Economic Logic

There is Economics in everything

Tuesday, August 11, 2020

I am still alive

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I logged in for the first time in years. I am surprised by the sustained traffic this blog is still getting after all those years, and this ...
7 comments:
Wednesday, April 2, 2014

Not dead yet

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Sorry for not posting, but I just cannot find the time and will to do so at the moment. And to be frank, I have seen rather little research ...
15 comments:
Tuesday, March 4, 2014

A long silence

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It is now over a month that I have not posted on this blog. Sorry, I am very busy and I have to focus on my day job while juggling with my p...
Friday, January 31, 2014

A debt-free stimulus?

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Economies may need to be stimulated sometimes, through tax reductions or public expenditures. The problem is that this costs. Opposition to ...
8 comments:
Thursday, January 30, 2014

Capitalism's rapture

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Economics is based on a small set of very powerful axioms that a the foundation of utility theory, general equilibrium theory, and more. Exp...
8 comments:
Wednesday, January 29, 2014

The best justification for IS-LM?

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IS-LM models have always left me puzzled. To me, they are the equivalent to a reduced-form regression with omitted variables and endogeneity...
4 comments:
Tuesday, January 28, 2014

Ageing and deflation in Japan

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Inflation rates across industrialized economies have been remarkably low in the past decades, and at the same time these economies have been...
Monday, January 27, 2014

Tax refunds and myopia

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From anecdotal evidence, it appears that many Americans like to use the refund from their yearly tax filing for various home improvement pro...
1 comment:
Friday, January 24, 2014

Exchange rate commitment always beats capital controls

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The recent financial crisis has scared a lot of countries into adopting so called macro-prudential policies that introduce frictions into ca...
1 comment:
Thursday, January 23, 2014

Why firms do not like cutting wages

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Nominal wage downward rigidity is a feature of many macro-models that help justify positive optimal inflation rates. In fact, that is pretty...
1 comment:
Wednesday, January 22, 2014

Taxing banks does not tame them

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During the last financial crisis, it was quite obvious that at least some banks were taking excessive risks. What do economists usually advo...
Tuesday, January 21, 2014

Consumption taxation is not that regressive

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It is a fact of life that governments need revenue. How to get this revenue without hurting the economy too much has been the topic of much ...
1 comment:
Monday, January 20, 2014

Uncertain times and price setting

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Much has been written, including here, about how policy uncertainty is bad for business. Firms do not want to invest much when it is not cle...
Saturday, January 18, 2014

Economic Logic, Too is posting

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The companion blog, Economic Logic, Too that was created last December has started posting. This blog features similar posts to Economic Lo...
2 comments:
Friday, January 17, 2014

Are NBA coaches behavioral or neoclassical?

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Snnk cost do not matter once spent. Yet, we just cannot help thinking that if we already paid so much for something, we should rather use it...
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About Me

Economic Logician
I discuss recent research in Economics and various events from an economic perspective, as the name of the blog indicates. I plan on adding posts approximately every workday, with some exceptions, for example when I travel.
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