Models
in sentence
1964 examples of Models in a sentence
Of course, economics is in many ways a science, and the work of our scholars and their computer
models
really does matter.
Just as Volkswagen uses its A5 platform to build 19 different vehicles, from luxury Audi A3s to small SUVs and budget models, a biological chassis would be a minimal microbial platform onto which could be bolted genetic instructions to make drugs, biofuels, cosmetics, or whatever one desires.
Economic
models
told us that freer trade and immigration would increase global economic efficiency and per capita income.
The good news is that some innovative companies are already developing new business
models
that address the underlying market failure.
Kofi Annan and the Africa Progress Panel have called for the creation of a “global connectivity fund” to help finance the risk guarantees, credit, and other market arrangements needed to support innovative business
models
delivering energy to the poor.
Models
shows global warming will increase the incidence of malaria by about 3% by the end of the century, because mosquitoes are more likely to survive when the world gets hotter.
But climate
models
demonstrate that Germany’s $156 billion expense will delay warming by just one hour at the end of the century.
Most economic
models
show that the total damage imposed by global warming by the end of the century will be about 3% of GDP.
The underlying problem, though, is that both regulators and bankers continue to rely on mathematical
models
that promise more than they can deliver for managing financial risks.
Although regulators now place their faith in “macro-prudential”
models
to manage “systemic” risk, rather than leaving financial institutions to manage their own risks, both sides lumber on in the untenable belief that all risk is measurable (and therefore controllable), ignoring Keynes’s crucial distinction between “risk” and “uncertainty.”
The trouble is that today’s best climate
models
show that immediate action will do little good.
If the point is to replace our current governments with more accountable models, we need to use new online tools not only to throw out the old, but also to bring in the new.
That strategy must also include changes, say, to business models, incentives, innovation strategies, and regulatory regimes – changes that should be pursued by people whose education has prepared them to address the effects of their work on the rest of us.
If you want to buy something, you might go directly to Zalando or Amazon, where you can research
models
and prices, get reviews, and pay for your purchase all at once.
For example, many have pointed out that Theresa May, the Conservative prime minister, campaigned poorly, and that pollsters’
models
underestimated turnout by younger voters.
Such large trade agreements have become particularly important as a means to bridge the two competing economic and ideological
models
that increasingly divide the world: China and Russia’s authoritarian state capitalism and Western-style democracy and rule of law.
The mainstream
models
used by academics and policymakers differ in important respects but are depressingly similar in others.
There are no obvious
models
to draw on.
But polarizing new
models
of competition and resistance to trade are not the way to restore trust.
The fact is that rapid social, technological, and environmental change is challenging both the Western and Chinese
models
of governance and development, with both requiring significant reform.
As usual, the pact’s advocates have marshaled quantitative
models
that make the agreement look like a no-brainer.
There is no disagreement between the
models
on the trade effects.
It would be far better to consider the full range of possibilities highlighted by the
models
on offer, instead of putting all the weight on a single one.
The bottom line is that neither side’s
models
generate numbers reliable enough on which a case for or against the TPP can be made.
It should have been apparent that most central banks’ pre-crisis
models
– both the formal
models
and the mental
models
that guide policymakers’ thinking – were badly wrong.
They continued to use the old discredited models, perhaps slightly modified.
In these models, the interest rate is the key policy tool, to be dialed up and down to ensure good economic performance.
Of course, if there were no banks, there would be no central banks, either; but cognitive dissonance has seldom shaken central bankers’ confidence in their
models.
If central banks continue to use the wrong models, they will continue to do the wrong thing.
Defective growth
models
in advanced countries, based on excess credit and domestic aggregate demand (and complicated by structural flaws and limited adjustment mechanisms in Europe), led to instability, a crisis, and a large negative shock to the real economy.
Back
Next
Related words
Their
Business
Economic
Which
About
Growth
Countries
Would
Other
There
World
Global
Could
People
Different
Economy
Financial
Should
Economists
Climate