Professional news: I've wrapped up at Treasury and am returning to life as an academic. It'll take some time to process all I learned, but first a BIG thank you to those serving in the gov't. The brilliance, hard work, and dedication to the American people is awe-inspiring.
Some professional news: I'm thrilled to announce that I am now serving as the Deputy Assistant Secretary for Macroeconomics in the Office of Economic Policy at the Department of Treasury.
Much discussion recently about reforming or even eliminating the FOMC's SEPs. However, work by Andrew Martinez and @TaraSinc show larger monetary policy surprises following SEP meetings. SEPs contain additional MP information. (1/2) @JonSteinsson@NickTimiraos
Check out this great new @Macro_Musings episode with Andrew Martinez. He shares the inspiring story of his path into forecasting research and insights on the latest literature. He also talks about our paper "When the Fed Reveals Its Hand: The SEP and Monetary Policy Surprises"
New episode! Andrew Martinez on the Art of Forecasting
Andrew and @DavidBeckworth discuss the difference in the way markets react to SEP versus non-SEP data.
Great to visit @amprog to debate solutions to the affordability crisis. @TaraSinc and I argued against price controls, while finding common ground with @BharatRamamurti and @nealemahoney on the need for real action to make life more affordable. Watch:
I’m looking forward to being part of this panel on affordability on Feb 10th - join us! It’s open to the public in person and online. Register here: https://t.co/8rZAiCcLxV
Join CAP's @econJaredB on Tuesday, February 10, for an event featuring leading economic thinkers, @BharatRamamurti, @nealemahoney, @econ_harris, and @TaraSinc.
Jared will moderate the expert panel as they debate the various policy approaches to address current affordability challenges. https://t.co/TiOJfbrKg1
.@GWUEconomics#EconJobMarket candidate Shizhe Zhong’s core areas of interest are monetary policy, forecasting and bayesian econometrics. @ChaoDwei@TaraSinc@CERatGWU Learn more about Shizhe and other candidates: https://t.co/uH615do6Nz
.@GWUEconomics#EconJobMarket candidate Jingwen Zheng’s core areas of interest are urban and real estate economics; program and policy evaluation. @ChaoDwei@TaraSinc@CERatGWU Learn more about Jingwen and other candidates: https://t.co/uH615do6Nz
New CER Working Paper by @TaraSinc (GWU & CER) & Andrew Martinez (AU):
📄 “When the Fed Reveals Its Hand: The SEP and Monetary Policy Surprises.”
🔗 https://t.co/5ZMKXuDwse
#EconTwitter#MonetaryPolicy#FederalReserve#CER
.@GWUEconomics#EconJobMarket candidate Lidong Yang’s core areas of interest are international trade and development economics. @ChaoDwei@TaraSinc@CERatGWU Learn more about Lidong and other candidates: https://t.co/uH615do6Nz
.@GWUEconomics#EconJobMarket candidate Pedro Rodriguez-Martinez’s core areas of interest are public, urban, and development economics. @ChaoDwei@TaraSinc@CERatGWU Learn more about Pedro and other candidates: https://t.co/uH615do6Nz
.@GWUEconomics#EconJobMarket candidate Ammu Lavanya’s core areas of interest are international finance, macroeconomics, monetary economics and financial history. @ChaoDwei@TaraSinc@CERatGWU Learn more about Ammu and other candidates: https://t.co/uH615do6Nz
.@GWUEconomics#EconJobMarket candidate Maheen Javaid’s core areas of interest are development economics and environmental economics. @ChaoDwei@TaraSinc@CERatGWU Learn more about Maheen and other candidates: https://t.co/uH615do6Nz
.@GWUEconomics#EconJobMarket candidate Frederico Haslop’s core areas of interest are environmental, labor, urban, and development economics. @ChaoDwei@TaraSinc@CERatGWU Learn more about Federico and other candidates: https://t.co/uH615do6Nz
.@GWUEconomics#EconJobMarket candidate Shatakshi Gupta’s core areas of interest are development economics and labor economics. @ChaoDwei@TaraSinc@CERatGWU Learn more about Shatakshi and other candidates: https://t.co/uH615do6Nz
Meet Sim Powell and his LLM Fed colleagues that argue, cajole, and dissent like the real FOMC. Amazing discussion with @TaraSinc on her work with @SophiaKazinnik to replicate and experiment with the FOMC via LLMs of each Fed official! (1/2)
Can AI help us run macroeconomic experiments we never could before?
In our new paper, Tara Sinclair and I simulate an entire FOMC meeting using LLMs: personalities, persuasion, policy decisions, and all.
Please check out @TaraSinc on Macro Musings explaining how we did it:
New episode! Tara Sinclair on Building a Synthetic FOMC Through AI
@TaraSinc lays out for @DavidBeckworth why building an AI FOMC gives macroeconomists a proprietary sandbox to run experiments.
.@GWUEconomics#EconJobMarket candidate Prerna Dokania’s core areas of interest are applied microeconomics, development economics and economics of education. @ChaoDwei@TaraSinc@CERatGWU Learn more about Prerna and other job market candidates: https://t.co/uH615do6Nz
.@GWUEconomics#EconJobMarket candidate Qi Chen’s paper studies diffusion of banking technology in a competitive landscape. @ChaoDwei@TaraSinc@CERatGWU Learn more about Qi and other job market candidates: https://t.co/uH615do6Nz