Evaluating the feasibility and performance of the Schwartz-Moon model Jan Klobucnik and Soenke Sievers (University of Cologne)show that it is comparably accurate to the traditional sales multiple with key advantages in valuing small and non-listed firms. Consequently, the model seems suitable for detecting misvaluations as the dot-com bubble.
Surprising findings. You hear so much about the productivity gains technology brings; but apparently the fields of application are still too narrow. Healthcare, law,administration are way behind.
Barry Bosworth from the Brookings Institution examines the US China relationship.
He sees the expansion of U.S. exporting capabilities as critical to its future
performance.
