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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1answer
38 views

Empirical justification for a constant-returns-to-scale production function in the Solow model

I am currently learning the Solow model of growth, where a constant returns to scale production function for the economy is assumed. I realise that the assumption makes further analysis much simpler, ...
3
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1answer
18 views

Gamification and incentives

Is there any (theoretical?) work on "gamification" in game theory? I do not have a proper definition of gamification, but StackExchange would be an example. Contributers like us provide a ...
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0answers
24 views

Good graduate macro video lectures [closed]

Are there some good graduate macro video lectures? My teacher is not the best at explaining graduate macro. I did not find anything on youtube. Thanks in advance.
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1answer
12 views

Using dependent variable's and exogenous variables' lags as instruments in 2SLS

Suppose we have the following structural equations: $$y=\beta_0+\beta_1x+\beta_2z_z+\beta_3z_3+\epsilon,$$ where $x$ is the endogenous variable and $z_1,z_2$ are exogenous variables. In the literature,...
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14 views

survey of panel threshold literature

I'm looking for a good recent survey of threshold panel models and their applications. Anyone seen anything useful? Thanks.
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1answer
123 views

Is there any goal of Economics? [closed]

As I understand every subject has some goals for example in physics one particular goal is to have a unified field theory. Is there any one or more goals of economics. I was expecting the goals should ...
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1answer
79 views

Applications of Optimal Transport in Economics

The 1975 Nobel Prize winner in Economics was Kantorovich who reformulated the optimal transportation theory of Monge and applied it to optimal resource allocation. The Wasserstein distance is central ...
5
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1answer
39 views

Up-to-date survey of panel data models

I am looking for an up-to-date survey paper or a book chapter on panel data models. I know there are excellent textbooks out there like Wooldridge "Econometric analysis of cross section and ...
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0answers
61 views

Best companion for Mas-Colell Microeconomic Theory textbook

What are the best sources to accompany MasColell Microeconomic Theory textbook in 1st year of MA in economics? I mean any sources - textbooks, videos, websites, book companions, etc. And I mean easy ...
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4answers
500 views

What are some of the good textbooks on Modern Monetary Theory and the Development of Monetary Theory?

I am trying to study modern monetary theory for my research. Recommendations, please? Thank you!
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1answer
34 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- ...
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2answers
107 views

What is the point of considering only pure strategies in a game? How could you restrict people from thinking about mixed strategy?

In an experimental setting, how could you effectively incentivize the subjects to not to adopt mixed strategy? I would like to re-emphasize that the question in concern is "how to prevent people ...
3
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1answer
67 views

Why utility should be bounded (or unbounded)?

For Expected Utility and SEU, people make axioms to ensure that the utility is bounded. However, I personally believe that the utility function must be unbounded, especially if we are considering ...
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2answers
161 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 ...
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0answers
49 views

What are the mathematical prerequisites to understand Whinston and Green's “Microeconomic Thoery”?

I've completed my under graduation in economics where I used micro books like Nicholson and Snyder's Microeconomic Theory and Hal Varian's Intermediate Microeconomics. I am comfortable with topics ...
7
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1answer
93 views

Measuring effects of degree of (buyer) competition on price: references

I would like to examine the effect of degree of competition (market power?) among buyers on price of a product. I have data on product price, number of buyers with nonzero purchases and a couple more ...
6
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1answer
74 views

The decline in the number of domestic servants

does it mean that the market mechanism does not work—that the offer of the going rate of wages does not secure a servant because servants do not move to the highest bidder? This complaint—which would ...
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0answers
29 views

Is there a conventional list of pollution categories to consider in calculations? [closed]

In researching economic damage from various pollutants, I often find that it's very random sources that inform me of various pollutants I need to be mindful of in calculations. Is there any kind of ...
0
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1answer
30 views

Rationale and Methodology for Discounting the Investment in an NPV Calculation

It is clear to me why the benefits accruing from an investment should be discounted. What I wish to understand is what the correct way discount the investment itself is. Assuming zero inflation, ...
1
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1answer
24 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
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2answers
32 views

Multi-item multi-unit matching markets

This is a reference request. I'm interested in auction design problems of the following form: - Consider one seller and many buyers. - The seller seeks to sell multiple items where each item has ...
2
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0answers
72 views

Is it better to actively or passively offer to sell rare items at high prices?

In a massively multiplayer online video game, I have had the experience of attempting to sell a rare item on the game's forum, bumping the thread for a while before giving up for many months, and then ...
4
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1answer
43 views

Are there Recent Studies of Price Elasticity of Demand for Housing in England?

To address what is widely perceived as under-supply of housing in England resulting in high costs of housing, the UK government has set a target of 300,000 new homes annually (the target relates to ...
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1answer
35 views

A Special Case of Difference-in-Differences

I remember reading a paper where the Difference-in-Differences was a bit special, but I had forgotten the details. My recollection was Two time periods, specifically one time period before treatment ...
2
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1answer
40 views

Behavioral Game Theory Reference Request

I am interested in studying behavioral game theory, particularly in incomplete information games. However, I am having trouble finding a current "textbook" like source to learn from. I've ...
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0answers
25 views

Resources on effects of transactions building in externalities

In theory, a nation could build the full economic cost of externalities, be they positive or negative, into a wide range of transactions. Are there any comprehensive resources on the effects this ...
2
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1answer
52 views

Are there some examples of theoretical models that discuss pandemics?

I am looking for some papers/references that showcase theoretical economic models that incorporate pandemics. Most work seem to be purely empirical. Does anyone know of some papers that try to model ...
3
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1answer
41 views

Literature on DSGE models featuring a financial sector

I recently read a ECB primer on DSGE models featuring the financial sector and became interested in the field. I also started to read some of the earlier literature in that field (e.g. Gertler & ...
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0answers
27 views

When is the upward economic convergence in the EU estimated to happen?

Although the regional cohesion, i. e. the socio-economical convergence of the East and the West has been one of the EU's main goals, some economists seem to dispute there's any evidence for them being ...
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2answers
76 views

What was the Rogoff & Reinhart spreadsheet mistake?

In class our professor said that the Rogoff and Reinhart research on growth and debt was discredited due to spreadsheet mistake. What was this mistake? Also did they perform their research in excel ...
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1answer
32 views

Bargaining Theory: reading list

I looked around in the forum but I have not found this question yet. I would like to approach the topic of bargaining models in the spirit of Rubinstein, Ariel. "Perfect equilibrium in a ...
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1answer
68 views

Economics perspective of connected workers

According to the Deloitte report published here, a connected worker is defined as someone whose working life is changing due to digital and other technologies. This is due to advancement of ...
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0answers
18 views

References on foreign ownership of domestic assets

In Piketty's Capital in the 21st Century, he occasionally analyzes the ownership of domestic assets by foreign countries. On p. 192, he writes: Japan and Germany have accumulated quite significant ...
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1answer
129 views

What are some good resources to read on Development Economics from a neoliberal or Austrian perspective?

I have tried to look for development economics from a neoclassical (Chicago school) or Austrian School approach. However, I could not find any references for this topic. Is it possible that this ...
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1answer
18 views

Does analysis at two points in time count as 'longitudinal'?

According to whatever norms and expectations exist in the econometrics literature - if an analysis looks at two points in time can this be described as longitudinal, or would more time slices ...
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0answers
32 views

Term for risk AND ambiguity

This question is related to References for particular definitions of risk and uncertainty, which offers an excellent description of risk and uncertainty. Just as a recap: Knight (1921) described risk ...
2
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1answer
37 views

Examples of risk-neutral firms or people in business

I am looking for examples of approximately risk-neutral firms or people in business. Is there an industry where risk-neutrality is common for some agents (firms or people)? Are there perhaps time ...
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0answers
69 views

Where can I find answers to Steve Tadelis An Introduction to Game Theory answers for chapters after the 8th one?

I am doing exercises in the book Steve Tadelis An Introduction to Game Theory. I have answers to the even questions from chapters 1 to 8. But I would like to check the other remaining chapters' ...
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0answers
28 views

Is there a complete picture of Inflation?

Is there a book, or a broad study, that explains inflation thoroughly? I've read so many articles, and there are multiple school of thoughts that approach inflation from different point of views. ...
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0answers
22 views

Non random matrix as instrument: consistency and bias

Where can I find references to see what happens theoretically if I want to use a non random matrix as instrument in terms of consistency and bias?
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5answers
165 views

Current status and trends in the choice of software for teaching econometrics

My institution is updating some of its bachelor and master study programs in economics and business administration, and the question of choice of software for econometrics and related classes has come ...
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2answers
432 views

What books to read to learn about geography and how it affects economic development?

I saw youtube videos like how geography doomed Africa and heard how Japan's prosperity is an anomaly due to its isolation and they got me interested.
3
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1answer
75 views

Theory of and studies on the long-term effect of governmental redistribution

Proposition 28 from this 2000 survey (Fuller and Geide-stevenson 2010) of American economists shows that 49% of American Economics Association members agree, and 31% agree with provisions, that it is ...
3
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1answer
30 views

Acessible sources for Hierarchical Bayes?

I am trying to learn how to build hierarchical bayesian model, I can find some papers online on the topic but I am looking for some textbook or some treatment that is more student friendly than ...
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0answers
37 views

Are there any estimates for what percentage of the jobs lost this spring are “permanent” at least for the rest of the year?

In a "view from the helicopter" video by The Economist on the aftereffects of Covid-19, one of the editors says that it's very unlikely we'll see a return to normal this year e.g. in the restaurant ...
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0answers
19 views

Reference for Jacob Viner research on colonies

In this video at 6.02 Milton Friedman mentions some 'famous studies' on colonies from Jacob Viner. Does someone know exactly which studies these are?
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0answers
15 views

Impactful fixed-effect identification with open data

For a replication project, I am looking for impactful (and ideally somewhat recent) papers that use fixed-effects as their main identification strategy and make their data publicly available. By ...
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1answer
64 views

Is there any academic source that uses the following 'standard broad' definitions of externality?

According to answer to this question by KennyLJ., there exists the following definition of externality: The simple, standard, and broad definition I favor is this: A decision's effects are called ...
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1answer
42 views

Oil prices forecast methods

Oil prices have a significant impact on the world economy, positive for exporters and negative for importers to oversimplify a bit. They are also known to be highly volatile, and depend on hard to ...
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0answers
24 views

Leader-follower-leader games

I am trying to find some literature on a variation of a Stackelberg game in which two players, P1 and P2, interact in the following order: P1 plays P2 plays P1 plays The best guess I have for the ...

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