Iron Law of Equilibrium - someone else has to buy them.
Not even a small fraction of this incremental demand would be available in the physical gold market at this time, given that it already operates at a supply / demand equilibrium.
But I'm of the school that says, if that is proven — and it is, I think, a little bit in the marketplace — if it is proven to be the case, then people will bid up the prices of value stocks and bid down the prices of growth stocks until they reach an equilibrium and then future returns will be the same.
The Council of Canadian Academies concluded in a 2013 study, that «Canadian firms have been as innovative as they have needed to be,» doing business in «a low - innovation equilibrium
Instead, people have emotions and impulses and incomplete information, none of which are accounted for in perfect equilibrium economics.
It will take politics — not markets — to break this bad equilibrium, the moment when democracies cease to tolerate youth unemployment of 58pc in Greece, 57.4 pc in Spain, 41.2 pc in Italy and 36.5 pc in Portugal.
In an environment of persistently low inflation and real equilibrium interest rates, the Fed will not be able to raise rates much further.
It is also important to note that at the beginning of the current boom, the unemployment rate was around 6 per cent, suggesting that there was some excess capacity in the labour market at the outset of the adjustment to the mining investment boom (this is another point of departure from the theory presented in Section 2, which assumes that the economy is in equilibrium prior to the boom).
Jury is still out on secular stagnation — «At present, it looks likely that the equilibrium interest rate will remain low for the policy - relevant future, but there have in the past been both long swings and short - term changes in what can be thought of as equilibrium real rates»
The December 2016 decision by the PBOC to restrict investment - related FX purchases, however, changed the funding equilibrium (this took effect following the most recent Redfin report, thus not yet visible in most economic data releases as of Feb 17).
As this represents a free market «equilibrium», there is no distortion in the allocation of loanable funds.
While the mainstream view has been that markets tend towards equilibrium and the role of banks and finance can largely be ignored, Minsky argued that in the good times the seeds of the next crisis are sown as the financial sector engages in riskier and riskier lending in pursuit of profit.
By way of a reminder, the ECB has remained (too) optimistic about core inflation, largely partly on the view that a decline in potential growth to around 1 % and an increase in the equilibrium rate of unemployment would push wage growth and core prices gradually higher by 2017.
In a floor system, banks are kept flush with excess reserves, and monetary control is exercised, not be adjusting the quantity of reserves so as to achieve a particular equilibrium federal funds rate, but by manipulating the interest rate the Fed pays on banks» required and excess reserves holdings, alone or along with the Fed's overnight reverse - repo (ON - RRP) rate.
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