Exponential growth results from the large increases in research effort that offset its declining productivity.
He said the large increases resulted from many years of undervaluation.
Investors have tended to ignore the large increases in executive pay as long as share prices are also going up.
It does not, he concluded after studying the large increases in income during the stock market surge of the 1990s.
The large increases in per capita income since the 1960s have generated much more money for both urban and rural people to spend on luxury goods and entertainment.
At the same time, the large increases in grant aid from 2009 to 2011 have slowed and have not kept pace with rising tuition.
The Bank of England governor, Mervyn A. King, has said that the central bank has been "surprised" by the large increases in consumer prices.
"While the large increases in applications from India and Brazil are encouraging, the decrease in Chinese applicants needs attention," she said.
My research with Sean Reardon documents the increasing spatial separation of the rich and poor and links this increasing spatial separation to the large increases in income inequality that we've experienced since the 1970s.
We now know that this epidemic was likely caused by the large increases in the number of opioids prescribed by clinicians to their patients, which increased at least four-fold between 2000 and 2010.
The large increases in government debts that we have witnessed in recent decades are less a consequence of fiscal irresponsibility than a response to shortfalls in private investment relative to private saving.
