the theory of reflexivity reconciling efficiency and reflexivity
mansharamani - boombustology; spotting financial bubbles before they burst (2011)
... competing and seemingly contradictory theories are presented and discussed the efficient market hypothesis and the theory of reflexivity There are many ways in which to illustrate the concept of equilibrium, ... view of the financial world In addition to being based on intuitive supply (the higher the price, the more will be produced) and demand (the higher the price, the lower the demand) logic, the argument ... Inefficiency: The Theory of Reflexivity Reconciling Efficiency and Reflexivity Chapter Macroeconomic Perspectives: The Impact of Debt and Deflation on Asset Markets and Prices 23 The Magnifying Power of Leverage...
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Boom and Bust in Australian Screen Policy: 10BA, the Film Finance Corporation and Hollywood‘s ‗Race to the Bottom‘ ppt
... Recreation and the Arts 1992, Reid 1999) These underpinned the screen industry‘s next ‗image of the future‘ (to use futurist Fred Polak‘s term): the late 1980s vision of Sydney and the Gold Coast ... understandably tended to focus its attention on the core texts of Australian screen: the film and television productions themselves, and the work of Australian directors One consequence of this ... little examination of the role of cross-border, macroeconomic and structural conditions in the development of the local industry (the work of Tom O‘Regan is an exception in the Australian context;...
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U.S. Food and Drug Administration - Juice HACCP — The Final Rule
... (1) The name of the processor or importer and the location of the processor or importer, if the processor or importer has more than one location; (2) The date and time of the activity that the ... understanding and choice of safer juices and juice products On the basis of all the testimony presented at the December 16 and 17, 1996 meeting, the NACMCF agreed that there is a need to understand ... either the U.S owner or consignee at the time of entry of a food product into the United States, or the U.S agent or representative of the foreign owner or consignee at the time of entry into the...
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Tài liệu Material Usage and Condition of Existing Bridges in the U.S pptx
... herein, and who will accept total responsibility for the application of this information The Portland Cement Association DISCLAIMS any and all RESPONSIBILITY and LIABILITY for the accuracy of the ... presented by the number of bridges and by the bridge deck area (i.e., product of structure length and width of bridge deck) Bridge deck area is more representative of the volume of construction, ... Inspection standards were issued in 1971 to satisfy this mandate of Congress Most states completed their inventory of bridges on the Federal-aid system by the end of 1973 In 1978, Congress passed the...
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Tài liệu Mothers’ Investments in Child Health in the U.S. and U.K.: A Comparative Lens on the Immigrant ''Paradox'' docx
... health and well-being of the children and their parents Measures 12 Mothers’ Health Behaviors We examine mothers’ health behaviors at the time of the child’s birth, and between birth and age ... whether they know most of their neighbors In the MCS, mothers report whether their friends live locally; whether they are friendly with their neighbors; and the frequency of visits with friends ... 17% in the FFS and 14% in the MCS In the U.S., about 6% of mothers are foreign-born, non-Hispanic, and about 11% of mothers are both foreign-born and Hispanic In the U.K., 4% of mothers are foreign-born,...
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Tài liệu Fertility, Family Planning, and Reproductive Health of U.S. Women: Data From the 2002 National Survey of Family Growth doc
... The CDC’s Office of Women’s Health + + The Office of Planning, Research, and Evaluation of the Administration for Children and Families (ACF) + The Children’s Bureau of the ACF + The Office of ... funded by the following programs and agencies of the U.S Departments of Health and Human Services: + The National Institute for Child Health and Human Development (NICHD) + The Office of Population ... years of age (82–89 percent), white mothers (73 percent), and mothers in the highest categories of education and income (74–79 percent) were most likely to be married to the fathers of their...
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Tài liệu Irish Economy Note No. 10 “The U.S. and Irish Credit Crises: Their Distinctive Differences and Common Features” ppt
... Reinhart and Rogoff analysis The other two, regulatory imprudence and moral hazard, reflect the managerial, mixed-economy nature of both the US and Irish economies In both cases, governmental and ... in each of the two crises The US crisis was the first to emerge The slowdown in real estate prices and the consequent downturn experienced after 2006 led to uncertainty in the value of the mortgage ... 2009), Ireland did not feel the full force of the turmoil until the collapse of Lehman Brothers sent shock waves through international financial markets The drying up of liquidity exposed the fragility...
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Tài liệu The Corporate R&D Tax Credit and U.S. Innovation and Competitiveness docx
... elasticity of R&D Whereas the benefit-cost ratio shows the ratio of the dollar values of incremental R&D to the tax costs of the credit, the price elasticity of R&D provides a measure of their proportional ... provided the claimant does not own 50 percent or more of the stock of the small firm (if the firm is a corporation), or 50 percent or more of the small firm’s capital and profits (if the firm is another ... | The Corporate R&D Tax Credit and U.S Innovation and Competitiveness The tax expenditure for the deduction of R&D expenses is the difference between the actual amount of the deduction and the...
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Tài liệu The Decline in the U.S. Personal Saving Rate: Is It Real and Is It a Puzzle? pptx
... percent of personal income, and therefore hardly explains the recent, major swings in the saving rate The FoF Measure of the Personal Saving Rate Estimates of the assets and liabilities of the personal ... rate: the NIPA estimates from the BEA and the estimates of the changes in personal net wealth that can be computed from the flow of funds (FoF) accounts maintained at the Board of Governors of the ... Additionally, and differently from the current FoF practices of the BOG, this measure of savings should capture not only the acquisition cost of new assets, but also the sum of the acquisition costs and of...
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Tài liệu Going Global- U.S. Government Policy and the Defense Aerospace Industry pdf
... Base.” The goal of this research is to develop evidence, information, and analysis so that the Air Force can provide assessments to the Office of the Secretary of Defense and Congress on the effects ... industrial base Our reading of the literature indicates that both the Office of the Secretary of Defense (OSD) and the Air Force now believe that certain aspects of the U.S export control regime ... Principal Deputy, Office of the Assistant Secretary of the Air Force for Acquisition (SAF/AQ), and our Office of Primary Responsibility, Colonel Paul Coutee, Chief of the Engineering and Technical...
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Tài liệu Faultlines of Conflict in Central Asia and the South Caucasus - Implications for the U.S. Army docx
... understand the “rules of the game” the way the United States does That is one interpretation of both the crude Chinese nuclear threats over the Taiwan crisis and Chinese views of the U.S bombing of ... result of agreements with the United States and unilateral actions in the aftermath of the Cold War, and partly because of the state of the Russian economy Even if Russia had not ratified the Strategic ... strategy and the U.S experience during the Cold War as well as subsequent work—both by RAND and others—on the changes in the wake of the Cold War, we show that the United States has a wide range of...
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Tài liệu U.S. Securities and Exchange Commission “We are the investor’s advocate” pdf
... dates and application dates at the top of this page are for the Washington, DC program See below for information about the regional offices, including the divisions and offices for which they ... interested in the OIG should apply to the Headquarters using the procedure described above and highlight their preference in their cover letter The Office of Inspector General is an independent office ... economy, efficiency and effectiveness The Office of Inspector General has two primary components: audits and investigations Interning in the Office of Inspector General provides law students with hands-on...
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Tài liệu The housing MarkeT and Canada’s eConoMiC reCovery ppt
... single mothers and their children, Aboriginal persons, and other low- and moderate-income families and individuals The creation of new affordable homes has also had a significant impact on the economy, ... weakness of the U.S recovery, have created ongoing uncertainty for the near-term future of the Canadian economy Recent forecasts by leading economists and by the Governor of the Bank of Canada ... one-third of Canada’s social-housing stock Most low-income tenants live within the private-housing sector, and there is a need to preserve and enhance the affordability of this part of the housing...
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Tài liệu Moist-Soil Management Guidelines for the U.S. Fish and Wildlife Service Southeast Region pptx
... Orr, and John Stanton of the U.S Fish and Wildlife Service; Ken Reinecke of the U.S Geological Survey; Scott Durham of the Louisiana Department of Wildlife and Fisheries; Rick Kaminski and Jennifer ... more of flooding above the top of the coffeebeans before the apical meristem softens and the plants are killed depending on temperature If coffeebean plants are not flooded early enough and grow ... depends on the uniformity of each plant species within the impoundment and the desired accuracy of the estimate The dimensions of the blocks are adjustable, but collect a minimum of one sample...
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Tài liệu A Comparison of Conventional and Organic Milk Production Systems in the U.S. potx
... prohibit the use of antibiotics and hormones in the cow herd and the use of synthetic chemicals in the production of cattle feed Organic milk production systems also attempt to accommodate the animals’ ... in the Northeast was only half the size of conventional dairies (52 versus 104 cows), and those in the Upper Midwest were about two-thirds the mean size of conventional The standard error on the ... husbandry, land and crop management, sourcing new and different inputs, and initiation of the certification process, among others, are required during transition For example, the pasture and...
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Tài liệu The Majors of Golf Complete Results of The Open, the U.S. Open, the PGA Championship and the Masters, 1860–2008 pdf
... The Majors of Golf This page intentionally left blank The Majors of Golf Complete Results of The Open, the U.S Open, the PGA Championship and the Masters, 1860 –2008 MORGAN ... attract the best players, offer lots of prize money, and expect it to be accepted as a Major Between 1860 and 2008, 407 Majors have been played This book is a compilation of the results of all of them ... unknown SBW: number of shots behind the winner at the completion of the tournament; for the winner, a minus sign (-) preceding the numeral indicates the number of shots ahead of second place Tot:...
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The Geographic Distribution and Characteristics of U.S. Bank Failures, 2007-2010: Do Bank Failures Still Reflect Local Economic Conditions? pptx
... in total assets in the months between June 2006 and their failure dates Next we compare failed and non-failing banks on the basis of the number and location of branch offices The sharp increase ... property values The removal of these tax shelters “helped to send the industry into a downward spiral,” which was “at the forefront of many of the banking problems of the 1980s and early 1990s.” ... states in the 1970s and 1980s and then by the federal government in the 1990s, led to a substantial consolidation of the U.S banking industry By 2009, the number of commercial banks in the United...
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Publicly Funded Agricultural Research and the Changing Structure of U.S. Agriculture doc
... scientific and engineering research, dedicated to the furtherance of science and technology and to their use for the general welfare Upon the authority of the charter granted to it by the Congress ... Academy of Sciences to secure the services of eminent members of appropriate professions in the examination of policy matters pertaining to the health of the public The Institute acts under the responsibility ... of further analysis The Structure of Agriculture The “structure of agriculture” is a broad phenomenon involving both the characteristics of farms (the system of agricultural production) and the...
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