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 ?
has successfully built a unique financial planning system that addresses the complex needs of high-net worth clients.
Version 9 was designed to meet the specific needs of our client base, providing new features that give the Advisor Series some of the best functionality found in any mid-to-large-scale enterprise budgeting and financial planning system.
The new features in Version 9 give the Advisor Series some of the best functionality found in any mid-to-large-scale enterprise budgeting and financial planning system.
SRC Software, a leading provider of budgeting and financial reporting systems, today announced that they have signed a distribution agreement with QSP Asia Pacific to resell SRC's Advisor Series financial planning system.

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