Fireside chat with @ben_golub and @JacksonmMatt to cap the first day of the Network Science and Economics conference at @MiamiHerbert
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Noah Williams
10K posts
Noah Williams
@Bellmanequation
Miami Herbert Centennial Endowed Chair, Professor of Economics @UnivMiami @MiamiHerbert
Coral Gables, FL 가입일 Mayıs 2009
995 팔로잉7.2K 팔로워
Noah Williams 리트윗함
Read my reflection in Memoriam of Christopher A. Sims: larspeterhansen.org/news/article/h…
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The new version has stronger analytic characterizations, including a complete and self-contained convergence proof. (It's long but instructive, I think).
Full paper is here:
drive.google.com/file/d/1mgzAyI…
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Building on fold bifurcations, I introduce fold remnants, the residue of equilibria that vanish under a bifurcation. Ex: increasing returns not quite strong enough for multiplicity. Models with a unique equilibrum and a fold remnant can behave like multiple equilibria. (2/3)
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"Equilibria, Folds, and Escapes" Revised paper with new title, new analytic results, and 70% longer (mostly appendix, text is ~10% longer). I characterize both the mean path of stochastic models and the most likely large deviations via deterministic differential equations. (1/3)
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@ATabarrok @ChrisPhelanEcon Looking forward to this advice: "Once we allow for uncertainty ...., the uniquely optimal social contract is laissez-faire, in which agents trade in unfettered markets with no government intervention of any kind."
sciencedirect.com/science/articl…
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“A strange leadership drama continued to play out Tuesday when the University of Wisconsin system’s Board of Regents voted to fire its president, Jay O. Rothman. What’s still unclear is, why?”
chronicle.com/article/as-exp…
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"Christopher A. Sims has been posthumously awarded the best paper award for his article examining optimal fiscal & monetary policy when government debt pays a lower return than private assets & only distorting taxes are available for revenue." Productive til the end.
@AEAjournals
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Noah Williams 리트윗함
Congratulations to my phenomenal colleague @ludwigstraub on a wonderful and well-deserved recognition: aeaweb.org/about-aea/hono…
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Fun to connect Deleuze, Cartwright, Giere with empirical finance… nber.org/papers/w35040
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Noah Williams 리트윗함
Riders winning Milano-Sanremo and Ronde Van Vlaanderen in the same year
- Eddy Merckx
- Tadej Pogacar
End of list.
#RVV26
Nederlands
The program is now available for the Miami Macro 2026 conference on April 24. We receieved a LOT of submissions, so had to exclude many interesting papers but were able to put together an excellent program. Contact me directly if you'd like to attend.
noahwilliams.org/conferences/mf…
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@ricardovlago @ATabarrok @dandolfa I thought you were in favor of international agreements
nato.int/en/what-we-do/…
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@ATabarrok @Bellmanequation @dandolfa Yet, the fundamental questions remains: how much, who decides, and for the benefit of whom
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On the one hand, Trump has gotten NATO members to increase their defense spending.
On the other hand, they are war gaming against the United States.
¯\_(ツ)_/¯
Ari Fleischer@AriFleischer
Sorry Jonah. I actually sat in the room for the first half of the movie. For 24 polite years, Presidents Clinton, Bush and Obama diplomatically asked NATO members to increase defense spending. For 24 years, it was one excuse after another, all focused in Western Europe on how they wish they could spend more, but their social welfare spending priorities wouldn’t let them. In other words, you the US will spend on defense and protect us. Along comes rude Donald Trump. Finally, someone made clear that if Europe kept freeloading the US was done. It took a bill in the China shop to move Europe. Diplomacy failed. Trump prevailed. That’s reality whether you or I like it. NATO self-withered after 75 years. If Spain, England, Italy and France won’t spend what’s necessary to have a real military, it’s time for something new.
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