Economic Logic

There is Economics in everything

Thursday, June 30, 2011

Do not waste degrees of freedom with macro data

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Dealing with microdata is relatively easy, as you have plenty of data points and can freely add explanatory variables with running the risk ...
Wednesday, June 29, 2011

Venezuela's downfall

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Venezuela was once the poster child in Latin America on how to do well (the opposite being Argentina), growing richer than European economie...
Tuesday, June 28, 2011

Energy spending and household poverty

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There is broad agreement that energy, especially polluting energy, is too cheap, calling for higher energy taxes. The problem is that such t...
Monday, June 27, 2011

Education for gifted students: all for nothing?

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Not every kid progress at the same pace through school, this is why some occasionally need to repeat their grade. How to handle gifted child...
Saturday, June 25, 2011

About the bastardization of news

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Earlier this week, I have has the "opportunity" to spend significant time in a US hotel room. The town being of little interest, I...
2 comments:
Friday, June 24, 2011

Property rights and natural resources

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It is a firmly established conventional wisdom that natural resources are best preserved when there are well established property rights. It...
Thursday, June 23, 2011

What is a sticky price?

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An amazing amount of scholarly effort is devoted to figuring out optimal stabilization policies in developed economies. I am not convinced t...
1 comment:
Wednesday, June 22, 2011

The marital college premium

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There are a lot of good reasons to marry an educated partner. Among them is that his/her income is higher, and theory has consistently point...
Tuesday, June 21, 2011

Inattention and bank overdrafts

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It happens to everyone: you are not careful and despite having sufficient funds, your checking account is drying up at the wrong moment and ...
Monday, June 20, 2011

Mission drift in microfinance?

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Microfinance is based on a very simple principle. The poorest can only improve if they invest, and very small loans may be sufficient to get...
Friday, June 17, 2011

Socialist economies smooth better the cycle

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Capitalism is often presented as a wild economic system where conditions are harsh as everyone fights for his survival. The fact that econom...
1 comment:
Thursday, June 16, 2011

The daycare assignment problem

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Assigning people with heterogeneous preference to medical residency, schools, job candidates or marital partners is a difficult problem, and...
Wednesday, June 15, 2011

The economic behavior of bees

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I find it fascinating that there is also plenty of Economics in the animal kingdom. Two recent papers about bees just caught my attention. A...
Tuesday, June 14, 2011

Economic education and opinions about free markets

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Public opinion about economic policy in France and the United States are very contrasted. In France, free markets are viewed very suspicious...
Monday, June 13, 2011

The pitfalls of $1 CEO salaries

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CEO how agree to be paid no salary, or a minimal one, are viewed as heroes in media and the public. But in all the cases I know off, they ar...
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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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