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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
218 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 ...
7 votes
3 answers
1k views

What are good undergraduate books about monopolies and market failures?

Is there a good undergraduate level book specifically about economic monopolies and market failures?
14 votes
3 answers
418 views

Economics of Homelessness: Are housing prices to blame?

Lots has been written in terms of the social context of homelessness. Often attributing the causes due to mental illness, previous criminal activity and addiction. I've been wondering, how much of a ...
0 votes
1 answer
141 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
55 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.
0 votes
1 answer
20 views

References for minimum distance estimator

What is the formula for finding the minimum distance estimator and how does it differ from GMM? Also, do you know of any good resources on MD? Can't find any besides my textbook. Thanks!
4 votes
1 answer
74 views

Studies of demand for having children as price goes to zero

Are there any studies analyzing how parents have/adopt children as the cost of having them is reduced? In particular, how many children would there be per say a thousand people if the cost were fully ...
6 votes
2 answers
768 views

How to measure Tobin's q?

How do people calculate Tobin'q empirically? Does anyone use it to make investment decisions? In particular, the version I learnt has no company debt involved with only capital under consideration, ...
2 votes
0 answers
37 views

Axiomatic characterisations of dictatorial social choice/welfare functions?

I am looking for axiomatic characterisations of dictatorial social choice/welfare functions; where a dictatorial social choice function is one that always picks the dictator’s favourite outcome, and a ...
9 votes
2 answers
333 views

Gale-Shapley Follow-up Literature and General Questions

The Gale-Shapley Algorithm is a way of matchmaking between two different entities of people. It guarantees that every individual player is matched and that the matches are stable. What sort of ...
0 votes
0 answers
7 views

Are there studies that use the efficient market hypothesis to explain the impact of science in a given market?

I have data on an online market where sellers offer services such as social media bots. I have the following hypothesis: technological development and increased capabilities (e.g., better ...
9 votes
2 answers
2k views

What's the name of that famous economics paper that was written using only short words?

Some time ago I came across a famous economics paper that was written using only very simple very short words. I cannot remember the exact criteria for choosing the words. All I remember is that ...
5 votes
1 answer
930 views

How to self-study graduate level macroeconomics? Is there even a point?

As I had hoped to learn enough macroeconomic theory to get some research ideas, my goal at the beginning of this summer was to read through and complete the problems in an introductory advanced ...
6 votes
2 answers
3k views

How to estimate if goods are complementary or substitutes when one good is always offered for free?

Usually whether two goods are complementary or substitutes can be measured by estimating cross-price elasticity of demand. If cross-price elasticity of demand is negative the two goods are ...
8 votes
8 answers
2k views

Are there examples of state banks in history?

Today most banking is private. Has there been any period in history where banking was (in part) state-owned and why was it privatized?
4 votes
1 answer
172 views

Endogenous Gentrification and Rates of Return to Education

Gentrification is, roughly speaking, the displacement or exclusion of poor people from areas with improved amenities due to higher rents and costs of living. The question I have is whether better ...
2 votes
1 answer
182 views

Probability for Economics

I need to learn ASAP on the list of topics: Multivariate Distribution, discrete and continuous random variables; integration and expectation; law of large numbers and central limit theorem, confidence ...
4 votes
1 answer
129 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 ...
-3 votes
1 answer
61 views

What are the best criticisms of economies of scale? [duplicate]

What are the best criticisms of economies of scale—the notion that bigger, centralized industries are actually more efficient than smaller, decentralized ones? Which economists historically opposed ...
1 vote
0 answers
43 views

What economic theory models describe a financial regulator's decision to monitor a company?

Let's consider an example (that may not describe how these entities actually work, but humor me): You are the Financial Stability Board (FSB), you need to designate systemically important financial ...
2 votes
0 answers
20 views

Preference aggregation rules that satisfy the property that the most frequent best alternative is the collective best alternative?

Let $X$ be the set of alternatives, and $(R_i)_{i\in N}$ a profile of partial orders for $n= \#N$ individuals. I make the assumption that those partial orders are so that they all give rise to one ...
3 votes
1 answer
19 views

Paper suggestions on innovation-economics

I am in search of seminal theoretical papers in innovation economics, with a particular interest in recent works that model innovation processes. Ideally, I'm looking for papers that explore the "...
0 votes
0 answers
27 views

Averaging estimates of cross-price elasticity

We have data for 3 goods (equilibrium prices and quantities) and we want to know the cross-price elasticities among them. I think, this could be estimated as the following system of regressions: $$ \...
8 votes
1 answer
146 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
1 answer
202 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 ...
0 votes
0 answers
15 views

Market for capital goods of housing: Name of the model

I am searching for a model of the market for capital goods applied on purchase prices, rents, and supply of new housing. The model, operating in continuous time, considers prices as a function of ...
2 votes
1 answer
43 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 ...
0 votes
0 answers
28 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
63 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
42 views

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
137 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?
2 votes
0 answers
19 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
19 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
317 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
11 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
150 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
66 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 ...
1 vote
1 answer
88 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
72 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
107 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
26 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
240 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
80 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
35 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
88 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
88 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 ...

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