Paul Krugman

@paulkrugman ↗

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Thu May 02 20:32:39 +0000 2019

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Paul Krugman @paulkrugman

And Nakamura's work is directly relevant to key disputes in the field. Her most influential work involved producing new evidence on price rigidity, aka sticky prices – the fact that many prices stay constant for fairly long periods 4/ https://t.co/mMG9TupPYR — PolitiTweet.org

Posted May 2, 2019 Hibernated

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Paul Krugman @paulkrugman

But policy advocates are supposed to at least be aware of relevant scholarship. Anyone who seriously cares about macroeconomics has been following Nakamura's work with Jon Steinsson for years. Here's me a few years ago 3/ https://t.co/Hi1mRpGo8K — PolitiTweet.org

More important new research from Nakamura/Steinsson (who have been doing amazing work) and others: https://t.co/nw6oClqa7I

Posted May 2, 2019 Hibernated

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Paul Krugman @paulkrugman

Such price rigidity is central to the argument that monetary policy should focus on core inflation, which excludes volatile food and energy prices, rather than headline inflation – a concept Moore has said he finds incomprehensible 5/ https://t.co/1iMXZWocjv — PolitiTweet.org

Posted May 2, 2019 Hibernated