Pedro Franco de Campos Pinto

@PedroFdCP

Assist Prof in Economics. Financial Macro. Poli Sci. And other stuff. Also Corinthians and Liverpool fan.

Vrijeme pridruživanja: siječanj 2020.

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  1. 1. velj

    It's not new to anyone, but it's remarkable how juggling a baby, and teaching, and service and research is far more difficult than you imagined. Not inconceivable. Just intense. Consuming. You sacrifice time previously devoted to things you held very dear. It's worth it.

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  2. proslijedio/la je Tweet
    28. sij

    Today, I'd like to give a shout-out to those JMCs who haven't gotten any first-round flyouts. I was right there among you 5 years ago.

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  3. proslijedio/la je Tweet
    23. sij

    Combined with the typical 5 years from start of assistant profs until the tenure package is due (i.e. 6 yr tenure clock), this represents a real problem...

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  4. 20. sij

    I'm getting a bit rambly, so to sum up, here are my questions Is what I've written above incorrect? Has the EE depreciated in importance in the most modern DSGE? Or is still at the heart of it, playing a big role? And if the latter, has the evidence against the EE changed? 7/7

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  5. 20. sij

    Now I am aware of HANK and other ways we can break the EE, but not that well. I haven't focused on DSGE modelling in a few years. So I could be wrong. Even then, it seems that these new transmission mechanisms are patching things. I.e., making it work despite the EE. 6/

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  6. 20. sij

    And there's some truth to the basic intuition of the EE. Changing interest rates may lead to some reoptimization. Overall, though, I don't trust EE very much. Which bothers me. 5/

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  7. 20. sij

    Still, I'll be frank. I don't reoptimize constantly along the EE. I don't even come close. And I honestly don't think other people do either. The gut feeling for EE is off. But I don't know if I can describe mathematical what I believe people do in practice. 4/

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  8. 20. sij

    But I get the reason we keep it. It's well understood, fairly easy to model and we know how to get dynamics that seem to work. Plus, everyone does it and there's not that many clear alternatives. 3/

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  9. 20. sij

    Let me explain. By this point, I think many people are aware of the limitations of EE. It doesn't fit the data well, to use it empirically you need shifting preferences, it's a bit of a mess. 2/

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  10. 20. sij

    Let me try to use Twitter for the . Something that's bothered me for a long time. Fellow macroeconomists, how much does having the Euler equation at the heart of the transmission mechanism of interest rates bother you in DSGE models? 1/

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  11. 18. sij

    【Date】January 21(Tue) 16:30-18:00 【Venue】Conference Room #1 on the 10th floor, the 3rd Building, Waseda Campus 【Speaker】Pedro Franco de Campos Pinto (Musashi University) and Kuniaki Nemoto (Musashi University) 【Title】Civility and Hostility in Parliamentary Politics

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  12. 18. sij

    Hi Twitter, Kuni and I are presenting our joint paper on civility in parliamentary politics this Tuesday, at Waseda, per the information below. If you like NLP methods applied to emotions, and want to come, please feel free to do so!

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  13. 13. sij

    An article about Musashi that has a photo of me!

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  14. 10. sij

    And then I have to follow up my first tweet with this second one. I should note that the comment section is very illuminating.

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  15. 9. sij

    For my first tweet ever (not counting replies or a few deleted ones), here's a pretty surprising result, because of the immense effect:

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