# Questions tagged [self-study]

Questions about self-studying economics, including curriculum design, study strategies, resources, etc.

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### Applying dynamic programming to constrained utility

I am trying to solve problem that looks like this; there is utility function that takes $x$ and $y$ as inputs, $x$ is produced by production function that depends on labor $l+y=1$. $x, y$ depend on $t$...
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### What happens if the volatility in the equity market increases? Does interest rates move up or down?

I think both can happen and here is my reasoning. Please correct me if I am wrong. During times of increased volatility in the equity market, investors adopt a more risk-averse approach and gravitate ...
1 vote
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### Graduate level economics lecture videos?

I have a background in economics(undergrad + plus some research) I want to try to teach myself graduate level economics. Are there any good lecturers who cover this topic online(youtube or another ...
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### Utility Possibility Set and Utility Possibility Frontier

Consider an Exchange economy with two individuals $a$ and $b$ and two goods $1$ and $2$. Denote consumption of good $j$ by individual $i$ as $x_{ij}$ for $i\in\{a,b\}$ and $j\in\{1,2\}$ The utility ...
77 views

### Open Economy IS-LM with Perfect Capital Immobility

As a part of self-study for entrance exams I was trying to solve the following problem: The problem with this question is that I feel like the equation for $TB$ is incorrect, because we are given ...
74 views

### Regression OLS estimator with $x_t=1/t$

I found some questions in a book and wanted to train for my upcoming exam (expect to see some more posts from me idk), anyhow this is the question. To solve point A I rewrote the whole equation in ...
1 vote
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### Why there is no study on the forecasting methods for the exchange rates of CBDCs? What do you think?

What do you think about the predictiion/forecasting the exchange rate of CBDCs? (CBDC= CENTRAL BANK DIGITAL CURRENCY) I cannot find any paper on this issue in the literature. But, there are some ...
56 views

### Eurodollar exercise

I'm trying to solve an exercise with Eurodollar and deliverable bonds. This is the text in matlab Basically there are two Bonds A and B and I need to find a few things about them. I use the formula ...
1 vote
183 views

### FOC greater than 0

I couldn't get my head around this part. Basically, I have to prove that a consumer has to hold a positive amount of assets, i.e. $x > 0$. A hint suggested to find take the FOC, and then set $x = 0$...
1 vote
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### 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 ...
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### Challenging question in microeconomics - local nonsatiation

I'm studying advanced micro from the Mas-Colell book (exercise 16.C.1) I was wondering if anyone can help me to solve the following exercise. I have no idea how to deal with it Show that if a ...
1 vote
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### Expected payoff of bidder and expected revenue for seller?

There are 2 bidders in an auction that has a style as follows. There is a price clock that continuously rises starting from zero. The bidders gradually drop out of the auction and the clock stops as ...
48 views

### How to find the share price with respect to the type of share?

As someone coming from a mathematical background who has started reading into some basic finance, there are a few concepts that I am struggling to understand and would be grateful if I could check to ...
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### Every Nash equilibrium is Subgame perfect Nash equilibrium

Every Nash equilibrium is Subgame perfect Nash equilibrium. This statement is wrong. I show this by an counter example. Is this example enough and good to disprove this statements? Please share your ...
104 views

### Risk dominance in NE

I am trying to wrap my head around the idea of risk dominance but I am not confident whether or not what I am thinking is correct. A B A 80, 80 80, 0 B 0, 80 100, 00 The solution says that the ...
1 vote
415 views

### Effect of shock to technology level in the Ramsey model

My instructor said that the answer I wrote below is not correct without any explanation. But I dont know why. I need to learn its correct answer. Please share your ideas with me. I asked the same ...
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How would you show that whenever 𝑉 additively represents an agent’s preferences, then so does any function 𝑉′ that differs from 𝑉 only by the choice of zero and unit. If we assume that 𝑉 ...
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### Difference between complete market and incomplete market in terms of welfare loss

What do you think about the relative welfare of an incomplete market and complete market in the recursive competitive economy with both physical and human capital accumulation — I think that in the ...
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### Recursive economy with uncertainty in two islands

There are two economies A and B with infinitely many identical households. Since there are infinitely many identical households in each economy, they are all price taker. Maeasure of agents in A and B ...
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### Show that the order of deletion doesn’t matter for the set of strategies surviving iterated elimination of strictly dominated strategies

Question from M.W.G-8B4 Show that the order of deletion doesn’t matter for the set of strategies surviving iterated elimination of strictly dominated strategies. My proof attempt I assume $G_n$ the ...
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### Walrasian equilibrium with quasi linear function

There is a two-person exchange economy Each agent has the following utility $u_i(x_i,y_i)=v(x_i)+y_i$ for agent $i=\{A,B\}$ Assume that $v$ is strictly concave and increasing function that has a ...
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### Austrian School Regret Theory

I am having a time thinking about how Ruthbard and Mises speak about trade agreements and the concept that every economic transaction is just because it is voluntary and subjectively benefits both ...
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### Learning Resource Question - Computable General Equilibrium Modelling

Several years after graduation, I would like to learn some practical computable general equilibrium (CGE) modelling such as a CGE that can handle distributional outcomes. Does anyone know of open-...
1 vote
118 views

### calculating a marginal effect for logit model

For the logit estimate of the slope parameter,I would like to obtain the marginal effect of the regressor ndisease evaluated at $\Lambda (x'\beta)=\bar{y}$, where $\bar{y}$ is mean of $y$. I obtain ...
Once again self-study question: Given a household's utility function be: $$U = C^\alpha (1-L)^\beta$$ where, $L$ is labor supplied. Total labor time is normalized to $1$. $C$ is read household ...