Models
in sentence
1964 examples of Models in a sentence
To be taught
models
that began by assuming that unemployment didn't exist seemed a peculiar place to begin.
Our
models
helped explain why markets didn't work in the way the standard theory said they should: why markets might not exist, why there might be unemployment, why there might be credit rationing.
This contributes to frictions between these institutions and countries they advise: many bright, young economists working for developing country governments base their analyses on a deeper understanding of the market economy than that provided by the old ideology and the simplistic
models
guiding some of the international bureaucrats.
It also demands new business models, a redefined concept of legal ownership and use, new public-tendering rules, and novel financing strategies.
In principle, credit ratings are based on statistical
models
of past defaults; in practice, however, with few national defaults having actually occurred, sovereign ratings are often a subjective affair.
North observed that institutional change is extremely difficult, as it requires overcoming not only vested interests, but also outdated belief systems and mental
models.
There could be no clearer indication that China is willing to upgrade its belief systems and mental
models
in order to achieve high-income status.
In an Africa bereft of successful populist politicians, Zuma’s role
models
may come from Latin America, where income inequality is also extreme and the trade-union movement, as in South Africa, is strong and militant.
Notably, the business sector is asked to take a more active role to reduce its carbon footprint, commit to 100% renewable energy and zero emissions, shift investments into renewable energy, adopt more sustainable business models, and assist in the divestment from fossil fuels.
Politicians will base their decisions on global warming
models
that simply assume that technological breakthroughs will happen by themselves.
Just as the West has provided exports and expertise to bolster Asia’s economic expansion, Asia offers opportunities for advanced economies to transform their growth
models
to cope with the challenges of globalization.
I am confident that the founders of Facebook, Google, and other major Internet platforms did not intend to cause harm when they adopted their business
models.
The advertising business
models
they chose were leveraged by personalization, which enabled advertisers to target their messages with unprecedented precision.
Despite all the rhetoric about "old" and "new" Europe, at the end of the Cold War opinion surveys showed that two-thirds of Czechs, Poles, Hungarians, and Bulgarians perceived the US as a good influence on their respective countries, but fewer than a quarter wanted to import American economic
models.
Taken together, they will upend old business
models
and institutions, heralding a new era of economic, social, and political history.
All of this raises a simple question: Do extensive- or intensive-growth
models
really exist?
Failure to recognize the fundamental slowdown that is occurring is reinforcing the expectation that old
models
can revive growth – an approach that will only create new fragilities.
Just as Bill Murray’s character could not escape Groundhog Day without radically changing his life, we cannot expect different economic outcomes without fundamentally different growth
models.
These forecasts have been wrong not because EU countries failed to implement the prescribed policies, but because the
models
upon which those policies relied were so badly flawed.
Who, among those who should be serving as
models
for others, that is, who among the leaders of political parties, denies his own financial machinations with a smirk?
The average of macroeconomic
models
indicates that the total cost of the EU’s climate policy will be €209 billion ($280 billion) per year from 2020 until the end of the century.
Leading
models
of the US economy, in particular, imply that a 10% increase in the cost of imported goods will lead to a one-time increase in inflation of at most 0.7%.
Still, one worries, because the standard economic
models
are notoriously bad at capturing the macroeconomic effects of uncertainty, which trade wars create with a vengeance.
The researchers behind gene drives have only just begun to consider the implications of laboratory-produced genes behaving at odds with what their theoretical
models
predict.
The West can also take some lessons from the various
models
Asian countries are experimenting with as they ramp up domestic innovation.
Simple economic models, often quoted in the media, show that unconstrained global warming would cost a substantial 2% of GDP in the rich world by the end of the century.
Dynamic
models
have become much more common, an economics of the “second-best” has flourished, political economy has become mainstream, and behavioral economics has thrown the “rational actor” into doubt.
The last big idea the Basel committee had was that large banks should calibrate their capital requirement based on their own internal risk
models.
But existing climate
models
show we can do little about it.
As one presenter at the conference summarized: “No
models
have shown a complete shutdown, or a net cooling over land areas.
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