Some principles for teaching
Some principles for teaching
Essays | Basil Halperin
Essays | Basil Halperin
Latest posts
How much of Chinese growth is TFP growth vs. merely Solow catch-up growth?
How much of Chinese growth is TFP growth vs. merely Solow catch-up growth?
The Solow Model is overrated (for explaining catch-up growth)
The Solow Model is overrated (for explaining catch-up growth)
Miscellaneous things I learned in [econ] grad school
Miscellaneous things I learned in [econ] grad school
AGI and the EMH: markets are not expecting aligned or unaligned AI in the next 30 years
AGI and the EMH: markets are not expecting aligned or unaligned AI in the next 30 years
Against using stock prices to forecast AI timelines
Against using stock prices to forecast AI timelines
Explaining Tyler Cowen’s Third Law
Explaining Tyler Cowen’s Third Law
Monetary policy in 2050: evidence from Metaculus
Monetary policy in 2050: evidence from Metaculus
Newcomb’s problem is just a standard time consistency problem
Newcomb’s problem is just a standard time consistency problem
Recessions are always and everywhere caused by monetary policy
Recessions are always and everywhere caused by monetary policy
School and teen suicide
School and teen suicide
It was a mistake to switch to sticky price models from sticky wage models
It was a mistake to switch to sticky price models from sticky wage models
What kind of ‘growth’ slowdowns should we care about?
What kind of ‘growth’ slowdowns should we care about?
The real problem is also nominal
The real problem is also nominal
The "Efficient Restaurant Hypothesis": a mental model for finance (and food)
The "Efficient Restaurant Hypothesis": a mental model for finance (and food)
Behavioral biases don't affect stock prices
Behavioral biases don't affect stock prices
Yes, markets are efficient – *and* yes, stock prices are predictable
Yes, markets are efficient – *and* yes, stock prices are predictable
NGDP targeting and the Friedman Rule
NGDP targeting and the Friedman Rule
Monetary misperceptions, food banks, and NGDP targeting
Monetary misperceptions, food banks, and NGDP targeting
Loss aversion is not what you think it is
Loss aversion is not what you think it is
The Fed's preferred model says that now is not the time to raise rates
The Fed's preferred model says that now is not the time to raise rates
A practical critique of NGDP targeting
A practical critique of NGDP targeting
Updated Romer and Romer (2008): Or, the FOMC is Still Bad at Forecasting – In One Chart
Updated Romer and Romer (2008): Or, the FOMC is Still Bad at Forecasting – In One Chart
Updated Romer and Romer (2004) Measure of Monetary Policy Shocks
Updated Romer and Romer (2004) Measure of Monetary Policy Shocks
About: Confidence levels
About: Confidence levels
Best essays
Best essays