I am interested in critiquing my understanding of the simplest SIR epidemiological model and also praising a critique of an effort to extend the model and guide policy developed by…

…here in which the state is constant. The model is an overlapping generations model — the young work and get a wage W_t. They consume C_t^y and buy the bonds…

…care (a whole lot) about its price. It is absolutely possible to model this using an OLG model (the same sort of model as in Debt and Taxes II). The…

In my lifetime, I’ve seen plenty of changes. The business model for recorded music (LPs, 8-tracks, cassettes, CDs, streaming), the business model for movies (theaters, Blockbuster, online), the business model…

…about the specific conclusions…. In [Becker’s] first model only owner/managers have a dislike towards workers from a particular group. That, my friends, is the model from which the above conclusion…

…to know that there is a vaguely Keynesian model, which differs from the neoclassical model only because of rigid nominal wages and prices, in which the economy can be in…

…of the current crisis is fresh and not when the crisis is over and the seat belts are working again. Another good angle on models and validation. Incentives count too….

…be that it is an advance on a formal new Keynesian model ? Can it be that ordinary chit chat is like formal economic modelling except more sophisticated ? Do…

…vague and essentially appeal to the judgment of appointed experts. I conclude that, if NAWRU is modelled as an indirectly observed state, it should be modelled as a first order…

…research focuses on employment, earnings, job quality, and worker power. Waffle House Strike Highlights the Harms of the Southern Economic Development Model In March, workers at the Waffle House in…