model

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Model

Any mathematical formula or other structure that economists use to explain or predict occurrences. Economists test their models with real world facts before they gain wide acceptance, but, even then, there is no guarantee that a model will always be a correct predictor. See also: Model risk.

model

An abstraction of reality, generally referring in investments to a mathematical formula designed to determine security values. Economists also use models to project trends in economic variables such as interest rates, economic activity, and inflation rates.

model

see ECONOMIC MODEL.
References in periodicals archive ?
Considerations addressed were the scale and time scale of orogenesis, strike variations, across-orogen variations, nature and age of the Moho and crustal thickness, and presence of subduction scars and mantle reflections.
Al hablar de castigo o de deseos reprimidos se evidencia el sentido de nuestro epigrafe en cuanto al papel del Ello en las manifestaciones deformantes cuyo escenario es el cuerpo humano y que, en nuestro caso, buscaremos desentranar respecto a la protagonista de Moho.
The desire to pierce the Mohorovicic boundary, or Moho, goes back to the late 1950s, when leading oceanographers conceived "Mohole," a megascience project aimed at drilling straight through the 6-kilometer-thick ocean crust.
This boundary between the crust and underlying mantle is known as the Mohorovicic discontinuity, or Moho.
A surprising result of the current study was the use of CMOP and MOHO conceptual frameworks which Griffin (1993) indicates are not compatible with the acute physical setting.
He points to imminent production from the Elf-Congo Moho and Bilondo fields.
One of the first results was the discovery that the ocean crust appeared to present a consistent, layered seismic structure composed of sediments (layer 1 at the seafloor) followed by two layers with rapidly increasing sound velocity, and then a reflector, dubbed the Moho after the its discoverer, a Czechoslovakian seismologist named Andrija Mohorovicic.
The Moho bounce and wave refraction caused extra-strong waves to focus on a region between the two cities measuring 10 km wide by 15 km long, according to Lomax and Bolt.
The discoveries follow two previous successful exploration wells, Moho Nord Marine-1 and 2, drilled in the permit area in 2007 and the positive appraisal wells Moho Nord Marine-3 in 2008 and Moho Nord Marine-4 in 2009.