# All Questions

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105 views

### RBC model and indivisible labour

First of all, I would like to apologise for the fact that I will include a link in my question rather than a direct question, however, I have no idea how to do it in a different way. I have been ...
2k views

### Reading list: history of economic thought / political economy

Can you all please suggest books that I can read to get started in the fields of political economy and the history of economic thought? While my major in Mathematical Economics has given me a good ...
335 views

### Does vNM rationality depend on the good chosen?

The von Neumann-Morgenstern theorem states that, assuming a person's preferences under risk satisfy certain rationality axioms, then there exists a utility function u, the von Neumann utility function,...
1k views

### What is the correct way to calculate a selling price from margin and a cost?

There seems to be two formula to calculate a selling price. The first formula that I came upon would be ...
359 views

### Goldfeld - Quandt test statistic equal to 1

I wonder what it means if the statistic (ratio) of this test is one? The statistic is built from sample splitting. Then you have to calculate the ratio RSS2 / RSS1, which are the Residual Sum Squares ...
41 views

### Calculating the growth rate of a stock over a year with imperfect information

I am trying to find the growth rate of a stock over a given year. Let's say I wanted to find the growth rate from today, June 11, 2015 to June 11, 2014. This is easy enough when you have perfect ...
89 views

### How does this company gain from economies of scale?

Given this story, I am (my younger brother is) asked why (rather than how?) a particular company Pepper plc is likely to benefit from economies of scale. In short, Jo has a shop that sells electrical ...
140 views

73 views

### What are the economic implications of regressing the same set of independent variables with different outcome variables

I was wondering if it is possible to make any economic implications by regressing the same set of independent variables with different outcome variables. For instance, regressing [Industry, Years, ...
Suppose I have the utility function $$U(x,y) = \sqrt{x} + y$$ subject to budget constraint $$p_x x + p_y y = m$$ Then $$x_M =\frac{p_y^2}{4 p_x^2}$$ $$y_M = \frac{m}{p_y} - \frac{p_y}{4 p_x}$$ ...