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From this dicussion, the commentor saidLastly, firm fixed effects may absorb more variation and likelyreduced the size of their standard errors.In practice, I also mainly see that the...
Asked on 08/16/2021
1 answerIn a clear and comprehensive blog post, Tejvan Pettinger describes economics problems. He starts by making brief considerations on scarcity, enumerates the fundamental economic problems (what/how much...
Asked on 08/16/2021 by Humberto Fioravante Ferro
3 answerI'm trying to understand the basis of this claimAs the main mode of transaction in the world's second biggest economy, China's currency should be a natural contender...
Asked on 08/15/2021
2 answerThe M1 money supply of the U.S. dollar is released monthly. But how often does the Federal Reserve or treasury add/remove a new dollar or a new penny? By second,...
Asked on 08/15/2021
1 answerI was reading the paper "Housing Constraints and Spatial Misallocation"by Chang-Tai Hsieh and Enrico Moretti. First they define the utility function $$ V_{ji}=varepsilon_{ji}frac{W_{i}Z_{i}}{P_{i}^beta},$$...
Asked on 08/14/2021 by hbkn
1 answerUniform price and discriminatory price double auctions are the most commonly used auction mechanisms in the trading markets especially in peer-to-peer energy trading markets. However, I could not find which...
Asked on 08/14/2021 by Coding Owl
1 answerI am a total beginner to this, but from the few online videos about how (practical) trading works, I understand that when buyers dominate the market the prices go up...
Asked on 08/13/2021
2 answerIs there a good data source that aggregates the MPCs of various countries? Thanks....
Asked on 08/13/2021 by june18
1 answerWe know that market power in general leads inefficient outcomes (in terms of Pareto efficiency). This makes instinctive appeal as, for example, a powerful seller who has a lot of...
Asked on 08/12/2021
1 answerI'm struggling to find a macroeconomic index which embodies the cost to run an average production plan. My problem is that I wanted to divide the annual average cost...
Asked on 08/12/2021 by Marco Repetto
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