subject is the basic toolbox of mainstream economics. The most important tools in this box are demand, supply and equilibrium … what economists tell us, demand, supply and equilibrium do not carry over to the actual world: they cannot be empirically …

explicitly models the relationship between changes in house prices and various measures of housing supply. The results show that … months supply of new homes places greater downward pressure on house prices that the months supply of existing homes. We …

demand for movies per inhabitant. Furthermore, we test for the long run relationship and evaluate the elasticities of demand …