Top new questions this week:
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Is it true that “Companies with diverse workforces outperform those with homogenous teams”? That’s what TrendsWatching says anyway. And is it “diverse workforce” or “workforce …
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If the demand for money is the total amount of money that people want, then wouldn’t it just be infinite, considering people want as much money as they can get? I also don’t get why when people’s …
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Does a mechanical set of rules or algorithm exist for doing forward induction on a game tree, or is it an “every problem is too unique and requires its own reasoning” type of situation? I …
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For an analogy, if I just want a loaf of bread and all I have to trade is my car or any other valuable thing.
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I’m a little confused about the distinction between open market operations of a central bank and quantitative easing/tightening. My textbook essentially defines both as instances where the central …
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I don’t understand the current economic situation. The savings rate is at a long-time low. Something like 30% of Americans failed to pay mortgage or rent in June, inflation is signficantly increasing …
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In a quote in this report in the Daily Express Jacob Rees-Mogg asserts that: Cutting corporation tax from 28 percent down to 19 percent led to about a 50 percent increase in corporation tax revenues …
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Greatest hits from previous weeks:
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I don’t understand why the price of oil futures went negative today. News say it is because sellers cannot sell it. But, why don’t they just hoard it until the coronavirus crisis is off? Why don’t …
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I 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. Both Russia and the USA have geostrategic …
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I have been asked a question and believe there is a mistake in the problem. I have been given a table of values, Quantity and corresponding Total cost. From those numbers I can easily calculate the …
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In 1960, the physicist Eugene Wigner wrote the article “The Unreasonable Effectiveness of Mathematics in the Natural Sciences” explaining how unexpected it is that mathematical formalism can …
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When deriving the substitution effect for both Slutskian and Hicksian definitions, a ‘phantom’ budget line is drawn.However, for a Slutskian definition, the ‘phantom’ budget line is drawn parallel to …
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I presume it’s because they’re price makers, but this doesn’t really answer much. Furethermore, in a monopoly is it Marginal Cost or Long run marginal cost that’s horizontal?
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GDP is a measure of a country’s production. $$GDP = C + I + G + X_n$$ $C$ = Consumer Consumption $I$ = Gross Investment $G$ = Government Expenditures $X_n$ = Exports – Imports Exports are what we …
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Can you answer these questions?
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My understanding is that fixed effects and first differences are numerically equivalent when $T = 2$ (i.e. we have a panel dataset with two time periods). When I checked this with an example, it …
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There is an old paper about the risk of hedge fund strategies that it gathers its focus in the trend followers. This is the Fung and Hsieh (2001) paper. $\textbf{Definition of Trend Followers (TFs):}$ …
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I am estimating two different regression equations with two separate dependent variables. Each dependent variable has its own unique control variables, but they also share a similar regressor Ht. …
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