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Change in the way unemployment is calculated in the US?

The most likely explanation for discrepancies that political partisans like to pick at is that presidents like to cite different measures of unemployment. The BLS has 6 alternative categories of labor …
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1 vote

Practical examples of fair division algorithms being used

Most division problems are over land/property or belongings of the deceased or business acquisitions, things that aren't infinitely divisible, are not homogeneous, and often that involve more than two …
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1 vote

Cyclicality of Real Wages? Counter, pro or acyclical?

It really depends on what model you use. Classical and Keynesian economists believe that real wage is counter-cyclical. In Lucas' New Classical model, he believes real wage is acylical. In the Real B …
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Conventional Monetary Policy and Income Inequality

Well, certainly you'll see literature saying it is possible to make monetary redistributive. This paper by Brunnermeier and Sannikov (2012), Redistributive Monetary Policy, says that deflation can cau …
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