We just posted a substantially revised version of our paper 'Greed? Profits, Inflation, and Aggregate Demand'.

dkaenzig.github.io/diegokaenzig.c…

🧵SWP 1072 by Aydan Dogan (BoE) + Ida Hjortsoe (BoE) examines the role of financial costs of exporting on export dynamics over the business cycle... bankofengland.co.uk/working-paper/…

Do financial costs of exporting matter for exports dynamics?

(Spoiler: big time!)

Don't miss this very nice paper by my colleagues Aydan Dogan and Ida Hjortsoe!

🤓 Nerd tweet for the heterogeneous-agent macro crowd

You like sequence-space Jacobians? But you also like working in continuous time?

Then I have just the thing for you! 🤓

Two very nice recent papers and some code:

👇😍

The 🧵 is based on a major revision of 'Saving Behavior Across the Wealth Distribution: The Importance of Capital Gains', which is joint with Andreas Fagereng Martin B. Holm & Gisle James Natvik

benjaminmoll.com/SBWD/

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Many observers worry that the current monetary policy tightening may be hurting long-term growth prospects. What is the link between monetary policy, TFP and capital misallocation? Check out our new VoxEU column! cepr.org/voxeu/columns/…

We're delighted to share that our Professors of Economics: Robin Burgess and Silvana Tenreyo have been honoured with ERC Advanced Grants for their outstanding work in Economics! 🏆👏 Congratulations on this remarkable achievement! #ERCGrants

Article:
lse.ac.uk/News/Latest-ne…

Atif summarizes our new paper with Verónica Bäcker-Peral! Have a read, give us feedback, use the data etc

Great public good for both policy and research! 👇🏻

Latest BU post employs a popular measure of geopolitical risk to examine its impact on inflation and GDP. bankunderground.co.uk/2024/04/24/qua…

Delighted to have Saleha Mohsin join the show this week to talk the history of the Treasury Department in its dollar policy and its increased use of financial sanctions. Shoutouts to Mark Sobel and other Treasury officials in the show! (1/4) directory.libsyn.com/episode/index/…

ECMA is happy to announce the 2024 Frisch Medal has been awarded to Dennis Egger, Johannes Haushofer, Edward Miguel, Paul Niehaus, & Michael Walker for their outstanding paper: General equilibrium effects of cash transfers: experimental evidence from Kenya econometricsociety.org/prizes/frisch-…

Data and codes available for the paper wit Timmermann & Pick on the trade off between estimation uncertainity and parameter heterogeneity in panel forecasting with large number of units and a short T. A combination forecast is proposed. #EconTwitter
arxiv.org/abs/2404.11198

Econometrica is happy to announce that the 2024 Haavelmo Prize for the best econometrics paper has been awarded to Raffaella Giacomini and Toru Kitagawa for their paper, 'Robust Bayesian Inference for Set-Identified Models” econometricsociety.org/prizes/haavelm…

So this is the popular conception of hunter gatherers. Running around in loincloths hunting wooly Mammooths. Fine, though a lot of hunting was actually small game trapping, and actually gathering of plants was a bigger source of calories (though proteins came mostly from hunts).