Wikipedia talk:WikiProject Economics

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Hello Folks,

I think there is something wrong with this page. The European Union has the number 2 position with $2,173 billion, following no. 1 China with $2,210 billion. However, if you combine for example Germany, France and the U.K. this already counts up to more than China's number.


The reason is that exports from Germany include exports to France, while exports of EU doesn't include intra-EU trade. i.e. individual EU countries' exports include exports to other EU countries, whereas exports from EU only include export from EU countries to non-EU countries. LK (talk) 13:22, 30 October 2015 (UTC)

Hélène Rey[edit]

I've added some initial discussion of the contributions of Prof. Hélène Rey here: [1]. There's a lot more that can be added, if anyone's familiar with her work and contributions.

What are the appropriate number of threads on this Wikiproject talk page?[edit]

Regarding [2], what do other editors think the appropriate number of threads to leave displayed on this talk page should be? My understanding is that it is not uncommon for wikiprojects to have dozens of simultaneous projects. EllenCT (talk) 23:00, 10 January 2015 (UTC)

In my experience, 20 minimum threads seems to be rather high when configured to an age of 90 days. WikiProject Finance & WikiProject Globalization use 6 & 5 minimum threads respectively. However, they are configured to expire threads after only 30 days. I think WikiProject Economics would benefit from a minimum thread count of 5 to 10, and an expiry of 30 to 45 days. My general view is that minimum threads and thread expiry should generally have an inverse relationship: less-active projects warrant threads sticking around longer because it takes longer for them to get attention, while more-active projects may not need threads to stick around as long since they may resolve more quickly, and may instead have a desire to see more minimum threads since there will likely be more things to discuss. Ultimately it boils down to what a project is willing to handle. On talk pages with an aggressive auto-archiving configuration, editors can always include a <!-- [[User:DoNotArchiveUntil]] 12:00, 01 January 2020 (UTC) --> exception at the beginning of a talk page thread to exempt it from archiving (and remove it when the participants deem the thread ready for normal archiving). John Shandy`talk 03:28, 11 January 2015 (UTC)

Economy of Somalia article[edit]

I've raised concerns over the neutrality of the Economy of Somalia article. I'd appreciate it if members of this project could look into the discussion and share their views (please see the article's recent editing history and Talk:Economy of Somalia#Cleanup for my concerns and the response from other editors). Thanks, Nick-D (talk) 02:31, 28 June 2015 (UTC)

Individual Titles of US Code[edit]

Articles about individual Titles related to economy, like Title 11 of the United States Code and Title 12 of the United States Code, are stubs. I welcome your help. --George Ho (talk) 19:36, 30 June 2015 (UTC)

Copyright Violation Detection - EranBot Project[edit]

A new copy-paste detection bot is now in general use on English Wikipedia. Come check it out at the EranBot reporting page. This bot utilizes the Turnitin software (ithenticate), unlike User:CorenSearchBot that relies on a web search API from Yahoo. It checks individual edits rather than just new articles. Please take 15 seconds to visit the EranBot reporting page and check a few of the flagged concerns. Comments welcome regarding potential improvements. These likely copyright violations can be searched by WikiProject categories. Use "control-f" to jump to your area of interest (if such a copyvio is present).--Lucas559 (talk) 16:06, 2 July 2015 (UTC)

2015 Chinese stock market crash at WP:ITN/C[edit]

I nominated the article for ITN. But it has a couple days before the nomination is archived. Please comment there. --George Ho (talk) 07:06, 14 July 2015 (UTC)

Book-to-bill ratio - new article[edit]

Dear economics experts: This article created last October hasn't yet been assessed. Is it about a notable topic? The references don't seem independent to me, but I am not knowledgeable in this area.—Anne Delong (talk) 00:49, 21 July 2015 (UTC)

@Anne Delong: Thanks for the comment. The article seems to be about a notable term. I've added a further reference. Jonpatterns (talk) 20:43, 21 July 2015 (UTC)
Great. Onward and upward!—Anne Delong (talk) 02:48, 3 October 2015 (UTC)

Measuring GDP[edit]

I'm not nearly expert enough to know if this article is any good, redundant to the main GDP article or a basket of OR, but it is pretty much unreferenced. I'll leave it with you. --Dweller (talk) 15:04, 23 July 2015 (UTC)

Thanks for the comment. The article is a mess but is probably a valid topic.Jonpatterns (talk) 20:55, 23 July 2015 (UTC)

One of your project's articles has been selected for improvement![edit]

Today's Article For Improvement star.svg

Please note that Information Age, which is within this project's scope, has been selected as one of Today's articles for improvement. The article was scheduled to appear on Wikipedia's Community portal in the "Today's articles for improvement" section for one week, beginning Monday 03 August 2015. Everyone is encouraged to collaborate to improve the article. Thanks, and happy editing!
Delivered by North America1000 23:45, 4 August 2015 (UTC) on behalf of the TAFI team

Should United States say anything about relative wealth of minority women?[edit]

Please see: Talk:United States#RFC on relative wealth of Americans. EllenCT (talk) 01:04, 11 August 2015 (UTC)

Help with EU financial directive article?[edit]

Hi there, I'm looking for editors who are interested in European financial markets, and the laws governing them, to provide their input on the Markets in Financial Instruments Directive article. I've proposed some improvements to the article, but as yet haven't received any responses. Due to my financial conflict of interest—I'm working as a consultant for the Managed Funds Association—I won't make any direct edits to the article and am instead looking for uninvolved but knowledgeable editors to review my suggested additions to the article. If you'd be interested to help, let me know! Thanks, 16912 Rhiannon (Talk · COI) 20:20, 28 August 2015 (UTC)

Referring to output of a region[edit]

Is it appropriate to refer to output of a region as GDP? I generally have not heard the term applied in that way and articles such as Economy of New York refer to output as "Gross state product". On the other hand, our article on GDP states the term is applicable to a region. I've never personally heard GDP used to refer to the output of a region, but I'm leaning towards thinking it's appropriate to do so. This has come up in relation to the merge of {{Infobox subnational economy}} into {{Infobox economy}}. ~ RobTalk 02:21, 4 September 2015 (UTC)

There's nothing in the title 'Gross Domestic Product', that suggests that it should be restricted to countries. Also, there are various reliable sources that refer to GDP of particular regions (the EU for example), and the GDP of US states (see List_of_U.S._states_by_GDP), so I would say it's absolutely fine to do so. LK (talk) 05:45, 20 October 2015 (UTC)

Discussion of proposed merger of Cooperative Stock Market into Cooperative[edit]

The discussion for the proposed merger of the Cooperative Stock Market article into the Cooperative article is at Talk:Cooperative#Merge from Cooperative Stock Market. --Bejnar (talk) 21:44, 8 September 2015 (UTC)

Created new article - British statistician Roger Thatcher[edit]

I've created a new article on the British statistician Roger Thatcher.

Additional input for further research collaboration and secondary sources would be appreciated at the article's talk page, at Talk:Roger Thatcher.

Thank you,

Cirt (talk) 05:12, 30 October 2015 (UTC)

Taxi industry, and competition in and across that industry[edit]

I could not find any article on the Taxi industry, or Taxicab industry; both are redlinks. And doing a search for related articles found nothing of substance.

The new ride-sharing companies and their drivers are clearly affecting competition in that industry, by providing substitutes, actually very close substitutes. I did add a section on Competition to the Uber (company) article, as a recent Wall Street Journal article took a somewhat long-form look at what is happening there.

My question to others in this project: where on Wikipedia should a) the industry in general, and b) competition within and across the industry in particular, be addressed? Cheers. N2e (talk) 18:11, 30 October 2015 (UTC)

Liquidity Preference edit needed with regard to interest rate effects on bond prices[edit]

Article mentions that bond prices decrease as a result of decreasing interest rates. However bond prices increase with a decrease in interest rates. If interest rates were to fall, prices of bonds would increase, which would decrease Yield-To_Maturity In current form, article states that bond prices fall, which also decreases Yield-To-Maturity. This is incorrect as Yield-To-Maturity is decreasing with the bond price. Can someone with more expertise on Keynes either edit this to state that bond prices will increase with a fall in the interest rate, or insert a footnote describing the error.

Error speculative motive: people retain liquidity to speculate that bond prices will fall. When the interest rate decreases people demand more money to hold until the interest rate increases, which would drive down the price of an existing bond to keep its yield in line with the interest rate. Thus, the lower the interest rate, the more money demanded (and vice versa). the more money demanded (and vice versa)."

Suggested Fix speculative motive: people retain liquidity to speculate that bond prices will rise. When the interest rate decreases demand for bonds increase as bonds would offer a comparatively higher return. Existing bond prices would increase, resulting in a lower Yield-To-Maturity until equilibrium is restored. Thus, the lower the interest rate, the more money demanded (and vice versa).

Please note; my background is mainly in Finance, and someone with a greater Economics background would be better suited to making an edit to the article

Jarryd Johnson (talk) 23:02, 1 November 2015 (UTC)

Keynesian economics article is in poor shape[edit]

The article on Keynesian economics is in poor shape, and frankly, an embarrassment to the Econ wiki project. I'll try to work on it over the next weeks, and I'll like to invite others here to work on it as well. Let's see if we can take it to GA status. Thanks in advance, LK (talk) 15:41, 2 November 2015 (UTC)

Was the USSR socialist?[edit]

At Socialism there are few active editors participating. Several have asserted that the USSR was not a socialist nation, that it was at most "nominally" socialist. Since it is a High importance Economics Project article I was wondering if there are any thoughts here about the issue. Capitalismojo (talk) 22:49, 13 November 2015 (UTC)

Government revenue/expenses and deficit[edit]

If anyone is interested, I've just noticed that the article on the UK's economy has had its data on revenue, expenses and public deficit updated for the 2015/16 financial year based on a budget from July 2015. See Talk:Economy of the United Kingdom#Update to deficit, expenses and revenue. I would appreciate some help, as I'm not an expert on the reliability of budgets. Jolly Ω Janner 17:08, 20 November 2015 (UTC)

Expert needed at industry[edit]

I've asked for expert advice at the article industry. I'm proposing to split it and input/support/help would be more than welcome. Thanks, --S.K. (talk) 21:41, 1 December 2015 (UTC)