# All Questions

8,013 questions
1answer
51 views

### Policy to maintain cleanliness

In countries where littering is a problem and the regulations and rules alone cannot give the desired effect due to vary high population,large surface area,etc.. ,will it be effective if the ...
2answers
50 views

### The TYPICAL law of motion of capital

Consider a typical macro firm set-up where the capital can be produced from output goods using a linear technology. It costs some X units of output good to make a unit of the capital, and the capital ...
1answer
21 views

### Estimated betas and optimal portfolio

I ran a regression on 20 assets to estimate their beta with different methods. I would like to see the differences of these estimation differences in terms of mean-variance optimal portfolio. How can ...
2answers
27 views

### Is there a pull of skilled workforce from rural to urban areas?

Is there a pull of skilled workforce from rural to urban areas, i.e. is this scientifically described? Especially in the European Union.
0answers
23 views

### Why can we collect more Ricardian Rent than the land has to offer?

1MM, ideal tax-independent property value = $P_p$ 1% tax rate, x, on market tax-dependent property value, $P_t$ $0.01 * P_t = tax revenue = T_r$ $T_r$ over real interest rate, $R_r = M_p$, market ...
4answers
41 views

### why is it always said that a CAD must be financed by borrowing from foreign countries

a current account deficit (CAD) means you have money leaking out of your country and going to ROW (rest of world). i see here (https://www.imf.org/external/region/tlm/rr/pdf/fpp5.pdf) that it can be '...
1answer
24 views

### Interpeting equivalent annual cash flows

So i have this question: RainMan Inc. is in the business of producing rain upon request. They must decide between two investment projects; a new airplane for seeding rain clouds or a new weather ...
1answer
21 views

### How can i determine the homogeneity degree of Stone Gaery function? [closed]

I dont know how to demonstrate homogeneity degree of this function $(X-\alpha)^{\beta}(Y)^{1-\beta}$ Any idea? Thanks.
3answers
214 views
+100

### The economics of a “no deal” Brexit

A "no deal" Brexit is presented in negative terms. In such a scenario the UK would set tariff schedules in line with trade strategy and protect domestic industry/agriculture with tariff rate quotas. ...
1answer
63 views

### Regarding some econometric problems

How do I know the specification in (3.2) is a chi-square distribution with df k-1? and why is it the case that the asymptotic variance of $\hat{\beta}_{FD}- \hat{\beta}_{OLS}$ is simply the ...
1answer
51 views

### Chinese tarriffs (pre-tradewar)

I am trying to understand to what degree tariffs (or other restrictions like quotas) were the cause of the trade imbalances between the US and China. One might imagine that it was simply a matter of ...
0answers
24 views

### Rotation of Quasilinear Utility

Let $u(x,y)=f(x)+y$ be a quasilinear utility. Now we rotate it by 45 degrees, (such that the $x-$axis becomes the direction of $(1,1)$) $v(x,y)=f(x-y)+x+y$. Is $v$ also a quasilinear utility? What is ...
0answers
4 views

### Calculation of Inflation and purchasing power

kindly I'm stuck in this problem instead of many attempts through net present value and other discounted cash flow methods, some one could give me a detailed information and answers on this problem : (...
0answers
13 views

### What is the price of this perfectly competitive market in long run equilibrium?

question is as follows: the average cost of a firm in a perfectly competitive industry is given by 5q2-2q for all values of q greater than zero. In long run equilibrium, the price will be a) 100 or ...
0answers
25 views

### Economics of Education

I would like to ask two questions. What are decent schools to study Economics of Education for a PhD? My second question is if there is anybody who could recommend me a good book or research papers ...
1answer
34 views

### Is it possible to sell a rival and non-excludable product?

The context pertaining to which I have asked this question is same as that of the question linked below Rival and non excludable products In the linked question, a few examples of rival and non-...
2answers
39 views

### Rival and non excludable products

I learnt that if the service provided is of non-rival and non-excludable in nature, the problem of free riding occurs and the provider may not get a profit. I can understand how non-excludability ...
0answers
19 views

### What are the hot topics (sub-fields) in the International-trade to pursue for the research work?

I am interested in trade economics. Suggest me some hot topics and authors in the field. Different dimensions of trade economics. Use of game theory, networks etc.
1answer
75 views

### Remittance: Migrant workers sending money to their families

I wonder about the role of migrant workers in a general economic context. Migrant working appears all over the world and on many time and space scales: around cities (e.g. commuters) inside ...
1answer
16 views

### How to calculate the after tax WACC

So i have this question: Assume the following data for U&P Company: Debt (D) = $100 million; Equity (E) =$300 million; rD = 6%; rE = 12%; and TC = 30%. Calculate the after-tax weighted average ...
0answers
10 views

### Tariff impact measurement

As I understand it, tariffs are used to generate revenue for governments and also punish suppliers or influence their respective governments. Usually the end user pays the tariff. Is there a metric ...
1answer
15 views

### Can a monopoly supply negative units to one of it's two markets?

A question I have seen in my microeconomics textbook is as follows: Consider a monopoly supply to both a domestic and foreign market, where the market demands are: Yd(pd) = 20 - 2pd, hence pd(yd) = ...
0answers
6 views

### Difference between corresponding and secondary tax adjustments in transfer pricing

What is the exact difference between a secondary tax adjustment and a corresponding tax adjustment? Are these two adjustment not the same? Does a secondary tax adjustment only happen with regard to ...
3answers
64 views

### What are the economics behind web spam?

In this question, I'm referring to "web spam" on search engines (not email spam), such as placing misleading keywords on one's web page so that a pornographic site, for example, would get a lot of ...
2answers
44 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 ...
1answer
21 views

### Is it better for low-income people to live in the countryside where it's cheap or in the city where there are more services?

Supposing someone is struggling to pay the rent in an urban area, and they don't have anything tying them down to any one place, would it make sense to move to a rural area where the rent is much ...
0answers
23 views

1answer
22 views

### Continuity of Prices for Constant Elasticity of Substitution Production Functions

Imagine I have a CES production function $$Y_{\sigma} = Z [ \sum_{i=1}^N \alpha_{i} X_i^{\frac{\sigma}{1-\sigma}}]^{\frac{1-\sigma}{\sigma}}$$ I know that as $\sigma \to 1$, the corresponding ...
0answers
27 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 ...
0answers
27 views

### Do countries have an obligation to match their savings and consumption rate with that of the U.S.?

https://www.barrons.com/articles/europe-is-now-a-bigger-trade-villain-than-china-51558118723 The above articles state that trade imbalances are a bad thing and that if a government doesn't enact ...
0answers
17 views

### What is meant by “resource base” in this sentence?

I read a sentence in a chapter in my book which was: The emphasis on developing a resource base also meant that export-oriented growth was limited. I googled the for the term "resource view". But ...
1answer
28 views

### If an ordinal-scaled utility function is defined via strictly increasing transformation, how can it represent a case of indifference?

Problem: According to Wulf Gaertner’s (2009, p. 13) A Primer in Social Choice Theory, any strictly increasing transformation of an individual’s ordinal utility function is informationally equivalent. ...
0answers
39 views

### Immigration supply shocks, fixed effects and model interpretation

I'm new to this and I've been racking my brains for a couple days trying to understand this model and how to run it in Stata. More than programming help, I think I just don't understand the model well ...
1answer
47 views

### How to calculate standard deviation of a portfolio?

So i have this information: Suppose that 60% of your portfolio is invested in Johnson & Johnson (JNJ) and the remainder is invested in Ford. You expect that over the coming year JNJ will give a ...
1answer
38 views

### Demand correspondence is both upper and lower hemi-continuous; is the preference continuous?

$\succsim$ is a weak order over $\mathbb R^L$. For a closed budget set $B\subset\mathbb R^L$, define demand correspondence: $$D(B)=\{x\in B|x\succsim y\forall y\in B\}$$. We know that $D$ is always ...

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