Florin Bilbiie 🇪🇺 🇺🇦 @FlorinBilbiie Twitter profile

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Florin Bilbiie 🇪🇺 🇺🇦

4 years

1/n "HANK Made Easy" Lecture notes/slides on Macro Policies in THANK (Tractable HANK). Having had to cancel several courses, I am sharing publicly the slides I use to teach TANK and (T)HANK

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

This fully-specified model fits all the observations and thus constitutes a plausible explanation of what's going on.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

True story

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

Oldie-goldie 2007 Berkeley graduation speech by Tom Sargent, the best concise summary of econ I read (12 points) "Economics is organized common sense. Here is a short list of valuable lessons that our beautiful subject teaches. 1. Many things that are desirable are not feasible.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

So ... Republic vs Monarchy

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

It then follows immediately/can easily be shown that:

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

How about this for a logo/cover

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

7000 euros per *second*. One million every ~2 minutes. One billion every day and a half. (That’s what EU countries pay Russia for gas and oil.)

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

New Paper! "Downward Wage Rigidity Matters" by Lionel Messi

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

A quarter century ago, a student in Romania, this would have sounded like a good (bad?) April’s Fool joke. I am happy, excited and (reverse) humbled to join the University of Cambridge (UK :) ). Enough said. The right words are hard to find, but also hardly needed. 1/3

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

Happy to announce I will be replacing Robert Barro as QJE Editor.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

More bragging. 𝗧𝗵𝗲 𝗡𝗲𝘄 𝗞𝗲𝘆𝗻𝗲𝘀𝗶𝗮𝗻 𝗖𝗿𝗼𝘀𝘀, 𝘑𝘰𝘶𝘳𝘯𝘢𝘭 𝘰𝘧 𝘔𝘰𝘯𝘦𝘵𝘢𝘳𝘺 𝘌𝘤𝘰𝘯𝘰𝘮𝘪𝘤𝘴 2020, was selected by the Editors for the 𝗕𝗲𝘀𝘁 𝗣𝗮𝗽𝗲𝗿 𝗔𝘄𝗮𝗿𝗱. This is a personal thread on its genesis and journey. 1/N

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

So people will finally realize Peter Diamond and Doug Diamond are two different people.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

4 years

New short paper, "Social Distancing According to TANK": "Assume there are two types of agents. Stay away from both." End.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

1 year

"You are an economist? Maybe you can give me some hints about making money." "Oh no, I am very bad at everything that has to do with money--and that's okay for the kind of economics I do." "What kind of economics do you do?" "Monetary economics".

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

1 year

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

9 months

Exciting new paper with Diego Känzig @drkaenzig : “Greed? Profits, Inflation, and Aggregate Demand”, studying the interplay of corporate profits & income distribution in shaping inflation and aggregate demand within the New Keynesian framework: CEPR DP 1/n

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

5 months

I am incredibly happy, grateful, and honored to receive the Nicholas Georgescu-Roegen Prize for Economics by the Romanian Academy--the highest cultural forum for sciences, arts, and letters in Romania (our version of the “Académie Française”). 1/4

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Thrilled that my paper “Neo-Fisherian Policies and Liquidity Traps” has just been accepted at the AEJ: Macro. It has been around for ~3 years, but in the making much longer, >10 years ... 1/n

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

The sudden realization that the 1st year undergraduate students to whom you are telling about the 2008 Great Recession were like 5-6 year old at the time ...

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

A simple formula for the optimal tax rate τ (say, on wealth). Set it such that: S(τ)=0, where S(.) is "propensity to go to Space".

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

1 year

Old news but: "Keynesian" vs "Chicago" is no longer a thing and has not been a thing for some decades (unless" you clearly weren't there"). There is good macro, and there is bad macro.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

11 months

Very rare to see this level of Tayloring nowadays, even on the wealthy.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

You folks go to Italy and (try to) get a taxi, then tell me if Uber is a good or a bad thing.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

PS note the dynamic general-equilibrium nature of it.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Very impressed by @TimTkehoe 's distant first place in this ranking of giants. More than 100 advisees! Impressive and inspiring, especially if you know who some of those are... (poke @MortenORavn @KrusellPer @fabrizio_perri also featured in this top)

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

'Tis that time of year

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Perhaps the Swiss government is trying to increase GDP/capita by decreasing the denominator.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

on closer inspection, the model does seem to have some fishy elements

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

-Dad, why is my sister's name Nadia? -Because your Mom loves gymnastics and there was this gymnast, first 10 in history, etc. -Thank you Dad! -You are welcome, Mas-Colell Whinston Green!

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

Laughing dictionary: hahahaha (most languages) ahahahah (Italian) jajajaja (Spanish) xaxaxaxa (Greek) kkkk (Brazilian Portuguese) 5555 (Thai) Do complete

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

4 years

Who is washing the Invisible Hand?

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

So yeah, helping vaccinate Africa is in your interest too.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

Micro with Macrofoundations: the next frontier.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

4 years

You know all these (so many) brilliant Italian economists in the top US and European departments? You can trace most of them back in some way to Alesina, Giavazzi, and Tabellini. Such an enduring intellectual heritage.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

translation: "I am NO Putin fan, but let's be honest: I actually am".

Mariana Mazzucato

@MazzucatoM

2 years

I’m NO Putin fan, but let’s be honest: What would the United States do if Mexico, on it’s border, joined some sort of Russian and/or Chinese security alliance? ⁦ @JeffDSachs ⁩ provides wise advice: US should compromise on Nato to save Ukraine.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

There is no well-accepted justification for having such strong opinions on things one knows so manifestly little about. A little modesty would go a long way here.

Noah Smith 🐇🇺🇸🇺🇦

@Noahpinion

2 years

200bps rate hike. There is no well-accepted theoretical justification for smoothing interest rate increases. Go directly to the optimal level.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

1/n Need holiday reading? New paper w/ 𝐌𝐚𝐫𝐜 𝐌𝐞𝐥𝐢𝐭𝐳: "𝐴𝑔𝑔𝑟𝑒𝑔𝑎𝑡𝑒-𝐷𝑒𝑚𝑎𝑛𝑑 𝐴𝑚𝑝𝑙𝑖𝑓𝑖𝑐𝑎𝑡𝑖𝑜𝑛 𝑜𝑓 𝑆𝑢𝑝𝑝𝑙𝑦 𝐷𝑖𝑠𝑟𝑢𝑝𝑡𝑖𝑜𝑛𝑠: 𝑇𝘩𝑒 𝐸𝑛𝑡𝑟𝑦-𝐸𝑥𝑖𝑡 𝑀𝑢𝑙𝑡𝑖𝑝𝑙𝑖𝑒𝑟" Slides A Thread

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

Ben Bernanke was also a pioneer in the literature on investment under uncertainty (option values, etc.). E.g. this 1983 (!! before Dixit, Pindyck, Bertola etc.) @QJEHarvard article.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

1 year

Lucas' top five most cited papers. Notice: 1. all single-authored (like much of his work) 2. outlets

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

I hope to live to see the day when this stops happening.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

note 2: the model is pretty linear. It does have (sort of) heterogeneous agents though.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

New Paper! (version …) HALT: Heterogeneous-Agent Liquidity Traps Looks at liquidity traps analytically, using the tractable (T)HANK model I developed in separate work; nests other analytical HANKs too. What does HA do to LT? 1/n

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Your password needs to contain 10-20 characters, 1 majuscule, 1 minuscule, 1 number, symbol #*, 1 Cyrillic, 1 Greek letter, 1 Sanskrit, 1 Chinese symbol, 1 hieroglyph, a limerick, a haiku, one of the fundamental equations in math or physics, a theorem, and the Holy Grail.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

I'm not objective, but Diego is objectively a star. Solo AER macro time series, cool (if I may say) JME RR macro theory, widely cited EER w/ micro data during COVID. Outstanding JMP blending all 3 lodes to address 2 hot issues, climate & inequality. Talk to him, you'll see.

Diego Känzig

@drkaenzig

3 years

As the COP26 summit heads into overtime, let me take this opportunity to tell you a bit more about my job market paper: "𝗧𝗵𝗲 𝘂𝗻𝗲𝗾𝘂𝗮𝗹 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗰𝗼𝗻𝘀𝗲𝗾𝘂𝗲𝗻𝗰𝗲𝘀 𝗼𝗳 𝗰𝗮𝗿𝗯𝗼𝗻 𝗽𝗿𝗶𝗰𝗶𝗻𝗴" JMP link: #EconTwitter

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Warning: bragging Very proud of my 2008 JET paper that introduced the analytical TANK model and happy when it gets recognized. It's the most cited JET published that year Most flattering 22nd all-time most “relevant” (def below). The company is humbling and somewhat dizzying. 1/2

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Varoufaksplaining: when a Varoufakis fan you just met in Greek taverna explains to you, a professor in macroeconomics, how the economy works, economics is Evil, and all that.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

4 years

In light of the Federal Reserve’s recent move towards Price Level Targeting PLT(-ish), a reminder of this paper where I show (among other things) this policy’s virtues in T(ractable)-HANK Two such virtues: 1/n

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

When they said "standing on the shoulders of giants" ...

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Positive TFP shock happening as we speak (Facebook, Whatsapp, Instagram down).

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

12. Because market prices aggregate traders’ information, it is difficult to forecast stock prices and interest rates and exchange rates." That's it. So beautiful. (was reminded of it by a fcbk post reposted by Francesco Lippi)

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

Can't help thinking that the tragedy in Ukraine today is a result of a lack of post-communist “never again” . A lack of acknowledgement of the depth and gravity of the mass tragedy we suffered for decades in that part of the world, and of the correction necessary thereafter. 1/2

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Reminder

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Overly excited to spend the rest of the academic year at Cambridge as a visiting professor and “director of research”, starting in January. Looking forward to two productive terms! @Cambridge_Uni @CamEcon @janewayinst

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

4 years

Flatten the curve! Source:

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

28 days

River Kenna

@the_wilderless

29 days

What's a book that changed your life? Not subtly, I'm talking about the lightning strikes

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

1 year

Stokey and Lucas, with Prescott

elisa

@kissyvolkov

1 year

name a book who destroyed you like that

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

1 year

Plot twist: the roads meet again beyond the hill, in a place called Macroeconomics.

Khoa Vu

@KhoaVuUmn

1 year

Which way, Western man

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Today is Keynes' death anniversary. And I confess that I did not know, or never noticed, one piece of information that appears here in the Wikipedia page: his height!

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

4. Everyone responds to incentives, including people you want to help. That is why social safety nets don’t always end up working as intended. 5. There are tradeoffs between equality and efficiency.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

10. When a government spends, its citizens eventually pay, either today or tomorrow, either through explicit taxes or implicit ones like inflation. 11. Most people want other people to pay for public goods and government transfers (especially transfers to themselves).

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

4 years

Argentina, rotated. Knew it was big, did not realize it was *this* big. Inspired by @JoseILopez 's map for Colombia. (they could have called it "size matters")

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

2. Individuals and communities face trade-offs. 3. Other people have more information about their abilities, their efforts, and their preferences than you do.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Professional announcement: stepping down as (co-)editor of the European Economic Review, EER. Due to personal reasons i.e. other changes that risked impacting my work as editor, it seemed fair that I step down in anticipation. 1/n

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

6. In an equilibrium of a game or an economy, people are satisfied with their choices. That is why it is difficult for well meaning outsiders to change things for better or worse.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

4 years

Perhaps we should have Nobel: Macro, Nobel: Micro, Nobel: Applied, & Nobel: Econ. Policy (wait, this reminds me of something )

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

1 year

Why have "economists" not worked on useful stuff like bank runs, liquidity, deposit insurance, etc. Totally your fault, economists.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 months

Humbled to report that I will join MIT as the Germinal Ershtfish endowed chair, starting on Sept 31st 2024.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 months

TANK, HANK, RBC, RANK

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

"Inequality and Business Cycles" Tune in tomorrow Fri 4.30 Boston time, see Giorgio @gprimice present our joint paper with Tamba @tamba_NYC at the NBER SI. Entire program is great (see youtube link) Draft Thread: next week (maybe).

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

I think what Draghi needs to do in Italy now is basically apply the conclusions of Ch. 3 of his 1976 MIT PhD thesis (HT @Undercoverhist ).

Ulysse Lojkine

@ULojkine

3 years

La thèse de Draghi, 1976, dirigée par Franco Modigliani. Mesure de la productivité, théorie de la dévaluation, arbitrage entre court et long terme. cc @Undercoverhist

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

@mckSt3ve Those important extensions are beyond the scope of the current study and left for future research.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Diego is a fantastic macroeconomist (and still a PhD student!) and this is his first paper. He even managed to put "American Economic Review" in bold italics in a Tweet, that's how good he is :) Lucky to be his coauthor!

Diego Känzig

@drkaenzig

3 years

Very happy to announce that my paper “The macroeconomic effects of oil supply news: Evidence from OPEC announcements” has been accepted at the 𝘼𝙢𝙚𝙧𝙞𝙘𝙖𝙣 𝙀𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙍𝙚𝙫𝙞𝙚𝙬. To celebrate, let me briefly summarize the main insights and conclusions (Thread).

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

This Halloween, I will dress as that second-order condition you forgot to check.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

10 months

DYNARE is Nobel-worthy imho. Hard to beat if you think of impact on the profession. (OK I may be a little biased, dearly remember sitting in some of those team meetings at Chevaleret, wondering what language these people were speaking :)) cc @MichelJuillard @DynareTeam

Beatrice Cherrier

@Undercoverhist

10 months

Who create new paradigms in economics? Not just famed theorists & modelers But also lesser-known econs who write computational algorithms & design software @cescoeco , A.Saidi & I wrote a history of how DSGEs became dominant. It's the history of Dynare

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

5 years

1/n Best issue to date ( :) ) of the AEJ Macro is out. Honored to have two papers (by coincidence) in it. One, with @FabioGhironi and Marc Melitz, started in 2004 (!), circulated since 2006, a normative companion to our 2012 JPE; the other, solo, started in 2015. Details follow

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

HANK/TANK -- DSGE -- NK -- RBC

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

You cannot be a macroeconomist without being a microeconomist (too), But you can be a microeconomist without being a macroeconomist.

Matt Darling 🌐🏗️

@besttrousers

3 years

@wb_thorne @Joshua_Z_Miller @coreeconteam If you aren't a macroeconomist before 20, you have no heart. If you aren't a microeconomist after 20, you have no brains.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

Here's to more of this in sports, science, arts etc. -- in life in general. (HT @jmgmoron )

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

I mean after Putin was so severely condemned and sanctioned internationally after the Navalny case, how did Lukashenko think he would get away with this. (Oh wait ...)

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

1 year

Self-citations be like

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

A little reminder of this Swiss Economists' Open Letter to the federal Government asking for (much) stricter measures in *early November*, 6 weeks ago. Deaths increased 2.5 times since then ...

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Exciting news and times for Economics in Europe! CEPR headquarters moving to Paris. Annual symposium (NBER SI-style) also in Paris -- like many of us have been "asking for" since long. @cepr_org

CEPR

@cepr_org

3 years

CEPR President @bweder announces a major expansion for Europe’s leading Economic Policy Research network. Today in Paris, le Ministère de l'Enseignement supérieur, de la Recherche et de l'Innovation (MESRI) hosted a ceremony to celebrate a declaration of partnership…

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

Maybe this is one thing we can teach our students

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

4 years

My contribution to an important topic #EconTwitter In my defense, Mike does use the word "Taylor" a lot in that book, and even has a paper with that word in the title. Coincidences? I don't think so!

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

A short interview on national TV in your home country, followed by the realization that *to your mother* that trumps any number of top publications, prizes, professorships, and honors.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

Seriously, we should now *encourage* rather than penalize the Russian scientists & artists (& their young followers) who have been dissenting voices for all these years. Give them shelter, because real profound change in Russia can only come from them, and that's what we want.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

11 months

In summer 2022, Marc & I did a major revision of this. New important findings, summary: a “reasonable” business-cycle model (=able to replicate some key comovements, see below) NEEDS ALL of: 1. Endogenous entry-exit 2. Sticky prices 3. Sticky wages 1/n

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

7. cont'd ... The lesson here is this: before you make a promise, think about whether you will want to keep it if and when your circumstances change. This is how you earn a reputation.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

Football, an inexhaustible source of counterexamples to transitivity.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

Excellent development, and I think there is still space for (not really joking): --RMS (Review of Macroeconomic Studies) --QJM (Quarterly Journal of Macroeconomics) --Macroeconometrica

Greg Kaplan

@GregWKaplan

2 years

Very excited to announce the launch of #JPEMicro and #JPEMacro - new journals in the #JPolEcon family! I will be initial Lead Editor of JPE Macro, with a fantastic set of editors: @cristinarellano , Anmol Bhandari, @arielburst Chris Tonetti @JoeVavra

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

Make no mistake, Putin was behind Brexit & the rise of all nationalistic governments in (esp. eastern) Europe (possibly behind Trump too). This is yet another step to dismantle Europe. It is about the integrity of Europe and NATO and I am baffled by the lack of swifter action.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

1 year

Did you know? If properly used, ChatGPT can be used to quickly solve and estimate HANK models. Here are the necessary steps. (A thread) 1/n

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

2 years

22 and a half years ago I took my very first flight, to London, to start an MSc. Now in 2022, sitting in seat 22A of a flight to London.

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

3 years

Tomorrow Tue 06.04 at 6pm Moscow time (5pm CET, 11am ET), presenting "Monetary Policy and Heterogeneity: An Analytical Framework": feedback welcome, in the middle of revising it! Joint CBR/HSE/NES seminar, join here:

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Florin Bilbiie 🇪🇺 🇺🇦

@FlorinBilbiie

10 months

If in Barcelona for the EEA-ESEM congress come to the invited session "Inflation and Heterogeneous Agents" August 29, 6pm (Catalan time ;)) papers by 1. @a_auclert Matt Rognlie @ludwigstraub ; 2. Marcus Hagedorn @SorryToBeKurt 3. @drkaenzig & yours truly