New answers tagged

1 vote

Ratio of two Jensen inequality

A bit of a "non answer" but it appears that you cant say anything about how the a ratio of expectations is related to an expectation of ratios. To illustrate, let $f(X)$ and $g(X)$ be ...
EconJohn's user avatar
  • 8,133
1 vote

Ratio of two Jensen inequality

If $X$ and $Y$ are independent positive random variables then the following are true by Jensen's Inequality: \begin{eqnarray*} \mathbb{E}\left(\dfrac{X}{Y}\right) \underbrace{=}_{\text{By Independence}...
Amit's user avatar
  • 7,513
3 votes

Literature exploring theoretically the relationship between inequality and economic growth

This is a very large subject and the relevant literature is wide too. There are important economists as Daron Acemoglu or Robert Barro who dealt with the subject. I give below some possible ...
BakerStreet's user avatar
  • 3,037
-2 votes

Is it viable to put a cap on personal wealth in the U.S.?

Caps on wealth is a viable option and it is not tantamount to a marginal tax of 100%. Let me explain. We have to look at this question from the perspective of price and inflation control rather than ...
Phillip Williams's user avatar

Top 50 recent answers are included