This paper improves upon de Brouwer and Ericsson's (1998) model of Australian inflation in three directions: cointegration analysis, treatment of weak exogeneity, and model design. On the third issue, recent developments in computer-automated model selection help obtain a more parsimonious, empirically constant, data-coherent, encompassing error correction model for inflation in...
Cooling future cost inflationMakes senseAlthough you COULD should take those 80+ watt desktops and grid them together in a distributed fashion - thus adding little-used CPU power into a big pool. This allows for ALL computers great and small to be loaded and configured EXACTLY THE SAME. This of course...
Waxman-Markey is great news for Sun - because doubling American energy costs within two years will first drive people to data center consolidation and then, finally, to facing the reality that 80 Watts PCs on user desks are heat producing power hogs that can be replaced with 4 watt Sun...
Energy Secretary Chu on saving our futureObviously a smart guyHe's from an academic background, and he is comfortable with new technologies.I don't know how much he values "real world" economics, though. Just because an electric car would be practical if battery technology improved 5x doesn't mean we should be...
Analyst: 'Worst economic environment in our collective lifetimes'A few scratches?Anyone who escapes this exercise in a futile disaster with less than the full effects of a major machete attack will have to be not only skillful, but very very lucky, as well as blessed from On High.Glad i am in...
An extensive and easy-to-use collection of financial tools and calculators aimed at both home and professional users. Features include: mortgage analysis, retirement analysis, personal budgeting, investment, savings and annuity calculations, future and residual value calculations, planning for your children's education, interest rate conversions, inflation calculations. It even includes a lottery...
This paper assesses the empirical merits of PcGets and Autometrics - two recent algorithms for computer-automated model selection - using them to improve upon Kamin and Ericsson's (1993) model of Argentine broad money demand. The selected model is an economically sensible and statistically satisfactory error correction model, in which cointegration...
There's a brewing backlash among software customers as big vendors raise their support and maintenance prices. Dennis Howlett has captured an emerging backlash among SAP customers over an enhanced support and its costs. Oracle is doing the same drill. And Mary Jo Foley detailed a "proactive" support...
No matter what plan you're on, the increase is roughly the same, within a few tenths of a point. It's more than double the rate of inflation, meaning health care will keep swallowing more of the national budget next year. by Dana Blankenhorn
We have reached the stage in the health care debate where everyone is pointing the blame, and pointing it elsewhere. It's like the Family Circus Not Me. Who did it, Billy? Not me. In this case the Not Me is a study, from AdvaMed,...
Everyone talks about medical inflation. But no one does anything about it. (Picture from Majorconflict.com, a liberal blog.) A quick look at the figures gathered by Watson Wyatt today make that point clearly. Medical inflation is a global phenomenon. Whether you run it privately...
Fed slashes interest rates by half pointAfter some 20 increases in the last few years...They are gonna have to do more than that.One day they will learn to leave it the hell alone instead of upping them to stop inflation. That does NOT work and only sends us into...
Notable headlines: George Ou: How LCD makers inflate their contrast ratio score Google NORAD Santa tracker Robin Harris: Mac OS X Leopard still not ready for prime time Larry Dignan: Can an airline exec run Red...
FinancesOSX calculates the value of any of five separate parameters for Loans, Investments, Deposits, Withdrawals and Inflation, when given values for the remaining four parameters. An amortization table is provided for loans. Loans are conventional installment loans with an initial loan amount to be paid back in regular payments over...
Innovation inflationIBM turns to "internal" VC??Hi,I have been noticing something strange from IBM for a long time now.I thought it was time someone else noticed that too.IBM had several initiatives to harness business ideas inside the company.One wonders why they did not do this in the past?Too much formal processes...
About 15 miles south of San Jose, down a country lane, and hidden behind one of the scenic rolling hills of "Steinbeck country" is IBMs Silicon Valley research and development labs.It used to be called Santa Teresa Labs, opened in 1977 with about 3,000 square feet, housing about 1300 researchers,...
Google's Achilles' Heel: click fraud PPC inflationJust the beginningThis is just the beginning. There are large click-fraud rings. And the members make thousands of $$$ each month from sending each other traffic with no intention to buy anything.Google MUST know this.overblownClick fraud is overblown. The bottom line is...
The Google auction driven Pay Per Click advertising model responsible for the company’s $113 billion market cap is inherently vulnerable due to 1) click fraud and 2) bid price inflation.CLICK FRAUDIn “Click Fraud: What does Google fear?” I discuss Google’s strategic assault against the work of click fraud consultants.posting at...
US personal incomes rose 0.7% in January 2006, but higher inflation eroded most of the gains, US Commerce Department reported. Consumer inflation increased 0.5% in January 2006 on higher energy costs. Core inflation increased 0.2%.
Freedom of Anonymous Speech: Ross Mayfield writes of the Wikipedia debate.... Beyond this attempt to weaken anonymity on the Net, Wikipedia's open nature is also under attack. Adam Curry edited podcasting history in his favor. Big deal. It's a wiki, just edit it if you disagree and let the community's...
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