Husnu C. Dalgic

425 posts

Husnu C. Dalgic

Husnu C. Dalgic

@HCD342

Macroeconomist at Uni Mannheim | @NUEconomics @TSEinfo @Bogazici_Econ

Mannheim, Germany Beigetreten Haziran 2013
918 Folgt785 Follower
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Husnu C. Dalgic
Husnu C. Dalgic@HCD342·
In our paper, we argue that pure panic narrative of a financial crisis depends crucially on the nonexistence of outside capital. If people know that the run is due to pure panic, outside investors have a huge incentive to invest and make tons of money. onlinelibrary.wiley.com/doi/abs/10.111…
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Abdoulaye Ndiaye
Abdoulaye Ndiaye@AbdouNdiayeNYU·
Happy New Year 2026. Grateful to begin a new chapter with our newest arrival 👶🏾, under the theme of wisdom (حِكْمَة).
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Husnu C. Dalgic
Husnu C. Dalgic@HCD342·
@maxgoedl It requires a stable democracy. You'd build these institutions in 20 years and all it takes is one populist to demolish in one term
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Max Goedl
Max Goedl@maxgoedl·
This speech on recent economic reforms in Sri Lanka is a fantastic crash course in macroeconomic stabilization. It's interesting how utterly conventional these reforms are: fiscal consolidation, inflation targeting, ending distortive subsidies. It works! youtube.com/watch?v=7DPhDH…
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Husnu C. Dalgic
Husnu C. Dalgic@HCD342·
@maxgoedl @VARulle This is how I derive GDP equation in class, GDP = C^d + I^d + G^d +X^d C = C^d + C^m (...) GDP = C + I + G + X - (C^m + I^m + G^m + X^m) GDP = C + I + G + X - M
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Max Goedl
Max Goedl@maxgoedl·
@VARulle I have argued for flipping the sign in the balance of payments: the trade balance should be M-X and GDP should be defined as value of final goods sold to domestic residents, ie C+I+G.
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Ulrich Berger
Ulrich Berger@VARulle·
Y = C + I + G + X - M might well be the most dangerous equation ever published. Y is GDP. M are imports. There's a minus sign in front of M. And the current US president has the economic understanding of a brick. That's a really bad combination. 🫤
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Max Goedl
Max Goedl@maxgoedl·
@HCD342 The science is clear: if you want to keep Nazis away from power, don’t build roads.
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Crémieux
Crémieux@cremieuxrecueil·
A new UBI experiment has come out. This time... it seems like it worked🧵
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Husnu C. Dalgic
Husnu C. Dalgic@HCD342·
@dandolfa There could be an argument that chronic trade deficits are bad and need to be addressed but trying to close bilateral deficits with every single country is just nuts.
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David Andolfatto
David Andolfatto@dandolfa·
We can all agreed there are problems that need to be addressed. But where does this victimhood mentality come from? How has the US grown to be the most powerful country on the planet, if it has been so taken advantage of by other countries? There are better fixes.
Anthony Pompliano 🌪@APompliano

The ideal situation is to have unfettered global trade between countries, which means no tariffs from either country in bilateral trade. The United States has been pretending for decades that free trade still exists. Other countries were more sober in their analysis and realized they could levy tariffs, subsidize their producers, manipulate their currencies, and gain an advantage over America. This means the US had two choices — (1) keep pretending the new game didn’t exist and let other countries take advantage of us or (2) learn to play the game better than anyone in the world. We are rightfully choosing the second option. Free trade doesn’t exist anymore. We can only hope that America can become so good at playing this new game that it allows us to dictate a reset of the rules back towards true free trade where our trading partners participate on a level playing field. Throughout history America has proven we can dominate any game we play. This may be the most important one yet.

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Husnu C. Dalgic
Husnu C. Dalgic@HCD342·
@doruukkurt Enflasyon sorunu yok ülkede, yaşam masrafları (gıda ve barınma) yapısal sorunlar yüzünden çok pahalı
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Husnu C. Dalgic
Husnu C. Dalgic@HCD342·
@alz_zyd_ Take a step further, make this claim contingent on parents helping with grandchildren
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alz
alz@alz_zyd_·
This is a little deranged but honestly doesn't seem like a totally broken idea? If a few pct of kids lifetime earnings were given to their parents would this fundamentally be gameable in any way Like, it is obviously deranged, but as a thought experiment is it not viable
Nicholas Decker@captgouda24

I think we could easily improve the world by giving parents a claim to a part of their children’s future tax returns. We can incentivize having more kids in a way which could plausibly increase tax revenue, not decrease it. It’s a win-win.

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Husnu C. Dalgic
Husnu C. Dalgic@HCD342·
@alz_zyd_ Some people basically worked for 25 years and drew pension for 35 Some people kept working on the side while drawing pension Governments can't decrease pensions because they are persistent voters and they have nothing to do at home so they protest
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alz
alz@alz_zyd_·
@HCD342 What happened?
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alz
alz@alz_zyd_·
Crazy idea: what if we made the mandatory retirement age for all jobs 45? - Less persistent institutional capture by oldies - Less workforce, so more jobs for all young people - Forced to promote young people to leadership faster - Everyone gets to enjoy early retirement
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Husnu C. Dalgic
Husnu C. Dalgic@HCD342·
@alz_zyd_ His timing was right too. With photography, I imagine old styles lost some of their appeal
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alz
alz@alz_zyd_·
Picasso won a basically political battle. In a time of weakness, when the global aesthetic subconsciousness had somewhat lost its sense of direction, he convinced the aesthetic elites of his time to move in an utterly senseless direction, misaligned with any notion of common aesthetic sense. Nobody actually thinks Picasso looks good. But Picasso looks like Picasso, and Picasso was anointed by the oligarchs of beauty, hence one convinces oneself, counter to all basic natural sense, that Picasso must in some sense be beautiful
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Effrosyni (Efi) Adamopoulou
Effrosyni (Efi) Adamopoulou@EfiAdamopoulou·
Excited to celebrate my birthday🎉 and share that I’ll step into the role of Deputy Head of the Inequality and Public Policy Research Group @zew_en on Jan 1! Looking forward to continuing to work with an amazing team on research to reduce inequality. Grateful for the opportunity!
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Husnu C. Dalgic
Husnu C. Dalgic@HCD342·
@VStavrakeva Makes sense. In the PhD PS I give, people with capital income decrease hours but pure wage earners increase hours when labor tax goes up
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Husnu C. Dalgic
Husnu C. Dalgic@HCD342·
@VStavrakeva In standard models, the income effect on labor supply can be quite powerful, you can get people working more under high taxes
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Husnu C. Dalgic
Husnu C. Dalgic@HCD342·
I stopped reading The Economist when I realized how shallow their coverage of Turkey is—calling a cult leader a "scholar"? How can I trust their insights on Asia or the Middle East after that?
The Economist@TheEconomist

Through his teaching, Fethullah Gulen became the second-most-powerful man in Turkey, with only President Recep Tayyip Erdogan surpassing him. But for the last years of his life, the scholar-preacher was a wanted man in exile econ.st/40hzrvU Photo: Getty Images

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Entdecken

@AbdouNdiayeNYU @maxgoedl @VARulle @gp_mihalache @dandolfa @doruukkurt @alz_zyd_ @elonmusk