by Simon Elgersma | Apr 25, 2023 | Economy, Weather and Climate
The economic discipline has a long tradition on micro- and macroeconomics which aid the policy debates regarding contemporary issues. These days, besides governments having to deal with rising inflation, increasing wealth inequality or high levels of unemployment, the...
by Simon Elgersma | Feb 23, 2023 | Economy
The Great Recession after the financial crisis gave rise to a lot of criticism of contemporary macroeconomic models. The standard modeling assumptions were severely challenged by scholars and policy makers, as they could not account for frictions in the financial...
by Simon Elgersma | Dec 6, 2022 | Economy, History
I have always had a weakness for history lessons. Although very different from the standard optimal control problems and differential equations I am solving in my studies, I find that the lessons we can learn from great previous minds are both insightful and...
by Simon Elgersma | Oct 11, 2022 | Economy, Mathematics
For some reason I always have a hard time making inter-temporal decisions. Should I drink a few more beers tonight, taking into account that I have a lecture at 9 am tomorrow? Should I buy that new piece of clothing or save to accumulate some (possibly negative)...
by Simon Elgersma | Jun 28, 2022 | Economy, Finance, Other, Society
I recently noticed that in the last few months, my favorite pack of oatmeal went up in price by 40%, from 50 cents to a whopping 70. Not only that, but the beers at the ‘Negende Cirkel’ have probably increased as well (I have to check it when I am sober, though)....
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