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Your post is unclear and confusing. In some places you assume a marginally employable worker that is employed. Elsewhere you assume a not employed person. You seem to be asking if a not employed person receiving UBI creates value for society. I will answer to that in the hope that it is a succinct re-expression of your intended question. I will ignore non-...


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Your graphs do not seem to match your explanation of the formulas. Let us look at the formulas $$x(t) = \frac{r}{365} \cdot \frac{t}{365}$$ $$FV(t) = PV(1 + x(t))^{years}$$ at the end of the period, that is where $t = 365 \cdot years$. $$x(365 \cdot years) = \frac{r}{365} \cdot \frac{365 \cdot years}{365} = \frac{r}{365} \cdot years$$ $$FV(365 \cdot years) =...


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What the media means is heavily dependent on what media you are talking about, but the statistics agencies usually compute two price indices one year apart and compare these, thus they do not use daily compounding. This has pros, it smooths out wild fluctuations and even provides some seasonal adjustment. It is a known result that for $n \neq 1, x > 0$ ...


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The Blame is in the FED. First of all is important to know about one of the more important theories about economy Austrian Business Cycle Theory (ABCT), this was proposed by Ludwig von Mises and the Nobel prize Friedrich A. Hayek, in their books "Money and Interest" by Ludwig von Mises, and "Prices and Production and other goods" by Hayek....


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Markowitz's 1952 paper did not have any distributional assumptions. You should read it. It is not rigorously constructed. It was more of a proto-idea at that state. He posited a mean and a variance but many distributions have both, some only have a mean, some have neither. The earliest paper would be by Mandelbrot in 1963 called "On the Variation of ...


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Only sufficiently credit worthy countries are able to borrow money internationally in their own currency. In principle you are right that such a country could effectively default by expanding the money supply until the currency is practically worthless and repaying in the debased currency. However if this happens (1) the reputation of the country for credit ...


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