Dale W. Jorgenson contributed to the development and understanding on the neoclassical investment theory. In the following post I will try to outline and discuss the neoclassical investment theory in simply words. At its heart, Jorgenson’s investment model bases on the idea that there exists an optimal capital stock. Economic actors, such as firms, invest and disinvest in order to reach the optimal capital stock. Continue reading The Neoclassical Theory of Investment
When having a blog hosted at wordpress.com, there come a time when all bloggers will ask themselves the same question: What is the minimum traffic requirement for WordAds?
Consulting the FAQ on the WordAds page (https://wordads.co/faq) does not tell you much: A site generally needs thousands of pageviews each month to earn meaningful revenue, it says. Certainly, this answer does not help. Fortunately, the web is full posts and comments of people speculating about the minimum traffic requirement. Needless to say that none of them truly knows the exact number. We can nonetheless learn from past observations and try to approximate the current number with some estimates. It appears that the minimum traffic requirement of WordAds is not constant over time. When Automattic launched WordAds on November 29, 2011, some blogs were accepted with less than 5000 pageviews per month. However, the number of views required to be accepted to the advertisement program quickly rose after the initial launch. In the following years some bloggers reported that they got accepted when reaching 15000 views per month, others speculated that the number was further rising. Lately, reports on blogs being accepted to WordAds have been rare.Continue reading WordAds: Minimum Traffic Requirements