The world will never be the same again after you step into this strange and wonderful garden of thought. And when you look back on this experience many years later, even the things you didn't understand at the time have matured --Samuelson
Reading notes on ‘Logs with Zeros? Some Problems and Solutions’. When the variable being transformed includes zeros, the log(y+1) transformation has some limits in treatment-effect estimation.
A study note on the calculus of variations based on Alpha C. Chiang’s textbook on dynamic optimization, covering the catenary problem, the brachistochrone problem, and monopoly pricing.
This article reviews the introduction to Yang Xiaokai’s work on inframarginal analysis in development economics and highlights several arguments about division of labor, growth, and the history of development theory.
Reflecting on the attitude towards the study of economics—what constitutes enthusiasm? What embodies a love for the discipline? Documenting my own hierarchy of disdain in the realm of economic learning.