Finally, we review empirical evidence on the real effects of secondary financial markets -- National Bureau of Economic Research web site. Found inside – Page 102George Soros uses the word “reflexivity” in relation to the circular feedback relationship between cause and effect where markets tend towards ... Found inside – Page 2224A social multiplier exists in models with endogenous interactions because feedback effects between agents imply that the effect on an individual of a change ... Found inside – Page 160Again the bias is intuitive and includes effects due to omitted contextual interactions ... both amplified by the feedback effect between neighbors β. Found inside – Page 152This creates difficulties in testing empirically for the monetary effects on activity because allowance must be made for the feedback effect of economic ... Found insideWe start by defining an illicit capital flow as a flow that has a negative ... Indirect effects are feedback effects on economic growth that arise from the ... Found inside – Page 70On the Definition, Prediction, and Relevance of Economic Efficiency Richard S. Markovits. the feedback effects you are talking about are second-order (too ... Found inside – Page 382... 158 example of, 160 feedback hypothesis, 158 growth hypothesis, ... 17 composition effect, 10 definition, 9 deforestation, 15 economic growth, ... Found inside – Page 232It is important to keep in mind the feedback effects when discussing the ... usual definition given for poverty is that poor people do not have the economic ... Found inside – Page 25Understanding indirect consequences of policy actions requires general equilibrium analysis of feedback effects of adjustments in the rest of the economy. Found inside – Page 71In this chapter, the results of different micro- and macro-economic ... keep in mind the potential feedback effects from economic outcomes to health. Found inside – Page 254... 178 pollution, 148, 187 poor, 170 positional goods, 67 positive feedback effect, 55 poverty child, 19 defined, 168 government definition of, 36 working, ... Found inside – Page 572Economic Modeling with System Dynamics Robert Y. Cavana, ... produce an official unemployment rate that coincides with the international definition'. Found inside – Page 201This creates difficulties in testing empirically for the monetary effects on activity because allowance must be made for the feedback effect of economic ... Found inside – Page 636... displaced 581 farmland see agricultural land feedback effects: in climate change 160,319, 326; definition of 619 feed-in tariffs 270,290,296,299, ... Found inside – Page 425It is then possible to define a composite price that is equal to the sum of the ... First, the analysis needs to consider how positive feedback effects ... Found inside – Page 1585The welfare criteria is defined next. ... choose an action for the behavioral decision makers that forces them to take account of the feedback effect. Found inside – Page 198For a detailed definition of all variables, see Appendix 3; small letters ... In all countries except Italy, the feedback effect roughly amounts to 0.1 ... Found inside – Page 64The macro - economic feedback effect . By definition , a credit scoring model allows speedier and less costly decision making and con - sequently speedier and easier reevaluations of credit decisions . In the past few years this has meant a ... Found inside – Page 680This creates difficulties in testing empirically for the monetary effects on activity because allowance must be made for the feedback effect of economic ... Found inside – Page 73The role of disequilibrium, feedback loops and scientific method in post-crash economics Sean Harkin. recession – a positive feedback effect – but then, ... Found inside – Page 247are essentially about concepts other than resilience , namely the implications of non - linear systems , feedback effects , policy ... I would argue , is that the authors never define exactly what we want to preserve in economic and social systems . Found inside – Page 2A similar mechanism may be at work in economic systems , insofar as currency circulation may be said to effect changes in potential work opportunities . This feedback effect lets us define an energetic value for minerals and nutrients in terms ... Found inside – Page 38By definition , the price elasticity of export demand indicates the ... exports as a result of the feedback effects of price on other economic variables . Found inside – Page 439Abuse ofdominant position Cross-contamination effect 184–185, ... 148 Essential facility 145–146 Feedback effects 146 Market definition 115 Market power 46 ... Found inside – Page 92But then there are also feedback effects to be discussed, from democratization to political stability to higher rates of investment and faster economic ... Found inside – Page 455This creates difficulties in testing empirically for the monetary effects on activity because allowance must be made for the feedback effect of economic ... Found inside – Page 86Effect of Public Investment on Output in Emerging Market and Developing Economies ... relates to the precise definition of contemporaneous feedback effects. Found inside – Page 330Network effects similarly drive the emergence of platforms. ... but what does this discussion have to do with market definition and market power? This book was originally published as a special issue of The Journal of Economic Methodology. Found insideRather what is important is the thrust given to the level of economic activity by ... As a disequilibrium process, the cash-flow feedback effect is to be ... Found inside – Page 1296However, no feedback effects are included in GEM-E3. ... In global models, there is by definition no ROW, so the problem does not have to be addressed. Found inside – Page 113Benchmarking is able to reduce the 'feedback' and the 'ratchet' effects of the ... It highlights the competitive definition of benchmarking by the private ... Found inside – Page 122The usual meaning of 'endogeneity' is the feedback effect between two variables (e.g. between independent and dependent variables in an economic model), ... Found insideFirst, the analysis needs to consider how positive feedback effects ... market definition analysis that focuses on one side and in effect assumes the other ... In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Found inside – Page 99This approach enables a closed framework for the analysis, in which no feedback effects and feedback loops are lost. A modelbased analysis of net economic ... Found inside – Page 247... has in turn had a profound effect on the mix of multivalent feedback effects. While economic institutions still provide incentives for employers to ... Found inside – Page 470definition of , 10 - 11 , 12 , 23 , 25 , 26 , 6567 , 81 - 82 , 87 , 91 - 92 ; optimal level of , 23 Public policy instruments . ... 278 - 279 , 286 , 289 , 295 , 304 , 306308 ; feedback effects of , 259n , 263 , 267 ; public response to , 124 ; technology of ... Found inside – Page 175By rising levels of economic development, can we achieve the goal of energy poverty alleviation? Is there any feedback effect between energy poverty ... Found inside – Page 369This has a further feedback effect diminishing provincial incentives to compete. An additional difference that may affect the likelihood of charter ... Found inside – Page 243Often, however, the risk-adjusted relative yield defined in Definition 6.8 ... If the feedback effect from investing the economic risk capital ̃CECt is not ... Found inside – Page 798Process Output Input f+/f- Feedback Definition 10.71 The negative feedback of ... The effect of negative feedback in economics will be discussed in Section ... Found inside – Page 27A square, non-negative matrix A and a row vector 1) define a row vector of ... The feedback effect of income on consumption is taken into account, however. Found inside – Page 359... 311 Region : defined , 5 homogeneous region , 5 nodal economic region , 5 significance of , 5 - 7 Regional concept ... 224 use in analyzing development , 224 - 25 Regional trade : definition , 27 feedback effects , 162 - 63 gravity models ... A major revision of the author's investment classic introduces managers to important new findings in psychology to demonstrate why most investment strategies are flawed, outlining atypical strategies based on the author's "efficient market ... The book argued that the boom represents a speculative bubble, not grounded in sensible economic fundamentals. Part one of the book considered structural factors behind the boom. Found inside – Page 583.2.2 Externalities and Positive Feedback-Effect The phenomenon of ... Thus externalities are often excluded by definition from economic analyses because ... Found inside – Page 1655.8 PHILOSOPHY OF EEE MODELLING Because the feedback effects of CO, ... Any definition will seem both inadequate and overly precise and certainly will be ... Found inside – Page 37... marine design were economic factors , although there was a feedback effect : the ... Invention may be defined as conceiving an idea for some change and ... But what does this discussion have to do with market definition and market power further... On the real effects of secondary financial markets -- National Bureau of economic Methodology market definition and market power feedback... 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