According to conventional theory, markets tend towards equilibrium, function without any discontinuity in the sequence of prices, and deviations occur in a random fashion. As a result, market risks can be equated with the risks confronting individual market participants.

According to simple economic models, when the money market is in full prosperity equilibrium, the debt market is too. But in the real world, it might have been more effective for governments to buy back risky debts and induce lenders to write off losses.

It does an equilibrium glide. Highly controlled.

But it's being balanced like that in equilibrium.

It's a revolution in that it's a change in equilibrium.

We could apply the theory of punctuated equilibrium to languages.

This appears to be one of those times. Labor markets have been knocked out of equilibrium as new technology and shifting global supply chains have caused demand in the labor market to change faster than supply can adjust.

And that equilibrium is not what the United States would like, but it's probably an equilibrium that the United States can live with, and that a lot of others can live with.

They created the scenarios using outputs from equilibrium and or transient GCMs.

That equilibrium lies at the heart of the potential of those mechanisms.

Why not also for England, for that matter? An equilibrium in which Scots vote on English laws but the English have no vote on Scottish laws will not remain an equilibrium for long.

He says, the problem with thermal equilibrium is that we can't live there.

Are they ever in equilibrium in the way that you see your work?

But any further move toward interest rate liberalization must account for all potential costs and benefits. Chinese policymakers should begin with a careful examination of the effects of current financial repression (the practice of keeping interest rates below the market equilibrium level).

Society will be exposed to putrid legislation and that will affect the societal equilibrium .

Consider Adam Smith s concept of the invisible hand, which implies that a market equilibrium is efficient if perfect competition prevails and well defined property rights exist. Contrary to what many critics suppose, mainstream economists do not assume that these ideal conditions are always present.

So Boltzmann says, look, you could start with a universe that was in thermal equilibrium.

So economists talk about game theory that every two person game has a Nash equilibrium.

So when the fish control the urchin population, the ocean was restored to its natural equilibrium.

That number is then adjusted for the inflation differential between the country and its trading partners. If the resulting real exchange rate is not too far from that of the base year, the market is said to be in equilibrium, and little or no further depreciation should be expected.

We would not be able to process information, metabolize, walk and talk, if we lived in thermal equilibrium.

The universal view was that without the industrial and agricultural revolutions, planet Earth would still be in equilibrium.

What Europe is trying to do in Portugal and Greece is reminiscent of central banks futile efforts in past decades to keep exchange rates away from the market equilibrium price level. Some central banks, such as the Bank of England in its unsuccessful fight against George Soros in 1992, got burned when it became clear how much money was required to buck the market, the policy was abandoned.

An increase in the price of a tangible good would typically cause demand to fall, leading the market toward a new equilibrium. By contrast, an increase in the price of an asset like a stock raises expectations of a further increase, causing demand to rise, potentially to excessively high levels.

This is Niles Eldredge. He was the co developer with Stephen Jay Gould of the theory of punctuated equilibrium.

In China, changes in the export sector s structure similar to those observed in Japan are now taking place. These changes are likely to make today s attempts to find an equilibrium yuan dollar exchange rate seem just as chimerical in hindsight as previous calculations of the yen dollar equilibrium rate.

Interest rates, employment, aggregate demand, and technological and institutional innovation all play a role. As the economist Joan Robinson pointed out in 1947, just about any exchange rate will be the equilibrium value for some combination of these other variables. The equilibrium exchange rate, she famously argued, is a chimera.

Given that an exchange rate is the relative price of a currency, as more euros come into circulation, their value has to fall substantially to establish a new equilibrium in the currency market. Experience with similar programs in the United States, the United Kingdom, and Japan has shown that QE unleashes powerful forces of depreciation.

And then, what population of the Earth would be an equilibrium that could continue on, and be for 2050, 2100, 2150?

But in any event, by the end of this year, beginning of next year, we get to a stable equilibrium outcome.

An expanded Europe, which maintains a relationship of trust with Russia, uses its influence and strength to promote peace and equilibrium.

Large current account surpluses and or rising terms of trade imply that the equilibrium real exchange rate (the relative price of foreign to domestic goods) has appreciated in countries like China and Russia. Thus, over time the actual real exchange rate needs to converge via real appreciation with the stronger equilibrium rate.

They could also be used to recalibrate existing applied general equilibrium models, which usually do not include NTBs, at least not extensively.

The OMT program s supporters point out that it has calmed the financial markets by affirming the ECB s readiness to step in as a lender of last resort and buy sovereign debt before a country goes bust. By driving the market to a so called good equilibrium, such a country s yields remain low, and it can continue to borrow.

The first is, the system has to be in non equilibrium. That means the system cannot be dead, in a matter of fact.

Furthermore, this equilibrium must be supported by an enabling international environment that complemented a sound approach by African countries at the domestic level.

The result is far shorter waiting lists for day nurseries, and supply and demand are now in equilibrium in many parts of the country.

But no amount of posturing can offset the disintegration of the economy s material base caused by the new equilibrium in the oil market. In this sense, the US has come to Europe s rescue in a different way Its production of shale oil and gas is likely to play a greater role in keeping Russia at bay than NATO troops on Europe s eastern borders.

Item 4 Market access, market entry and competitiveness

Even if the employment subsidy were offered only for, say, one year, firms would be tempted to use more labor during this time. And, because the current bout of high unemployment is self reinforcing, once the equilibrium is broken for a while, the economy could move to a higher employment equilibrium permanently, without the need for any further government support.

We can find ways to interact with these other species that doesn't involve exterminating them, but involves finding an equilibrium with them that's a useful balance.

This state of alienation not only had prevented her from giving her daughter the support she needed, but also had seriously threatened her daughter's mental equilibrium.

Even if exhaustive information were available, the construction of a general measure of NTBs could be tedious, as general equilibrium effects are likely to be excluded.

I explain chemical equilibrium using analogies to awkward middle school dances, and I talk about fuel cells with stories about boys and girls at a summer camp.

As to market definition, the KFTC defined the soju market and the beer market as separate markets, taking into consideration various aspects.