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Blog Post: Debtwatch: Inflation or Noflation?

April 28, 2012 by MoneyScience   Comments (0)

The latest CPI data from the ABS has revealed noflation for first quarter of 2012. The previous December 2011 quarter also recorded noflation, contrary to RBA expectations of inflationary pressure from the minerals boom. It is likely that Tuesday’s meeting will be the point at which the RBA will have to abandon their expectations of […] ↓ Read the rest of this entry...

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Blog Post: WealthandCapitalMarketsBlog: Interest Groups, Games, and Social Media: Why Should a Wealth Manager Care?

April 27, 2012 by MoneyScience   Comments (0)

I have seen several impressive examples of wealth managers leveraging social media technology by using games and establishing interest groups/public communities to expand its relationships with clients. For example, HypoVereinsbank has created a Facebook page and a “Youth Culture” blog, which features fashion discussions, concert ticket giveaways, information on upcoming festivals and on art collections at the bank, etc.  Wells Fargo has been very active in setting up interest group blogs...

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US Takes a Note from Ireland on Open Data

April 27, 2012 by Jenz514   Comments (0)

The US has launched open data standards that were originally developed in Ireland, John Kennedy reports. He writes, “The open data movement is in full swing and tools and standards created in Ireland are to prove pivotal to open data employed by the US government. It emerged today that agencies in the US Government have adopted a set of web tools and standards developed in Ireland by researchers at NUI Galway’s Digital Enterprise Research Institute (DERI). DERI’s technologies are being utilised by Data.gov, a portal developed to bring an unprecedented level of transparency to the US government. DERI’s research, which is funded by Science Foundation Ireland, focuses on enabling networked knowledge, using the latest semantic web and linked data technologies.” continued…

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Applying Semantic Technology to Big Data

April 27, 2012 by Jenz514   Comments (0)

Rob Styles has written an article regarding how semantic technologies can be effectively applied to the third V of Big Data: variety. (The other two Vs are volume and velocity.) Styles writes, “That third V of the Big Data puzzle is where I’ve been helping people use graphs of data (and that’s what RDF is, a graph model). Graphs are great where you have a variety of data that you want to link up. Especially if you want to extend the data often and if you want to extend the data programmatically — i.e. you don’t want to commit to a complete, constraining schema up-front. The other aspect of that variety in data that graphs help with is querying. As Jem Rayfield (BBC News & Sport) explains, using a graph makes the model simpler to develop and query.” continued…

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Blog Post: EconometricsBeat: A Bayesian Consumption Function

April 27, 2012 by MoneyScience   Comments (0)

What the title of this post is supposed to mean is: "Estimating a simple aggregate consumption function using Bayesian regression analysis". In a recent post I mentioned my long-standing interest in Bayesian Econometrics. When I teach this material I usually include a simple application that involves estimating a consumption function using U.S. time-series data. I used to have this coded up for the SHAZAM package. EViews isn't appropriate as it doesn't include a numerical integration...

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Semantic Commerce: Structuring Your Retail Website for the Next Generation Web

April 27, 2012 by Jenz514   Comments (0)

Are you wondering why your product pages don’t stand out in search results like those from Amazon (shown below) or other competing e-commerce websites? These expanded results are commonly known as Rich Snippets (as named by Google) and are the result of having your HTML structured correctly with semantic markup. Whether you’re savvy to HTML5 and the latest design trends, or you haven’t updated your website code in years, this is article will explain why it’s important you structure your data properly utilizing semantic standards.

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Blog Post: RobertPestonBlog: Do investors have the power to curb excessive bosses' pay?

April 27, 2012 by MoneyScience   Comments (0)

In spite of widespread public anger about the millions of pounds paid to top bankers and executives of other companies, ministers have chosen not to intervene directly.read more...

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