Assistant Professor of Economics at St. Olaf College. Macroeconomic expectations, monetary policy, Treasury markets, #TeachEcon
Views expressed here are not those of my employer.
https://estruby.github.io/
Ethan Struby
me and the boys
"Private sector companies have better and more timely data insights than the public sector data provides" - CEOs will say this, but their own analysts also rely heavily on official data. Business economists know (much) more about BLS data and methods than most economists do.
Me: its time to open up this pit!
Construction Contractor: please, no
This is real GDP per capita growth since 2007. US growth is something like 1.3% per year; the UK is almost zero.
This paper finds that economists whose job market papers report (marginally) statistically significant results are more likely to secure academic jobs. Hiring committees prefer statistical significance; this creates incentives for researchers to p-hack.
the macroeconomy is not a particular firm where the CFO can direct their staff to send the latest copy of a spreadsheet
absolutely DESTROYING the political science majors in my sci-fi book club group chat
Look, I don't personally carry out surveys, and I understand response rates dropping are a real challenge. I'm all for the Fed trying to figure out ways to improve how it collects data. But, like, what're we talking about? I don't know that there's an off-the-shelf solution that makes sense
i know just the man for the job
if only there were a way to collect information from a lot of those CEOs at once!
www.wsj.com/livecoverage...
