New working paper just presented at the @DynareTeam 's 18th conference at the @NUSingapore.
We quantify secular drivers of the natural rate (NRI) in Italy from 1995 to 2021 plus two new channels, 𝘮𝘪𝘨𝘳𝘢𝘵𝘪𝘰𝘯 𝘢𝘯𝘥 𝘪𝘯𝘩𝘦𝘳𝘪𝘵𝘢𝘯𝘤𝘦.
https://t.co/ngD5GpNyUG
Journals publishing replications is fantastic. Even better when one's paper is actually replicable! Replication of “A Model of Secular Stagnation” by Eggertsson et al. (2019) - Economic Inquiry - Wiley Online Library https://t.co/RYEC5PW1bU
Interested in replicating results? @crescentiniale1 and Federico Giri provides a Dynare replication of Eggertsson et al. (2019)! Their exercise helps identify minor mistakes in equations used in the original code and paper. https://t.co/0JqdIzGWwP @WileyEconomics #EconTwitter
Aim: lowering the entry barriers. A new replication paper of a large OLG model featuring Secular Stagnation and multiple OBCs is now available on EI. Joint work with Federico Giri. 🎃
https://t.co/onTw4ZDoNR
Our 4th DP of the week is from @crescentiniale1 and Federico Giri. It is entitled "Dynare replication of A Model of Secular Stagnation: Theory and Quantitative Evaluation by Eggertsson et al. (2019)".
https://t.co/cky9zoSuXL
In the 1970s, PhD programs in economics in the US abandoned the requirement that students take a course in the history of economic thought. Steve Medema’s take in 2009 on the costs to the profession of that decision:
Perché invece non offrire salari più elevati e migliori condizioni di lavoro a chi già lavora in Italia? Vogliono la concorrenza nel mercato del lavoro solo sulle spalle dei lavoratori!
1000 PHD's in economics went to Jackson Hole to figure out how to fix the world economy; yet, not one pointed out the historical fact that the USA grew twice as fast under a Gold standard when 0 PHD's in economics set interest rates and instead free market capitalism set rates!
The future belongs to generalists. If you miss links between different subjects and tasks, you become just an officer. Ad maiora!
https://t.co/q9GlG9PxVF
Da Ministro proposi un intervento netto: concorso con commissione nazionale, chiamate dirette sottoposte a rigida valutazione ex post e ruolo unico, ma la maggioranza era contraria. Urge approvare PDL ricercatori, con scelte chiare e discontinuità https://t.co/NgSILVUXM2
L’economia è una disciplina che dovrebbe aspirare a migliorare le condizioni dell’uomo. Nel dibattito pubblico di un economista accademico, si leggono banalità e insulse proposte reazionarie: perchè? rhttps://www.roars.it/online/il-mercato-rende-liberi/ via @ROARS