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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Errata to Analytical Methods in Economics by Akira Takayama

I found a mistake on page 312 and want to find out if there is an errata to this classic book somewhere. As for the typographic error, the third equation in the footnote on page 312 should read: $\...
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3 answers
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Are monopolies almost always a creation of government intervention?

In this video by John Stossel the libertarian economist Daniel J. Mitchell states the following: ...
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Where can I find estimates of CARA risk aversion

I'm trying to get a sense of what levels of CARA risk aversion are typically considered "reasonable" in the literature for American consumers. Can someone point me to some papers that ...
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History of Education Economics

I am looking for an historical overview about education economics covering especially the 20th century, e.g. the randomized experiments beginning in the 1960s or the early as well as recent attempts ...
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1 answer
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Modelling effect of renewable energy investment on GDP (via integrated assessment models)

I'm interested in modelling the effects of renewable energy investments and fossil fuel plant closures on the GDP using an energy-economy model of America's economy (eg. Nordhaus's RICE). Any ...
4 votes
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Consequence of student debt forgiveness

US government has recently announced student debt forgiveness plan (link). What are the consequences of student debt forgiveness that is discussed in the economics literature, encompassing its effects ...
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Country wise effects of sanctions on country's economic parameters

The Ukraine war and the following sweeping sanctions are generally considered quite unprecedented and are having far reaching consequences. I am looking for ordered detailed corralled data on this. ...
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Asking for the reference of difference between frontier and developed stock market in portfolio construction

I am looking for references highlighting the differences between the developed market (e.g., US) and frontier market (e.g., Vietnam) in portfolio construction (e.g., Markowitz's mean-variance ...
3 votes
2 answers
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Are there common alternative models of economic growth, compared to Solow's model

I have been looking at the Solow growth model for many years, but after reading some of the Complexity Economics stuff, the Solow's model does seem way too simple for modelling important real world ...
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1 answer
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Do we have an authoritative reason why inflation is bad?

We all know high inflation is bad. Bad things happen. However: Do we have an authoritative source explaining why inflation is bad and should be prevented? Has anyone pinpointed the main root cause or ...
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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?
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Question on Keynesian Economics from Sargent’s book

While I am reading the Sargent’s book (Macroeconoic Theory, 1979) Sargent Book, I saw the following question. But I cannot find an answer for this(Question 7 in the book, page 73) Assume an economy ...
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3 answers
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Are there other active online communities about economics?

While waiting to the economics stackexchange to become as active as the mathematics one (and of course, meanwhile participating in it to promote its growth! the stackexchange format really seems to me ...
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1 answer
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Can I instrument an endogenous variable and its quadratic form with the instrument and its quadratic form?

I have the following problem, where I would like to have an advise or a reference: I'm estimating a model which usually (in other papers) only includes the explanatory variable in its linear form, but,...
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3 votes
1 answer
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Is there a theory of market supply that takes into account the individual firms' demand for credit?

I've recently finished my first microeconomics class, and I'm looking to further the subject a bit more. At the moment, we've only dealt with the formation of a market's supply as the addition of all ...
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2 answers
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How do economists compute new hires by demographic group?

For the U.S., is there any known way to compute say, annual, new hires (not the hiring rate) by demographic group, e.g. men, women, aged 50 and over, etc? What data sources are used for this?
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Source of an economics quotation

At some time during the past 15 years, I read an ironic sentence in an economics paper along the following lines: An economist is a person who is willing to ask "what is the optimal number of ...
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1 answer
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Is Basic Economics by Thomas Sowell a good book for a layperson who isn't interested in pursuing economics?

I heard that Basic Economics by Thomas Sowell is a good book for a layperson to get a feel for how the economy works. I have also heard some criticisms but they seem to be based on Thomas Sowell's ...
3 votes
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Reference request: a book on numerically solving DSGE models with code

I am new to the area of DSGE modelling, and programming DSGE models. I was hoping that someone could recommend a book on DSGE modelling, that presents the different model components as well as code ...
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Nash equilibrium with mutually exclusive actions

consider a zero-sum game where action space for both players are the same. I want to compute the equilibrium under the constraint that players do not use the same action. For example, if player 1's ...
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Policy function iteration method in continuous time (with shocks)

Is there any reference available on the algorithm of policy function iteration method in continuous time, when we have uncertainty in the model? Currently, my conclusion is that the combination of ...
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1 answer
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A paper about the economics of (physical) power?

A couple of years ago I came across a economics paper that derived a microeconomic model in which if you include (physical) power and competition it led to some particular equilibriums. I do not ...
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Representation theorem for $\succsim\supset>\cup\sim$

On $\mathbb R^2$, define $x=(x_1,x_2)>(y_1,y_2)=y$ if $x_i\geq y_i$ for all $i$ and $x_j>y_j$ for some $j$. Let $\sim $ be an equivalence relation that $x\sim y$ implies $x\not> y$. Define ...
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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
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Evidence of the Efficiency of Competitive Search Equilibrium

Econ theoretical literature suggests that competitive search equilibrium can arise efficiency allocation by internalizing the congestion externalities. A typical example is that the Hosios condition ...
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3 votes
5 answers
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Where to start studying the maths in economics?

I'm about to start my undergraduate in a few months and wanted to study some economics in depth. I already have some vague idea because of my background. However, most books recommended at that level ...
2 votes
1 answer
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Asking for reference when using a shipping cost index as a shock?

The Baltic Dry Index (BDI) tracks the cost of shipping commodities, such as coal, iron ore, steel, cement, and grain, around the world. Information is available since 1744 when merchants and ships’ ...
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Asking for sources of country-level data regarding technology literacy, cashless level, financial moneytary policy, and financial stability levels

I am looking for the sources for these variables (country-level), as many countries as possible about: the technology literacy levels, cashless level, financial monetary policy, and financial ...
4 votes
3 answers
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What are the economic peer-reviewed journals devoted to literature review?

I am looking for economic/econometrics journals committed to publish just (or mainly) literature review. So far I've found: Journal of Economic Literature Journal of Economic Surveys What are some ...
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1 answer
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I am looking for a full dataset for Human development Index

I am looking for a full dataset for Human development Index, I have tried to search World Bank databank World Develoment Indicators. However, it seems like human developemnt Index is not included. In ...
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5 votes
1 answer
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Looking for a paper on game theory as a beautiful thing, not needing immediate purpose

I am looking for a paper I am sure to have read a while ago, but cannot recall its title. The message was that we should not judge game theory (or economic theory in general?) by its ability as an &...
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1 answer
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How to explain the coefficients in the marginal effects of Logit regression?

I am asked to interpret the coefficients of the specification showed the marginal effects of Logit regression. I am wondering if there is any reference for this work. I am finding a link that is quite ...
1 vote
0 answers
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which papers consider entry of buyers or consumers in a Salop (1979) circle?

I am considering a platform shaped like a Salop circle where sellers and buyers interact. I want to study free entry of buyers which amounts to an increase of the length of the circle or an increase ...
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Labor economics / econometric survey on employee satisfaction surveys

I'm a neophyte to the domain, so I would like to learn from survey-type resources that focus on labor economic / econometric analyses of "employee satisfaction surveys." Quotations for "...
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Solved examples of Nash equilibria in dynamic games in discrete-time

I am reading the Handbook of Dynamic Game Theory by Bassar and Zaccour. In the first chapter, titled Multistage Games, they discuss dynamic games in discrete time specified as follows: A set of ...
2 votes
1 answer
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Convex Preference in Nash Equilibrium

Arrow Debreu (AD) uses the convex preference (A4 among their four assumptions, also see the assumption IIIc in AD 1954 ECTA) to make general equilibrium (GE) exist, unique, and well-behave. What ...
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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 ...
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2 votes
1 answer
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What is the name of this economics tale about the role of money?

I recall this simple tale that summarizes the role of money in economy. I am looking for the original reference to its text, author and initial date of publication. A foreign merchant reaches a ...
5 votes
2 answers
1k views

Have there been attempts to estimate the costs of obesity?

I have two groups. One is 1.6 to 2.1 times more likely to be obese than the other group. I've also compared the body mass index and found that the group of people in question have higher body mass ...
0 votes
0 answers
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Crash self-taught course in microeconomics for exam (bib recommendation)

I'm going to present a test in microeconomics that will cover topics up to undergraduate level, and I need some recommendation in which bibliography and sequence to pick in the interest of time ...
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Lab experiments for a course in standard contract theory

I am teaching a course in contract theory based on the textbooks by Bolton/Dewatripont and Laffont/Martimort. I would like to briefly present some lab experiments to illustrate basic insights of ...
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What to cite in literature review, what to cite in methodology

I am writing an economics term paper where I suggest some own ideas for research. However, I'm struggling to differentiate which citations belong in the literature review, and what belongs into the ...
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Showing the effects of tax differences between firms with an economic model

I am currently working on a master thesis and as a part of my analysis on tax planning I want a good economic model that shows how tax differences between foreign owned firms and local firms effects ...
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3 votes
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Safety: Air travel vs. car travel

One sometimes hears that flying is much safer than driving a car, the death/mileage ratio being much lower. This is very plausible, especially in developed countries, and the safety gap widened as ...
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6 votes
2 answers
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Where are the equations? Limits to Growth, Meadows et al., 2004

I'm specifically interested in the most recent World3-03 model from 2004. I was just wondering if someone knows how they actually derive their model or any of their predictions? I couldn't find any ...
15 votes
2 answers
2k views

How much do second-hand good purchases affect first-hand demand?

For the purpose of this question, I'm only interested in relatively cheap goods (clothing, appliances, furniture, phones), not extremely substantial purchases like cars or houses. Proceeding from ...
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3 votes
1 answer
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Do property prices drive rent increases or do high rents attract buy-to-let investment?

It is not uncommon to hear someone complaint about the impact of buy-to-let investment on the costs of living. It is alleged to affect not only house prices themselves, but also prices at which these ...
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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 ...
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2 votes
1 answer
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Is there a consensus that carbon prices are poor at driving investment?

A post dated 2017 by Skillings on the website of E3G, a think tank focusing on the political economy of climate change, refers (in the 5th paragraph) to: "recent emerging consensus that, whilst ...
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1 answer
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Monetary and fiscal policies: problem and solution approach

Can the community recommend resources about macroeconomics / public finance that (roughly) follow the following design: Here's a macroeconomics / public finance economic problem (description, ...
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