Endlich ist es mir auch mal gelungen, bei irgendsoeinem irrelevanten Hype-Thema mal so richtig vor die Welle zu kommen (haha, Welle, versteht ihr?).
Vielen Dank an den Suhrkamp Verlag dafür, dass er mir das nicht ermöglicht hat und natürlich an die anderen deutschen Diskurswale für die gute und schnelle, dafür aber auch frei erfundene Mitarbeit und natürlich große Entschuldigung an Richard David dafür, dass ich seinen Text leider um rund 120 Seiten kürzen musste. Gerne wieder!
Den Sammelband findet ihr ab sofort in keiner gut sortierten Buchhandlung.
This looks like a must-read!
"Beyond the Taylor Rule" by Emi Nakamura, Venance Riblier, and Jon Steinsson.
"The Federal Reserve partially “looked through” the post-Covid rise in inflation and ultimately managed to bring about an “immaculate disinflation.” The Fed’s policy deviated strongly from the Taylor rule during this period. More generally, central banks with strong inflation-fighting credentials looked through post-Covid inflationary shocks yet experienced less inflation than more hawkish but less credible central banks. In light of this episode, we assess the degree to which the Taylor rule is descriptive, and the degree to which it should be viewed as prescriptive."
"During the post-Covid inflation episode, the market was confident that the Fed would act aggressively if inflation persisted or de-anchoring of expectations started to occur. This high degree of credibility is partly due to the Fed’s strong track record, but also partly due to institutions such as central bank independence. These are valuable assets that can be destroyed much faster than they were built up."
https://t.co/INNhgQoCOd
Wow, super interesting!
"Scenario Synthesis and Macroeconomic Risk" by Tobias Adrian, Domenico Giannone, Matteo Luciani, and Mike West.
"We develop methodology to bridge scenario analysis and risk forecasting, leveraging their respective strengths in policy settings. The methodology, rooted in Bayesian analysis, addresses the fundamental challenge of reconciling judgmental narrative approaches with statistical forecasting."
https://t.co/wxPd1B5ljY
The paper contributes to the increasing interest in the analysis of narratives in macroeconomics by proposing a way to identify and extract inflation narratives in media discourses. @mavalwe #narratives#expectations#inflation https://t.co/tjaOz9CKEf
The beautiful sound of the Notre Dame ‘Worker’s Choir’ rehearsing. More than 80 engineers, architects, carpenters, crane operators, construction workers… who all worked on the Cathedral’s restoration have formed a choir that will perform inside Notre Dame next week.
From @Harvard University in Cambridge, Massachusetts, this is CS50x 2025. Available on January 1, 2025, on YouTube, edX, Apple TV, Google TV, and beyond. Open to anyone online; no prior programming experience required. Enroll for free at https://t.co/h9bpUkrzZp. And meet @CS50’s #AI-powered duck of whom you can ask questions along the way, thanks to GitHub, OpenAI, and Microsoft! 🦆
@jsprondel Mein herzliches Beileid. Ich habe ihn nie persönlich getroffen aber durfte ein Buch gemeinsam mit ihm machen und es hat sehr viel Freude gemacht. Denke gern an die Telefonate zurück.
Stellenausschreibung Wiss. Mitarbeiter:in im Bereich Emprische Wirtschaftsforschung (75%) mit Möglichkeit der Promotion @unihh https://t.co/576WuUlWFt