Christopher Sims' talk was published here 8 years ago, in the middle of a slow recovery from a very bad recession. Economics was getting criticized heavily in the media and even many economists spoke out against some of the models we use at the time. I am quite confident we can conjure up a video of radical criticism of DSGE models with hundreds of thousands of views and hundreds of comments in matters of seconds. Sims makes a sound, nuanced point that is worth hearing about and does so in a way that is rather accessible to non economists. It's not spectacular and it's just a confence, so the video gets 10K views and 4 comments...
Christopher Sims' talk was published here 8 years ago, in the middle of a slow recovery from a very bad recession. Economics was getting criticized heavily in the media and even many economists spoke out against some of the models we use at the time.
I am quite confident we can conjure up a video of radical criticism of DSGE models with hundreds of thousands of views and hundreds of comments in matters of seconds. Sims makes a sound, nuanced point that is worth hearing about and does so in a way that is rather accessible to non economists. It's not spectacular and it's just a confence, so the video gets 10K views and 4 comments...
this was one of the most interesting speeches about DSGE models
when you use dsge, people criticize you...when you use reduced form models, people criticize you. What to use? Use both or none...maybe.
Intresting, hes in my school right now! Lol amazing :P
In which school u r
Malkovich got the oscar? I mean the Nobel?
indeed he did.
He got Nobel in 2011.....