New working paper from our colleague Christian Matthes (with Jonathan Adams), "How Ricardian Are We?" Short answer: not much! @cmatthes.bsky.social jonathanjadams.com/files/How%20...

I'll say it once more: German cuisine is severely underrated internationally, especially by Anglo-Saxons

We had a banner year with hiring last year, adding 11 (yes, 11!) new full-time faculty members. Check out this @ArtsLettersND news story highlighting the new members of our community: al.nd.edu/news/latest-... @cmatthes.bsky.social

Hot off the presses at AEJ: Macro, "The Consumption Origins of Business Cycles: Lessons from Sectoral Dynamics" @aeajournals.bsky.social from our colleague Christian Matthes and Felipe Schwartzman www.aeaweb.org/articles?id=...

Connor Brennan, Maggie Jacobson, Todd Walker, and I have now made the shock series we created for our “Monetary Policy Shocks: Data or Methods?” paper public. Any comments are greatly appreciated! Data: doi.org/10.7910/DVN/MQ… Paper: cm1518.github.io/files/BMW.pdf

I am blessed and excited to move to Notre Dame. A fantastic department with many great colleagues in a special university.

It’s really been a labor of love - glad to see the paper finally out!

I’ve been playing around with o1 pro mode, but for the things I had it do it didn’t seem worth the price relative to the $20 package. Any recommendations for tasks/prompts where pro mode shines? ( I wonder if the tasks I was asking it to do were too simple)

Listen guys, I don’t want to brag, but it looks like Econometrica really wants to publish my work

Mein Interview im Deutschlandfunk zur Wirtschaftskrise in Deutschland: www.deutschlandfunk.de/strukturelle...

Ethan is a great economist, but I think he found his true calling with this thread.

“Detached from reality”? I strongly disagree. In terms of price levels (which is what households really care about), the change over the last few years was significant and permanent. Wages for many have not caught up, so these are real effects.

Great two day visit at the Cleveland Fed. I learned a lot!

Crazy to think that 100 years ago the next stop on my train was the epicenter of math and physics research worldwide

Da kommen Erinnerungen an die 80er hoch

Highly recommended!

Great quote! Makes me think of some fields in economics that still rely on static models, but then want to discuss the effects of policy changes.

From a dinner talk by Lars Hansen at the conference in honor of my colleague Joon Park. This tension was huge when I was at the Fed - understanding (and appreciating) uncertainty is something many policymakers should work on.

Come for the explanation why Thomas Lubik and I changed priors, stay for the many, many, many star based puns 🫣 www.richmondfed.org/publications...

Apparently Heisenberg didn’t need Linear Algebra to get into grad school 😁 ( from “The Man from the Future” by A. Bhattacharya)

We’re hiring at IU! In particular, we’re looking to hire an endowed chair in macro. If you are interested feel free to reach out! I think we have a great department with lots of people doing really cool research. indiana.peopleadmin.com/postings/20326