From: John Conover <john@email.johncon.com>
Subject: Re: Quantitative Analysis of Non-Linear High Entropy Economic Systems Addendum
Date: Sat, 04 Jan 2003 20:46:47 -0800
There was an appendix added to the Quantitative Analysis of
Non-Linear High Entropy Economic Systems Addendum.
The appendix concludes with an analysis of the significant
declines in the US equity market indices over the last
hundred years-and offers a simple methodology for calculating
the severity of the declines.
The stochastic evolution of declines in equity market values
and economic recessions do, indeed, have shapes.
John
http://www.johncon.com/john/correspondence/020508170137.5425.html#appendixII
--
John Conover, john@email.johncon.com, http://www.johncon.com/