Information Transfer Economics

In the discussion of the RCK model on these two posts I realized the Euler equation could be written as a maximum entropy condition. ...

There has been some fun and interesting discussion of the Ramsey-Cass-Koopmans [RCK] model on this post of mine . Sorry to those in the dis...

From my post Keynesian economics in three graphs There seem to be a lot of closet Keynesian monetarists out there. I noticed that a ...

Scott Sumner says that we had a half a trillion dollars in deficit reduction from 2012 to 2013: At the time, I was under the misapprehe...

Also in Romer's Advanced Macroeconomics is the Ramsey-Cass-Koopmans model (here is Wikipedia 's version). It has some of the same ...

Using the partition function approach of this post , I looked at the distribution of inflation rates given a log-normal distribution of mo...

Fixed this ( borrowed ) graphic per the comment below. Nick Rowe has a great post up today that really lays out the prior behind mo...

I was reading  Noah Smith at Bloomberg View : For example, consider the work of rising stars Emi Nakamura and Jon Steinsson of Columbia ...

The basic premise of information transfer economics: if I shake one end of a jump rope tied to a tree in Morse code, the tree feels...

I was excited to see new forecasting from the new Bank of England blog (H/T to Simon Wren-Lewis ), but unfortunately (for me) the result is...