Top Tweets for #Misallocation
The upshot of this exercise is as follows: if you seek to construct a sticky price model that #accurately #captures #misallocation costs, NO LONGER CALIBRATE it to the standard data moments.
Instead, you can use the sufficient statistics we uncover, table 2 in the paper. (10/N)
This implies that models calibrated to the standard data moments can imply very #misleading #misallocation #costs. To illustrate this, we calibrate random menu cost models to the standard data moments in each of our 800 expenditure items. Then,..... (8/N)
Using our agnostic approach, we find #large #misallocation #costs from inflation:
When inflation is 8 percentage points above or below its optimal level (1.8% for the U.K. economy), misallocation losses are 1% of aggregate productivity/aggregate output (4/N):
@CVCIndia @irsmea1 @IR_CRB @YogeshMish60472 which are, in fact, relatively old & nearing the end of their coddle service life. Investing substantial sums of national funds into upgrading these outdated coaches could prove to be a #misallocation of resources, especially when the coaches will soon be phased out. A more cost-
“Not misappropriation, but misallocation and mismanagement” 🧾⚠📉
Watch as Murtaza Jafferjee, Chair of Advocata Institute, unpacks how inefficiencies—not theft—are draining Sri Lanka’s public finances 💸🏛🇱🇰
#SriLanka #Economy #finances #misallocation
In 2022, Bauchi State budgeted ₦7.9 billion for
a new Government House, but only ₦2.2 billion for the entire health sector. Across Nigeria, vanity projects outpace investments in basic services.
📌 Nigeria isn’t poor, it’s mismanaged.
#StepUpNaija #Misallocation
@anne76343 @JamesMArcher Meaningful change requires engagement and critical thinking. It rejects the pure conformity, the idea of profit over pedagogy and test scores over individualized learning experiences. #misallocation
@anne76343 @JamesMArcher It is time to move beyond the "Corporate education "and the misallocation of resources. We can overcome the educational crisis prioritizing teachers' needs, fostering collaborative partnerships and quality education. #misallocation
#Sedi #postiordinari #postifunzionali #position #misallocation Mobilità 2024/25, come si assegna il posto al docente trasferito in scuola con sedi in comuni diversi https://t.co/rsYo4sG6B0 via @TecnicadellaScuola
@RT_com This was a $$$ laundering operation as all US wars are. The #WarIndustry is the financial arm of America's #Hegemony ventures. It's #Criminal $$$ #Misallocation
Jeremy Majerovitz builds on Dave Donaldson's presentation - together with David Hughes, they use experimental evidence from microenterprises in Sri Lanka to highlight the important role of #misallocation in holding back aggregate productivity 📉
still waiting on the "enormous body of evidence" that rent control is a net benefit to lower income people
one paper that was presented was theoretical and had some not to nice things to say about rent-stabilization (#NYS version of RC for #nyc) b/c of #misallocation
i know...
@zerohedge so pain trade is short squeeze semis .
Google most shorted stocks in December ... you will find a great many are up 25% since. poor balance sheet, profitless companies like Wayfair, Lyft, etc
gone long these co's ? you $$$ in the last 35 days #ShortSqueeze #misallocation
2 days in a row TV interviews #space company. #VC/growth hype and #misallocation of capital continues despite dire #transportation and logistical needs here on earth.
#WorkingPaper from SF Fed Research: Evergreening by Miguel Faria-e-Castro, Pascal Paul, and Juan M. Sánchez https://t.co/vBOapA4k2e #SFFedResearch #econtwitter #evergreening #zombiefirms #banklending #misallocation
@buckingfankers @IanCrowther15 @jbhearn @gsnedeker @RedOnWight @GeorgieSpirit @AynRand_is_Dead @HenricCont @GormsbyE @bourdeau_ed @jrex62 @SvarfvarSea @Locke_Wiggins @aClassicLiberal @takeitwithsalt @DMcWilliams_UK @ThomasSirianni2 @richyphillips @barua_ashish @camdenjon @edj635562 @samvega @JohnRad15 @clintballinger @KimDriver11 @ParkersPlaster1 @duncanpoundcake @MMTLabour @NKozev @katiecannon2 @nevin_simon @Frances_Coppola @RogueCoder250 @CreativeDeduct @juancastanedaf @Tim_Congdon @iimr_buckingham Because of too much Government , too much red tape,
#ZNIRP leading to #misallocation or resources .
Many other poor policies hurting productivity .
#SUERFpolicybrief "Optimal #monetarypolicy and #capital #misallocation" by @Bea_GonzalezL & @NunoGalo @BancoDeEspana, Dominik Thaler @ecb and Silvia Albrizio @IMFNews
https://t.co/5nprJa3W7V
@NorthmanTrader the market is no longer an expression of sound investment and free market trade ...
it now seems like a neurotic live feed rorschach of society's neuroticism threatening humanity, the planet, and peace
and i am part of that illness
#Misallocation
Can #land reforms lower agricultural #productivity?
Great piece @vox_dev by #TassoAdamopoulos #LorenBrandt @leightjessica @DiegoRestuccia
They find that land reforms in #China led to #misallocation which cost 24.4% in agricultural output
https://t.co/6tMTL6L27n
@brianbloop2 @NPurpleline @ShaytanTruth @KeithRGrimley @mike_lucullus @PerKurowski @arthur_eckart @jbhearn @RedOnWight @LemmyMcGregor @l_lucullus @OBrienSheehan @QE4_Countdown @takeitwithsalt @StewartButton @StrongbowsPub @EuclidAlgorlthm @FreedomGeopol @HarrisSamaras @Ellis_Greenwood @ShaneJa16905901 @Gforse1 @janineyve @David11359148 @SamScot11 @MoreTadpole @MossMom319 @fan_vor @ChrisKimberley @helgy2 @DilipShah_ @JohnSmi59189712 @Barrtecforever @davidbelle_ @NKozev @afewpoints @Bobby60269717 @Davidmetroland @Stilllearning90 @GeoffreyKeey @Peternoyes4 @astro_trader @marktho24679472 @ForsarOfficial @kevpluck @first4advice1 @ObliviousReaper @semperfidem2004 @SubGrew @Tip_of_spear It doesn't mean that overall policies are right or beneficial .
Too much Gov ,too much debt ,#misallocation resources etc,but stable money growth creates an stable environment for a steady economy
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