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I wonder if business cycle fluctuations are usually studied in a (New Keynesian) DSGE model, or can they also be studied in a growth model?...
Asked on 11/07/2021
1 answerI recently read in a news article that a large amount of Libyan banknotes printed in Russia were seized in Malta following an order coming from the USA....
Asked on 11/05/2021
4 answerI am trying to solve a Hamiltonian-Jacobi-Bellman equation with additional constraints on the state and control variables, but I am a bit confused on how to do that. In ...
Asked on 11/05/2021
0 answerConsider two random variables (costs and valuations) distributed $vbacksim G(.)$ and$c backsim F(.)$ with pdfs $g(.)$ and $f(.)$. Let the supports of $c$ and...
Asked on 10/05/2021 by carlogambino
1 answerI am working through a linearization example from Colacito and Croce (2011). In the paper the following expression is derived: begin{align}& (v^{i}_{c,t})^{theta}=E_{t}[delta e^{Delta c^{i}_{t+1}theta(1-frac{1}{psi})}(1+v^{i}_{c,t+1})^{theta}]end{align}Then linearizing around...
Asked on 10/05/2021
0 answerhttps://fred.stlouisfed.org/series/ND000334Q From this not seasonally adjusted data, Q2 GDP merely dropped 1-4305/4674=8% QoQ? What makes this number to be so different from the 32.9% decline they published...
Asked on 10/05/2021 by frt132
1 answerIm reading about how Germany used almost any solution To free itself from its WWI debt: hyperinflation, calculating payments on the basis of the economy's potential, rescheduling annuities and finally...
Asked on 10/05/2021
1 answerAs far as I understand, all/majority of loan contracts charge nominal interest rate, there are (almost?) no loan contracts that charge fixed real interest rate. Why is it so? Normally...
Asked on 10/04/2021
1 answerLately I've been thinking about the concept of price setting in market economy. There are various (perhaps naive) view on this such as:The price is always the optimal for the...
Asked on 10/04/2021
2 answerI read Bob Baerker's answer.I'll exemplify with KODK. The NYSE hasExtended Hours: 4:00 pm to 8:00 p.m. ETOpening Session: 4:00...
Asked on 10/03/2021
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