A monetary commitment can survive when people believe in it and fail when they expect it to fail—even though the underlying policy preferences and economic fundamentals are unchanged.…
Should an inflation-targeting central bank respond directly to the real exchange rate? A small theoretical model can make this question surprisingly concrete. The central bank chooses a rule…
NEW WORKING PAPER: How will the widespread deployment of automation technologies such as industrial robots and artificial intelligence (AI) affect long-run economic performance? To address this question, we…
I reach the threshold of 25 percent of my papers (12 out of 38 articles since 2010) with an available replication archive on my GitHub. I hope to…
Some materials for my lecture notes in Probability and Statistics are available on GitHub: https://github.com/. You will find the Mathematica notebooks and the PDF of my lectures for…
Thanks to the wonderful guidance of Hashir Shoaib (hashirshoaeb), I finally manage to use GitHub pages to built a portfolio for my recent projects jamelsaadaoui.github.io/ Feel free to…
Today, let me draw your attention to a very interesting book: Natural Resource Economics. Analysis, Theory, and Applications by Jon M. Conrad, Cornell University, New York, Daniel Rondeau, University of Victoria,…
In my previous blog, I recall that we can demonstrate in a few steps that the sample variance is an unbiased estimator of the population variance when we…
In my previous blog, I recall that we can demonstrate in a few steps that the sample variance is an unbiased estimator of the population variance when we…
Great news! Wolfram Research has launched a new function that could help to write a code in various languages: resources.wolframcloud.com/ This function requires that you have an account…
In this blog, I will show how to build a model of the fragility of an incomplete monetary union. The idea is to find the optimal inflation rule…
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 I explained…
In this blog, I will show how to build a simple model of the determination of the GDP with government and trade. The idea is to find the…
It is a capital mistake to theorize before one has data. Insensibly one begins to twist facts to suit theories, instead of theories to suit facts. Sherlock Holmes.A…
One way to convince some students that it is simple to demonstrate the value of the two first moments of a discrete distribution is to use Mathematica and…
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