All Questions

Filter by
Sorted by
Tagged with
0
votes
0answers
4 views

long run growth of money supply

I am trying to understand how the money supply (bank deposits + currency) grows over time. That's the end goal. This is the first part of my awful struggle. I'm superconfused, and almost everything I ...
1
vote
1answer
22 views

Derivations of trade balance

I am facing some problems in deriving the two equations for trade balance (from which we derive that the trade balance is zero within each country) in the article "A SIMPLE FRAMEWORK FOR ...
0
votes
1answer
22 views

Why are constant price elasticities reported?

Price elasticity of demand $\mathrm{e_{D,P} = \dfrac{dD}{dP}. \dfrac{P}{Q^*}}$ clearly depends on the levels of price and quantity. Then why is everywhere (research papers, textbooks etc.) a constant ...
6
votes
0answers
30 views

Lab experiments of labour markets

I have been searching for papers that conduct lab experiments simulating a labour market, that means for a minimum there are both participants taking the role of firms, and participants taking the ...
-1
votes
0answers
12 views

Fundamental Analysis of economic data [closed]

Would anyone of you help me understand how to analyze the economic data released such as NFP, Bank interest rates decisions, GDP data, Employment change, Retail sales data, and crude oil inventories ...
1
vote
1answer
331 views

Strike time in a game

Suppose A forwards a puzzle to B where if B solves the puzzle within 24 hours then it gets a payoff of M (M>0), if not then it gets nothing i.e. 0. Consider A locks the money with the bank for the ...
-1
votes
0answers
25 views

Penalty higher or lower than reward? [closed]

I am trying to design a financial contract where good behavior will ensure that a player gets a reward of A. Bad behavior will lead to penalization. Let the penalty be B. My question is that what must ...
0
votes
0answers
20 views

What is the difference of communism and socialism? [closed]

I am kind of wondering this question. I do not want to argue with people about things if I am not 100% sure what they are or what the differences are. If you know please do let me know.
-1
votes
0answers
18 views

Solving a maximization problem [closed]

As stated in the image above, I want to solve the maximization problem for the control, state and co-state variables.
-1
votes
2answers
54 views

The difference between capitalism and communism

I'm mostly a software developer, and we like to assign structures containing fields to things. For capitalism; if every thing had an owner field, an ...
0
votes
0answers
31 views

Why does LRAC not connect the minima of SRAC curves? [duplicate]

Can anyone please provide an intuitive explanation and proper mathematical reason for non-intersection of SRAC and LRAC at the minimas of SRAC? I am seeing conflicting [1] [2] answers on the site ...
0
votes
1answer
35 views

Calculating elasticity for $y^2e^{x+\frac{1}{y}}=3$

I want to calculate elasticity of y with respect to x for $$y^2e^{x+\frac{1}{y}}=3$$ My attempt: I calculate $y'$ using: $$y'= -\frac{f_1'(x,y)}{f_2'(x,y)} = - \frac{y}{2-y}$$ I calculated this using ...
0
votes
0answers
27 views

Importance of Combinatorics [closed]

Hi I wanted to know how important combinatorics is. I am an undergraduate student looking to take more math courses and I saw and intro to combinatorics as an option. The reason I am asking is because ...
3
votes
1answer
26 views

Data on inflation target on different countries around the world

Does someone know if there's a page, like a "global bank" online page, where one could see the inflation target for different countries? For example, in x country, for x' year, the inflation ...
-1
votes
0answers
26 views

Is money supply important? [closed]

Back in March, I believe, Jerome Powell mentioned that '... right now... M2 does not really have important considerations' and that thinking that it does is something that 'needs to be unlearned'. Is ...
0
votes
0answers
34 views

Am I getting comparative statistic right?

Hi I was trying to write down my logic in comparative statistic and I was not sure if I am getting it right. Suppose for each county $c$, an agricultural production function takes the form of Cobb-...
-1
votes
1answer
72 views

Two Sellers, One Buyer Auction

Consider the following game. There are two sellers, each of whom can produce one unit of an indivisible good. The cost of producing the unit for seller i is $c_i$ . There is a single buyer who wishes ...
3
votes
1answer
35 views

What cognitive biases reduce savings?

In Thinking Fast and Slow Kahneman explains that people can sometimes save less because they underestimate the future benefit to themselves because they view present and future self differently. I ...
0
votes
0answers
38 views

Bargaining game of two robbers

I could not solve the following question. I don't know how to incorporate expectation in expected utility calculations. I would be very happy if you could help me. Consider the following bargaining ...
0
votes
1answer
31 views

Why doesn't national savings, in aggregate, always equal to zero in monetary terms?

Referring to this question and this one Imagine you had a closed economy with two people and they both started off with $100 dollars. How would net savings in aggregate ever not be zero? Anything ...
1
vote
1answer
41 views

How does the US have gross national savings while running a trade deficit?

If a country has a positive savings rate, that means that more money had to come into the country from somewhere outside of the country. However, we run a trade deficit, so we're actually sending more ...
1
vote
0answers
15 views

Question on the choice of boundary in the CUSUM test when we make some resampling

Question on the choice of boundary in the CUSUM test when we make some resampling We are considering to make a CUSUM test for some economical time series $𝑋=(𝑥_1,..,x_n)$. Suppose 𝑋 contains many ...
2
votes
2answers
472 views

Auctions and finding nash equilibrium of a dynamic game

Suppose we have a sequential version of an Auction game: • Player 1 places a bid. • Player 2 observes player 1’s bid, then places a bid. • The player with the highest bid wins the item at auction. • ...
1
vote
1answer
17 views

Does savings always equal investment? Are there any cases where savings could be removed from the economic system altogether and break the balance?

Assuming a closed economy, does savings always have to equal investment? If an individual produces a certain amount of a resource and saves it, that becomes part of the savings of the economy. However,...
-1
votes
1answer
21 views

What was the annual real growth rate in the US from 2010 to 2015?

If we look at the US M0 money supply after the global financial crisis (GFC): we see that it doubled from 2010 to 2015. If we look at the Consumer Price Index in the same period: it rose by 8%. So ...
0
votes
0answers
19 views

Was the US response to the global financial crisis Monetaristic or Keynesian?

I am learning about Keynesian and Monetarist economics. From what I read the Keynesian response to a recession is to increase aggregate demand. They do this by increasing the money supply and trough ...
0
votes
1answer
15 views

Would a car that was produced last year but bought this year be accounted for in the GDP? [duplicate]

The equation for the GDP is: $$C+I+G+(X-M)$$ If consumers are buying new cars produced last year...would those still be included in the GDP?
-2
votes
0answers
12 views

What is an example of closed economy? (a) Y = C + I + G (b) Y = C + I + T (c) Y = C + I (d) all the above [closed]

What is an example of closed economy? (a) Y = C + I + G (b) Y = C + I + T (c) Y = C + I (d) all the above
0
votes
0answers
30 views

How to derive consumer expenditures in EMEA 14.2.5

I am working on a problem 14.2.5 from EMEA by Sydsaeter, Hammond and Strom. Consider the consumer demand problem: $$ \max_{x,y} U(x,y) = \alpha \ln(x-a) + \beta \ln(y-b) \text{ s.t. } px+qy=m \tag{*} ...
1
vote
1answer
67 views

Quarterly regression, year-fixed effects

I am trying to inspect the heterogeneous effects of a USA-based shock on a panel of countries using quarterly panel data. My variables of interest are the USA-based shock (which has only temporal ...
1
vote
0answers
49 views

Finding long run total cost function

I am trying to find the long run total cost function, given the firm's production function $y=L^α K^β$ where $α,β>0$ and two inputs $L$ and $K$ where $ L,K∈R_+^2$, with factor prices $w$ and $r$ ...
0
votes
0answers
27 views

Microeconomics - Risk Aversion and Gambling [closed]

I'm really not sure how to answer this question - part (a) in particular has me stumped, because I don't understand how to write up a slope of a budget constraint linking Wa and Wb. Substituting the ...
1
vote
0answers
26 views

looking for detailed case studies on how high inflation was dealt with, with all pertinent objective facts

i am looking for case studies on how high inflation was dealt with in different countries. if anyone can post whatever detailed and objective fact compilations (facts as i detail further down) Sources ...
-1
votes
1answer
26 views

How I do I reduce loading for a regression model which has more than 16 variables all of which could be theoretically relevant? [closed]

We are running a regression to estimate the effects of board level variables on listing day stock price using this dataset. The output we got has an f=1.32 and numerous insignificant variables. So we ...
0
votes
2answers
60 views

Can an appreciating currency lead to inflation?

If a currency, e.g. the rupee (INR), is appreciating against, say, the USD, it possibly means that there is a high demand for the former. India could have net exports, high remittances, increasing ...
1
vote
1answer
26 views

Proximity-concentration hypothesis: homogeneous firms and symmetric countries

Hi everyone I am running into a stone wall and don't seem to be able to solve this, can someone show me the steps how I can insert 1 into 2 and get 3. $B=\frac{f_E+f_D}{φ^{(σ−1)}*(1+τ^{(1-σ)})}$ $π =...
1
vote
0answers
35 views

Can we pursue the goals of environmental sustainability and reduction of income inequality at the same time?

Environmentalists tell us to reduce our carbon footprint by, among other things, reducing our traveling and consumption of long-hauled goods. But people living in small-market export-oriented ...
1
vote
0answers
41 views

Revelation principle when the type space is infinite [closed]

Consider a mechanism design problem in which the agents have type spaces that are uncountably infinite. I have a couple of questions which are numbered throughout this post. The revelation principle ...
4
votes
2answers
212 views

Is modern monetary theory sustainable?

I am looking around at a lot of the central banks around the world (primarily ECB, Fed, and BOJ) and they all seem to be simply printing their way out of any issues with their economies. As far as I ...
3
votes
1answer
84 views

Can inflation show up in assets without necessarily being reflected in classic inflation indexes?

I have been having an argument with a friend of mine who obtained an economics degree in college. I have been arguing that increased money supply from the fed has led to inflation in asset prices, ...
-1
votes
0answers
28 views

Who gained from 2008 financial crisis and how much? [closed]

To put it simply some people bought something (AAA rated mortgage-backed securities) overpriced during 2008 and lost money. It's obvious that this was a zero-sum game and as always their loss was ...
0
votes
0answers
13 views

Pricing optimisation when elasticities are positives? [duplicate]

I’m performing some exercises in order to get the optimal price of some product such a potato chips, biscuits, drinks, etc. (I’m taking price per unit and sales in units) But I’ve found that some of ...
1
vote
0answers
25 views

Optimal price when elasticity of demand is positive? [closed]

I’m performing some exercises in order to get the optimal price of some product such a potato chips, biscuits, drinks, etc. But I’ve found that some of them have positive elasticities. This can makes ...
3
votes
0answers
38 views

Theoretical models of copyright infringement and efficiency implications

I wanted to know if there are theoretical models of copyright infringement and what are their implications for efficiency in the market and also, if possible, any empirical support they have. When I ...
0
votes
0answers
32 views

Since externalities can never be perfectly priced in by markets, what’s to stop the price system from collapsing under long term competitive pressure? [closed]

As we know that externalities will always exist in reality attached to any complex system of exchange, there will be ever increasing incentives to shift real costs into negative externalities and thus ...
1
vote
1answer
68 views

Trouble at differentiating a consumption function

everyone. This is kind of a basic question, but I have a weak background on calculus and I already tried to figure this out by myself for a few hours without success. So, I am finally appealing on you ...
1
vote
0answers
15 views

How to find equilibrium price with inverse demand? [closed]

So I know how to do it when it is a function of Q but as a function of P I'm confused about what steps I have to take demand: p = 1000-0.025q supply: p=150+0.033q
1
vote
0answers
14 views

Refunded Emission Payments - how does it work?

I know that there are different types of Refunded emission payments e.g., : expenditure based output based However, I think it is difficult to understand how Refunded emission payments works? I ...
4
votes
1answer
43 views

What was the US monetary policy like in the 70s?

Today the US inflation target is roughly 2%. However in 1974 the inflation rate was 11% and in 1980 it was 13.5%. What monetary policy did they follow at that time that allowed the inflation to rise ...
-1
votes
0answers
17 views

Environmental Econ [closed]

This is an Environmental Econ Question I've been struggling with. If anyone can help, it would be really beneficial

15 30 50 per page
1
2 3 4 5
233