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Old 08-07-2011, 10:37 PM   #380
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post-industrial society (PO)<br />An economically advanced society with a declining manufacturing activity and expanding service sector. This inter-sectoral switch has coincided with the shrinking of the size of the working class, the growth of education and the growth of new industries based on INFORMATION TECHNOWGY. With declining manufacturing activity, an economy becomes more decentralized as, increasingly, productive activities move from factories and offices back to the home, in some senses resembling the pattern of economic activity before the Industrial Revolution.<br /><em>See also:</em> de-industrialization; new economy <br /><em>Reference</em><br />Bell, D. (1973) The Coming of Post-Industrial Society, Cambridge, MA: Harvard University Press.<br /> Shelp, R.K. (1981) Beyond Industrialization, New York: Praeger.

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event study (C5, GO)<br />The analysis of the statistical significance of the occurrence of a particular type of event, e.g. a stock repurchase or financial restructuring, for the market value of a company in a financial market.
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