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### any contingent labor and capital demand functions shortcuts for cobb-douglas functions?

for cobb-douglas utility functions, aI/px and (a-1)I/py gives the marshallian demand for x and y. Are there any parallels for cobb-douglas production functions, q = x^a * y^(1-a) ? Thank you.
1 vote
100 views

### where does the condition of aggregate demand can be written as function of aggregate wealth come from

I'm self studying MWG chapter 4, and it says the aggregate demand $x(p,w_1,...,w_I)=\Sigma_{i=1}^Ix_i(p,w_i)$ can be written as function of $W=\Sigma_i^I w_i$, that is $\Sigma_{i=1}^Ix_i(p,w_i)=x(p,W)$...
• 113
40 views

### Question on economic data

I need to find two data sets: inflation (seasonally adjusted) (I found the inflation data, but seasonally unadjusted) Sectoral prices (automobile prices, energy prices and so on) The data I need to ...
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1 vote
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• 113
1 vote
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### Taxation in a general equilibrium framework

Is there a good reference on taxation theory in a general equilibrium framework? I am especially interested in the following questions. Is the equilibrium independent of who pays the taxes? Is the ...
• 73
1 vote
30 views

### Bargaining on infinite horizon with no offer period

The original problem solved by Rubinstein (bargaining on infinite horizon with fixed discounts) is sufficiently clear to me but I can't understand what will happen in the following situation. Suppose, ...
12 views

### How to quantify arable land output potential?

How do economists assess the production potential of arable land? More specifically, how is land fertility quantified? For example, how would I compare countries by their agricultural potential by ...
• 101
1 vote
14 views

### Synthetic Control - Potentially confounding policy in the treated and donor units

I am currently conducting a synthetic control approach and try to assess the possibility of confounding effects. In my setting, two policies had happened. One policy that (in theory) affected the ...
30 views

### Technological contributions of Economics

Physics has led to technological inventions like rockets, television sets, motor cars etc. Medical science has led to the invention of numerous medicinal drugs. Computer science has led to the ...
76 views

### Confusion on the Profit Maximization Equation [closed]

So, I found a formula for Profit Maximization on this page. https://en.m.wikipedia.org/wiki/Profit_maximization Listed in the Marginal Revenue- marginal cost perspective section. My question is, what ...
1 vote
39 views

### Flow budget constraint in a paper by Garleanu and Panageas

I am reading this paper and got confused by Equation (6) in said paper. Suppose there is an investor that can trade in riskless bonds that pay interest rate $r_t$, and holds a market portfolio with ...
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### What does A-coefficient, A-star-coefficient, Leontief inverse, and Ghosh inverse means in EEIO?

All 4 features are dependent of the transaction Z table, where Z table is an NxN matrix of sectors representing input/output or export/import. Intuitively, I'm still confused by what they do. From ...
• 11
25 views

### References for minimum distance estimator

What is the formula for finding the minimum distance estimator and how does it differ from GMM? Also, do you know of any good resources on MD? Can't find any besides my textbook. Thanks!
1 vote
24 views

### Modified Elasticity Calculation

I have 5 yrs worth of price and unit sold data for retail products. Generally these products have MRP and sold at some discount. I want to create elasticity curve for these products. However over a ...
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235 views

### Why can't Russian CB influence on dollar?

I read in Russian article that Russian CB can't influence on dollar. CB can't depreciate dollar. CB can influence on rate of RUB only. But if there is demand on USD or RUB then why can't CB influence ...
• 141
44 views

### What is liquidity of dollars?

I read Russian article about exported inflation and it was written there about liquidity of dollars: In order to reduce national debt of the USA and to stimulate economic growth government of USA ...
• 141
1 vote
35 views

### Can we use the utility of discounted flows to do asset pricing?

Is it possible to do asset pricing by using the expected utility of the present value of all future discounted cash flows ? I aim to use this utility function to define an optimal portfolio, but I ...