NominalNews

8 ms·

1.
Economists and Non-Economists Talk Past Each Other(nominalnews.com)
1 points by NominalNews 2y ago|1 comments
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Predictably Bad Investments: Evidence from Venture Capitalists(papers.ssrn.com)
43 points by NominalNews 2y ago|6 comments
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by NominalNews 2y ago
"Are early stage investors and venture capitalists better than an algorithm? This paper suggests that the answer to that question is ‘no’. Although venture capitalists outperform the broad stock market quite significantly, most of this
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The Creativity Decline: Evidence from US Patents(papers.ssrn.com)
2 points by NominalNews 2y ago|1 comments
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by NominalNews 2y ago
In the FTC non-compete discussion, a lot of emphasis is put on how to measure creativity. Here's a paper proposing an interesting text mining based method. Dropbox link to article - https://www.dropbox.com/scl/fi&#
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by NominalNews 2y ago
Without opining on the validity of the overall patent count as a measure of creativity, here's a cool paper I saw describing how to determine 'creative patents' - https://raw.githubusercontent.com/aakashkalyan
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by NominalNews 2y ago
Ironically, it hurts their business overall (unless control of employees is something they intrinsically value).
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by NominalNews 2y ago
One of the best decisions made. Non-competes are harmful and the problem they claim to solve can be resolved in other ways. Why economists are so critical of non-competes - https://www.nominalnews.com/p/to-compete-or-no
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by NominalNews 2y ago
Why economists are so critical of non-competes - https://www.nominalnews.com/p/to-compete-or-non-compete
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by NominalNews 2y ago
One of the best decisions made. Non-competes are harmful and the problem they claim to solve can be resolved in other ways.
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Antitrust Cases and Economic Impacts(nominalnews.com)
2 points by NominalNews 3y ago|0 comments
12.
by NominalNews 3y ago
Hi! Author here. This was actually my second article on wages and inflation (the first one can be found on my site - Dec 4, 2022 - Wages and Inflation). In that one I tackled the generalizability of the result, especially to the US economy.
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by NominalNews 3y ago
Hi! Author here! You are correct - that we have real wage growth. However, it is worth nothing that productivity has gone up 3-4% over the last several quarters (see FRED data). Wages should grow by this amount in real terms at least. That&
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by NominalNews 3y ago
Hi! Author here! - I think I agree with the general point you're making. To elaborate: I've actually written about the underlying inflation mechanism (May 10, 2023 - (Un)intuitive Inflation). The main model used by central banks
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by NominalNews 3y ago
Hi! Author here. Yes - this is a stereotype and it is unfortunate it exists (to some extent I think the blame should be placed on the profession that doesn't speak up). Good economics, whether theoretical or empirical models, should al
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by NominalNews 3y ago
Hi! Author here. This was actually my second article on wages and inflation (the first one can be found on my site - Dec 4, 2022 - Wages and Inflation). The main theoretical work behind this actually work done by Oliver Blanchard (1985). Fr
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'Your pay is still – not – going up too fast'(nominalnews.com)
82 points by NominalNews 3y ago|124 comments
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by NominalNews 3y ago
Work from Home is receiving significant media push back due to several recent studies. But the conclusion The Economist magazine drew from them is simply wrong.
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by NominalNews 4y ago
We hear a lot about GDP - but what exactly is it and should we pay much attention to it?
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by NominalNews 4y ago
Inflation has skyrocketed globally in the last year. Besides commodities and energy, a lot of emphasis has been put on wages. To what extent do wages impact inflation?