Reflection on recent trip to Tsinghua University
I just returned from an insightful trip to visit Tsinghua University in Beijing, China. It was a busy few days as I gave four talks in total, three of them at Tsinghua University – the...
Remarks on Identification, Recovery and Martingales
Recently, I was at a very nice event recognizing important contributions of Steve Ross. The "recovery theorem" was discussed multiple times. I write this research reflection with a bit of hesitation....
Reflection from recent trip to Chile
I recently returned from my first trip to Chile. There is a long-standing, well-known connection between the University of Chicago and Chile. The Pinochet regime in Chile is renowned for two...
Reflection on the 2017 Lindau Nobel Laureate Meeting on the Economic Sciences
Every three years, there is a Lindau Nobel Laureate meeting for the Economic Sciences. This summer it was held from August 22 - August 26 in a spectacular setting located on Bodensee (Lake Constance)...
Reflection on the 2017 Chicago Initiative in Theory and Empirics (CITE) Conference
The three-day event hosted at the Becker Friedman Institute explored research frontiers of macroeconomics, finance and linkages. It targeted new research including projects still being refined in...
2017 MFM Summer Session Reflection
It was my great privilege to participate in the 2017 Macro Financial Modeling Summer Session for Young Scholars held at the Omni Hotel at Mt. Washington in Bretton Woods, NH. This was my first visit...
Reflections from recent trip to South Korea
I just returned from a trip to South Korea. I spoke for the first time at a Mont Pelerin Society (MPS) meeting. The MPS was originally formed by Friedrich Hayek, Ludwig von Mises, Frank Knight,...
Fun at the November Macro Finance Society Meeting
It was great to attend a recent meeting of the Macro Finance Society held here at the Becker Friedman Institute, co-organized by Francois Gourio, Nick Roussanov, and Andrea Eisfeldt. I have had the...
Modeling to Make the Most of Data
Economic modeling is often driven by discovery or development of new data sets. For many substantive applications, the data does not simply “speak for itself,” making it important to build...
Discovering India: My Crash Course on the Indian Economy
In July my spouse, Grace Tsiang, and I visited Mumbai and Hyderabad in India. Our trip was orchestrated in part by our friend and distinguished scholar Ravi Jagannathan, who is affiliated with and...
Opportunity at the Intersection of Computation and Economics
Following the tradition of interdisciplinary collaboration will yield exciting research In the 1940s and ’50s, the Cowles Commission, then at the University of Chicago, brought together...
MFM Launches First Summer Session for Young Scholars
Research Reflection Many years ago I participated in a project supported by the National Research Council that was designed to nurture linkages between mathematics and the sciences. Through this...