Overshooting a runway is the most common type of commercial aircraft accident in Indonesia and elsewhere.

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In the absence of a helpful shoeshine boy, magazines can play a small part in this overshooting.

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Market sentiment can turn on a dime, and the foreign-exchange market is notorious for overshooting when it changes its mind.

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In telecommunications, mobile phones have for years been disrupting the incumbent fixed-line providers, but now they themselves are in danger of overshooting.

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The Bank of England's inflation target, set by the government is currently 2.5%: undershooting the target is no less undesirable than overshooting it.

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First, however, the government must stop the overshooting in the exchange rate that took the real to 2.25 to the dollar earlier this month.

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Also, if the basic idea now seems simple, it is because economists have become accustomed to applying this equilibrium-through-overshooting logic to all kinds of other phenomena.

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The pilot of an airliner that crashed and burst into flames after overshooting a short, rain-soaked runway apparently tried to take off again, barely clearing rush-hour traffic on a major highway.

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Could this explain the IMF's overshooting?

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With an inflation-rate target, any undershooting of the goal is treated as over and done with, but with a price-level target any undershooting must be made up for later by a period of overshooting, so the inflation rate aimed for can vary from year to year.

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