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huitzitziltzin
searching PlanetScale…
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5 ms
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31.
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huitzitziltzin
2y ago
Sure it’s just macro. Ljungqvist and Sargent is a standard grad level text. Acemoglu has one with a growth focus. Miao is another one. Stachurski and Sargent is one focused on computational issues. Stokey Lucas and Prescott is the math but
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huitzitziltzin
2y ago
There’s a whole discipline which does nearly that, though they do not use this style of agent based model. Generally agent based models have numerous parameters which can take many values (endowments, preferences) and the models don’t them
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huitzitziltzin
2y ago
No. There is no macroeconomist who wouldn’t adopt these approaches if they were “better”. Agent based models have been around since the 1980’s at least. No one uses them in central banks, no one uses them in industry, and you can be very
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huitzitziltzin
2y ago
What individuals may or may not understand is irrelevant. The professional staff at Treasury or Commerce will include a variety of people with a lot of relevant knowledge and experience. Then there are people who clearly don’t understand (
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huitzitziltzin
2y ago
Though I deplore detention and deportation for immigration violations, it’s worth mentioning in this case that this poor woman was asked to bring some biological samples back from France by her adviser and didn’t declare them . That’s not
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huitzitziltzin
2y ago
Can you finish 2000 pages of math textbooks in a four year math degree??? Also you seem to arrive at your first ML application after 1500 pages or so. I’m reminded of a class at my university on “early Christian literature” where the profes
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huitzitziltzin
2y ago
No. (Slightly longer answer: I don’t have the funds to match what someone is likely to pay for this data, but if I bought it and gave it to you for free, and also gave you all the inpatient hospital discharge abstracts in the US in a matcha
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huitzitziltzin
2y ago
The fact that 23andme is at risk as a going concern tells you what you need to know about the potential of monetizing large amounts of generic data. It turns out you can’t get much value from it. If you could, they would have. And no I
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huitzitziltzin
2y ago
>> It's falling out in America precisely because we don't pay for good talent. So most talent flows into China. These claims are quite hard to square with the long waits for H1B visas, extremely high salaries in the technolo
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huitzitziltzin
2y ago
Start with “the market for lemons” by George akerlof. https://en.m.wikipedia.org/wiki/The_Market_for_Lemons The case you are confused by is a version of the model there. The relevant material is covered in any interm
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huitzitziltzin
2y ago
Yup, looks like the one I meant! I am impressed by the progress on LLMs but I remain skeptical that they can replace humans. Perhaps some (distant!) future model but I don’t fear mass unemployment (for example) or even moderate LLM-driven u
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huitzitziltzin
2y ago
This result is the same as a recent test of the same method+hypothesis from a group at Apple, no? I don’t have that reference handy but I don’t think I’m making it up.
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huitzitziltzin
2y ago
No one wants to look at actual data to confirm the claim in the headline? https://fred.stlouisfed.org/series/SFXRSA Nothing like that claim appears to be true.
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huitzitziltzin
2y ago
Interestingly this and other cases like it suggest that one of the most valuable skill some scientists have is photoshop.
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huitzitziltzin
2y ago
If you haven’t read them, they’re all worth the time. Especially if you ever have lived or will live in Texas the first volume of the LBJ series is essential.
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huitzitziltzin
2y ago
Game theory works.
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huitzitziltzin
2y ago
Actually I’m going to add to your reading list: “ A Study of Cartel Stability: The Joint Executive Committee, 1880-1886” By Rob Porter (northwestern) That paper is a classic and I hope porter gets the Nobel prize for the work he has done. I
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huitzitziltzin
2y ago
Well… what do you want to happen ? You can publish some correlations between prices. (Remember there is no known method where you can look at a time series of prices across stores and say “that’s collusion!”). And hey if you have 10,000
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huitzitziltzin
2y ago
Assuming you’re the author (and again this is a nice idea!) there is a paper you should check out. This paper: https://www.aeaweb.org/articles?id=10.1257/aer.20170116 Is the best case scenario (=easiest) for the exer
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huitzitziltzin
2y ago
No. They have to know what they are doing. Also imagine the false discovery rate of <whatever analysis you think you can do> with the thousands of products which exist in a grocery store! “Ah look we found collusion in salty snacks b
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huitzitziltzin
2y ago
Canadian economics departments are full of really smart economists. They are happy to help. The issue here has nothing to do with the size of the data. A grocery store will have 100,000 products at most, probably sets prices about week
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huitzitziltzin
2y ago
‘’’ Reach out to me (email “jacob” at this website) if: You can do economic analysis of pricing data, and especially the interaction/correlation of multiple streams of prices across time ‘’’ The item in that quote is significantly, si
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huitzitziltzin
2y ago
Sorry but ed feser is regarded as a lunatic by most professional philosophers. He is a man of strange opinions. Not necessarily about this problem but his average opinion on an average topic is on the lunatic fringe.
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huitzitziltzin
2y ago
This behavior just doesn’t matter for the overall real estate market. Sorry. It’s easy to hate but it’s totally irrelevant to prices overall. It is far too small. Here’s a chart prepared by a real estate research firm, linked by a housi
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huitzitziltzin
2y ago
What’s “safety” here? I don’t intend the question to be trolling. What’s the risk of bringing back a wooly mammoth? Sure it could die of a weird disease bc we didn’t have the full genetic code. And yeah I’m equally unconvinced from the
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huitzitziltzin
2y ago
Deeply superficial musings about AI and the labor market, all while missing very basic points about the substitutability (or not!) of labor and capital. Very safe to skip!
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huitzitziltzin
2y ago
That’s totally irrelevant. The jobs were not there due to a measurement issue. The measurement is in any event very hard to do.
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huitzitziltzin
2y ago
It would have been so amusing to hear a bunch of Roman construction workers swear really fluently in Latin when they discovered the first one had collapsed. That’s the kind of stuff Cicero never wrote down.
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huitzitziltzin
2y ago
Man I love this first paragraph. Love it. “Quantitative analysis of social data has an alluring exactness to it. It allows us to estimate the average number of minutes of YouTube videos watched to the millisecond, and in doing so it gives u
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huitzitziltzin
2y ago
Amusingly does not work for safari on iPhone. Ok ok I have the maps app and that’s what they want me to use but if I am on mobile now and I want to click to check it out right now… well, maybe I won’t come back to try it later, guys?? Feel
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