Search Results
Search type | Search syntax |
---|---|
Tags | [tag] |
Exact | "words here" |
Author |
user:1234 user:me (yours) |
Score |
score:3 (3+) score:0 (none) |
Answers |
answers:3 (3+) answers:0 (none) isaccepted:yes hasaccepted:no inquestion:1234 |
Views | views:250 |
Code | code:"if (foo != bar)" |
Sections |
title:apples body:"apples oranges" |
URL | url:"*.example.com" |
Saves | in:saves |
Status |
closed:yes duplicate:no migrated:no wiki:no |
Types |
is:question is:answer |
Exclude |
-[tag] -apples |
For more details on advanced search visit our help page |
2
votes
Accepted
Economic examples of (sub)martingales
Applying the Law of Iterated Expectations on the defining property of a sub-martingale $E(X_{t+1}|X_1,\dots,X_t)\ge X_t$ we have that
$$E\Big[E(X_{t+1}|X_1,\dots,X_t)\Big]=E(X_{t+1}) \geq E(X_t)$$
S …
2
votes
Gali and van Rens: The Vanishing Procyclicality of Labor Productivity
A napkin theoretical exploration of the issue, to find possible directions to look for explanations, could go like this:
According to the paper, the volatility of output and productivity has fallen …
4
votes
Accepted
Is the development of "developing countries" evidence against the idea that former colonial ...
To complement @rocinante answer the argument described in the question silently assumes that growth can happen only if you steal from somebody. So if the past colonies cannot steal from anybody, they …
1
vote
Accepted
"Normal" vs "actual" variables in empirical work
"Normal" in this context means "trend" (usually a simple linear trend, but in principle could be a non-linear trend by using for example the Hodrick-Prescott filter device).
Decompose output $Y_t = T …
1
vote
Reasons for the recent rise in long-term unemployment
I would "advise" to wait... a few more years! From the figure you provided, there is a perhaps slow but visible rising trend (with business-cycles-like "seasonality") for both the long-term and the mi …