Mathias Trabandt

I am very delighted to announce the Goethe Macro Training School Workshop on Heterogeneous-Agent Macroeconomics on June 8-10, 2026, in Frankfurt (Germany). Instructors: @a_auclert, @rognlie_matthew, @ludwigstraub. Link to call for applications: tinyurl.com/GMTS2026

The Heterogenous-Agent Macro Workshop at Goethe University held by Adrien Auclert (Stanford), Matthew Rognlie (Northwestern), and Ludwig Straub (Harvard) concluded a few days ago. Thank you so much, Adrien, Matt, Ludwig, and all attendees for this inspiring and productive course.

I am delighted to announce the Goethe Macro Training School Workshop on Heterogeneous-Agent Macroeconomics on June 24-26, 2024, in Frankfurt (Germany). Instructors: @a_auclert @rognlie_matthew @ludwigstraub. Link to call for applications: tinyurl.com/GMTS2024

I am pleased to announce that after a Covid-related hiatus, we are restarting the Advanced Workshop for Central Bankers. The 2024 edition will take place in Singapore on March 11-16. If you’re interested in participating, please email rminsr@nus.edu.sg for more information.

@pontus_rendahl Hi Pontus, Christiano, Eichenbaum and Evans (2005, JPE) have shown that wage stickiness in the NK model is crucial to fit the data, incl. the procyclical response of profits to demand shocks. Abstract and VAR vs. model impulse responses attached. Hope this helps. Best, Mathias

Macro message regarding the inflation/profit discussion: in the standard NK model, profits decline in response to a demand shock. So either the model is wrong or this is not a standard demand shock. Over and out.

Introducing a new feature of epi-mmb.com: the online comparison platform to compare macro-epidemic models easily. Available here: ocp.epi-mmb.com

Finally, our model implies that the central bank faces a more severe trade-off between inflation and output stabilization when inflation is high. 4/4

Our model can jointly account for the modest decline in inflation during the Great Recession and the surge in inflation during the Post-Covid period. Our model can generate more sizeable inflation surges due to cost-push and demand shocks than a standard linearized model. 3/4

New paper 'Understanding Post-Covid Inflation Dynamics' with Jesper Lindé and Martín Harding. Available here: mathiastrabandt.com/research 1/4

@FabioGhironi @WielandVolker @IMFS_Frankfurt Thank you, Fabio. I hope all is well. Best, Mathias

@WielandVolker @IMFS_Frankfurt @MathiasTrabandt Thanks again to all of you. It's an amazing service that you are providing. Happy to see that also Mathias has joined #EconTwitter.

Fantastic from @WielandVolker and the team at @IMFS_Frankfurt. Thank you!

We are happy to present our new Epidemic – Macro Model Database, which features more than 20 models examining the relationship between epidemics and the macro economy. Check it out & share it or contribute your models: epi-mmb.com #modelcomparison #macroeconomicmodels