In this paper, we introduce our concept of the Idea Multiplier, a metric to measure the spread of new ideas. Because the Idea Multiplier has recently accelerated, we expect productivity growth to rise in the near future.
This research paper presents a methodology for estimating the trading volume on US exchanges attributable to the portfolio management activity of index funds, index ETFs and other indexing strategies. We estimate that index funds and index ETFs currently account for approximately 1% of US trading volume.
This Vanguard research paper explores how tightening financial conditions and greater policy uncertainty influence the likelihood of recession. The paper also looks at the effects on US Federal Reserve interest rate policy.
19 Apr 2019
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