# Tag Info

Accepted

### Solow Model: Steady State v Balanced Growth Path

This is when the attempt at accuracy creates confusion and misunderstanding. Back in the day, growth models were not incorporating technological progress, and led to a long-run equilibrium ...
• 31.8k

### What determines whether slavery is economically efficient in industrialized/modern era economies?

Necessary Caveats When Discussing Slavery: First before tackling this question it is important to note that this issue is broad and complex. This is because there is no single 'slavery'. For example, ...
• 41.6k
Accepted

### How to convert daily returns to annual returns?

So, let me start with your second question. No you cannot multiply by 365. You could approximate it by $$\log(\text{Annual Return})=365*\log(\text{Daily Return}),$$ but for what you are doing, it ...
• 1,951

### Solow Model: Steady State v Balanced Growth Path

Following the conversation with user @denesp at the comments of my previous answer, I have to clarify the following: the usual graphical device we use related to the basic Solow growth model (see for ...
• 31.8k

### Piketty's Return on Capital

Although I'm not sure that Piketty ever directly discusses the exact definition of $r$, he does make it clear indirectly. On page 52 of the hardcover English-language edition of his book, Piketty ...
• 3,682

• 336
1 vote

### intuitive interpretation of the marginal return/productivity of capital being less than one

Several thoughts in this area: 1) Capital stock lasts over time. I may trade 1 euro for 1 unit of capital. This capital returns 0.01 euros every period forever. It pays itself off eventually. 2) ...
• 3,274
1 vote

### Should housing be considered a form of capital for the purpose of capital gains taxation?

Should housing be considered a form of capital for the purpose of capital gains taxation? Chamley-Judd's proposition aims at avoid[ing] unlimited growth in tax compounding as the horizon extends. ...
• 1,725
1 vote
Accepted

### Should housing be considered a form of capital for the purpose of capital gains taxation?

I think there are a few different ways one can go about examining the topic and general question you bring up. For that reason, I'd like to highlight that this isn't my primary field, and so my answer ...
• 1,370
1 vote

### Determining the capital return from the investment in dynamic firms and their growth

I put the article through translate and it appears that this is the (translated) section you are talking about: "To achieve this selection of 50 nuggets, the Tech Tour did not scan only the continent,...
• 954

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