All Questions
16 questions
1
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17
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Why do shareholders allow CEOs and other executives to have extraordinarily high salaries compared to regular managers and non-managerial employees?
The wage gap between CEOs and employees varies from country to country. A 2021 article from CNBC discussed how CEOs in the US on average earned 351 times more than the average US employee. The ...
- 131
1
vote
0
answers
24
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The correct classification of system costs: maintenance, excess consumption, necessary consumption, development?
Yesterday I saw in one of the videos on YouTube a classification of the expenses of the system consisting of:
maintaining the system
necessary consumption
excess consumption
development
Please tell ...
- 11
3
votes
2
answers
201
views
Utility maximization for a household consisting of a woman and a man, with gender discrimination
Consider a household consisting of a woman and a man, with preferences over leisure and consumption given by:
$U(\overrightarrow{c},\overrightarrow{l}) = \ln{c} + \ln{l^F} + \ln{l^M}$
where $\...
- 2,351
0
votes
0
answers
25
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the future effects of Covid 19 pandemics on GINI (income inequality)
I would like to analyze the future effect of Covid 19 pandemics on the Gini index (income inequality).
Which dependent variables should I use in order to see the effect of the pandemics?
For example, ...
- 192
1
vote
0
answers
50
views
Imputing # of unemployed from Labor Force Survey
I am working on state-level data, where one state has recently stopped publishing the absolute figures for the number of the unemployed. Instead, it currently only releases U and LFP rates.
...
- 121
2
votes
1
answer
75
views
Constant Elasticity of Substitution (non-special cases)
I am trying to better understand the CES function:
$$Y_{t}=C\left[\pi\left(A_{t}^{K} K_{t}\right)^{\frac{\sigma-1}{\sigma}}+(1-\pi)\left(A_{t}^{L} L_{t}\right)^{\frac{\sigma-1}{\sigma}}\right]^{\frac{...
- 23
1
vote
1
answer
164
views
Job search theory in discrete time
Let us assume that there is a labor who lives in discrete time universe and discounts future payoffs with the discount factor $b\in (0,1)$.
And we assume that this labor is at period $t=0$ at first. ...
- 192
-3
votes
2
answers
120
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Is there no equivalent exchange? [closed]
There is no equivalent exchange. I think it doesn't exist. The so-called equivalent exchange is imaginary. In exchange, one side always makes money while the other side loses money. For example, if ...
- 101
0
votes
1
answer
134
views
Elasticity of substitution between leisure in two periods
This is a basic question, but I am new to macro models. The question is from Romer's text.
Assume a household only has one member and has no initial wealth, and the household lives for two periods. ...
- 103
4
votes
1
answer
171
views
Labour Market: simple macroeconomic modeling
I just started reviewing macroeconomic modeling for an upcoming entry exam, and I'm not sure about my answers in this application:
Suppose that the economy of a country has a representative firm ...
- 237
1
vote
0
answers
87
views
How can I model immigration and xenophobia economically using these equations?
I'm trying to put together a toy model for immigration ($I$), labor prices ($w$), and a measure of xenophobic/nationalistic sentiment ($A$). What I've come up with so far is the following:
$$\frac{dI}...
- 11
1
vote
0
answers
54
views
Can the Goodwin Model of cyclical labor growth be applied in a micro context to specific industries?
I have been doing a bit of research into the Goodwin Model (1967), which generates cycles of economic activity. I understand that this is mostly used in macroeconomics. However, I am curious if this ...
- 73
0
votes
1
answer
37
views
Studying growth in US and Sweden, what variables should I watch out for in a regression? [closed]
I've be assigned a project on growth paradigms in US vs Sweden as part of my introductory course in econ. Can somebody please help me out with regression ideas?
2
votes
0
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62
views
Is America economy, Connecitcut's economy, and the global in general recovering and better than the year 2008?
Please answer all three if you can. I live in Connecticut, America, and of course global trade and economies matter as we are becoming more global from technology.
December 2007 the markets ...
- 1,353
2
votes
1
answer
419
views
Tax wedge in labour market
I'm reading a book ( Macroeconomics - Institutions, Instability and the Financial System ) and on page 62, the authors define tax wedge as the "difference between the real consumption wage and the ...
- 5,121
2
votes
1
answer
123
views
RBC model and indivisible labour
First of all, I would like to apologise for the fact that I will include a link in my question rather than a direct question, however, I have no idea how to do it in a different way.
I have been ...
- 155