Sid Gundapaneni @MacroscopeEcon
Prev Econ & Math @BinghamtonU | Interested in fiscal-monetary interactions, self-insurance, monetary theory, and banking. profiles.stanford.edu/sid-gundapaneni New York / Palo Alto Joined February 2020-
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It will always fucking ASTONISH me how much public employees get paid in San Francisco the MEDIAN for a POLICE OFFICER is almost $300k
Impact of tariffs on inflation rate is complicated. If monetary policy accommodates tariff shock, then a burst of inflation is possible. Offsetting this effect is policy uncertainty, which has likely had a deflationary effect so far. Fed just has to keep monitoring situation.
Actions have consequences
Actions have consequences https://t.co/Y74c8610Qg
With new school year starting, seems like a good time to remind PhD students in econ and finance to check out our new book, the Economic of Over-the-Counter Markets, available from @PrincetonUPress at link below. A thread about why the book is useful press.princeton.edu/books/hardcove…
Straub @JacksonHole2025: Looming debt crisis bc fewer workers, more retirees drive debt to 5xGDP. We can cut retirement, hike taxes, or allow legal, young immigrants. The benefits of immigration are typically overlooked, but are worth years of Americans' income. #econtwitter
If you *only* used SAT to admit to elite colleges, share of admits from top 1% income falls 15.8% → 9.9% and representation from <$200k rises by +8.8%, with no reduction in post-college outcomes. It's 'holistic review' and 'ban SAT' policy that allows the most wealthy and…
What gets me upset about these complaints … every day a different one but all the same, is the subtle sense of wanting to impose their view on economists while claiming that’s what economists do to them. If this economics is bad do the good one - if economists are protective…
What gets me upset about these complaints … every day a different one but all the same, is the subtle sense of wanting to impose their view on economists while claiming that’s what economists do to them. If this economics is bad do the good one - if economists are protective…
Unfortunate. Makeup policy is good, especially in anchoring expectations, the asymmetry was the issue.
Unfortunate. Makeup policy is good, especially in anchoring expectations, the asymmetry was the issue.
A few days ago, Charlie Plosser passed away, another sad loss in a year that has not been kind to the profession. Charlie was one of the great macroeconomists of his generation, and it is difficult to single out just one of his contributions. His 1983 paper with John Long in…
RIP Charlie Plosser, former @philadelphiafed President 2006-2015 during Great Recession. Lucas-Prescott-Sargent student. Work on RBCs. King and Plosser (1988) started production networks in macro, now popular. JME coeditor, SOMC member, @HooverInst Visiting Fellow. Great golfer!
Tarifflation
I don’t usually like to speculate on intentions when it comes to policy, but it’s so hard not to believe such people are malicious. So much BS.
I don’t usually like to speculate on intentions when it comes to policy, but it’s so hard not to believe such people are malicious. So much BS.
The rhetoric that the BLS data can’t be trusted is a purposeful lie being told to erode faith in our apolitical statistical system.
The most realistic models tell us nothing 🤓 good models simplify and abstract in the right ways
The most realistic models tell us nothing 🤓 good models simplify and abstract in the right ways
In the old days we called this "monetizing the debt."
Critics of economists’ models and abstract theories who insist on their own, alternative explanations of economic phenomena are like Molière’s Monsieur Jourdain: instead of speaking prose without knowing it, they concoct and apply abstract economic theories without knowing it.
Critics of economists’ models and abstract theories who insist on their own, alternative explanations of economic phenomena are like Molière’s Monsieur Jourdain: instead of speaking prose without knowing it, they concoct and apply abstract economic theories without knowing it.

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AEA Journals @AEAjournals
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