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soroushs.bsky.social
Economics phd candidate @ LSE, macroeconomics (with focus on heterogeneous saving and investment)
20 posts 68 followers 118 following
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I couldn't agree more! The excessive focus on linearized solutions to HA models is a bit like the old joke about the drunk who is looking for a key under a lamppost because that's where the light is. More discussion of why we need non-linear models and ways forward here benjaminmoll.com/challenge/

THREAD 🧵: A Concerning Trend in the Heterogenous-Agent (HA) Macro Literature 1/n A growing class of computational algorithms makes heavy use of linearization methods to solve HA models. Two key benefits are emphasized: (i) (extreme) speed & (ii) allows many state (aggregate) variables. ++ #econ

Recently accepted to @reveconstudies.bsky.social, "Industrial Policy Implementation: Empirical Evidence from China’s Shipbuilding Industry" from Barwick, Kalouptsidi and Bin Zahur: www.restud.com/industrial-p...

PLEASE RT :) Submit to the annual Network Science and Economics Conference, the largest US event for network theory and empirical research in and adjacent to economics Deadline Jan 30 (soon!) Conference Apr 11-13 at Stanford

13 big stories we'll be covering on Odd Lots in 2025. In the newsletter today, @tracyalloway.bsky.social and I took a stab at anticipating this year's big topics.

I've recently been talking a bit about how difficult it is to carefully check even well-written mathematics. I want to try to explain something about this by telling the story of some errors in the literature that (in part) led to the two papers below. 1/n

In economics, editors, referees, and authors often behave as if a published paper should reflect some kind of authoritative consensus. As a result, valuable debate happens in secret, and the resulting paper is an opaque compromise with anonymous co-authors called referees. 1/

Two Fed economists developed this quantitative index by extracting conflict-related #sentiment conveyed by 10 major global newspapers, chart @morganstanley1.bsky.social

Some of my thoughts on OpenAI's o3 and the ARC-AGI benchmark aiguide.substack.com/p/did-openai...

Recently accepted to #REStud, ``Worker Mobility in Production Networks,'' from Cardoza, Grigoli, Pierri and @cianruane.bsky.social : www.restud.com/worker-mobil...

Discover how #TidierPlots.jl is bringing ggplot2 functionality to Julia! In this talk, learn about its origins, development challenges, and how Julia’s design extends the capabilities of this powerful #data #visualization tool. youtu.be/33yik1ciUWE?... #JuliaLang #MachineLearning #Juliacon

Here’s my job market paper ‘Household Liquidity Policy’, joint with Patrick Moran at the FRB

Want to solve heterogeneous-agent models with multiple endogenous state variables, say a multi-asset HANK model? @soroushs.bsky.social and @patricksecon.bsky.social developed a much-improved finite-difference scheme for such problems: github.com/SSabet/Neste... Also here benjaminmoll.com/codes/

🚨 New paper🚨 Liquidity crises have become common in the non-bank financial sector. One reason is LASH risk. With awesome coauthors Laura Alfaro, Saleem Bahaj, Robert Czech and Ioana Neamtu #econsky (1/11)

One more week to apply for our predoc program! #econsky #econ_ra

Last call for the "Macro at LSE" predoc opportunity - apply THIS WEEK if you would like to work in London on cutting-edge macro with Ben Moll, Joe Hazell, Ethan Ilzetzki, Ricardo Reis, and me! t.co/cBdznWii1Y @econ_ra #EconSky @benmoll.bsky.social

Now that @benmoll.bsky.social has gotten everybody's attention, let me tell you about the JMP of my brilliant student Michael Cai, which deals directly with Ben's challenge: How can we model expectations in HA models in a way that is both tractable and consistent with the evidence? #EconSky

New here and happy to share my job market paper! "Bad Bank, Bad Luck? Evidence from 1 Million Firm-Bank Relationships" We build a large novel dataset on US firm-bank relationships to ask the question “How do bank failures affect small business survival and employment?” A🧵summarizing our findings:

Since I am suddenly inundated with statistics-oriented followers, I should post again that I am still conducting free weekly open office-hours for anyone in the world with Econometrics questions, Wed 10-12AM Eastern or by appointment. Details and sign up at donskerclass.github.io/OfficeHours....

Recently accepted to #REStud, ``The Long-Run Labor Market Effects of the Canada-U.S. Free Trade Agreement,'' from Kovak and Morrow: www.restud.com/the-long-run...

New paper: benjaminmoll.com/challenge/

If you're interested in trying out LLMs in #rstats but don't know where to begin, I've added a few two vignettes to elmer: elmer.tidyverse.org/articles/elm... and elmer.tidyverse.org/articles/pro...

🚨 Excited to share my job market paper! “Cash transfers and women’s labour supply: evidence from the world’s largest programme” (drive.google.com/file/d/1ksDE...) It has been awarded the EEA/Unicredit Foundation’s Best JMP Award. A thread summarising my findings 👇: (1/13)

🚨 Paper update 🚨 𝗧𝗵𝗲 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗞𝗲𝘆𝗻𝗲𝘀𝗶𝗮𝗻 𝗖𝗿𝗼𝘀𝘀 - with @adriencouturier.bsky.social & @rustamjamilov.bsky.social Does regional heterogeneity matter for monetary policy? We provide a theoretical, empirical & quantitative investigation. Link: dropbox.com/scl/fi/injql... Thread🧵 1/11 #EconSky

‘Monopolies always raise concerns about high prices, low innovation and—if the monopoly position may be challenged—possible abuses of dominant position against potential rivals. Tech giants are no exception.’ Jean Tirole | IFS Deaton Review academic.oup.com/ooec/article...

Hello @bsky.app from the #JuliaLang community! We're excited to start posting here on Bluesky in addition to our other social media, all of which can be found here: julialang.org We'll keep you updated on our fantastic community, our conferences, #JuliaLang updates, and more on this profile!

Free registration coupon for my Data Science with Julia course in Udemy. I hope you enjoy. bit.ly/3Z6lT4t #JuliaLang #DataScience

I have been writing away on the well-being of the young and now have papers on the us the uk Latin America Africa and Eurasia and Oceania This is a big deal cell phones and the internet are hurting the young thru cyberbullying Time to act Papers here sites.dartmouth.edu/blanchflower/

Just back from giving a talk to 2nd year students on how to approach research, how to write a paper. Abhijit was coming after me (good thing he didn't go first, tough act to follow!) Here are my slides... www.dropbox.com/scl/fi/0pm2m...

REStud NA Tour 2024 was concluded earlier this month. Huge thanks to our wonderful hosts, ASU @wpcareyschool.bsky.social, UMD @univofmaryland.bsky.social, & WUSTL. And best wishes to our tourists Fabre, Hugo, @milanq.bsky.social, Richard & Moisson with the rest of their career.

Our co-director @dacemoglumit.bsky.social is hiring a Research Manager at J-PAL South Asia, to work with him and co-PIs Ananya Kotia and Utkarsh Saxena on 3 projects related to AI, judicial state capacity, and microdata in India. Learn more and apply: jpalsouth.asia/jobsPage?ID=... #EconSky

📯 Job Market Paper Alert 📯 Private businesses make up 50% of sales & profits and are the main wealth component of the wealthiest households. So, what is their value? Well, that's difficult, since they're not listed: their value is unobservable by definition! My #EconJMP tackles this problem 1/

Don't forget to tune in to Abdoulaye's seminar today at 15:30 London time! #EconSky

How can researchers write accessible summaries of academic papers? After editing ~350 @voxdev.bsky.social articles, I hopefully have something useful to say. Here are the key takeaways from editing first drafts of academics trying to write for policy audiences 🧵 1/10