All Questions

2,209 questions with no upvoted or accepted answers
Filter by
Sorted by
Tagged with
0
votes
0answers
14 views

Is IP theft more severe in China than in other developing countries?

Why is the media making such a big deal over IP theft in China if it's not more severe than in other developing countries? So is it the case that IP theft is more severe in China than in other ...
0
votes
0answers
22 views

Brownian motion - expected value

Could somebody explain why the expected value of Brownian motion is zero? Why is it important in economics? Thanks!
0
votes
0answers
32 views

Feature Scaling before applying Cubic Splines?

Should I standardize my features before applying Splines? More specifically, I am running the following code to transform my features: ...
0
votes
0answers
21 views

If all of LATE (Local Average Treatment Effect) assumptions is satisfied?

I would like to know intuitive and specific interpretation of LATE. If all the assumptions for LATE is satisfied, we can say that the Instrument Variable (IV) has an effect to estimate X on Y. Also, ...
0
votes
0answers
24 views

Firm Cost Minimation

I am so confused at the moment as I can't seem to figure out whether MRTS (i.e. the slope of the firm's isoquant) is MPL/MPK or MPK/MPL. At first I thought I cleared it up as it would probably depend ...
0
votes
2answers
186 views

robinson economy with production

Facing a little bit of a problem with this questions, did a similar one BUT the utility function was not linear and got MRS dependent on goods (was not just a number) - here I am at a loss. The ...
0
votes
0answers
27 views

Is the relationship between cost and value typically logarithmic?

Consider the comparison of two new cars. One costs \$250k and the other \$25k. One would naturally expect the quality (value) of the \$250k car to be greater than the \$25k car but does economics have ...
0
votes
0answers
51 views

Intermediate demand vs. Intermediate consumption

I am trying to understand what's the difference between intermediate consumption and intermediate demand. The context is the European System of Accounts, which says that intermediate demand is the ...
0
votes
0answers
34 views

Definition of Heckscher-Ohlin free trade equilibrium

Does anyone know the mathematical definition of the Heckscher-Ohlin free trade equilibrium? Using real analysis methods!
0
votes
0answers
14 views

Using Gretl for ARCH model

How to forecast of volatility with use ARCH model in gretl? Because if I use function "gig" I get non positive coefficients for ARCH(2), ARCH(3),...
0
votes
1answer
77 views

Decreasing and increasing returns to scale question

Hi, I have deduced that this function exhibit increasing returns to scale but I am not sure how to verify part d. My answer doesn't show that there is decreasing returns to scale but I can't be sure d ...
0
votes
0answers
17 views

Demand-pull inflation versus going up aggregate demand curve

From what I understand, the AD curve on the AD AS model represents how the price level and real GDP will change when the AD increases or decreases. So if you go up the AD curve, the price level ...
0
votes
0answers
11 views

Is there empirical evidence that (sales or income) tax rates affects GDP growth?

We often hear in the media and from politicians that tax cuts stimulate economic growth. The theory would probably be that less taxes give people more money in theri pockets. With this money they ...
0
votes
0answers
10 views

Why does a leaseback remove the need to value the poisonous assets?

Robert Peston | 10:40 UK time, Friday, 16 January 2009 Burt is proposing a sale-and-leaseback of toxic assets. Which probably sounds like gobbledegook to you. [1.] So I'll address it in more detail ...
0
votes
0answers
8 views

wage/productivity, what does it show

I just confused about the fact that does wage/productivity show the wage gap? So if wage/productivity is the wage gap then by the increase in productivity the wage gap should decrease as the ...
0
votes
0answers
12 views

Generating Variable frequency

I three variables, zipcode, date (month_year) and name of an installer. I need to generate: 1- a new var that is equal to the number of repetitions the installer name is repeated in month_year and in ...
0
votes
0answers
14 views

How does a consumption shock decrease the real interest rate?

If prices/wages are flexible, with a negative shock to consumption, for example, I have heard that the real interest rate should fall to keep the demand constant (since consumption is decreasing in ...
0
votes
0answers
53 views

Homogeneity in Marshallian demand function

I have worked out the expenditure function for a Marshallian demand function, R represents a fixed cost and the questions asks about why the expenditure function is unusual. The answer explains it is ...
0
votes
1answer
61 views

How to approach such question of two periods and asymmetric information game?

There are two players 1 and 2, playing a two-period public good contribution game. The benefits from the public good per-period to each player is $b_1$ and $b_2$ respectively, which are common ...
0
votes
0answers
18 views

microeconomic model of software agents?

I am wondering whether there is a microeconomic analysis of software agents. There seem to be parrallels between software agents, or more generally, programs, and topics in economics: principal ...
0
votes
0answers
28 views

How to interpret RTS in Stata?

I want to study the efficiency of banks using Data Envelopment Analysis (DEA). When I run an output-oriented DEA based on the variable return to scale I get CRS, VRS, NIRS and SCALE efficiency with ...
0
votes
0answers
29 views

Mankiw, Romer & Weil: Estimating Implied Alpha & Beta

I am replicating Mankiw, Romer & Weil (1992) with data from 1995 through 2015, and I wondering how they estimated the implied alpha and beta. Thank you, For those curious, the paper can be found....
0
votes
0answers
21 views

How are preferences related to relative prices?

For instance, across regions of a country or between countries. Is that different preferences for food lead to distinct relative prices in different regions or countries? Or is it the other way ...
0
votes
0answers
15 views

GARCH(10,10) model

I try to find an easy and understandable description of How to calculate a short-term variance in garch model, when p and q are not equal 1. Let's have a look at this video: https://www.youtube.com/...
0
votes
0answers
53 views

Log-linearization about steady state

I am working on a Solow model where: $$ y_{t} = k_{t}^{\alpha}(Z_{t})^{1-\alpha} $$ $$ y^{*} = (\frac{s}{n+\delta})^{\frac{\alpha}{1-\alpha}} Z $$ $$ k^{*} = (\frac{s}{n+\delta})^{\frac{1}{1-\alpha}}...
0
votes
0answers
11 views

Has there been any analysis of the proportional tax burden of domestic SMEs versus multinational corporations?

Has there been any analysis of the proportional tax burden of domestic SMEs versus multinational corporations? It would seem that base shifting would give multinationals a significant tax advantage ...
0
votes
0answers
15 views

Do all parameters have to have the same nature in a structural change test?

Lets say I am building a market model to estimate the beta of a stock with respect to a index of stocks. The beta maybe Constant / Autoregressive of order 1 / doing a random walk. I realize there are ...
0
votes
0answers
28 views

401k vs stock investments when it comes to taxes

I'm a bit confused about what makes more economical sense when it comes to investing and taxes: 401k investments vs investments on your own. I'll try to formulate my questions as a simple example. ...
0
votes
0answers
6 views

Framework for assessing suitability of government intervention

I am writing a paper on mobile roaming and I am having trouble with some aspects of it. The paper is required to have an "analytical" part and I am struggling to come up with suitable ideas. I figure ...
0
votes
0answers
8 views

Are IMF interventions in currency crises good leading indicators for the performance of financial assets in that country?

The point in time during a currency crisis when the IMF finally steps in tends to be relatively close to the trough of the crisis - at least it seems that way anecdotally. Is there any research that ...
0
votes
0answers
22 views

Different explanation for economic growth, depending on the length of the period considered

I'm being introduced to macroeconomics, and a colleague asked why do we say that in the short term the productivity of a country is determined by the "demand side" (IS/LM model) while in the long run ...
0
votes
0answers
3 views

Lower monthly inflation at the beginning of the year

Good afternoon, I just looked at several EU HICP time series, and what struck me was the fact that quite often the monthly inflation rate was way lower (even negative) in January/February, at least in ...
0
votes
1answer
41 views

Neoclassical model with proportional taxes

In a certain economy, time is discrete with periods $t=0,1,2,...$. The economy is populated by many households and identical firms. The utility of a household is: $\displaystyle\sum^{\infty}_{t=0}\...
0
votes
0answers
24 views

VAR model OLS line by line

I am estimating a VAR model line by line. Lets say the conditional variances are correlated. We would expect size distortion. So we would use another method, perhaps a HAC standard error to account ...
0
votes
0answers
11 views

How would tax incentives influence the connections between the public and market squares, and the taxpayer-political enterprise relations?

I'm supposed to read a book written by Wagner, Richard E., Fiscal Sociology and the Theory of Public Finance, Cheltenham: Edward Elgar, 2007. To answer the question: How would tax incentives ...
0
votes
0answers
50 views

What would tax incentives imply for public goods provision and redistribution compared with a fiscally neutral investment credit?

I'm supposed to read a book written by Jasay, Anthony de, Justice and Its Surroundings, Indianapolis: Liberty Fund, 2002. To answer the question: What would tax incentives imply for public goods ...
0
votes
0answers
14 views

Correction of standard errors in IV model

In reference to paper titled "Estimation with Many Instrumental Variables" by Hansen, Hausman and Newey, I wanted to know how to find corrected standard errors in Stata for the many instruments case.
0
votes
0answers
31 views

Kink in the dynamic IS-curve

I am reading Monetary policy, inflation, and the business cycle: an introduction to the new Keynesian framework and its applications by Gali. Consider this statement: In the New Keynesian model, the ...
0
votes
0answers
20 views

Macro economics drivers in supply chain

I am working on building a sentiment indicator for companies and investors in the supply chain. I am looking for interesting research on the macroeconomic drivers in the global supply chain (...
0
votes
0answers
31 views

How should I rebase my GDP?

I have a constant GDP data from 1988 to 2009 in constant 1985 prices and GDP data from 2009 to 2017 in constant 2000 prices. My question is how should I rebase my GDP? Upon searching the web, i don'...
0
votes
0answers
29 views

instrumental variables

I have a question related to IV methods. Suppose I have a regression $Y = a + b_1 X_1 + b_2 X_2 + \epsilon$, where $Y$ is a dependent variable and $X_1$ is an endogenous independent variable and $...
0
votes
0answers
7 views

Impact of increasing deferred payment days on independence index?

I am trying to answer the following question. Let's say I let the deferred payment days from 30 to 90, so that my clients will have more days to pay the good I am selling. How this change will effect ...
0
votes
0answers
20 views

can human development index be a proxy for human resource?

can I use hdi instead of literacy rate as a proxy for human resource ot human capital? is human resource and human capital the same? Thank you.
0
votes
0answers
16 views

Monetary Policy under commitment. How to solve the optimization problem?

Under commitment the CB might follow this problem as Monetary Policy strategy: $$ \min_{\pi_t,x_t}=E_0\sum^\infty_{t=0}\beta^t \left(\frac{1}{2} ( \pi_t^2 + \alpha x_t^2 )\right) $$ $$ \text{s.t. }\...
0
votes
0answers
17 views

Stock market's obsession with growth of all companies?

I understand the stock market is a useful place to gain capital which allows further growth of a company. But it seems to me that even companies that have been on the stock market a while, appear to ...
0
votes
0answers
183 views

What is the opposite of debt?

In trade, the opposite of trade deficit is trade surplus. In other words, the negative deficit is called surplus. And then, what is the term for negative debt? Say for example Bank A owes 5 million ...
0
votes
0answers
11 views

Transformation of cutpoints in Ordinal Probit/Logit regression

The likelihood for an ordinal probit/logit regression model is given as - $f(y|\beta ,\gamma ,z ) = \prod_{1}^{n} \left [ \Phi (\gamma _{j} - x_{i}'\beta ) - \Phi (\gamma _{j-1} - x_{i}'\beta ) \...
0
votes
0answers
36 views

Does improvement in human capital reduces regional disparity?

I am an undergraduate student and I am finding out if this could be a good thesis topic since I haven't encountered any text regarding this also when I found one related to this it is on the other way ...
0
votes
0answers
11 views

How much is the amount insured for retirement plans in the USA?

The bank accounts are insured for up to $250,000 per account - link But how much is the amount insured for retirement plans? Say for example that one person payed one million $US in total to the ...
0
votes
0answers
27 views

In an unsterilized purchase of dollars and sale of foreign assets, why doesn't the supply of dollar assets fall?

From Mishkin (2016, p. 500): Explanation of what the supply curve here is, from p. 478: The quantity of dollar assets supplied is primarily the quantity of bank deposits, bonds, and equities in ...

15 30 50 per page
1 37 38 39 40 41 45