Paul Krugman

@paulkrugman ↗

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Last Checked May 11, 2021

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Tue Apr 07 13:58:19 +0000 2020

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Paul Krugman @paulkrugman

That is, they deal with dynamics by putting all shocks in period zero, then assume an unchanging future, which lets them do a quasi-one-period model. 5/ — PolitiTweet.org

Posted April 7, 2020 Hibernated

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Paul Krugman @paulkrugman

I have, however, failed in (b) — which is great. The authors have followed the strategy I always push, of model with minimum number of moving parts, using in particular a trick I used in my old liquidity trap paper 4/ https://t.co/ZEILV7bKNj — PolitiTweet.org

Posted April 7, 2020 Hibernated

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Paul Krugman @paulkrugman

Imitation is the sincerest form of flattery, so I just wrenched my arm patting myself on the back. On the other hand, maybe what this shows is that I'm an old dog without any new tricks, and the whippersnappers know everything I know plus 6/ — PolitiTweet.org

Posted April 7, 2020 Hibernated