			Home About us Contact

Remarkable Growth (remarkable + growth)

Distribution by Scientific Domains

Psychology	33%
Humanities and Social Sciences	33%
Business, Economics, Finance and Accounting	33%

Selected Abstracts

The wholesale and retail markets of London, 1660,1840

ECONOMIC HISTORY REVIEW, Issue 1 2002
Colin Smith
Markets and marketing are perennial themes in English economic and social history. Yet they remain largely unexplored in relation to London during a period of remarkable growth and change, the long eighteenth century. This article begins to fill that void, by surveying over 70 London produce markets that existed during the period, and identifying patterns in their collective development. It concludes that the physical market place, though ancient in origin, evolved through the ,commercial revolution' as a highly dynamic and diverse institution that played a significant role in London's distribution. [source]

GLOBAL EVIDENCE ON THE EQUITY RISK PREMIUM

JOURNAL OF APPLIED CORPORATE FINANCE, Issue 4 2003
Elroy Dimson
The size of the equity risk premium,the incremental return that shareholders require to hold risky equities rather than risk-free securities,is a key issue in corporate finance. Financial economists generally measure the equity premium over long periods of time in order to obtain reliable estimates. These estimates are widely used by investors, finance professionals, corporate executives, regulators, lawyers, and consultants. But because the 20th century proved to be a period of such remarkable growth in the U.S. economy, estimates of the risk premium that rely on past market performance may be too high to serve as a reliable guide to the future. The authors analyze a 103-year history of risk premiums in 16 countries and conclude that the U.S. risk premium relative to Treasury bills was 5.3% for that period,lower than previous studies suggest,as compared to 4.2% for the U.K. and 4.5% for a world index. But the article goes on to observe that the historical record may still overstate expectations of the future risk premium, partly because market volatility in the future may be lower than in the past, and partly because of a general decline in risk resulting from new technological advances and increased diversification opportunities for investors. After adjusting for the expected impact of these factors, the authors calculate forward-looking equity risk premiums of 4.3% for the U.S., 3.9% for the U.K., and 3.5% for the world index. At the same time, however, they caution that the risk premium can fluctuate over time and that managers should make appropriate adjustments when there are compelling economic reasons to think that expected premiums are unusually high or low. [source]

Steps toward the ripening of relationship science

PERSONAL RELATIONSHIPS, Issue 1 2007
HARRY T. REIS
Recent decades have seen remarkable growth in research and theorizing about relationships. E. Berscheid (1999) invigorated this growth by proclaiming "The Greening of Relationship Science," the emergence of a multidisciplinary science of interpersonal relationships with enormous potential to advance knowledge about human behavior and to provide an empirically informed framework for improving the human condition. Here I discuss several steps necessary to move the field from a green science toward a more mature, ripened one, including the need to be action oriented but in a theory-building way, to become more cumulative and collective, and to develop an integrated network of theories, constructs, and their observable manifestations. Perceived partner responsiveness is one possible central organizing theme for the diverse phenomena relationship scientists study. [source]

The Council of Economic Advisers on the Changing American Family

POPULATION AND DEVELOPMENT REVIEW, Issue 3 2000
Article first published online: 27 JAN 200
The 2000 Annual Report of the US Council of Economic Advisers (a document exceeding 300 pages, formally an Annex to the Economic Report of the President Transmitted to the Congress February 2000, Washington, DC: US Government Printing Office) devotes considerable space to a discussion of the demographic and economic changes affecting families in the United States. Excerpts reproduced below from the first part of Chapter 5, titled "The Changing American Family," examine the relevant trends in a broad historical perspective, drawing on data in some cases spanning the entire twentieth century. The second part of this chapter discusses the "money crunch": financial constraints "that still burden many families despite the remarkable growth in the American standard of living," and the "time crunch": shortage of time devoted to family needs "that results from the increased participation of parents, especially mothers, in the paid labor market." Policies designed to address these problems are also discussed in the second part of the chapter. [source]

EFFECTS OF TECHNOLOGY ADOPTION ON PRODUCTIVITY AND INDUSTRY GROWTH: A STUDY OF STEEL REFINING FURNACES,

THE JOURNAL OF INDUSTRIAL ECONOMICS, Issue 3 2008
TSUYOSHI NAKAMURA
This paper examines the impact of new technology on plant-level productivity in the Japanese steel industry during the 1950's and 1960's. We estimate the production function, considering the differences in technology between the refining furnaces owned by a plant. We find that a more productive plant was likely to adopt the new technology and that the adoption would be expected to occur immediately following the peak of the productivity level achieved with the old technology. The adoption of the new technology primarily accounted not only for the industry's productivity slowdown but also for the industry's remarkable growth. [source]

Unravelling the dynamics and trends of social capital: Case of South Korea

ASIAN JOURNAL OF SOCIAL PSYCHOLOGY, Issue 2 2008
Jaechul Lee
Analyzing the World Values Surveys, the present study reveals how Korean people trust their fellow citizens and participate in associations in the process of democratization. It has been argued that trust and participation in voluntary associations go hand in hand. Although results revealed a remarkable growth of participation in voluntary associations since democratization, the level of trust has not increased. Instead, it declined sharply during the same period. A further analysis found no obvious connection between levels of civic activism and interpersonal trust, as suggested in the theoretical literature. Contrary to what has been argued in the literature, face-to-face interactions within voluntary associations have not occasioned these civic activists in Korea to greater trust in one another. [source]