PAS
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2 answers
2 votes
356 views
Using metrics provided by FRED to identify the business cycle
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1 votes

Identifying business cycles or short/medium fluctuations of an economy can be quite hard. In business cycle theory it's pretty common to use the Hodrick-Prescott-Filter to identify short term (...

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3 answers
4 votes
217 views
What are some important mathematics results that were first developed in Economics?
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I would like to add two additional points: The Arrow-Endhoven-Theorem which is clearly based on economic considerations and a stronger version of the Karush-Kuhn-Tucker Theorem (which is not based ...

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2 answers
2 votes
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How to get the percentage-change form of the quantity equation?
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In short the answer is: time - all variables depend on time and what you call "% change in M" is better called "growth rate" For simplicity let's consider only one the right side of the quantity ...

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3 answers
3 votes
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US economy stagnant growth
1 votes

Not necessarily. One has to distinguish between (output - I just assume that you mean output, i. e. gdp) growth and per capita growth. In (very) simple terms: Growth is the result of either ...

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1 answers
-1 votes
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Macroeconomics- money supply LM model
3 votes

In the standard LM Model money supply is a vertical line and money demand is a decreasing function (in the interest rate - money framework). An increase in the money supply curve shifts the supply ...

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