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We finally argue that these benchmarks have to be computed at different levels of the achievement distribution, since interventions to reduce the gender gap often focus on specific target groups: the least or the most proficient students.
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"Each one of these benchmarks has to be adapted to the current market conditions," Hirsch says.
"In the task ahead, the benchmark has to be the countries that have been most competitive, not to reduce to the lowest common denominator," she said.
Scaleability of the benchmark allows testing systems of different sizes, and simplicity means that the benchmark has to be understandable and thereby credible.
Accessibility means that the benchmark has to be publicly available, solvability to set the level of the task on suitable level (not too difficult, not hoo hard), independence to guarantee that the benchmark has not been developed with tools to be tested, and evolution to keep the benchmark up-to-date during time.
And new benchmarks will have to be found.
In order to outperform the benchmark, you have to do something different than the benchmark.
What's more, while the oil market remains volatile, futures benchmarks have continued to oscillate within a very predictable $60-80 per barrel range, allowing comperies to focus on firming up their finances.
"Today's proposals will ensure for the first time that all benchmark providers have to be authorized and supervised".
You're still competitive against your benchmark and have to make up only the 4%.
Index funds and ETFs that track the technology benchmark will have to be completely out of Facebook and Alphabet after the reclassification is complete.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com