Not exact matches
Universal, recurring consumer demand, sophisticated
operating system, little organized competition, platform developed by a global leader - it all adds up to a refreshingly
simple, yet powerful,
model.
Mundell's
model was extremely
simple and included a number of heroic assumptions, but it accurately reflected important elements of the world in which open economies
operate.
It doesn't help that 10 - year bond yields are still lower than the prospective
operating earnings yield on the S&P 500 (the «Fed
Model»), not only because the model is built on an omitted variables bias (see the August 22 2005 comment), but also because the model statistically underperforms a simpler rule that says «get in when stock yields are high and interest rates are falling, and get out when the reverse is true.&r
Model»), not only because the
model is built on an omitted variables bias (see the August 22 2005 comment), but also because the model statistically underperforms a simpler rule that says «get in when stock yields are high and interest rates are falling, and get out when the reverse is true.&r
model is built on an omitted variables bias (see the August 22 2005 comment), but also because the
model statistically underperforms a simpler rule that says «get in when stock yields are high and interest rates are falling, and get out when the reverse is true.&r
model statistically underperforms a
simpler rule that says «get in when stock yields are high and interest rates are falling, and get out when the reverse is true.»
While «
operating earnings» are not even defined under Generally Accepted Accounting Principles, and «forward operating earnings» only surfaced as a creature of Wall Street in the early 1980's, it's simple enough to impute historical values of forward operating earnings because they are almost completely explained by observable earnings and employment data — see Long - term Evidence on the Fed Model and Forward Operating
operating earnings» are not even defined under Generally Accepted Accounting Principles, and «forward
operating earnings» only surfaced as a creature of Wall Street in the early 1980's, it's simple enough to impute historical values of forward operating earnings because they are almost completely explained by observable earnings and employment data — see Long - term Evidence on the Fed Model and Forward Operating
operating earnings» only surfaced as a creature of Wall Street in the early 1980's, it's
simple enough to impute historical values of forward
operating earnings because they are almost completely explained by observable earnings and employment data — see Long - term Evidence on the Fed Model and Forward Operating
operating earnings because they are almost completely explained by observable earnings and employment data — see Long - term Evidence on the Fed
Model and Forward
Operating Operating Earnings.
On the other hand, unlike other
models that are very
simple to use, the E300 has a twist grip throttle acceleration and a hand
operated rear brake which might require some initiation.
By comparison, today's
simple cycle power plants (gas turbine generator only)
operate with efficiencies ranging between 33 and 44 percent depending on the size and
model.
A paper they published in 2008 used a very
simple climate
model to make this argument, but subsequent research showed that their
model was actually too
simple, and failed to accurately represent how the global climate
operates (green in the first graphic).