Questions tagged [soft-question]

A Non-specific question regarding economic practice and analytical development.

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7
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1answer
82 views

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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1answer
22 views

Curiousity about the significance symbol in Stata?

Today when I read the esttab command of Stata, I saw the star options description: ...
3
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1answer
82 views

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 ...
2
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2answers
122 views

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 ...
1
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1answer
65 views

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 ...
0
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2answers
40 views

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-...
2
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1answer
55 views

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 ...
0
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0answers
53 views

Since Changes-in-Changes model is good, why do people hardly use it

I am a new master student who has just read Athey and Imbens (2006) "Identification and inference in nonlinear difference‐in‐differences models." They introduced the Changes-in-Changes (CIC) ...
8
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3answers
1k views

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 ...
1
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1answer
70 views

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 ...
2
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0answers
122 views

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 ...
1
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1answer
79 views

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 ...
5
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1answer
2k views

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 ...
0
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1answer
44 views

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 ...
5
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2answers
140 views

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....
2
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1answer
322 views

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 ...
3
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1answer
34 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 ...
3
votes
1answer
123 views

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 ...
5
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2answers
532 views

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 ...
0
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1answer
27 views

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 ...
4
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2answers
108 views

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 ...
2
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1answer
48 views

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 ...
7
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4answers
424 views

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: ...
3
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1answer
467 views

What is a what is meant by a “workhorse” macroeconomic model

A number of times ive seen the Neoclassical Growth Model and Overlapping Generation Model setups referred to as a "workhorse of modern macroeconomics". What does this mean exactly?
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1answer
40 views

What does this sentence (from Galbraith) mean?

In Galbraith's Economics in perspective. A critical history (a spanish edition, bear that in mind), by chapter 2 the author says: The conservatives, in a non-socialist economy, proclaim the right ...
0
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0answers
45 views

What are the exact sources of CARES Act economic transfers? [duplicate]

The bill Coronavirus Aid, Relief, and Economic Security Act provides "2 trillion". (There is also H.R.6201 - Families First Coronavirus Response Act providing aid.) From which sources will the ...
2
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0answers
45 views

Federal Reserve Leveraging of COVID-19 Fund

Reading an article in The New York Times about the COVID-19 stimulus bill, I stumbled on this detail the Fed can take a limited amount of funds and deploy them widely: The central bank only needs ...
6
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4answers
1k views

Why does the Solow Model matter for undergraduate students?

I've been looking at the economics undergraduate curriculum and have been thinking and wondering as to what specific skillset we want to equip undergraduate students with in the working world. One ...
3
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4answers
217 views

Why is so much of macroeconomic theory dedicated to economic growth?

I'm an economics PhD student and throughout my macroeconomics education I've found the topic of economic growth always being discussed at great length. From an Naive perspective id expect that one of ...
2
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1answer
36 views

Publishing in conferences and then journals

In economics, it is very common for researchers to submit papers to conferences before submitting their papers to journals. Are there any cases in which submitting a paper to a conference makes ...
2
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0answers
51 views

Are there really only two main macroeconomic models?

I was told that there are really two broad categories of economic models in macroeconomics. These Being: 1)Neoclassical Growth Models 2)Overlapping Generations Models All other models that exist are ...
3
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0answers
35 views

Software used for solving demands of different functions

I'm currently doing some research on demand systems and have been experimenting with different underlying utility functions which will generate different systems of demands. However I've been doing ...
7
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2answers
140 views

What do game theorists think of behavioural economics?

Though behavioural economics has been popularized over the past decade in both industry and pop culture, it seems that not much has changed with regard to the standard economic definition of ...
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0answers
29 views

Regarding Macroeconomic Models

I've recently started my PhD and upon looking at my textbook (the sargent one) I found that it differed greatly from my Masters textbook (Romer) and in turn my undergraduate macro text (williamson). ...
1
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2answers
179 views

what are some unique features of heterodox economics?

I've been reading up a bit on heterodox economics as well as watched some of the lectures online and quite frankly, I'm having a hard time figuring out whats are the unique features of this school of ...
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0answers
35 views

Would apprenticeships improve the economy long term?

Evening my name is Nick and I am a high school student from Fairfield California and I’m 17, my super hyper theatrical question is about a substitute to college in order to create more efficiency in ...
3
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1answer
253 views

Why is it called Bayesian Persuasion?

I'm sure most of you are familiar with the paper titled "Bayesian Persuasion" by Kamenica and Gentzkow (2011), (you can find it here). I was wondering what are your thoughts as to why it is called "...
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2answers
68 views

Economics PhD graduate? [closed]

What are the options for Economics PhD students after graduation? I am aware most students end up going into academia as either professors or researchers. What are the options in the corporate world ...
1
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2answers
53 views

What is the Thomson Reuters tool that is used in universities? [closed]

I'm not an economics major but when I go to the library of the economics department I see that computers have access to something that is related to Thomson Reuters. given that I'm interested in ...
3
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0answers
93 views

Open Foundational Problems in Mathematical Economics

What are some open problems in mathematical economics which are treated as if they have been solved in economics papers? As an example, one of my teachers has previously pointed out to me that there ...
2
votes
1answer
301 views

Technical Analysts and Econometricians: A Question on Methods

I've been reading the book Technical Analysis Explained by Martin J. Pring as a result of a conversation with one of my friends who said he did technical analysis but didn't apply the types of models ...
1
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4answers
323 views

What is economics?

It has been disturbing me since the first year of college that the meaning of economic is express too much as it is too less. "Study of scarcity, utilize the limited resources to satisfy unlimited ...
1
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2answers
100 views

Reading list for physics undergrad who'd like to cover the economics related to the hedge fund/ private equity field

I have had relatively little exposure to economics( nothing more than EC101) and would greatly appreciate help in answering the following questions: Which sections of economics are more or less ...
65
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23answers
16k views

Criticism of Math in Economics

I've been reading and speaking to a number of educated economists and economics PhDs who are against the use of intense mathematics and mathematical proof in economic theory. Specifically I've been ...
2
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1answer
125 views

What properties does a stable economy possess?

Given the large amount of commentary on the state of the economy, I've found that most of the time the theme of the articles are always that there is something wrong/ abnormal with regards to the ...
4
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1answer
72 views

Soft Question: Economic measurement in a post-industrial economy

I have a colleague who is a mathematician by training and currently works in Risk Analysis. He has issues with current Economic theory and I have debated him over coffee a couple of times. One ...
1
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1answer
39 views

what are the categorization by industry in economics?

I wanted to know what industries are there from an economics point of view, and how each industry branches into different parts. Just categories and names will do , or if you can point to a resource ...
1
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0answers
23 views

Best texts on cash usage and share buybacks in companies

What would be a good reference for how companies utilise their cash to conduct share buybacks. I am trying to understand how share buybacks affect the valuation of a company.
3
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2answers
34 views

Conference venues

Most of the conferences I've learned about essentially by word of mouth. Is there any website listing prominent economics conferences? I'm interested in Economic Theory conferences mostly, but feel ...
2
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0answers
82 views

How would I assess Pesaran's «Time Series and Panel Data Econometrics»?

Has anyone ever read the book «Time Series and Panel Data Econometrics» by M. Hashem Pesaran? I'm trying to find a hardcopy near me, but I can't find it anywhere, even in libraries near where I live. ...