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eigenrobot's profile
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eigenrobot

@eigenrobot

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eigenrobot.substack.com
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    1. eigenrobot‏ @eigenrobot Aug 29

      eigenrobot Retweeted Maia

      annals of fitting a trend line to a unit root series with an exponential trend right before a major downturnhttps://twitter.com/EGirlMonetarism/status/1431990990634618880 …

      eigenrobot added,

      Maia @EGirlMonetarism
      pic.twitter.com/bt2R5IICqZ
      Show this thread
      7 replies 2 retweets 142 likes
      Show this thread
    2. eigenrobot‏ @eigenrobot Aug 29

      no complaint about the qt'd poster! i just think that "recovery to pre-crisis trend" is (i) not obviously possible accepting arguendo that that was the trend, and (ii) that the way the trend was selected was probably ill-conceived

      3 replies 0 retweets 42 likes
      Show this thread
    3. eigenrobot‏ @eigenrobot Aug 29

      like eyeballing fitting a trendline to a period ending right before any downturn in the series would produce a massive and permanent "output gap"

      2 replies 0 retweets 40 likes
      Show this thread
    4. eigenrobot‏ @eigenrobot Aug 29

      do i believe those are "real" possibilities had we avoided crises forever. I mean probably not does any monetary policy seem likely to have been able to close those gaps. seems like no "true monetary policy has never been tried" you got me there

      5 replies 0 retweets 39 likes
      Show this thread
    5. Alex Godofsky‏ @AlexGodofsky Aug 29
      Replying to @eigenrobot

      it hasn't though

      1 reply 0 retweets 7 likes
    6. Alex Godofsky‏ @AlexGodofsky Aug 29
      Replying to @AlexGodofsky @eigenrobot

      get back to ngdpp trend and we'll find out how much of the real gap is permanent

      1 reply 0 retweets 7 likes
      eigenrobot‏ @eigenrobot Aug 29
      Replying to @AlexGodofsky

      and you believe this garbage

      2:48 PM - 29 Aug 2021
      • 4 Likes
      • Sirsfurther :•: LQB Alex Godofsky
      2 replies 0 retweets 4 likes
        1. Alex Godofsky‏ @AlexGodofsky Aug 29
          Replying to @eigenrobot

          no endorsement of the specific chart absolutely endorse the idea that costs of bad mp are asymmetric do endorse the general idea of output gap charts

          0 replies 0 retweets 4 likes
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        1. New conversation
        2. Steven Godofsky‏ @sgodofsk Aug 29
          Replying to @eigenrobot @AlexGodofsky

          https://www.jec.senate.gov/public/index.cfm/republicans/2020/9/stable-monetary-policy-to-connect-more-americans-to-work …

          1 reply 0 retweets 6 likes
        3. eigenrobot‏ @eigenrobot Aug 29
          Replying to @sgodofsk

          pic.twitter.com/fgzGQFA0Y5

          1 reply 0 retweets 15 likes
        4. Show replies

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