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Brendan's interesting additional economic links :)

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brendan:
"you know you are an economist if you think that "supply and demand" is a good answer to the question, "Where do babies come from?""

It is quite true.

http://economics.com.au/?p=213
"Born (Again) on the First of July: Another Experiment in Birth Timing"
http://econrsss.anu.edu.au/~aleigh/pdf/BabyBonusSequel.pdf

AppleXY:
Good Work Bredan, you sure could be one talented economist. ;)

Sticked.

brendan:
Thanks.

The dead weight loss of Halloween - http://www.aei.org/publications/pubID.25073,filter.all/pub_detail.asp

Trick or treat anyone?

brendan:
Lutz Kilian, "The Economic Effects of Energy Price Shocks", University of Michigan and CEPR, October 28, 2007
http://www-personal.umich.edu/~lkilian/jel102807r1.pdf


--- Quote ---Large fluctuations in energy prices have been a distinguishing characteristic of the U.S. economy since the 1970s. Turmoil in the Middle East, rising energy prices in the U.S. and evidence of global warming recently have reignited interest in the link between energy prices and economic performance. This paper addresses a number of the key issues in this debate: What are energy price shocks and where do they come from? How responsive is energy demand to changes in energy prices? How do consumers? expenditure patterns evolve in response to energy price shocks? How do energy price shocks affect real output, inflation, stock markets and the balance-of-payments? Why do energy price increases seem to cause recessions, but energy price decreases do not seem to cause expansions? Why has there been a surge in gasoline
prices in recent years? Why has this new energy price shock not caused a recession so far? Have the effects of energy price shocks waned since the 1980s and, if so, why?'
--- End quote ---


Olivier J. Blanchard and Jordi Gali, "The Macroeconomic Effects of Oil Shocks: Why are the 2000s So Different from the 1970s?" August 18, 2007
http://www.crei.cat/people/gali/pdf_files/bgoil07wp.pdf


--- Quote ---We characterize the macroeconomic performance of a set of industrialized economies in the aftermath of the oil price shocks of the 1970s and of the last decade, focusing on the differences across episodes. We examine four different hypotheses for the mild effects on infation and economic activity of the recent increase in the price of oil: (a) good luck (i.e. lack of concurrent adverse shocks), (b) smaller share of oil in production, (c) more flexible labor markets, and (d) improvements in monetary policy. We conclude that all four have played an important role.
--- End quote ---

Collin Li:

--- Quote from: "brendan" ---I'll start off with the dead weight loss of Christmas - that's right Christmas.

http://graphics8.nytimes.com/images/blogs/freakonomics/pdf/WaldfogelDeadweightLossXmas.pdf
--- End quote ---


? brendan ; says (21:18):
there is a DWL from xmas
? brendan ; says (21:18):
cos ppl buy stuff
? brendan ; says (21:18):
they dont need
? brendan ; says (21:18):
and waste it
collin says (21:20):
nice
collin says (21:20):
tru
collin says (21:20):
lol
collin says (21:20):
teresa, i'm not buying a xmas present for u
collin says (21:20):
i rkn it'll be better for the economy
collin says (21:20):
she'll be like :@
collin says (21:20):
i'll be like: it's for the greater good!
collin says (21:20):
hahaha
? brendan ; says (21:20):
LOL
collin says (21:21):
or even better
collin says (21:21):
wrap up an empty box
collin says (21:21):
and in the card, explain the economic benefit
collin says (21:21):
australia received

DWL stands for dead-weight loss: economic jargon for an economic cost that implies inefficiency.

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