Questions tagged [soft-question]
A Non-specific question regarding economic practice and analytical development.
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Is there a mathematical more realistic version of economics [closed]
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I have read many informal introductions to economics I want something not only rigorous but realistic
I find classical microeconomics to be very weird, I don;t know if the field has changed....
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Favorite Economics Podcast?
What is your favorite Economics podcasts? More on the research side please.
Since I have too few words, here are mine:
https://www.aeaweb.org/research/podcasts
I used to like EconTalk, but it's not ...
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Inductive proofs in economics
Are there any thorems in economics which use proof by mathematical induction to prove them?
I've noticed that there is nothing (to my knowledge) from a standard PhD microeconomic theory sequence which ...
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What are the most creative uses of Mathematics in Economics
Could you recommend economic papers or books that exhibit exceptionally creative applications of mathematics? In other words, if you were to demonstrate to a mathematician the joy and potential of ...
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How Does Economics Address Society's Major Existential Threats?
Given our societal emphasis on the pace of 'progress', often overlooking its direction, we face a multitude of existential challenges [1]. These range from the looming threat of nuclear warfare and ...
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Research in Applications of Machine Learning Techniques to Economics
I am a new graduate student in economics, and my advisor has recently focused on applying machine learning techniques to economics. It seems natural for me to take up this area, but I heard the rumors ...
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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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Can euler equations and intratemporal optimality conditions ever bind one another?
The Euler equation is an a solution concept in most macroeconomic models which determine the optimal path to be taken in a consumption sequence. In a case where we have multiple consumption goods (say ...
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Opportunities for Graduate Economics Students
What internship opportunities, Fellowships, External Research Grants (Preferably Paid) are specifically catered towards PhD students in Economics? To name a few I know of Amazon, Microsoft, Uber, and ...
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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 ...
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Information request about Robert Frank's principles of economics and Mankiw's principles of economics
I'm a high school student. Some of the teachers at my school announced that the school may introduce electives in the next school year. One of the options for electives to be introduced was economics, ...
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ETF market during severe crash
Question: Does the decentralized creation and redemption process make ETFs fragile in case of a market crash?
While the idea of ETFs is obviously great, I am a bit skeptical whether the tradeability ...
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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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How do I elegantly upload my working paper on SSRN?
I am an academic novice. Recently, I have a working paper that I want to upload to SSRN. I have several questions that I wish to get answers to:
Will registering SSRN with a private email address ...
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Companies database with strange negative values, are they reasonable from an economic point of view?
I have a dataset of US firms (around 6500 in total) containing time series of:
Sales (191 negative observations corresponding to 0.0351% of total observations)
Liabilities (70 negative observations ...
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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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Are there any economic peer-reviewed journals dedicated to, or at least committed to publishing, replication studies?
Because it is widely perceived that generally science has a reproducibility and replication problems recently some replication journals were set up such as ReScienceX (see Roesch & Rougier, 2020).
...
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What are the examples to the terminology "allocation of scarce resource"
Does allocation of scarce resource mean trading of a perishable goods with the one who needs it most. Say, a drug that can cure cancer and there is only 10 units left. A seller sells the item who pays ...
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Learning post-keynesian and marxist economics
My question here is not about theory, but more about the teaching landscape. I'm currently learning economics in Canada, and I realize that the academic world is very homogeneous. I'm quite impressed ...
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Recursive Macroeconomics - Practice Questions
I am looking for practice questions on recursive macroeconomics that focus on the following:
Defining Competitive equilibriums (Arrow Debreu, Sequential Market, Recursive Competitive) for different ...
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How *do* NGOs, think tanks, and governments weigh income/consumption tradeoffs/transfers at different income levels?
In considering policies and transfers, how do we (economists, NGOs, governments & think tanks) weigh income (consumption) tradeoffs between the poor & the very poor?
E.g., 'is giving 100 USD/...
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When should we use "internal consistency" test?
From a paper of Gao (2021), I saw a paparagraph
We deviate from this traditional specification in three ways: we
examine only money held by corporations, we include real GDP growth in
the regression ...
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Curiousity the validity of an example of normative, positive and consumer surplus?
Following up a pretty long but very informative discussion with 1muflon1, I want to expand and merge with consumer surplus to have a big picture.
In research of Dasgupta, 2019 about that after ...
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Is there any overlap between Rawlsian approach and uncertainty avoidance?
From the definition of the Rawlsian approach
The Rawlsian approach to social welfare, built on the foundation of
the “veil of ignorance” (Rawls, 1999, p. 118)
where "veil of ignorance" is
...
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Is there any example to see the differences among Rawlsian ethics, Utilitarianism or (classical) liberalism ethics in policy economics?
From a decent answer and comment here of 1muflon1, I am motivated to know more about Rawlsian ethics, Utilitarianism, or (classical) liberalism ethics in policy economics. However, so far, I still not ...
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Why "positive theory" is important in discussions of how antitrust law achieve "normative goal"?
In this description regarding positive theory and normative theory, from what I understand, positive theory is based on fact and cannot be approved or disapproved (e.g., explain how the economy ...
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What is the proper way to read and/or express "price elasticity of demand"?
The natural language phrase such as square root of x for a function $Sqrt(x)$ precedes the input with the word of. When we talk of a bivariate function, such as $x/y$ aka $Ratio(x,y)$, we say simply ...
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What is the consensus (if any) on Peters "The ergodicity problem in economics" (2019)?
Peters (2019) made a splash criticizing the theory of expected utility on the grounds that it implicitly assumes ergodicity where this is unwarranted. He stated this applies widely in economics, to ...
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Why did the Cambridge Capital Controversy have no impact on economic modelling?
Every now and again I find myself looking into the Cambridge Capital Controversy in terms of debate around general equilibrium modelling often walking out more confused than I have before doing such a ...
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Curiousity about the significance symbol in Stata?
Today when I read the esttab command of Stata, I saw the star options description:
...
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Replication of empirical results in Economics
I was reading about the replicability crisis in Psychology and Medicine. Many psychology experiments, for instance, were being conducted on undergraduate students, with too low sample sizes, which ...
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What are the advantages using Otree to progam economic experiments?
I need to decide between learning Ztree and Otree. The added cost of complicating the server setup severely should have some benefit. Apart from Ztree being ugly, are there any other advantages of ...
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Soft question: How do you create/draw/plot economic graphs digitally?
Obviously I'm talking about a theoretical graph not one where you can just plot the data. The only two options I can think of are just using shapes in word/powerpoint or using TikZ in Latex which is ...
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If I had a new economical theory, how could I share it with academical environments? I call it “algorythmic economy”
If I had a new economical theory, how could I share it with academical environments? I call it algorythmic economy.
I have made this same question on Quora.
https://www.quora.com/unanswered/If-I-had-a-...
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What are some good Phd or research programs for Economic History / Economic Thought History?
Please correct me if I am wrong, but my impression is that most "mainstream" economics programs are now focusing less and less on economic thought history. So, in order to do research on ...
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Citing non-economics studies in an economics research paper
I am currently working on a paper in economics that has some dimensions that discuss women's social value. As is the case in developing countries a lot of economic studies do not exist whereas there ...
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Can I rename a utility function based on its properties?
A big name researcher gives a name to a specific utility function 30 years ago. Now I am writing a paper and feel that a new name might be more suited because of the properties associated with the ...
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In Economics, how likely is a R&R paper be finally accepted in a top field journal or top 5 journal? [closed]
Based on reliable data (if there is any), how likely is a R&R be finally accepted approximately?
Here is some numbers I found:
According to an anonymous comment, the post RR acceptance rate for ...
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Why is Ricardian Equivalence Important?
Ricardian equivalence is a result regarding the ineffectiveness of government due to consumption smoothing behavior of consumers. A primary reason why it fails is due to population turnover (i.e ...
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Why hasn't JPE formally retracted Emily Oster's article "Hepatitis B and the Case of the Missing Women" (2005)?
Amartya Sen (1992) argued that there were more than 100M "missing women" worldwide.
In "Hepatitis B and the Case of the Missing Women" (2005), Emily Oster argued
that hepatitis B ...
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Which database language and database management system should an economics student learn? (Provided that one has to be learned) [closed]
I will have to pick essentially any DBS, learn how to use it and use it during a period of 2-3 month. I do not possess any noteworthy background knowledge, so I will be starting from scratch ...
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Proof Based Math Education in Economics
One of the things I've experienced as a graduate student is really the lack of math being a main factor in holding me back from approaching more advanced materials in microeconomics and macroeconomics....
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Is it necessary to ask permission before including someone in the acknowledgements of a economic research paper?
Do I need permission to thank someone, even if I said “all mistakes are our own”?
Do I have to make sure that the person being thanked must read the paper, or, it is fine if he just discussed about ...
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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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Are simultaneous equation models out of fashion? Why?
According to Angrist & Pischke "Undergraduate econometrics instruction: Through our classes, darkly" (2017) Tables 2 and 3, econometrics textbooks deemphasized simultaneous equation ...
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How can I model my problems with math?
I want to ask a question about mathematical economics. When I read an article about economics, I see lots of mathematical equations. I can solve them without any help. But I can't create my own ...
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How do 'econometric' explanations differ from 'economic' ones?
I am interpreting some coefficients of a regression model and have been asked to, first, give an 'economic' explanation and then an 'econometric' explanation as to why coefficients differ as more ...
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What are the correct utility functions?
It is common to talk about utility functions. For example in a universe with only two goods, we might assume each person (or group of people) carries a function $u(x,y)$ in their heads. When offered ...
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Is there a "name" for price leadership oligopoly?
Oligopoly equilibrium in the static setup consists of cournout equilibrium and bertrand equilibrium (Nash Equilibria)while in sequential games we have stackelberg equilibrium and price leadership ...
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What is an economic crisis?
I'm not sure if this is a silly question or overly semantic but I think the term "Crisis" is misunderstood (or at least misunderstood by myself). There are a number of ways the term is used, namely:
...
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