All Questions

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

How to assess the effect of changing VAT collection policy to the cash ratio of businesses?

I want to measure the effect of different Value Added Tax (VAT) policies to the liquidity of a business. I am using a simple liquidity measure, the cash ratio. There are three VAT policies which I ...
0
votes
0answers
12 views

What's the difference between true simultaneity and apparent simultaneity?

The definitions I find were: True simultaneity: Decisions can be made simultaneously by agents. Apparent simultaneity: Aggregation of causal relationship over agents over time. But I don't ...
0
votes
0answers
9 views

What caused the equity of finance companies to grow so much in 1994

I recently saw this video and noticed something interesting. In a ranking of Top 15 US Companies by Shareholders' Equity in 1993, the only Financials company in the ranking was Berkshire Hathaway in ...
0
votes
0answers
12 views

How to use schooling years information to better identify the returns to education

Assume that you have the dates of birth of the individuals in the dataset. Imagine that in 1985, the Ghanaian government has decided to raise the school leaving age from 10 to 15 years old. How would ...
0
votes
0answers
21 views

Methodology to sample points on a return-investment curve

How can I sample points on a return-investment curve? i.e., how can I get the revenue returned, given investments of $I_1, I_2, \dots, I_n$? Are there any methodologies for doing this? Example For ...
0
votes
0answers
19 views

Greece national-accounts : deficit and debt doesn't seem coherent

I wanted to have a look at Greek's data to have an idea of the debt crisis' impact on various indicators. Two of those indicators are national debt levels (in GDP% or in absolute value) and ...
0
votes
0answers
16 views

Market mechanism design and decision rule based on a graph

I am doing a micro course right now. I came upon this question while studying and I was hoping for help/hints on how to solve it or what resources to consult to better understand the topic. the ...
0
votes
2answers
30 views

Does quantity demanded refer to all consumers or individual consumers?

When looking at points along the demand curve, is each quantity corresponding with each point referring to the total quantity demanded by all consumers in a market or the quantity demanded by ...
0
votes
0answers
14 views

Supply elasticity of finite (non-renewable) resources

What is the elasticity of supply of a finite (non-renewable) resource that cannot be replaced (i.e. fixed stock)? Intuitively it seems like it should be inelastic, yet I can also reason elastic.
0
votes
0answers
24 views

Choice under risk

DM $i$ faces an underlying risk of a loss and can choose among $L$ insurance plans. Each insurance plan $y\in \mathcal{Y}\equiv \{1,..., L\}$ is characterised by a deductible, $D_y$, and a premium, $...
0
votes
0answers
17 views

Solow's growth model with human capital (mankiw (1992) footnote 12 style equation)

i've never seen this type of model with human capital, and the derivatives of K and H seem to be different than what I find in literature about the subject. It's similar to mankiw romer weil (1992) ...
0
votes
0answers
6 views

What is the meaning of funded market loans?

I am asking in context of Public Finance, in my book it is written that funded market loans are a type of permanent loans. So what exactly ar
0
votes
0answers
13 views

Combining wealth and income tax

Did any country ever tried to combine wealth tax and income tax into one taxation policy? For example an income tax which has rate that is dependent on net worth, or some other tax of this manner?
0
votes
0answers
14 views

At what rate can a multi-billionaire liquidate his assets without significantly affecting the stock price?

Let's consider three different billionaires: Jeff Bezos, Bill Gates and Warren Buffett. Now let's say the three of them (at different times) decided that they want to liquidate all their assets and ...
0
votes
0answers
15 views

(Net worth) combined annual output of Japan, Germany and UK?

The following is a quote from old news. What’s the meaning of “combined annual output of Germany, Japan and Britain”? Which output? The Fed said Thursday that U.S. households' net worth tumbled by $...
0
votes
0answers
37 views

Second welfare theorem problem

I would like to get a better understanding of part c of the following problem. It appears to me that Walrasian allocations do not change but I want to confirm whether I am right or not. Thanks. ...
0
votes
0answers
21 views

weakly preferred consumer bundles

I am currently studying consumer choice and saw that weak preference refers to when an individual prefers or is indifferent to two bundles (such as bundle A and bundle B). I was wondering what is ...
0
votes
0answers
22 views

Certainty equivalent and risk premium

I'd like some guidance on the below practice question on uncertainty in consumer theory. I think I am confused on the certainty equivalent & risk premium or I'm not understanding the question. ...
0
votes
0answers
29 views

Why decreasing co-state variable (over time) is Compulsory?

I have a short question. In the continuous time infinite horizon optimal control maximization problem Like $$\max \int^{\infty}_0 u(c_t)e^{-pt}dt$$ I use current hamiltonian function and I obtain ...
0
votes
0answers
12 views

Diff in diff on model generated data

I have a structural model calibrated to N different locations and am running a series of counterfactual experiments. When I present the results for each experiment for each of N locations in tables, ...
0
votes
0answers
39 views

What is the economic interpretation of the solution of this optimal control problem?

I have the following optimal control problem $$\max_{c_t} \int^{\infty}_0 e^{-p_it}\ln(c_t(i))dt$$ subject to $$\dot{w_t}(i)=rw_t(i) -n_ic_t(i)$$ $$w_0(i)=w_0>0$$ I have some wealthy and ...
0
votes
0answers
19 views

How monetary profit is possible if aggregate prices exceed public purchasing ability?

When firms produce products, they pay households for labor. Later households use the earned money to purchase those same products... but since households purchasing ability is equal to firms' ...
0
votes
0answers
13 views

Who is the first one to equate “rational” with “complete and transitive”?

MWG taught that, suppose that the menu is finite, "rational" is the same as "complete and transitive". But it seems that it does not cite any sources. Who said this first? vNM said in 1944 that their ...
0
votes
1answer
23 views

How to calculate Real GDP from quarterly change

How do I calcualte a countries Real GDP from QoQ changes? Example - Australia 2018 - Real GDP was 1432195178668.32 $Billion 2019 Q1 was 0.5% 2019 Q2 was 0.6% 2019 Q3 was 0.4% How do I calculate ...
0
votes
0answers
7 views

Comparable data on second-hand market?

I see neither the WB nor the OECD collect data on second hand markets. However, estimates for fashion, for example, suggests this are quite significant (US here: https://luxiders.com/second-hand-...
0
votes
2answers
26 views

Does demand side economics only apply to manufacturing

For example, if investment falls then manufacturing falls. but there is no investment in secondary markets. Wouldn't recessions cause factories to collapse but why would they affect realtors, used ...
0
votes
1answer
26 views

Question regarding couple economic terms and concepts

I am trying to read some economic articles for future use. However, as a statistics major student, I am quite unfamiliar with couple of economic vocabs and concepts. Followings are the very vocabs. -...
0
votes
1answer
37 views

What does “steep incentive contract” mean in the context of adverse selection?

This term was mentioned in a slide and when I looked online, the only thing which I could find talking about this is this paper. For example,in the cost-plus-incentive contract $$x(T, c) = a(T) - a'...
0
votes
0answers
48 views

Intuition for factor price insensitivity in Heckscher-Ohlin

I'm trying to develop some intuition for why factor prices are independent of factor endowments in a small open economy (in a standard Heckscher-Ohlin 2x2x2 setting with diversification and no factor ...
0
votes
0answers
5 views

What was the difference between the UK government’s special liquidity scheme and quantitative easing?

How exactly were the two schemes related and was the lending of treasury bills the same as electronically creating money to buy bonds?
0
votes
2answers
37 views

Are businesses and individuals buying clean / green / renewable energy contribute to slowing down the climate change?

I'm not sure if an individual choosing a "green energy supplier" is making any difference. My (potentially naive, uneducated) logic is as follows: ...
0
votes
0answers
46 views

Combine Gini index with GNI/capita (PPP) to produce an indicator which gives the same weight to low percentile incomes as to high percentile incomes

Consider the attached charts, which illustrate that low-inequality Country A can have both a lower average income and higher average log income than high-inequality Country B. This sparked my interest ...
0
votes
0answers
26 views

Stock price and exchange rate is correlation, but VAR model order is zero

It is well known that Japanese stock price and exchange rate(USD/JPY) is correlation, So I built a VAR model in python about stock data(Tokyo stock price index) and exchange rate(USD/JPY) and I fitted ...
0
votes
0answers
19 views

SPV company and deal outline - need your guidance

Hi I'm new to the real estate investments world. I would like to invest in a real estate deal in Greece kind of PE acquisition of purchasing a building in Athens The company (the GP) has invested ...
0
votes
0answers
22 views

Patterns for Gross national income (GDP) measurement, from deals within the borders of a state

I desire to learn patterns for Gross national income (GDP) measurement, from deals within the borders of a state. I understand that only the following patterns are possible for GDP growth measurement ...
0
votes
0answers
13 views

Value Added Approach of GDP calculation

Suppose I sell bread loaf for 20 dollars, the cost of raw material like oil,flour,electricity.... is 13 dollar, I pay 2 dollars to my workers, 1 dollar to transportation company to transport it to ...
0
votes
0answers
12 views

Uniform price vs discriminatory price double auction

Uniform price and discriminatory price double auctions are the most commonly used auction mechanisms in the trading markets especially in peer to peer energy trading markets. However, I could find ...
0
votes
0answers
11 views

How to calculate clearing when supply demand curve do not intersect

I am working on a P2P energy trading project and want to implement a uniform price double auction. I have confusion about how the clearing price will be determined if the supply-demand curves do not ...
0
votes
2answers
44 views

Is it correct to say opportunity cost is cost of giving up quantity of what you are selling?

In this video (https://m.youtube.com/watch?v=KEYYN-a_x6E), the instructor talks about the marginal opportunity cost and supply curve. (Begins talking about it at after 1:50). He states that the ...
0
votes
0answers
16 views

Data for producer prices for products

I am working with some data that express the environmental byproducts for the manufacturing of specific broad product categories (e.g. milk, soap, leather). The statistics are given per dollar of ...
0
votes
0answers
27 views

Second-Order Conditions under Kuhn-Tucker Formulation

How should I address second-order conditions if I use the Kuhn-Tucker formulation of constrained optimization as opposed to the usual one? For instance, suppose an agent wishes to maximize $f(x_1, ...
0
votes
1answer
30 views

which is an example of demand curve that is always inelastic/elastic?

Which class of functions have the property of being always elastic?and instead always inelastic?
0
votes
2answers
57 views

EMH: Difference between market price and fundamental value?

I am confused by the relation between stocks market prices and fundamental (or intrinsic) values stated by Efficient Market Hypothesis. How these deviates regarding to efficient market theory or are ...
0
votes
1answer
55 views

Comparing cost of living of one state with that of other states [closed]

In the past I read something like this: If basic expenses for family went from 100€ to 200€ but its wage went from 200€ to 400€ it can expend more than before. Weighting the costs of living ...
0
votes
1answer
22 views

Any drawback from printing money to pay for national services such as the NHS? [duplicate]

Why can't we just print money to build national infrastructure services such as an additional hospital for the NHS? This would create growth, allowing more doctors and nurses to come through but more ...
0
votes
2answers
28 views

Correlation between nominal bond returns and growth

I read the following passage and the bolded section has me confused: In theory, assets earn a low (or negative) risk premium if they tend to perform well when the economy is weak. When growth ...
0
votes
1answer
26 views

Consumption Set in Arrow-Debreu

I'm very inexperienced in mathematical economics, so when I came across the idea of the consumption set in Arrow-Debreu, I was a little confused. So for each element x in consumption set X, what does ...
0
votes
1answer
17 views

Difference type of crowding out effect in economics

In macroeconomics I came across two type of crowding out. First, in IS LM model where in classical case, when LM curve is vertical increase in government expenditures have no increase in output i.e. ...
0
votes
0answers
14 views

Does income equality correlate with less fraud?

If a population of people have less disparate income levels among themselves, are we able to predict anything about the level of phone scams, phishing emails, etc. perpetrated by members of that ...
0
votes
0answers
4 views

Dataset including decentralization of infrastructure spending?

Does anyone know if there exists a dataset of many countries (preferably developing countries and preferably with a time series) including the amount of spending on infrastructure by local government ...

15 30 50 per page