# All Questions

7,522 questions
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### Best Response Functions for Cournot

For a Cournot Duopoly game with Linear Demand functions, we need to find the optimal quantity of each firm such that profit is maximised. Given the linearity of the Demand curves, we will obtain a ...
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### In a Neoclassical model, if $w$ is the wage rate and $L$ is total hours, $w \times L$ is the wage bill. Is this correct?

Also, from the production point of view, we call $w \times L$ the wage bill, which is the total labor income from the consumption side point of view. Correct?
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### Solving Cobb-Douglas Production Function Estimation in LibreOffice Calc

I am in an Economics class where our tutor is using Excel to estimate a Cobb-Douglas production function using regression. I use Ubuntu and would like to be able to do the same using LibreOffice (my ...
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### Government deficit

When the economy of a government is facing a deficit, why can't the government just increase the taxes to pay for its expenses? I've read that it should rather borrow money, because increasing the ...
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### Why is a call option called 'call', and put option called 'put'? [on hold]

I'm asking about etymology, and not what these options are. The answers beneath don't feel convincing; can't 'call' and 'put' be interchanged in them? I'll abbreviate Call Option to CO, and Put Option ...
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### Consumer behaviour

If the last dollar spent on commodity X gives him less marginal utility, he will withdraw this amount from X and spend it on Y if it gives him higher marginal utility. Here consumer how can consumer ...
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### Can central bank interest rate hikes lead to a price gain in equities?

I ran an empirical analysis on recent interest rate changes of European central banks on Swiss equity prices and found statistically significant results. A 1 percentage point increase in interest ...
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### where can i find monthly industrial production time series for china?

I'm looking for monthly Industrial production index for China. I can't find it anywhere. does anybody have a solution for this problem? It seems that IFS, world bank and china's statistics do not ...
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### Monthly price elasticity and possibility of using daily values

I am calculating the price elasticity as a starting point to find a theoretical optimal price that would maximize our revenue. I am looking at 2 years data and to use the price elasticity formula, I ...
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### Myopic and perfect foresight in an OLG model

How can we show that the dynamics in a 2-period OLG model can be non-monotonic when forecasts are myopic? And, under which conditions, do myopic and perfect foresight coincide?
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### Imperfect substitute

Perfect substitute- Pepsi and Coca-Cola and Imperfect substitute- Tea and Coffee . Here why tea and coffee considered imperfect substitute?
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### Fox and Tversky experiment, but reformulated for losses

Consider this example 1 from Fox and Tversky Can it be it reformulated as a bet involving losses, where participants are asked how much they are willing to pay to avoid playing the game? Or is it not ...
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### Confusion over homoskedacity assumption

In my introductory econometrics course, we have been discussing the GM-assumptions and homoskedasticity. Unfortunately, I have some confusions and interlinked questions, so I am wondering if somebody ...
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### Statistical distribution of wages and wealth

How are wages distributed globally? Wages do not follow a normal distribution, do they? Is wealth distributed in the same way or differently?

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