Questions tagged [adjustment-costs]

The tag has no usage guidance.

Filter by
Sorted by
Tagged with
2
votes
0answers
42 views

Adjusting reported costs figures

What would be the correct procedure to adjust costs figures to make them comparable? For example, I find two papers that report the cost of similar pesticides in a developing country. One reports ...
1
vote
2answers
77 views

Loan money circulation? [closed]

I have a hypothetical situation and couple of such questions. Imagine a situation like this: You need 1000€ a month in order to survive. There are three loan providers you can borrow the amount of ...
1
vote
1answer
57 views

(tax with) costs to first order

1) What does it mean that something (in this context the taxation) has (or doesn't) costs to first order? So, below is an excerpt from Romer's Advanced Macro (p. 598) with such a statement that I've ...
4
votes
3answers
229 views

Scaling Adjustment Costs

Take a cont. diff, convex and increasing cost function $c(X)$. Say you start with a stock $K$, and want to (dis)invest $I$. Many adjustment cost functions (for example, the first example on page 2 ...