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t0nyyates's profile
Tony Yates
Tony Yates
Tony Yates
@t0nyyates

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Tony Yates

@t0nyyates

Economist on the interweb. Bit of consulting + not writing a book. Ex Prof at Bham, Ex BoEngland old-timer. Macro, policy, monetary econ, occasional nonsense.

London
longandvariable.wordpress.com
Joined February 2009

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    1. Noah Smith‏ @Noahpinion 26 Nov 2013

      Ed Prescott, famous for purging econometricians from his department, calls the Minnesota Fed purge "crazy":http://blogs.wsj.com/economics/2013/11/26/nobel-winning-economist-calls-minneapolis-fed-shakeup-crazy/ …

      2 replies 3 retweets 8 likes
    2. Adam Posen‏ @AdamPosen 27 Nov 2013
      Replying to @Noahpinion

      Beyond hypocrisy, what was crazy was any part of Fed system subsidizing this nonsense. I know you like 'em @Noahpinion but DSGEs are harmful

      2 replies 2 retweets 2 likes
    3. Tony Yates‏ @t0nyyates 27 Nov 2013
      Replying to @AdamPosen

      @AdamPosen @Noahpinion the freshw's provided methodological externalities, despite their controversial stance on substance.

      1 reply 1 retweet 1 like
    4. Adam Posen‏ @AdamPosen 27 Nov 2013
      Replying to @t0nyyates

      Those methodologies were without merit and caused real harm @t0nyyates @Noahpinion Calibration and microfoundations are pernicious nonsense

      2 replies 1 retweet 1 like
      Tony Yates‏ @t0nyyates 27 Nov 2013
      Replying to @AdamPosen

      @AdamPosen @Noahpinion dont be distracted by calibrat. its a sideshow by many [eg christiano] not even recognised as a separate approach.

      10:35 AM - 27 Nov 2013
      0 replies 0 retweets 0 likes

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