Questions tagged [policy]

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Certificates of origin for electricity that was subsidised by Germany's EEG (Renewable Energy Law)

In Germany there is the EEG (Erneuerbare Energien Gesetz - Renewable Energy Law). The rough outline of the law is as follows: If I run a solar installation and feed electricity into the grid, I get a ...
Merlin Nestler's user avatar
6 votes
2 answers
79 views

Are there some sucessfull pro-natality economic policies?

Many people are warning against demographic decline in the Europe and USA. Is there any evidence that economic policies or subsidies can help increase birth rates?
Ezekiel's user avatar
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1 answer
72 views

Is there a name for adjusting bad regulation until its negative impact is no longer detectable?

Taking (a highly simplified view of) Minimum Wage as an example: A standard "pro" argument is that an effective Minimum Wage increase improves the standard of living of the lowest-wage ...
Arnon Weinberg's user avatar
0 votes
0 answers
109 views

McKelvey-Schofield Chaos Theorem Without Agenda Setter

The McKelvey-Schofield Chaos Theorem states that in a multidimensional preference space, it is almost always possible to reverse engineer the implementation of your desired policy by constructing an ...
user10478's user avatar
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0 votes
1 answer
59 views

Opinions on implementing heavy taxation for low fuel efficiency vehicles as a policy measure to address rising gasoline prices

I am currently considering a policy proposal to address the issue of rising gasoline prices and their impact on our country. Specifically, I am contemplating the idea of implementing heavy taxation on ...
zzz's user avatar
  • 3
0 votes
1 answer
143 views

Euler Equation and Policy Functions

I'm doing some self-studying using the publicly available preliminary exams from UC Davis and need help understanding a statement given in the solutions. This particular problem is from the 2015 ...
qwerty's user avatar
  • 517
1 vote
3 answers
91 views

Discussing Difference-in-Difference Assumption of the treatment assigment

while reviewing some of the literature on DiD and Event Study designs, I come up with a general question, since DiD is by definition a quasi-experimental approach to determining causal effects when ...
John M. Riveros's user avatar
1 vote
0 answers
44 views

Contractionary monetary policy to tame inflation. Paradox?

One of the consequences caused by high inflation is lower economic growth. The central bank, by contractionary monetary policy, increases interest rates in order to decrease aggregate demand and lower ...
user42354's user avatar
1 vote
0 answers
32 views

Is inflation the cause or just the consequence? [closed]

Inflation is usually referred as an issue to the economy and we analyze its consequences on income and economic growth. My undestanding however is that the real issue is the negative shift in ...
user42354's user avatar
0 votes
1 answer
87 views

Why does Game Theory seem to ignore the impact that collectively altering a player's possible strategies can have on their utility?

A recurring theme I've noticed in Game Theory is the tendency to dish out ideas for collective action, with the stated goal of tipping or forcing society toward a strategy vector with better (perhaps ...
user10478's user avatar
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-2 votes
1 answer
45 views

Is possible implement a thrid-way economy without undesired side effects, that persists in time? (Under the Austrian School of Economy) [closed]

The questions is very much in the title, but some clarification are necessary For the porpourse of this question the term third-way economy will be defined as a economic system that tries to have ...
Erdel von Mises's user avatar
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What is the author trying to imply in this sentence? what is employment per unit of capital?

"The usage of extra machinery does not cause unemployment since, employment per unit of capital is large in labor-intensive products that the country exports and the vast world market allows ...
user3511143's user avatar
0 votes
1 answer
39 views

US minimum wage beyond $15 per hour

Current policy debate among US lawmakers includes proposals for raising the minimum wage nationwide to \$15. It is currently \$7.25 by federal statute, which is the amount in effect except in states ...
brainchild's user avatar
1 vote
1 answer
163 views

Is there any example to see the differences among Rawlsian ethics, Utilitarianism or (classical) liberalism ethics in policy economics?

From a decent answer and comment here of 1muflon1, I am motivated to know more about Rawlsian ethics, Utilitarianism, or (classical) liberalism ethics in policy economics. However, so far, I still not ...
Phil Nguyen's user avatar
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2 votes
1 answer
85 views

Analyzing a Gambling Race Paradox

Suppose a number of players are given $100$ points each, and repeatedly engage in a gamble having positive expected value, with the goals of being the first player to reach $100000$ points. Solving ...
user37672's user avatar
1 vote
1 answer
59 views

Impact evaluation of a policy when different individuals adopt the policy at different times

Let there be a policy $T$ which can either be implemented or not implemented by an organisation. Suppose there are $n$ organisations and the outcome variable $Y$. The policy is not centrally imposed- ...
Ishan Kashyap Hazarika's user avatar
0 votes
4 answers
62 views

How do I test if a given policy was successful?

I have some data for medical R&D and sales, my professor has asked me to check if a policy implemented in 2016 has made any effects on R&D and R&D/Sales data. I tried to plot growth rates ...
Hardik's user avatar
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3 votes
1 answer
120 views

Are there economic studies surrounding the efficacy of gun control?

In light of a recent mass shooting in Nova Scotia, the Prime Minister of Canada intends to ban a lot of firearms. I have seen both sides of this debate, notably whether or not gun control is an ...
Brennan's user avatar
  • 620