21 votes
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Are there examples of state banks in history?

Yes. An important and currently highly relevant example is India. In 1969, the Government of India issued the Banking Companies (Acquisition and Transfer of Undertakings) Ordinance, 1969 which ...
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14 votes

How much do second-hand good purchases affect first-hand demand?

Coase (1972) has a classic treatments of this issue for monopolists selling durable goods. The general idea is that if Alice sells a textbook to Bob, Bob can resell it to Charlie when he is done with ...
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  • 15.9k
11 votes

Are there examples of state banks in history?

In France a number of banks were nationalized after the 1939-1945 war. by the law of December 2, 1945. In short, that law first nationalized the Banque de France and gave it the monopolistic privilege ...
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11 votes
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Is Basic Economics by Thomas Sowell a good book for a layperson who isn't interested in pursuing economics?

I heard that Basic Economics by Thomas Sowell is a good book for a layperson to get a feel for how the economy works. I have also heard some criticisms but they seem to be based on Thomas Sowell's ...
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  • 43.5k
10 votes

Are there examples of state banks in history?

Currently in Sweden the bank SBAB, web page sbab.se , is fully owned by the Swedish state. For a period, after the 1990 bank crisis, the bank Nordbanken was state controlled ( as alternative to going ...
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10 votes
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Have there been attempts to estimate the costs of obesity?

"Have there been any attempts to measure the health costs of obesity in terms of either the obesity rate or body mass indices?" Yes. Most literature that quantifies the costs/costs burden of ...
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  • 923
7 votes
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Are there any economic peer-reviewed journals dedicated to, or at least committed to publishing, replication studies?

A notable journal that has a dedicated replication section is the Journal of Applied Econometrics, which contains a detailed description on their webpage. Hope this helps!
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  • 1,631
7 votes

Lab experiments for a course in standard contract theory

There are a couple of papers by Hoppe-Schmitz in GEB that might be useful: Hoppe, E.I. and Schmitz, P.W., 2011. Can contracts solve the hold-up problem? Experimental evidence. Games and Economic ...
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  • 71
7 votes
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A paper about the economics of (physical) power?

Piccione, Michele, and Ariel Rubinstein. "Equilibrium in the Jungle." The Economic Journal 117.522 (2007): 883-896.
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6 votes

Help me find again a paper I saw which calculated a high social cost of carbon

Perhaps it is "Country-level social cost of carbon" by Ricke et al. (2018)? Abstract: The social cost of carbon (SCC) is a commonly employed metric of the expected economic damages from ...
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  • 26.7k
6 votes

Are there examples of state banks in history?

Yes in USSR all banks, like everything else was state owned. Although there is no much literature on it as the system was opaque. You can have look at Kuschpèta (1978) for some exploration. why was ...
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  • 43.5k
6 votes
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What is the name of this economics tale about the role of money?

The story you are looking for might be "The Enchanted Valley" by Eugene Manlove Rhodes. this 1909 story, published in Redbook, could have come from the pen of O. Henry. With a mythical ...
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  • 26.7k
6 votes

Where to start studying the maths in economics?

You can do these topics for Mathematics : Logic, Calculus, Probability and Linear Algebra. And I think if you want to learn Economics using problem-solving approach then this Youtube Channel will be ...
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5 votes

Are there examples of state banks in history?

Some sort of government involvement is the norm. In the US, the FDIC and Federal Reserve Bank are central parts of the banking industry, and while they are in some sense "independent", they ...
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5 votes

Are there examples of state banks in history?

In the UK in 2008, the government took majority stakes in Royal Bank of Scotland and Lloyds Banking Group (two of the country’s four largest retail banks) to prevent their bankruptcy and the ...
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5 votes
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Does julia's speed advantage over python make any difference for DSGE modeling?

Julia is actually a lot faster than Python, also when running DSGE models. The NY FED moved their DSGE model to Julia because it allows them to: Estimate models 10x faster Complete 'solve' test 11x ...
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  • 2,046
5 votes

Does julia's speed advantage over python make any difference for DSGE modeling?

There are certainly cases where the performance differences between Python and Julia matter, but solving a simple DSGE model is not one of them. There have been some formal comparison exercises (e.g., ...
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  • 175
5 votes

Are there any economic peer-reviewed journals dedicated to, or at least committed to publishing, replication studies?

Journal of the Economic Science Association (JESA) JESA will focus on publishing shorter papers (original articles, methodological pieces, surveys, comments on recently published experimental papers),...
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  • 14.6k
5 votes
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Where are the equations? Limits to Growth, Meadows et al., 2004

Not directly answering the Model3-03, which is an evolution of the original Model3. The newer version is available here: aru.figshare.com/articles/software/World3-03_Edited/11341697 (not Python). I ...
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  • 2,046
5 votes

What are the economic peer-reviewed journals devoted to literature review?

The Annual Review of Economics is a nice one to look into https://www.annualreviews.org/journal/economics
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5 votes

Where to start studying the maths in economics?

Good book is the Essential Mathematics for Economic Analysis by Sydsaeter et al. We use it at an undergraduate level at the university. It’s really good book, very clear with application to economics ...
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  • 43.5k
4 votes
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Reference on nonparametric econometrics

Fairly recent, complete and very pedagogical textbooks, with a lot of codes available on R are: Henderson, D. and C. Parmeter, 2015, Applied Nonparametric Econometrics, Cambridge University Press. ...
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  • 2,692
4 votes
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Unresolved paradoxes or puzzles in financial economics

Merger paradox from industrial organization: I believe a fairly good overview is here: Garcia, F, Paz y Miño, JM, Torrens, G. The merger paradox, collusion, and competition policy. J Public Econ ...
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4 votes

Applications of Optimal Transport in Economics

I am very (very) much not familiar with optimal transport, but there are applications in mechanism design. For example, Daskalakis, Deckelbaum & Tzamos (ECTA 2017, "Strong Duality for a ...
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  • 5,090
4 votes
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What are the most used econometric methods in economics?

Regression discontinuity, IV, diff-in-diff, fixed effects, synthetic control, and MLE, and GMM are the major methods. Fixed Effects example - Zou (2021) Fixed Effects and IV example - Benzell and ...
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4 votes

Are there any economic peer-reviewed journals dedicated to, or at least committed to publishing, replication studies?

I am guessing no. But more importantly, I think you might want to contact Jan Höfler of the Replication Wiki? At the bottom of the opening page (of Replication Wiki) we read ...in empirical social ...
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  • 26.7k
4 votes

What are the economic peer-reviewed journals devoted to literature review?

Elsevier has a series of Handbooks in Economics that contain field/topic-specific survey chapters. Sometimes the New Palgrave Dictionary of Economics has entries that are helpful for literature review ...
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  • 14.6k
4 votes
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Are there common alternative models of economic growth, compared to Solow's model

I think that you should start reading the Ramsey–Cass–Koopmans model, where saving choices are made endogenous (whereas in the Solow-Swan model there were exogenous). Then, the milestone literature ...
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  • 100
3 votes

Are there examples of state banks in history?

In Portugal Caixa Geral de Depósitos, is state owned bank.
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  • 2,202
3 votes

Experimental Economics

When I took experimental economics as an undergrad, here are two resources assigned by the course: The Handbook of Experimental Economics - Kagel and Roth Experimental Economics: Rethinking the Rules ...
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