A global estimation method learns the parameter-to-moment mapping, and treats prices as parameters and market clearing as moment conditions, reducing run time from days to minutes, from Victor Duarte and @JuliaAFonseca https://t.co/kc5yJ3rETN
Fully funded PhD across all disciplines at the University of Bologna, Italy 🇮🇹 2026
The Call for the 42nd application cycle will be out soon. English-taught programmes included.
Online Application fee: 10 euros
Prepare your documents in advance. Check the requirements as legalization of documents might be required.
https://t.co/nvwqMHbuyC
Advice for PhD students in economics about using AI, from the brilliant Isaiah Andrews. This should probably be circulated to all PhD cohorts
https://t.co/07xEbmx5n5
Last week at CER, Moritz Lenel (Princeton University) presented “A Model of U.S. Monetary Policy and the Global Financial Cycle” in our Macro-International Seminar.
A rich paper on monetary spillovers, risk premia, and global finance.
#Macro#MonetaryPolicy#GlobalFinance
Highly recommended!
"Why did inflation rise and fall in 2021-24? Channels and evidence from expectations" by Ricardo Reis.
"This article uses inflation expectations to investigate the mechanisms that linked supply and demand shocks to inflation outcomes during 2021-24. It describes several theoretical mechanisms through which shocks led to inflation, highlighting the role of expectations in this process. It uses multiple sources of expectations data for the US, EA, and UK to evaluate each of these channels. Finally, it surveys the literature that has used expectations data to make sense of the 2021-24 inflation surge. The article applies the results from this investigation to assess how well anchored inflation expectations were during the surge and at the end of it."
https://t.co/CHtG70zgCM
For students asking:
• What do economists do?
• Should I pursue a PhD?
• How do I prepare and apply?
@AbdouNdiayeNYU has written a document offering clear and practical guidance.
📄 Freely available here:
https://t.co/9Agvz6itXk