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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16 views

Substitute for Mankiw Principles of Economics suggestions

I was reading Principles of Economics by Mankiw (2017 ed.) in my school's library during frees and got about halfway. It is essential that I have a comprehensive economics education by early summer, ...
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32 views

Time series in monetary policy

I wanted to learn how time series analysis is used to study monetary policy/ money and banking data, such as how and which techniques are used to study which data, what kind of problems are studied ...
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35 views

How to calculate fiscal space for a country?

I would greatly appreciate if you could explain me how to calculate fiscal space for an specific country. Or, could you please introduce me some references which explain it's calculation step by step ...
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108 views

Statistical models which represent the impact of strict measures vs no strict measures (and less economic impact), enforced due to Covid-19

I have been wondering whether there are statistical models like this one, (which estimated the deaths caused by the virus itself) that estimate the deaths caused by the economic turndown. There is an ...
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101 views

Where did Marx write about interest?

I want to read about Karl Marx's grasp of the term "interest" (on money). I have read that he wrote about it in his book "Das capital" but there might have been more works of Marx in which he at ...
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24 views

Necessary Goods, Price Elasticity, Long-Term Calculations

My question is a conceptual one, though it arose from a concrete calculation that I'm working on. I'm looking at the economic viability of thermal retrofits, and this author suggests including the ...
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486 views

Economics Online Seminars

As education moves to the internet, so are research seminars. Some of these seminars are regular and others appear to be temporary due to the covid-19 and the lockdown. Here are some examples from ...
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1answer
52 views

Is it detrimental if self-interest is not acknowledged in resource allocation situations?

Please note: I am doing a literature survey/review, and I would like references to published work. I contend that if we are dealing with a resource allocation mechanism that allocates scarce ...
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771 views

The Economics of Coronavirus

People are concerned about the economic impacts of the virus. How severe will the economic downturn be? Will the coronavirus cause a global recession worse than the 2008 crisis? I'm not looking here ...
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1answer
29 views

Incomplete and Intransitive Preferences: Reference Request

I've had the opportunity to read this blog post on incomplete and intransitive preferences and would like to cite it in a informal presentation. However I cant seem to find the author. The main site ...
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1answer
256 views

Who invented these key notions in Finance?

We often give credit to the origins of academic achievements. The Black-Scholes equation or the Gibbons Ross Shanken (GRS) test etc. What about Net Present Value (NPV), Internal Rate of Return (IRR),...
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194 views

Good books to learn social choice theory

I wanted to learn Social Choice Theory and have fine mathematical background. I have read about it as a part of advanced microeconomics (Jehle and Rene)- Arrow's Impossibility Theorem etc. and got ...
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1answer
133 views

An overview of 4 books for an undergrad course in Mathematical Economics

I plan to self-study, at an undergraduate level, Mathematical Economics. It covers 3 main topics Introduction to economy science Microeconomy Macroeconomy Each of these have lots of sub-topics. ...
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20 views

Form of recursive formula for stochastic games of one-sided incomplete information

I'm trying to understand Proposition 1 on page 377 of this paper. The author studies zero-sum stochastic games with one-sided incomplete information: player 1 is informed of some true state $s\in S$ ...
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1answer
51 views

Hedonic regression and attribute-shares in house prices

Given a house with price $P$ and attributes $h_1,\dots,h_n$, I want to estimate how much each attribute costs as a percentage of house price $P$. In other words, if we express house price as the sum ...
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27 views

Mechanism Design and Multidimensional Type Spaces

Is it possible to design a mechanism of agents with multidimensional types? In particular, what if the type space has the following form: $$\Theta_i=\{\theta_i\in\{{1,2,\dots, n}\}\times[0,1]:n\in\...
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65 views

Mathematics of Marxian Economics

I have studied some Marxian economics, and realise that Marx's writings were not very mathematical. I recently came to know of Analytical Marxism and Neo-Marxian economics. I read the Wikipedia page ...
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2answers
38 views

Benchmarking an Energy Investment

I am currently working on a calculation to see whether it is economically feasible for a household to invest in an energy retrofit. I obtain a total profit of around $13\%$ over the lifetime of the ...
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1answer
34 views

Finding Relevant Literature on JSTOR and Beyond

after a few years on JSTOR for economics(and history) I'm getting a little tired of just brute force method in trying to sort through what papers are relevant and influential in economic and ...
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Autonomous Vehicles and Modeling - Reference Request

Have there been any attempts to forecast the impact on traffic flows or travel behavior after the introduction of Autonomous Vehicles. I am not looking for specific stuff right now but just for good ...
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1answer
59 views

What is a good handbook for behavioral economics?

I recently got interested in behavioral economics because it seems to have a lot of interesting applications in other fields such as macroeconomics. I managed to find a lot of interesting sources on ...
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55 views

Auction theory reference request

I am interested in finding the literature or at least some references (books, journal papers etc.) for the following problem: Suppose there is an auction with one seller and one buyer. The seller ...
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19 views

Regarding the source of an economics lecture material

Economics lecture material from California State University The above link is to an Economics lecture material from California State University. The material is really good. I couldn't find the ...
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1answer
36 views

Does one include inflation when computing elasticity?

I am attempting to compute the price elasticity of a good with the help of a time series, and am unsure whether to correct the prices for inflation. Is there a standard argument for one or the other ...
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1answer
37 views

Capital Recovery Factor for Hyperbolic Discounting

I'm looking for a closed-form capital recovery factor when hyperbolic discounting is used. The Wikipedia article on hyperbolic discounting has this formula for the "present value of a series of equal ...
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10 views

Reference request: modeling firms that act to create demand for their products

(I don't have an economics background; apologies if my terminology is confusing.) It seems like there is often a situation where a firm can take actions to create demand that did not already exist. ...
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1answer
19 views

What is the average percent of value an employee makes which he gets on salary (called)?

I'm looking for any statistics showing the average percent of money employees get from the monetary value they create, primarily from the US or EU. Is there a term for this ratio?
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1answer
33 views

Incentive compatibilty conditions for multi-item auctions

In this paper by Myerson on optimal single item auctions, the incentive compatibility condition is shown to be equivalent to the following simpler conditions on the auction - (i) the allocation ...
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1answer
39 views

Country specific economic recession/financial crisis data?

Many financial crises are at the global level, yet some of them can be country-specific, especially the ones connected with political instability. For example, the 1990 recession of Russia, the 1958 ...
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28 views

Statistical distribution of firms by revenue in competitive market

I would like to produce a simple distribution of competitive market firms based on their revenues. I know the number of firms in the market n, the total market ...
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2answers
121 views

Where can I read more about formula (G-T)= -(S-I) -(X-M)? And how is this formula called?

I saw this formula in following context: I want to create Banker State. It's supposed to rely on profit from loans instead of taxes. I would like to keep taxes as low as possible. Reply: what you're ...
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1answer
52 views

Are revealed preferences normative or positive notion?

I always thought from my understanding of the terms normative and positive that revealed preferences are a positive concept. For example, saying Anakin prefers grass to sand (i.e. $U(g)\succ U(s)$) is ...
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1answer
28 views

Breadwinners by class

I have a hypothesis that single-income families greatly increase as you get into the mid to upper middle class bracket. And that 2+ income sources are common in lower classes and also the extremely ...
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1answer
44 views

Where to find a brazilian claim from german geologist Eschwege?

In Das Kapital, ch I.1, Marx says that german geologist Eschwege claims that total product of the Brazilian diamond mines for the eighty years ending in 1823 still did not amount to the price of ...
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1answer
71 views

Who is Jacob? And where did he say this?

In Karl Marx "Das Kapital", in Ch I.1 we find this quote "Jacob questions whether gold has ever been paid for at its full value." Is Jacob Vanderlint? Where in his book “Money Answers all ...
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2answers
15 views

What are macro-economics simulations horizons and limits possible with exascale computing?

What are typical examples in literature of large scale simulations of macro-economies of our time as of 2019 and what will change with the introduction of exascale computing? In terms, are there ...
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2k views

What precisely is scarcity?

I'm aware that certain terms in economics have precise definitions that don't necessarily line up with our intuition about what they mean. I'm currently writing a paper that heavily relies on the ...
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0answers
11 views

Can the effect of different prices of gasoline at different gas stations be measured?

I am looking for studies in which the effect on demand of different prices of gasoline at different gas stations in the same area is measured or estimated (on the same day or hour). This question ...
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1answer
164 views

Study guide (and…) for “Intermediate Microeconomics with Calculus” by Varian

I have been googling study guides, solution manuals and other helpful material made by professors. But I have not found anything useful. Q: Do you guys know anything that will make the book easier ...
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1answer
31 views

Economics of Health Textbook Recommendation

Was wondering if anyone who has taught a class on health economics could give some background on which textbook they used for their class and why. It seems like "Healthy Economics" by Bhattacharya, ...
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1answer
19 views

Papers on the rate of returns for government-run pension plans

I'm looking for papers studying the implied rate of return for various government pension programs around the world. Both historical and expected returns. Or any study that looks at the taxes for the ...
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3answers
84 views

How long can I live in the United States with my German monthly income?

I see different (more or less abstract resp. specific) approaches to compare wealth (of individuals, regions, and countries): by living standards by living expenses by incomes/salaries by purchasing ...
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2answers
235 views

The relationship between profit and wages

It seems obvious that an individual company increases their profits when they reduce wages or increase automation or some such. But if wages fell universally because of this, wouldn't that decrease ...
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1answer
20 views

Externalities from motor vehicles - more recent estimates?

I am looking for estimates for the externalities from motor vehicles. There's an excellent paper "Automobile Externalities and Policies" (2007) on this exact issue, but it's a bit old now. I was ...
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2answers
35 views

Persistent changes in relative prices due to productivity differences

I read a couple of years ago that in the long run (in centuries) the relative price between, say, schooling and agriculture keeps increasing, since the latter sector gets more and more productive, ...
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1answer
69 views

Who took utimatum game and dictator game as the evidence against Homo Economicus assumption of individual utility maximization?

Wikipedia and this McGill University page states that the two games "have been taken as both evidence for and against the Homo economicus assumptions of rational, utility-maximizing, individual ...
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1answer
78 views

What are some historical examples of laissez-faire capitalism?

I suspect both supporters and detractors of laissez-faire capitalism have some historical examples in mind that they consider reasonably close to an ideal or to a "natural experiment". (The examples ...
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1answer
56 views

Consequences of removing hard currency [closed]

If an appropriate electronic system were implemented governments would know how much money there is in circulation, who has it and if some illegal transaction has been done. This measure could help ...
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29 views

Going from DRMs to Indirect Mechanisms

I have recently started studying mechanism design (after having taken a basic graduate micro course) through Borgers' 'Introduction to the theory of mechanism design'. I was wondering if people are ...
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36 views

Is Bayes correlated equilibrium relevant for dynamic games?

Consider the following classification of solution concepts ...

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