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Consumption, Aggregate Wealth, and Expected Stock Returns

by Martin Lettau, Sydney Ludvigson - THE JOURNAL OF FINANCE • VOL. LVI, NO. 3 • JUNE 2001 , 2001
"... This paper studies the role of fluctuations in the aggregate consumption–wealth ratio for predicting stock returns. Using U.S. quarterly stock market data, we find that these fluctuations in the consumption–wealth ratio are strong predictors of both real stock returns and excess returns over a Treas ..."
Abstract - Cited by 321 (23 self) - Add to MetaCart
This paper studies the role of fluctuations in the aggregate consumption–wealth ratio for predicting stock returns. Using U.S. quarterly stock market data, we find that these fluctuations in the consumption–wealth ratio are strong predictors of both real stock returns and excess returns over a

GridSim: A Toolkit for the Modeling and Simulation of Distributed Resource Management and Scheduling for Grid Computing

by Rajkumar Buyya, Manzur Murshed - CONCURRENCY AND COMPUTATION: PRACTICE AND EXPERIENCE (CCPE , 2002
"... Clusters, grids, and peer-to-peer (P2P) networks have emerged as popular paradigms for next generation parallel and distributed computing. They enable aggregation of distributed resources for solving large-scale problems in science, engineering, and commerce. In grid and P2P computing environments, ..."
Abstract - Cited by 375 (64 self) - Add to MetaCart
Clusters, grids, and peer-to-peer (P2P) networks have emerged as popular paradigms for next generation parallel and distributed computing. They enable aggregation of distributed resources for solving large-scale problems in science, engineering, and commerce. In grid and P2P computing environments

Analyzing Peer-to-Peer Traffic Across Large Networks

by Subhabrata Sen, Jia Wang - IEEE/ACM Transactions on Networking , 2002
"... Abstract—The use of peer-to-peer (P2P) applications is growing dramatically, particularly for sharing large video/audio files and software. In this paper, we analyze P2P traffic by measuring flowlevel information collected at multiple border routers across a large ISP network, and report our investi ..."
Abstract - Cited by 383 (3 self) - Add to MetaCart
investigation of three popular P2P systems—FastTrack, Gnutella, and Direct-Connect. We characterize the P2P trafffic observed at a single ISP and its impact on the underlying network. We observe very skewed distribution in the traffic across the network at different levels of spatial aggregation (IP, prefix, AS

RAID: High-Performance, Reliable Secondary Storage

by Peter M. Chen, Edward K. Lee, Garth A. Gibson, Randy H. Katz, David A. Patterson - ACM COMPUTING SURVEYS , 1994
"... Disk arrays were proposed in the 1980s as a way to use parallelism between multiple disks to improve aggregate I/O performance. Today they appear in the product lines of most major computer manufacturers. This paper gives a comprehensive overview of disk arrays and provides a framework in which to o ..."
Abstract - Cited by 348 (5 self) - Add to MetaCart
Disk arrays were proposed in the 1980s as a way to use parallelism between multiple disks to improve aggregate I/O performance. Today they appear in the product lines of most major computer manufacturers. This paper gives a comprehensive overview of disk arrays and provides a framework in which

Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates?

by V. V. Chari, Patrick J. Kehoe, Ellen R. McGrattan , 2000
"... The central puzzle in international business cycles is that real exchange rates are volatile and persistent. The most popular story for real exchange rate fluctuations is that they are generated by monetary shocks interacting with sticky goods prices. We quantify this story and find that it can acco ..."
Abstract - Cited by 343 (6 self) - Add to MetaCart
The central puzzle in international business cycles is that real exchange rates are volatile and persistent. The most popular story for real exchange rate fluctuations is that they are generated by monetary shocks interacting with sticky goods prices. We quantify this story and find that it can

Developments in the Measurement of Subjective Well-Being

by Daniel Kahneman , Alan B Krueger - Psychological Science. , 1993
"... F or good reasons, economists have had a long-standing preference for studying peoples' revealed preferences; that is, looking at individuals' actual choices and decisions rather than their stated intentions or subjective reports of likes and dislikes. Yet people often make choices that b ..."
Abstract - Cited by 284 (7 self) - Add to MetaCart
of not requiring a cardinal conception of individuals' feelings. Measuring Subjective Experience in Principle and in the Lab The earliest popular conceptions of utility, from Jeremy Bentham through Francis Ysidro Edgeworth and Alfred Marshall, was as a continuous hedonic flow of pleasure or pain. Kahneman has

Belief in a Just World and Redistributive Politics

by Roland Bénabou, Jean Tirole , 2005
"... International surveys reveal wide differences between the views held in different countries concerning the causes of wealth or poverty and the extent to which people are responsible for their own fate. At the same time, social ethnographies and experiments by psychologists demonstrate individuals&ap ..."
Abstract - Cited by 268 (10 self) - Add to MetaCart
"; ii) why this need, and therefore the prevalence of the belief, varies considerably across countries; iii) the implications of this phenomenon for international differences in political ideology, levels of redistribution, labor supply, aggregate income, and popular perceptions of the poor. The model

The MetaCrawler Architecture for Resource Aggregation on the Web

by Erik Selberg, Oren Etzioni - IEEE Expert , 1997
"... The MetaCrawler Softbot is a parallel Web search service that has been available at the University of Washington since June of 1995. It provides users with a single interface with which they can query popular general-purpose Web search services, such as Lycos[6] and AltaVista[1], and has some sophis ..."
Abstract - Cited by 182 (1 self) - Add to MetaCart
The MetaCrawler Softbot is a parallel Web search service that has been available at the University of Washington since June of 1995. It provides users with a single interface with which they can query popular general-purpose Web search services, such as Lycos[6] and AltaVista[1], and has some

Aggregation Operators and Quadric

by unknown authors
"... Abstract Aggregation operators that are quadric hypersurfaces are studied. The in-terest lays in the fact that the most popular aggregation operators are indeed quadric ..."
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Abstract Aggregation operators that are quadric hypersurfaces are studied. The in-terest lays in the fact that the most popular aggregation operators are indeed quadric

Aggregation kinetics of popularity

by S. Redner , 2002
"... The tools ofaggregation kinetics are applied to the “popularity ” phenomena ofsingle-lane tra c clustering, and to the growth ofa network that mimics citations ofscienti c publications. In the latter, the network is built by introducing papers (new nodes) one at a time, with preferential linking to ..."
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The tools ofaggregation kinetics are applied to the “popularity ” phenomena ofsingle-lane tra c clustering, and to the growth ofa network that mimics citations ofscienti c publications. In the latter, the network is built by introducing papers (new nodes) one at a time, with preferential linking
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