Latest Economic model Stories
Large-scale microfinance programs are widely used as a tool to fight poverty in developing countries, but a recent study from the Consortium on Financial Systems and Poverty suggests that they can have varying results for participants and may be the most cost-effective use of funds only in limited situations.
Modeling biological systems can provide key insights for scientists and medical researchers, but periodic cycles that repeat themselves – so-called oscillatory systems – pose some key challenges.
2012 is the UN International Year for Cooperatives.
The world can deliver sudden and nasty shocks. Economies can crash, fisheries can collapse, and climates can pass tipping points. Providing early warning of such changes currently requires the collection of enormous and often prohibitive amounts of data.
Unemployment time series in Spain behave in a chaotic way according to a study at the University of Seville. Such chaos demonstrates the complex and unpredictable nature of the Spanish labor market in the long run.
Current approaches to calculating failure probability in complex engineering structures can be inefficient and result in inconsistency, but a Wayne State University researcher is working to change that.
Ever wondered how meteorologists can accurately predict the weather?
- An uxorious, effeminate, or spiritless man.
- A timorous, cowardly fellow.