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For intermediate and high levels of agency conflict, there are aggregate investment distortions along the equilibrium path, investment dynamics are history-dependent, and depict patterns of persistent investment booms or investment busts even though investors design optimal incentive contracts based on Bayes-rational beliefs.
The ethanol conversion plant business is booming.
Again, directional atherectomy was booming once again.
Business boomed.
CRASH, crash, boom, boom, slide.
Attendance boomed.
Exports boomed.
The rain was persistent but that didn't hinder the final act of the night, Laidback Luke, who played his loud and notorious festival anthems which boomed throughout the packed park.
A persistent legacy of baby-boom pop culture has been the sarcastic attitude embodied by the early days of "Saturday Night Live": shockingly wicked derision that is at once smart and goofy.
An economic boom, and yet persistent unemployment and unemployability -- on 129th Street, the combination furthers a streak of nativism.
But there are persistent concerns that any resource boom could be jeopardized by corruption, worsening security and political instability.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com