Im so glad this was helpful thank you for leaving a comment!
@CrazySnake985 күн бұрын
Thanks, very helpful videos :)
@InCaseofEconStruggles5 күн бұрын
I’m really glad the video was helpful and the comment is really helpful so more people find these videos! Thank you!
@ethannidam20626 күн бұрын
at 3:01 why is it that you representing n as 30, did you make a mistake and it should be 30 ?
@InCaseofEconStruggles6 күн бұрын
It should match the prior video on NPV sorry about that
@JackStockfish-t9k7 күн бұрын
thank you so much. Really helped.
@InCaseofEconStruggles6 күн бұрын
I’m really glad this was helpful and I appreciate you leaving a comment!
@alicerrias55599 күн бұрын
very useful! Thank you so much for the wonderful video!
@InCaseofEconStruggles8 күн бұрын
I’m really glad it was useful thank you so much for the comment!
@michael.cfa79 күн бұрын
Thank you so much!
@InCaseofEconStruggles8 күн бұрын
I’m glad it was helpful and thank you for leaving a comment!
@soon646410 күн бұрын
question: old bundle (24,40), new bundle (20,60) old price (50,20), new price (80,25) chosen: old bundle+old price , new bundle+new price is there violation of warp in this question? because old price+new bundle was unaffordable so it wasn't chosen, but new price+old bundle is now affordable
@InCaseofEconStruggles9 күн бұрын
Based on those prices we would assume that the money you had to spend increases from the old period to the new period because the new bundle at the new prices costs more than the old bundle at the old prices exactly as you point out so this is not a warp violation. Good question though!
@soon64649 күн бұрын
@ thanks it helps a lot😁
@InCaseofEconStruggles9 күн бұрын
Awesome I’m glad that helped!
@bob4billion69810 күн бұрын
terrible explanation
@InCaseofEconStruggles9 күн бұрын
I’m sorry to hear this wasn’t helpful. Was there anything in particular that was confusing or you wish was explained better or just overall didn’t help you that much?
@TommysLabHours22 күн бұрын
Every modern masters/phd macro professor should skip their lectures on Bellmans and link to this video instead! so clear and concise, thank you!
@InCaseofEconStruggles22 күн бұрын
I’m really glad you found this helpful! Feel free to share this video and my channel with classmates or other professors as resources for students!
@bap824723 күн бұрын
Hello! When I solve for q1* I get (a-c)/3b, could you clarify this please?
@InCaseofEconStruggles23 күн бұрын
Let me double check my math and get back to you. In the meantime does the conceptual aspect make sense or is that also something you’re unsure about?
@InCaseofEconStruggles22 күн бұрын
Could you clarify where in your math we don’t align so I can better help you?
@chinhhoang45423 күн бұрын
This keeps getting better and better. Thank you so much and please keep up!
@InCaseofEconStruggles23 күн бұрын
I’m glad it’s helpful please feel free to share with others in your program!
@chinhhoang45424 күн бұрын
Thank you! this helps me a lot as a 1st year PhD student
@InCaseofEconStruggles24 күн бұрын
I’m so glad this was helpful and thank you so much for leaving a comment!
@HenryMorfit29 күн бұрын
Saving my ass for my quiz tomorrow for my econ class at princeton
@InCaseofEconStruggles28 күн бұрын
I’m glad you found these videos helpful and I appreciate you leaving a comment!
@ljubennajdovski9267Ай бұрын
Thank you king!
@InCaseofEconStruggles29 күн бұрын
Thank you for the comment I’m glad it was helpful!
@FZS309Ай бұрын
Requesting a video lesson on Computable General Equilibrium
@InCaseofEconStrugglesАй бұрын
I’ll add it to my list! Thanks for the suggestion/request!
@DreamcloseАй бұрын
Okay i like it
@InCaseofEconStrugglesАй бұрын
Thank you for the comment I appreciate it and I’m glad this video was helpful!
@DrakeAdams-ni2zdАй бұрын
Your graphical depiction of the substitution effect is wrong. The substitution effect records changes in relative prices and how that affects the cheapest bundle which reaches the same original utility. Because relative prices are changing, the slope of budget constraint should change. Because we we want to be at the same utility, the budget constraint should be shifted to be tangent with the original indifference curve. Substitution effect is concerned with expenditure minimization at a certain utility and prices. The income effect, on the other hand, records how the optimal bundle changes with changes in real income / wealth. While this could be changes in relative prices, it could also be proportional changes in prices. If we want to isolate income effect though, we focus only on proportional changes in prices. Graphically the income effect shows how making any change to the budget line (slope or parallel shift) affects the utility maximizing bundle (therefore utility can change therefore we can intersect a difference indifference curve). Income effect is concerned with utility maximization at a certain wealth and prices.
@InCaseofEconStrugglesАй бұрын
I agree with your written description of the substitution versus income effect and how they should be depicted on this graph, and agree I don't make that clear in the video. Thank you for catching that! I have pinned your comment so that others can read this until I can upload an updated video where I make sure my explanation is clear and correct. Thank you again for pointing this out!
@carrie-xi5kwАй бұрын
Brilliant, clear, and applicable explanation. Thank you!!
@InCaseofEconStrugglesАй бұрын
I’m so glad this was helpful thank you for leaving a comment!
@lucasdallaverde9009Ай бұрын
Great video!!!
@InCaseofEconStrugglesАй бұрын
Thank you so much I’m glad this is helpful!
@BrownConnorАй бұрын
explain better than my professor!
@InCaseofEconStrugglesАй бұрын
I am glad this was helpful and I appreciate you leaving a comment!
@jimekxАй бұрын
I'm not an econ student but i came across the term while trying to read a paper and you made it real easy to understand, thank you!
@InCaseofEconStrugglesАй бұрын
I’m glad this was helpful for you and I really appreciate you leaving a comment, thank you!
@wosiknatalia4469Ай бұрын
Sooo helpful, thank you!
@InCaseofEconStrugglesАй бұрын
I’m glad it was helpful thank you for leaving a comment!
@wanokuni5548Ай бұрын
How do we know that F H A E C G were affordable initially?
@InCaseofEconStrugglesАй бұрын
That is exactly the issue! I posted an updated warp video (it’s currently the newest video) and I will drop a link below where I corrected that error. Im glad you were able to see that
@InCaseofEconStrugglesАй бұрын
Here is the updated version: kzbin.info/www/bejne/oZnTnZ58nKmkqq8
@wanokuni5548Ай бұрын
@@InCaseofEconStruggles Thank you for the clarification
@juanmanuellunalopez6956Ай бұрын
This is great, thanks!
@InCaseofEconStrugglesАй бұрын
I’m glad this was helpful thank you for leaving a comment
@prachiagarwal5674Ай бұрын
Thank you, this is quite useful !
@InCaseofEconStrugglesАй бұрын
I’m glad this was helpful thank you for leaving a comment!
@lipcaАй бұрын
u are godsent
@InCaseofEconStrugglesАй бұрын
I’m glad it was helpful and thank you for leaving a comment!
@ChengxuanLi-z3eАй бұрын
best explanation even in the whole KZbin
@InCaseofEconStrugglesАй бұрын
Thank you so much I’m glad this is helpful! Feel free to share with classmates and I appreciate the comment!
@safwanalsulami7967Ай бұрын
Your videos are amazing. If you can show us how to make unit root tests table for time series and export it to Latex 🙏
@InCaseofEconStrugglesАй бұрын
Did you have a particular unit root test in mind?
@safwanalsulami7967Ай бұрын
@@InCaseofEconStruggles ADF test, PP test, and Agumnted Dickey-Fuller test tests.
@InCaseofEconStrugglesАй бұрын
I’ll start with the Augmented DF and then if that same type of code doesn’t work I can do other ones
@safwanalsulami7967Ай бұрын
@@InCaseofEconStruggles thank you very much. I remember that we can do all of them in one command.
@InCaseofEconStrugglesАй бұрын
I would definitely know how to add those statistics as scalars to the regression output if that’s what you were thinking
@Adonisacademy_afiliate2 ай бұрын
Very informative 👍
@InCaseofEconStruggles2 ай бұрын
I’m glad it was helpful!
@zhueva66122 ай бұрын
Hi, Can I ask how to add table description before the table. For example, you add note to the bottom of the table, is there a way I could add before? Thanks!
@InCaseofEconStruggles2 ай бұрын
Do you mean add a note to the table in the stata code or like define it before the add note command?
@zhueva6612Ай бұрын
@@InCaseofEconStruggles add a note to the table in Stata before the table output. For example, in the paper, we don't just put out the table, we often a table description like: This table presents xxx
@InCaseofEconStrugglesАй бұрын
Oh I see I think that is best to do in latex like that is language you want to change more often than the table and that’s part of writing the paper more than the table
@InCaseofEconStrugglesАй бұрын
There are ways in latex to reference the table number automatically
@zhueva6612Ай бұрын
@@InCaseofEconStruggles yes yes you are right, then I will stick to my note added in latex. Thank you for your help and time!
@samir5402 ай бұрын
Thank you!
@InCaseofEconStruggles2 ай бұрын
I’m glad this was helpful thank you for the comments!
@LakshimiSwaminathan-yv8re2 ай бұрын
I want to tell you that you made such an esoteric concept seem so simple to understand! Thanks so much!
@InCaseofEconStruggles2 ай бұрын
I’m so glad this was helpful thanks for leaving a comment!
@ioasisss2 ай бұрын
I'm strugging first year PhD micro and you are saving my life
@InCaseofEconStruggles2 ай бұрын
I’m so glad this is helping you!
@hananalbakri-o5d2 ай бұрын
thank you
@InCaseofEconStruggles2 ай бұрын
Thanks for leaving a comment I’m glad it was helpful!
@shangyigao2 ай бұрын
very clear!
@InCaseofEconStruggles2 ай бұрын
I’m glad it was helpful thank you for leaving a comment!
@tajinderpalmultani47322 ай бұрын
Great video, thank you !
@InCaseofEconStruggles2 ай бұрын
I’m so glad it was helpful thank you for leaving the comment!
@gaiagaudenzi64942 ай бұрын
isn't x*_2=w/2p_2?
@InCaseofEconStruggles2 ай бұрын
Yes they should both be 1/2* w/pi
@InCaseofEconStruggles2 ай бұрын
TEMPRARY CORRECTION (Until I upload an updated corrected version): In the graphical example, there's no reason why F, H, A, and E can't be picked with the new constraint. Even though the green dot is revealed preferred to those points, it would only violate WARP if those points were then picked when the green dot was available, which it is not under the new constraint. Sorry for the error and I will have a corrected version up soon!
@InCaseofEconStrugglesАй бұрын
Here is the updated version: kzbin.info/www/bejne/oZnTnZ58nKmkqq8
@zhueva66122 ай бұрын
really helpful, thank you!
@InCaseofEconStruggles2 ай бұрын
I’m glad it was helpful! I hope the other videos in the series were also helpful but feel free to let me know if there was something you were looking for and couldn’t find!
@RyanHo-ho7yj2 ай бұрын
Great video! I'm currently struggling with the OLG models as well. Could you make a video regarding the offer curves derived from Gale(1973) and talk about the 3 cases (Samuelson, Classical and Knife-edge)? Very appreciate!
@InCaseofEconStruggles2 ай бұрын
I would need to look into those to really understand them but yes I will add that to my research list to look at!
@paulsilva6272 ай бұрын
Hello Case! I have found your videos to be extremely helpful. Thanks for making them! I am having trouble exporting results from two types of models: bivariate probits (biprobit) and heckman probit models (heckprobit) in Stata. In particular, I want to report the different stages as different columns rather than just having the first stage reported below the second stage (for the heckman model for example). If you could make a video helping me out here that would be great.
@InCaseofEconStruggles2 ай бұрын
Hey Paul I’m glad you are finding these videos helpful! I will look into both of those and see what I can come up with!
@InCaseofEconStruggles2 ай бұрын
If you use the option unstack and drop(/:) that should work! Example code below: webuse school eststo test: biprobit private vote logptax loginc years esttab test, unstack drop(/:) Does that work for your code?
@paulsilva6272 ай бұрын
@@InCaseofEconStruggles This was helpful. Thank you! Separately, if I have a really long note it forces my column on the far right to be too far way from nearest column. Is there a way to make a note that is really long, and therefore wide, to appear on two lines?
@InCaseofEconStruggles2 ай бұрын
@paulsilva627 you have two options. One is to split it in the stata code itself into two lines. The other option is to use the addnote option. I’ll make a video about that as well
@paulsilva6272 ай бұрын
@@InCaseofEconStruggles Great!
@conneryates50732 ай бұрын
also programmers everyday
@InCaseofEconStruggles2 ай бұрын
I can only imagine! Even with stata I feel this reading people’s code
@bomo97102 ай бұрын
Is it bad that I know the exact context of this clip
@InCaseofEconStruggles2 ай бұрын
Not at all that makes the meme better in my opinion!
@genv96192 ай бұрын
Thanks, very helpful!
@InCaseofEconStruggles2 ай бұрын
I’m glad this was helpful and I really appreciate you taking the time to leave a comment!
@benjaminkjaerhansen47332 ай бұрын
I get the intuition behind SOSD, but I don't get the definition because F's area under the curve is bigger G's area under the curve after x=20, can you explain why the definition is still true.
@InCaseofEconStruggles2 ай бұрын
Remember that it’s the cumulative area under F versus the cumulative area under G. I do have a mistake where my integrals should start at - infinity not at 0. Starting at x=20 the cumulative difference in areas starts shrinking but the cumulative area under G is always greater than or equal to the cumulative area under F. Does that help?
@benjaminkjaerhansen47332 ай бұрын
It does, thank you very much.😄
@InCaseofEconStruggles2 ай бұрын
@benjaminkjaerhansen4733 awesome I’m glad that helps! Great question and glad the video was helpful!
@Bill_in_your_econ_models2 ай бұрын
12/10 shameless plug
@InCaseofEconStruggles2 ай бұрын
its a bold strategy for sure Cotton
@anna273272 ай бұрын
Wow ! million thanks for this clear explanation !!
@InCaseofEconStruggles2 ай бұрын
Thank you so much! I’m glad it was helpful and I appreciate you leaving a comment!
@ladoputi-n8j3 ай бұрын
What a nice explanation! Subscribed
@InCaseofEconStruggles3 ай бұрын
I’m glad this was helpful and I appreciate you leaving a comment!!
@NG_GN3 ай бұрын
Thank you for a clear and concise explanation, this is exactly what I needed, I can't thank you enough, really appreciate it
@InCaseofEconStruggles3 ай бұрын
I’m glad this was helpful and great question!
@diegoqc42413 ай бұрын
Thank you very much!
@InCaseofEconStruggles3 ай бұрын
I’m so glad this was helpful! Thanks for taking the time to leave a comment!