Not everyone prioritizes having a job with deep personal meaning. While some people work only to earn an income, to pay the bills, or to have activities without fully enjoying them, other individuals find meaning in their job and put all their efforts out of their interest and talent. Given the relatively limited studies onContinue reading “On Work as a Source of Meaning”
Category Archives: Discussion
Shall We Make A Move?
Some individuals grow up with figured-out goals, what they want to do, and sometimes even the steps to achieve their goals. Meanwhile, other people are still puzzled about finding their objectives and the meaning of what they are doing. While this post attempts to provide a perspective on how to reveal our goals and knowContinue reading “Shall We Make A Move?”
Rethinking The Passion or Money Debate
The debate of choosing a career path based on passion or money could be a never-ending discussion. Nonetheless, it is also interesting to rethink behind the curtain of the debate. How could some people be highly and rapidly advanced or accelerated in certain jobs, such as prodigies? Is it merely a gift or talent thatContinue reading “Rethinking The Passion or Money Debate”
In a Tunnel of Liminality
Being in liminality, a process of transitioning across boundaries and borders (Larson, 2014), is like going through a tunnel of uncertainty. At some point, we might find ourselves in an uncertain, uncategorized phase where it feels as if we go through a tunnel to get to the other side of a place or the nextContinue reading “In a Tunnel of Liminality”
The Capital Asset Pricing Model: Theory and Evidence
The Capital Asset Pricing Model (CAPM) is based on the assumptions of complete agreement regarding return distributions and risk-free borrowing and lending, implying that all investors perceive the same investment opportunities and maintain similar portfolios of risky assets, but the allocation of risk-free assets could vary depending on the risk tolerance of each investor. TheyContinue reading “The Capital Asset Pricing Model: Theory and Evidence”
On Social Media and Fake News in the 2016 Election
In their article, Allcott and Gentzkow (2017) present a theoretical and empirical framework for examining the economics of fake news, focusing on its role in the context of social media during the 2016 United States of America (US) presidential election. It discusses fake news and voting behavior in the presidential election by investigating various aspectsContinue reading “On Social Media and Fake News in the 2016 Election”
On Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias
An anomaly in economics occurs when an empirical outcome is challenging to justify, or when it requires unrealistic assumptions for its explanation using the underlying theories. In simpler terms, it pertains to a real-life scenario that contradicts or departs from the conventional theory. The anomalies discussed by Kahneman et al. (1991) are the endowment effectContinue reading “On Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias”
The Less We Know, The Better?
Many theories, inventions, innovations, and technologies arise from human curiosity and the search for information and truth. However, while curiosity is part of human natural characteristics that might lead to information gathering, it might bring drawbacks if the collected information is not filtered. Information overload and the negative impact of social media are essential subtopicsContinue reading “The Less We Know, The Better?”
A Comment on Why You Should Never Use the Hodrick-Prescott Filter
In his article, Hamilton (2017) conveyed a critique of the Hodrick-Prescott (HP) filter, arguing against its utilization due to several inherent issues. He emphasizes that the filter’s sensitivity to the smoothing parameter selection, its tendency to generate misleading cycles, and its failure to accurately represent the actual underlying trend are significant drawbacks. While I partiallyContinue reading “A Comment on Why You Should Never Use the Hodrick-Prescott Filter”
Commentary on Monetary policy is Weaker in Recessions
In their article, Tenreyro and Thwaites (2013) conduct research to explore the impact of monetary policy on real and nominal variables at various business cycle stages. They aim to determine whether the effects of monetary policy are symmetrical or asymmetrical throughout the business cycle and identify the sources of any asymmetry observed. In my view,Continue reading “Commentary on Monetary policy is Weaker in Recessions”
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