Questions tagged [reference-request]

requests for information about papers, books, or other sources that address a particular economic question or issue.

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2 votes
1 answer
31 views

Example of a utility function with cross-price effects in demand functions

I am looking for examples of utility functions where the demand function for a good does not depend solely on its own price, but on the price of the other good(s) as well. For instance, Cobb-Douglas ...
2 votes
1 answer
178 views

Book reference for graphs explaining ad valorem and specific taxes

Does anyone know any book in which I can read and see graphs about the ad valorem or specific tax in monopolies or perfect competition? I need a graph like this with the explanation but i can't find ...
0 votes
0 answers
23 views

Significance of simultaneity BIAS in local retail shop belonging to a big retail chain

This question follows from the previous question on multiplicative BIAS in cross-price elasticity, but I think it deserves its own space. I have scanner data from a small store branch belonging to a ...
2 votes
1 answer
49 views

Multiplicative (Self-reinforcing) BIAS in Cross-Price Elasticity

I have been trying to estimate cross-price elasticity of demand on market optimum data by simple regression such as: $$ln(x_i) = \beta_0 + \beta_i ln(P_i) + \sum_j^J \beta_j \cdot ln(P_j) + \epsilon$$ ...
3 votes
0 answers
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Are higher income people subsidized by the contributions of low income people in pay-as-you-go pension systems

In some countries the main financing of the state pension system is pay-as-you-go. It is my understanding that in these systems the money you pay to the government while you work is not stored in ...
2 votes
1 answer
126 views

Resources for a Deep Dive into the New Keynesian / DSGE models

I would like to deep dive into new Keynesian models and DSGE models. Do you know comprehensive resources that cover both the mathematical and economic requirements?
0 votes
1 answer
133 views

Money transfers from A to B - in what proportions

I have been thinking about how money is kept moving, being transferred from A to B. And when I say A to B I don't just mean purchasing finished goods, I mean absolutely any transfer for any reason. So ...
4 votes
1 answer
52 views

Where can I find research on the impact of informal/unregulated suppliers on prices and externalities?

I am looking for research and papers on the impact of informal/unregulated suppliers on market prices and negative externalities. I am particularly interested in the manufacturing sector.
2 votes
0 answers
17 views

How does CPI respond to change in shipping costs?

Is there any quality research that already attempted to quantify the effect of shipping costs on CPI or inflation? Preferably I am looking for an estimate relevant to EU (however, I understand there ...
1 vote
0 answers
12 views

Dependence of sale-price on bargaining ability

Consider a single seller offering a single item to a single buyer. If the seller's value is $s$ and the buyer's value is $b$ and $s<b$, then every price between $s$ and $b$ is individually rational....
1 vote
0 answers
18 views

Study corruption vs economic growth

I am trying to study how corruption affects the economic growth of a country. I am not trying to look at a global scale. So, I am trying to find some literature on that front. However, some I found ...
0 votes
0 answers
61 views

What is the average capitalization rate ('cap rate') in the UK?

The capitalization rate ('cap rate') of a property is the net operating income (NOI) divided by the current market price of the property. The NOI is the annual income obtained from renting the ...
0 votes
0 answers
9 views

What is the present state of research on the theory of the size and shape of nations?

I recently discovered interesting research from D. Friedman, titled A Theory of the Size and Shape of Nations, where the size and shape of nations is being explained through economic factors. However, ...
6 votes
0 answers
127 views

Biggest breakthroughs in Economics in 2023

I recently went through a few videos by Quanta magazine, talking about what, in their opinion at least, are the biggest breakthroughs in Mathematics, Computer Science, Physics and Biology/ ...
3 votes
0 answers
63 views

Share of empirical papers

In their answer to the question Why economics does not believe in data/empirical evidence? SE main user/mod/dog emperor 1muflon1 linked this image from Angrist et al (2017): My question is whether ...
4 votes
1 answer
117 views

Simultaneous consumption tax and subsidy

Suppose the government introduces a simultaneous tax and subsidy on a consumption good, which is produced under perfect competition. If the tax and the subsidy are equal, then there will be no ...
1 vote
1 answer
66 views

Example of a utility function which yields inelastic demand function

I am looking for a example of a utility function which, when the utility maximisation problem is solved, results in an inelastic demand. The standard examples in textbooks always seem to have unitary ...
1 vote
1 answer
64 views

Amartya Sen's must-read works

When I want to read an economist's papers I go to their google scholar page and sort by citations as the most cited ones are likely to be the ones they're known for There isn't a google scholar page ...
2 votes
1 answer
102 views

Interesting example of general equilibrium effects contradicting RCT results

One of the concerns that one can have regarding the use of RCTs for evaluating policies is that while when done in small scales, the RCTs may show the result in one direction, scaling the policies may ...
1 vote
0 answers
25 views

Good tutorial on constrained optimization with state switching (macroeconomics)?

I am looking for some tutorial (website, book, video or even answer that explains it directly) that explains how to solve dynamic constrained optimization problem with state switching. Preferably the ...
2 votes
2 answers
1k views

Is the book by Nicholson and Snyder more rigorous when compared to Varian's Intermediate Microeconomics?

I am about to start learning college level Economics and the two books that are commonly used are Intermediate Microeconomics by Hal Varian and Microeconomic Theory: Basic Principles and Extensions by ...
1 vote
2 answers
223 views

Did online learning affect the returns to education?

I am interested to know if online learning during the pandemic affected the returns to university education. Anecdotally, education quality suffered from online learning, I wonder if this harmed ...
4 votes
1 answer
75 views

Who first promoted the idea that competition leads to a better economy?

Who first promoted the the idea that competition leads to a better economy?
0 votes
1 answer
30 views

Which Spanish scholastic economist said that economies could not be controlled even if one could track every transaction?

Which Spanish scholastic economist said that economies could not be controlled even if one could track every transaction? I think the context was an argument against Keynesian economics, Cartesian ...
10 votes
4 answers
1k views

Estimating CES utility (not production) function parameters

The CES utility function has the form \begin{equation} u(x_1,\dots,x_n)=\left[\sum_{i=1}^n\alpha_ix_i^\rho\right]^{1/\rho}, \end{equation} where $\alpha_i$ is the consumption share parameter and $\...
1 vote
1 answer
65 views

Complex Analysis VS Differential Geometry as signals/preparation for grad school?

I am an undergrad (in math and econ) interested in pursuing a PhD in the latter. I can afford a pure math elective this semester and I am torn between diff geom and complex analysis. Which one is more ...
0 votes
0 answers
49 views

Economic predictions and the general intelligence systems research?

So I have physics background. And I'm guessing a lot of economists have asked "what is the time evolution of society after general intelligence is discovered?" What is the state of the art ...
2 votes
2 answers
81 views

Textbooks for Teaching Intro Micro (Principles): What are the tradeoffs?

As a new AP, I'm assigned to teach Principles of Microeconomics. Different teaching mentors I've asked about course materials have mentioned different texts, but I'm having a hard time getting a sense ...
8 votes
1 answer
135 views

Lab experiments of labour markets

I have been searching for papers that conduct lab experiments simulating a labour market, that means for a minimum there are both participants taking the role of firms, and participants taking the ...
0 votes
2 answers
53 views

Debreu's ordinal representation theorem is unique up to a positive monotonic transformation, what is the source?

In Debreu's 1954 ordinal utility representation theorem, the utility is unique up to a positive monotonic transformation. While the uniqueness result is well-known, I fail to find a proper reference. ...
0 votes
1 answer
195 views

What value does a worker whose job could be automated provide to society?

Has anyone calculated the global benefit of non-workers on government assistance and found their contribution to be less than the assistance they were provided? I'm looking for scientific studies ...
2 votes
0 answers
46 views

Estimating the form of a utility function on two or more commodities

I am looking for experiments for estimating the form a utility function of a consumer on two or more commodities. In particular, I would like to know e.g. if the utility function of a consumer is of ...
4 votes
1 answer
108 views

What is the net effect of organized crime on the economy of Italy?

In connection to this question are there any empirical estimates of the effect of organized crime on economy of Italy? I am looking for some net effect.
1 vote
0 answers
9 views

What was the study that shows peoples' tax preferences shift when they get more information about their income?

I am trying to find a study I read a few years ago, but I forgot the names of the authors and the title of the study. I have already tried to search for the study on Google Scholar without much luck. ...
4 votes
1 answer
88 views

Choice Theory Book Reccomendations

I am a post-graduate economics student in India, currently taking a core course in Choice Theory. Unfortunately, there is no standardized text which we are following for the course. The course ...
5 votes
5 answers
804 views

Book Recommendation: Price Theory

Can someone please recommend a book or a chapter from a book which provides a good and clear explanation of price theory. How prices are determined what they reflect and how they serve as allocaters ...
3 votes
2 answers
90 views

What are some good general economic journals to keep up with the literature in various fields?

I know about the American Economic Association Journal of Economic Literature (JEL), are there any other examples? By good I mean it should be at least Q1 or Q2 journal. It shouldn't also be ...
3 votes
1 answer
83 views

Hello, I am a science graduate, looking to learn about economics, any suggestions where can i start?

Any books you can suggest might be amazing, i am completely new to this and it would be a huge help if you guys could help me out
2 votes
1 answer
102 views

Transitivity of Preferences paper

I am going through some of my old grad school notes, and in my microeconomics notes on transitive preferences, the teacher made a note of a behavioral economics result where when presented with two ...
1 vote
0 answers
20 views

Reference request: Applying statistical mechanics to price and value

I recall reading a paper a while ago, but have forgotten its title, authors, and abstract. The topic of the paper was how to define "value" without regard to any particular theory of value, ...
2 votes
0 answers
141 views

Is there a mathematical more realistic version of economics [closed]

List item I have read many informal introductions to economics I want something not only rigorous but realistic I find classical microeconomics to be very weird, I don;t know if the field has changed....
3 votes
1 answer
83 views

Economic models that are useful to understand macroeconomics

I started to study economics. Since I majored in Mathematics, I'd like to learn the principles of macroeconomics through the analysis of a simple economic models (using equations). That's why I ...
0 votes
1 answer
38 views

To Gain further knowledge on Economics(Undergraduate)

I am currently in high school, but my textbook doesn't appropriately style the subject as it is. So is there some standard author's book which I can follow with math(log, derivative)? EDIT The branch ...
2 votes
1 answer
62 views

Literature exploring theoretically the relationship between inequality and economic growth

Specifically, I'd be very grateful if you may refer me to any literature treating wealth or income inequality or both, but the important thing is that it studies the relationship from a theoretical ...
1 vote
0 answers
69 views

What are some good alternative textbooks in international trades for undergraduates other than 'Taylor & Feenstra' and 'Krugman, Obstfeld & Melitz'?

I've been referring to the textbooks International Economics by Alan M. Taylor and Robert C. Feenstra and International Trade: Theory and Policy by Marc Melitz, Maurice Obstfeld, and Paul Krugman ...
0 votes
0 answers
14 views

MSVAR with predetermined regimes

Suppose I have a VAR model that relates income, consumption and investment. And suppose I want the parameters to vary by the political party in power: A, B or C. As far as I know, Markov Switching VAR ...
1 vote
1 answer
43 views

Reference for monotonicity: $x\geq y\implies x\succsim y$ and $x>y\implies x\succ y$

I've seen this definition for monotonicity many times on different papers and on this site: $x\geq y\implies x\succsim y$ and $x>>y\implies x\succ y$. However, what I read on MWG's ...
6 votes
1 answer
141 views

Futures Market Books

Are there any recommendation for futures market or commodity trading books? I am not interested in trading myself, but would like to have a better understanding of it for my research.
0 votes
0 answers
12 views

Conversion rate models for multi-touch digital advertising over time

Is there any literature on the conversion rate of multi-touch advertising over time, showing that how decreasing the time between touches increases conversion rate? For example, a chart showing: Y-...
0 votes
1 answer
122 views

What are some economics resources I should know of?

There seems to be an overabundance of high quality media thesedays explaining physics, computer science, mathematics giving exposition to ideas in the fields. What are some media giving expositions to ...

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