Category: Ideas
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Econometrics-Alchemy or Science?
in IdeasAfter a first post on the conception of the scientific method by Richard Feynman, let us look at the following paper written paper by David F.…
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Do we really read papers in economics?
in IdeasLast Friday, I had the chance to welcome Joshua Aizenman for a research seminar at the University of Strasbourg: https://www.beta-economics.fr/. We had an interesting discussion about…
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Timelines, they are so important
In these uncertain times when history and geopolitics are of utmost importance for economics, let me draw your attention to this website with very nice timelines:…
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On the use of Chinese renminbi in international trade
During the 16th FIW conference, I had the chance to attend the policy panel on the “Tectonic shifts in the international economic order”. Giorgia Giovannetti gave…
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Some wisdom about supervised machine learning
During the 4th Italian Workshop of Econometrics and Empirical Economics: “Climate and Energy Econometrics”, I had the chance to attend to the presentation of Giovanni Cerulli’s…
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Cold War 2.0?
The levels of Geopolitical Risks are now close to those of the Cold War, as mentioned by Cullen S. Hendrix in this PIIE chart: https://www.piie.com/research/piie-charts/2024/2020s-mark-return-cold-war-levels-geopolitical-risk. What…
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Using labmask for better graphs in Stata
In his last book, La Défaite de l’Occident, Emmanuel Todd, a French historian and demographer, argues that the infant morality rate is higher in the US…
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Not all recessions are created equal — Pandemic edition
Let me draw your attention to this piece written by Tomasz Wieladek for The Economist: https://www.economist.com/by-invitation/2023/12/11/tomasz-wieladek-has-an-explanation-for-recent-macroeconomic-puzzles In this piece, Tomasz Wieladek argues that the pandemic recession…
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Types of Uncertainty
in IdeasNowadays, we are talking a lot about uncertainty. It could be interesting to draw your attention to this article, that I mentioned in an older post:…
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Macroeconomic Research, Present and Past
Today, let me draw your attention to this very interesting JEL article. It provides a superb overview of macroeconomic research during the last 40 years. As…
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A few thoughts about the euro
This is it! You now need 1 dollar to buy 1 euro. To get this picture below, I used the FRED connection with Mathematica 13.1, as…
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Back to the Future Part II: the Phillips curve was discovered in 1926!?
in IdeasOn October 26, 1985, in Back to the Future Part II, Dr. Emmett Brown (Doc) and Marty Mac Fly go back to 1955 after trying to…
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Quelques perspectives sur le revenu universel
in IdeasThe error contained in this sermon determined me to publish my “Agrarian Justice.” It is wrong to say God made rich and poor; He made only…