In today's article, we will continue the discussion of Professor N. Gregory Mankiw’s economics principles. The title of today’s principle is "Rational People Think at the Margin." It is not hard to anticipate that the focus in the title is “margin.” If you look at the definition of...
Economics is a way to observe the real world. In this MOOC course, Prof. YU Weihua and his colleagues will guide students to look at the world from the economic perspective with vivid and humorous language and real economic stories. In ten or twenty years’ time, students may forget the ...
The first one, it might have been a LAM in the broader definition, but as technology it was expressed as testing software that was moving in an automated way through these interfaces. You weren’t actually understanding the interfaces. You were able to just navigate them. Be...
We indicate nexus patent boxes and patent havens according to the definition stated above. With the exception of the Irish patent box (implemented in 1973), all regimes were implemented during the sample period. For most of them (Belgium, Hungary, Luxembourg, Malta, the Netherlands, Spain), ...
The first one, it might have been a LAM in the broader definition, but as technology it was expressed as testing software that was moving in an automated way through these interfaces. You weren’t actually understanding the interfaces. You were able to just navigate them. Because that’s pre...
(s)”. Yes, like everything else, nothing is carved in stone and ongoing evolution is a part of life. Yet, it is obvious that change is slow and there are many reasons for it. Well, there is one main reason actually: the economics of food production. Money is always what makes or...
economics for their customers. If a publisher doesn’t have video infrastructure technology – Connatix provides a full-stack solution that can be implemented easily and renders all content natively. If a publisher has none of the above – no problem, Connatix’s end-to-end solution can ...
Additionally, I am an instructor for “The Financial System” (modern Money and Banking) at the Economics Department of NYU Stern. Beyond teaching, I lead the “Market Microstructure” Project, where I analyze research from major financial institutions, monitor shifts in financial market structures,...
The thought that the Fed owns all the Treasuries right now is absurd. What is not absurd is that the Fed has been the largest single buyer of Treasuries in recent years. The whole flow versus stock argument. For now, at the margin the Fed is the most important player at the table, bu...
And by definition, home-omorphism happens with one-to-one correspondence! How much better could it get? What do you do, the polite stranger in the market would ask – oh, we’re heavily into homeomorphism, I would say, our facial expressions and body language transforming continuously and ...