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"Had a question on a mid-term paper yesterday (now submitted). One question stumped me a little bit. In particular the "interior Pareto-efficient allocation" part stumped me (I'll explain how I...
Asked on 12/06/2020 by hello1994
0 answerI know commercial banks need to meet liquidity requirements, but why would they choose to invest their money in an instrument that is guaranteed to give them a negative return,...
Asked on 12/05/2020 by andresp
1 answerTwo consumers have the CES utility function $x_1^beta +x_2^beta$, for $0<beta<1$, their initial endowments are $w^1=(1,0)$, $w^2=(0,1)$ Draw the Core of this economy in an Edgeworth...
Asked on 12/05/2020 by Ana Ellis
1 answerI'm currently writing a paper on China in Africa and I'd like to compare Africas Exports to China with its exports to Europe and the USA. More specifically I'd like...
Asked on 12/04/2020 by fefe93
2 answerIt sounds like a dumb question, but there is only so much money in the world. Assets can grow, but money can only be printed. So if there is 400...
Asked on 12/03/2020 by Will Kanga
6 answerI'm trying to estimate what the "necessary" economic output of a society is using Leontief input-output impact analysis. The data I have available is OECD input-output tables (see ...
Asked on 12/03/2020 by thecpaptain
1 answerhttps://ocw.mit.edu/courses/economics/14-03-microeconomic-theory-and-public-policy-fall-2016/lecture-notes/MIT14_03F16_lec20.pdf This may be a reach asking on this platform, however does anyone know which textbook may contain or expand upon the derivation in chapter 2 of...
Asked on 12/02/2020 by DGD_987
0 answerIn considering whether to stay open or shut down in the short run, a firm compares its revenues to its “avoidable costs”. We usually think of these avoidable costs as...
Asked on 12/01/2020 by K Carroll
1 answerActivity analysis was a thriving research area in the 1940's and 1950's. It was fruitful enough to earn the Nobel prize for Tjalling Koopmans. But it seems to have been...
Asked on 12/01/2020 by Patricio
1 answerAt a the break-even rate of inflation, the semi-annual interest payments from a TIPS and a normal government bond would be roughly equivalent. However, the principal amount originally invested in...
Asked on 11/30/2020
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