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Economics

Beta Q&A site for those who study, teach, research and apply economics and econometrics

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When will Economics start private beta?

nov 17 '14 at 22:43 Community♦ 1
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Mathjax in private Beta already

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Should normative (economic) questions be allowed?

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Interstack Trade and the Inefficiency of Autarky

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Is Econometrics inside Economics Proposal?

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discuss this proposal

This proposal is now in the Beta phase — example questions are locked!

82 Example Questions

active newest votes
up vote 11 down vote
What are the most prominent approaches for modeling endogenous preferences?
added by user4113 Jan 28 '14 at 18:56
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up vote 10 down vote
Why is a household budget a poor analogy for a national budget?
added by Jason Nichols Nov 6 '13 at 21:35
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up vote 10 down vote
How does per capita GDP relate to individual income?
added by Jason Nichols Nov 6 '13 at 21:36
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up vote 10 down vote
Does economic inequality play a measurable role in the costs of goods and services and if so, how is it measured?
added by Jason Nichols Nov 6 '13 at 21:36
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@Jason Nichols - did you mean how is economic inequality is being measured or how does the interaction between economic inequality and the costs of good and services is being measured? – dof1985 Nov 21 '13 at 14:09
2  
Specifically I was thinking along the lines of causative relations between GINI and cost of goods for things like higher education. The NPV of an education goes up based off the likelihood and magnitude of an earnings differential. – Jason Nichols Nov 21 '13 at 16:09
Also, Veblen goods – Jason Nichols Nov 21 '13 at 16:13
In that case it is a great and very interesting question. However it wasn't so cleared to me that that was your intention – dof1985 Nov 23 '13 at 10:59
Do you have any suggestions on how to edit it to make it more clear? This is a work in progress for me, and I want to make the community succeed. – Jason Nichols Nov 24 '13 at 2:54
show 1 more improvement suggestion
up vote 10 down vote
How does marginal utility of income support progressive taxation as well as a higher minimum wage?
added by Caias Ward Nov 12 '13 at 23:32
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up vote 10 down vote
Why is planned investment and not actual investment a component of aggregate expenditure?
added by zelliott Dec 15 '13 at 2:16
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up vote 10 down vote
What are real world examples of fixed currency exchange rates other than the gold standard?
added by zelliott Dec 15 '13 at 2:22
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up vote 10 down vote
What is the intuition of the "marginal rate of substitution"?
added by raphw Dec 28 '13 at 23:19
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up vote 10 down vote
Does a reduction in consumer spending (in favour of consumer saving) reduce economic activity?
added by dwjohnston Jan 22 '14 at 2:08
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up vote 10 down vote
What evidence is there to support (or not) the Laffer curve?
added by jonrsharpe Feb 1 '14 at 9:26
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up vote 10 down vote
Does the adoption of Inflation targeting help to explain the recent move toward low, stable inflation?
added by Charlie Feb 5 '14 at 15:09
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up vote 10 down vote
What is the difference between external debt and foreign-currency debt?
added by kmccoy, edited by Chad Feb 24 '14 at 22:41
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This question is fully Economics and may be unrelated with politics. It is related with International Economics. – Huseyin Feb 22 '14 at 19:14
I edited teh question to remove the political topic. – Chad Feb 24 '14 at 22:42
up vote 10 down vote
Have any modern economists written about the bailout? What was their analysis of what would have happened if the banks had been allowed to fail?
added by Chad Feb 21 '14 at 19:40
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5  
First, I would be surprised if you found a single economist that has not, at this point in time, written something about the bailout. What would the potential answers even look like? A laundry list of links to various econ blogs? In addition, since the second half of your post deals with a counterfactual, it's unlikely that it would, ultimately, lead to any meaningful economic analysis--just plenty of hot air... – Steve S Feb 27 '14 at 15:23
3  
The question is defined well-enough, except maybe we might want to clarify who an "economist" is. Some bloggers seem to take that title without any formal training. We might want to ask if there has been anything published in peer-reviewed journals on the subject. On the point that the question is dealing with "counterfactuals," economists do this all the time. As a matter of fact, this is usually the very point of economic analysis. – jmbejara Feb 27 '14 at 22:18
@jmbejara - What i was really looking for but the title is limited in the number of characters... a real question is not. – Chad Feb 27 '14 at 22:20
up vote 10 down vote
If time series is tested for Unit Root, (by ADF, PP, KPSS,...) problem is detected with some tests and not found by others. which one is preferred?
added by Huseyin Feb 26 '14 at 7:59
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1  
This question must be tagged as econometrics,unit root – Huseyin Feb 26 '14 at 8:00
3  
This is the type of question that I think will attract the high quality professional experts. – Chad Feb 27 '14 at 22:27
The vast majority of the example questions are related to macroeconomics. Most of them are low quality and politically charged. However, this question is one of the few that I think will attract actual economists. Relevant, interesting, and above 101-level classes. – Fael May 22 '14 at 8:52
up vote 10 down vote
How do food stamps affect out-of-pocket food spending and overall food expenditures?
added by Dan C Feb 26 '14 at 17:37
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2  
Are you fishing for people to do a Lit Review for you? Sounds more like the basis for a Paper than a question. – Tony Mar 7 '14 at 16:31
up vote 10 down vote
Why do economist use rational agents in their models?
added by Soccerman Feb 28 '14 at 13:24
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Fascinating question, but good answers are too easy to find for it to be a good question on Stack Exchange: "Economists often assume the models of rational choice theory and bounded rationality to formalize and predict the behavior of individuals and firms." – BobStein-VisiBone Mar 6 '14 at 15:55
There are other reasons to use rational models, prediction with rational behaviour is probably not a very good one. – Soccerman Mar 7 '14 at 8:56
Useful question but the use of the rational agent assumption is kinda tautological (at least in my experience). While I'm not downvoting since this is important, I also wouldn't want to see too much "emphasis" on this sort of thing (though it well might just be me and the "upbringing" I've had in terms of economics). – Maroon May 16 '14 at 18:51
up vote 10 down vote
Why in the Ramsey-Cass-Koopmans Model, the infinitely lived household would not find optimal saving more to reach the golden rule capital threshold?
added by Charlie Mar 3 '14 at 18:29
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up vote 10 down vote
Why can't indifference curves cross?
added by Kenny LJ Mar 11 '14 at 17:36
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up vote 10 down vote
What does the World Bank extreme poverty line of $1.25/day (PPP, 2005 US prices) mean?
added by Kenny LJ Mar 28 '14 at 23:39
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up vote 9 down vote
What's factor has affect with Capital stock rise and fall?
added by Codename Doitnows Nov 14 '13 at 12:28
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6  
If you're going to close vote, please add a comment so the OP can improve. – Jason Nichols Nov 24 '13 at 2:55
1  
Perhaps the question could be restated as "What factors have an effect on the rise and fall of capital stock?" Is this correct? – jmbejara Mar 2 '14 at 23:37
up vote 9 down vote
Why is capital income taxed differently than wage income? There are perhaps historical, philosophical, and theoretical reasons. What are they?
added by jmbejara Nov 21 '13 at 7:51
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up vote 9 down vote
What flaws does Solow's growth model has relating to increasing environmental pressure and depletion of natural capital?
added by dof1985 Nov 21 '13 at 14:07
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up vote 9 down vote
What's the difference between the original Aggregate Supply curve and the Lucas Aggregate Supply curve?
added by Luigi Dec 4 '13 at 13:05
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up vote 9 down vote
In general, what factors determine the interest rate and why? Aggregate endowments, time preference, growth, risk, technology, net exports, etc....
added by jmbejara Dec 5 '13 at 20:28
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up vote 9 down vote
How are economic theories applied outside of financial contexts?
added by curiousdannii Jan 15 '14 at 3:21
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up vote 9 down vote
What is the difference between Balance of Payment and Balance of Trade and how do they affect economic development?
added by Tijesunimi Feb 10 '14 at 21:17
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up vote 9 down vote
How is goverment debt different from corporate debt?
added by Soccerman Feb 17 '14 at 12:49
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up vote 9 down vote
If I wanted to study rising inequality, where could I find data to analyze household income over time?
added by jmbejara Feb 23 '14 at 0:16
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up vote 9 down vote
Where does the theoretical concept of a liquidity constraint come into conflict with "the real world" ? From a normal person's perspective.
added by Soccerman Feb 28 '14 at 13:21
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up vote 9 down vote
What is Ricardian Equivalence?
added by Kenny LJ Mar 11 '14 at 17:38
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up vote 9 down vote
Is price discrimination always harmful for consumers?
added by Ubiquitous May 20 '14 at 15:32
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up vote 8 down vote
What is Induced Economic Effect?
added by Caias Ward Nov 7 '13 at 15:12
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up vote 8 down vote
How does Balance of Payment affect the standard of living of a country?
added by Tijesunimi Nov 12 '13 at 9:15
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up vote 8 down vote
What is "velocity of money"?
added by JoeTaxpayer Nov 18 '13 at 1:33
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4  
I have the impression that questions of the form "What is [phrase already on Wikipedia]" don't belong on Stack Exchange sites. en.wikipedia.org/wiki/Velocity_of_money – BobStein-VisiBone Mar 6 '14 at 16:07
I agree with you 100%. Currently, Money.SE still accepts a stream of "Wikipedia says xxxx, can you explain it better/more/why?" I'd be happy for a site to shut those down as OT. – JoeTaxpayer Mar 7 '14 at 0:20
up vote 8 down vote
What is the intuition behind the Golosov-Tsyvinski result of positive, non-zero optimal capital taxation?
added by jmbejara Nov 21 '13 at 7:46
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up vote 8 down vote
What limitations does the Gini index have to measure economic inequality and what other indices can compensate over them?
added by dof1985 Nov 23 '13 at 10:57
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up vote 8 down vote
How does Budget deficit help control Inflation?
added by Tijesunimi Feb 25 '14 at 15:21
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up vote 8 down vote
How can one model the effects of inflation on GNP? Assuming you have panel data for several countries.
added by Soccerman Mar 3 '14 at 9:27
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up vote 8 down vote
Is it more realistic for firms to do Bertrand competition or Cournot competition?
added by Lex Apr 13 '14 at 22:53
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up vote 7 down vote
What is the "price elasticity of demand", and how is it measured?
added by Jason Nichols Nov 6 '13 at 21:37
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