Morten O. Ravn @MortenORavn Twitter profile

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@Fisalalhumidhan

Morten O. Ravn

@MortenORavn

2 years

It's almost 6 years since the Brexit vote. Here is how UK and the Euro 19 area GDP per capita have evolved (2016Q3=1, PPP adjusted, fixed prices, OECD data). Using Euro 19 as the counterfactual, each UK inhabitant has paid around £4,520 (2015 prices) for the vote so far.

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Morten O. Ravn

@MortenORavn

5 years

Confession: I am a macro economist. But I also love applied micro, micro theory and econometrics. I admire the care of identification in reduced form applied micro, the careful modeling in structural micro and in economic theory, and the depth of analysis in metrics. 1/n

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Morten O. Ravn

@MortenORavn

4 years

Three hypotheses on why Italy is so hard hit by corona virus: A Italy has tested more B Italy has a super-transmitter C Italy has closer contact with China C must be wrong. B is unlikely but possible. A is more likely. If A is true UK and others will soon be in same situation.

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Morten O. Ravn

@MortenORavn

2 years

Very very happy to have been elected as a fellow of the @econometricsoc . Thanks to all my fantastic coauthors and to Referee 2 for occasionally bearing over with me! And I can for sure say that I am the only ES fellow ever born in Hanstholm, still my favorite spot!

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@MortenORavn

2 years

World Cup about to start. Qatar hosting is controversial + having it in a busy part of the academic year is problematic. So: Could we just all agree on Italians doing the referee reports, grading etc. for the next month or so since they will have nothing to do? #EconTwitter

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Morten O. Ravn

@MortenORavn

2 years

Competition for most beautiful University building. This is Villa Salviati @EUI_EU - can anyone beat this?

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Morten O. Ravn

@MortenORavn

4 years

The economics of Covid-19 is complicated: 1) Negative labor supply shock. 2) Interruption of global supply chain => negative productivity shock. 3) Sectoral consequences very uneven. 4) Increase in uncertainty - few precedences of similar shocks. 5) Confidence down. 1/3

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Morten O. Ravn

@MortenORavn

3 years

The econ job market starts its European leg this week. Good luck to all candidates - remember you are very smart, most of your interviewers haven't got the skills to write your jmp, and that they all still get rejected too (unless you're interviewed by Daron). Forza!

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Morten O. Ravn

@MortenORavn

3 years

What's happening with Andreu Mas-Colell is a travesty, I stand with him, he is a man of honor who has been of tremendous value to all of us in economics. I hope the worst is avoided. Until then this is my profile picture, an insignificant gesture, but what else can one do?

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Morten O. Ravn

@MortenORavn

5 years

Someone declaring chemistry a failure for failing to turn lead into gold is ignorant and ignored. Someone declaring macro a failure for not predicting the financial crisis is equally ignorant but is hailed as a hero and decides on funding for the discipline.

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Morten O. Ravn

@MortenORavn

4 years

When I floated the idea of @virtualmacrosem on Twitter it was replacing existing macro seminars. Now I want float the idea of having a virtual summer forum for young scholars in macroeconomics - somewhere you can present and discuss your work during July. Any interest?

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Morten O. Ravn

@MortenORavn

4 years

Extremely honored to have been awarded an ERC advanced grant. I wrote the applications last summer when in lockdown for 4 weeks but did not expect the topic of aggregate shocks and fluctuations to be as relevant as it has unfortunately has turned out.

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Morten O. Ravn

@MortenORavn

4 years

The chief scientific officer of Nobel Media who actually calls the winner(s) is called Adam Smith, an appointment surely made just to let any Economics Prize Winner believe it's prank call.

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Morten O. Ravn

@MortenORavn

4 years

From 2021/22 EU/EEA/Swiss students coming to the UK will have to pay overseas fees and no longer eligible for financial support. This is likely the end of an era where UK universities and society has benefitted enormously from an inflow of very smart students from Europe.

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Morten O. Ravn

@MortenORavn

3 years

Economist preparing responses to referees for the resubmission.

Amazing Physics

@amazing_physics

3 years

When you clearly understand the Law of Physics

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Morten O. Ravn

@MortenORavn

4 years

If you're struggling with fitting your time series models, call these guys.

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Morten O. Ravn

@MortenORavn

3 years

I am trying to break the trend of the difficulty of publishing macro in the top journals: Today I accepted two papers for publication, one as an editor and one as a referee. What did you pay into your karma account?

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Morten O. Ravn

@MortenORavn

5 years

Macro matters 1: Take a trip to Zimbabwe, many other African countries, Venezuela, Argentina, or look at Greece or even Italy. Here you can see examples of what happens when you screw up macro policies. The amount of harm that bad policies can induce is enormous. 3/n

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Morten O. Ravn

@MortenORavn

4 years

There is a great excitement amongst time-series econometricians as the conference dinner location of the Econometric Society 2021 Meetings is revealed.

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Morten O. Ravn

@MortenORavn

5 years

Never give up! When I started teaching numerical methods in the late 1990's, Albert Marcet and Ramon Marimon's "Recursive Contracts" paper was the frontier. Now, it is finally forthcoming in Econometrica, looking forward to seeing it in print! @EconUCL

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Morten O. Ravn

@MortenORavn

1 year

London by night.

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Morten O. Ravn

@MortenORavn

11 months

Anyone interested in spending a year as an RA on my ERC Grant? Start date: September this year. Job advert out here with a deadline of applying of August 14th. Job details: Research Assistant ()

UCL – University College London

UCL is consistently ranked as one of the top ten universities in the world (QS World University Rankings 2010-2022) and is No.2 in the UK for research power (Research Excellence Framework 2021).

www.ucl.ac.uk

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Morten O. Ravn

@MortenORavn

5 years

All of this is simply to say that lack of knowledge about macro economics can be hugely costly. I love other fields, think they matter enormously, but I also think that macro is at the core of economic theory and practice.

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Morten O. Ravn

@MortenORavn

4 months

All juniors in macro: Come to the 16th Nordic Summer Symposium in Macroeconomics, August 6-9, 2024 in Denmark! We can promise lots of good papers, discussion and fun, beach and - hopefully - sunshine. Website: Appl. deadline: April 7th.

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Morten O. Ravn

@MortenORavn

3 years

First day as Co-Editor of Quantitative Economics joining a fab team of S. Bonhomme (new Editor), G. Genicot, L. Golan and Tao Zha, and joined also by two new great macro AEs, Adrien Auclert and Timo Boppart. Got any macro papers shifting the frontier, think of submitting to QE!

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Morten O. Ravn

@MortenORavn

2 years

Basically all past UK PMs have an Oxford degree but I think Rishi Sunak is the first also to have a Stanford MBA so this is the perfect setting for a DiD test of the value of that degree. And not contaminated by anticipation or staggered treatment.

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Morten O. Ravn

@MortenORavn

3 years

Come and join us @EconUCL , the home of U(C,L)!

Richard Blundell

@R_Blundell_UCL

3 years

Assistant Professor (Lecturer) in Economics: Department of Economics, UCL. Any field. Deadline 15 November 2021. We will be interviewing via zoom during the EEA European Job market. ⁦ @EconUCL ⁩ on

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Morten O. Ravn

@MortenORavn

2 years

Thrilled to see this joint paper with amazing co-authors @alagerborg1 and Evi Pappa come out! Here's a thread about what we do. 1/n

The Review of Economic Studies

@RevEconStudies

2 years

Do autonomous changes in consumer sentiments have macroeconomic impact? Lagerborg, Pappa and @MortenORavn find that the answer is yes, and that deteriorating sentiments are recessionary especially in terms of the impact on the labor market.

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Morten O. Ravn

@MortenORavn

4 years

Virtual Economics Seminar Series: Why not provide brain stimulus and use technology to have a virtual economics seminar series? Can cross departments and borders! Just requires are a few organizers and assistance from someone with a bit of technical skill. Any interest?

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Morten O. Ravn

@MortenORavn

3 years

Getting ready to watch my team beat those flag inverters tonight.

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@MortenORavn

3 years

Gave an in-person seminar @ University of Vienna today, the place with the coolest address in economics, Oskar Morgenstern Platz 1. Now looking forward to the sachertorte.

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@MortenORavn

2 years

Thrilled to see this come out, joint with fantastic coauthors @orazio_at , @KPLarkin and Mario Padula. Here's a thread about the paper. 1/n

Econometrica

@ecmaEditors

2 years

Are car spending choices informative about the GR’s sources? We answer this question within a rich lifecycle model. Large shocks to wealth and perceived future income explain average declines in consumption and car spending and differences across cohorts

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Morten O. Ravn

@MortenORavn

3 years

Thus is the gift that Zurich sends you when you give a talk there! Everything from wine, pralines, tea, notebook to Swiss Army knife!!! What a great idea, I can even open the wine during the talk, these Swiss have some style!! I think other places should see if they can compete!

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Morten O. Ravn

@MortenORavn

4 years

To everyone on the job market: good luck! Remember that no matter how it goes, you will be fine. I have yet to meet a junior economist who did not have a lot of human capital and ready to make the best of life. #econtwitter

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Morten O. Ravn

@MortenORavn

5 months

My daughter's first publication, very proud 😀 Simulations and Maximum Likelihood estimation .... tools familiar even to a macroeconomist. BTW, interesting to see the use of paper recommendations and making referee feedback public. @IanniRavn

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Morten O. Ravn

@MortenORavn

3 years

I see people posting their ancestral academic family trees. I love my supervisors but "perhaps" prouder of this:

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@MortenORavn

4 years

Bentham was one of the founders of UCL and had the idea of having a Department of Political Economy. He also came up with the concept of utility. Put the together and you know why economists think of Utility=U(C,L). @EconUCL #EconTwitter

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Morten O. Ravn

@MortenORavn

2 years

Working very hard in Paris with @RefetGurkaynak

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Morten O. Ravn

@MortenORavn

3 years

Rich countries should finance vaccinations in developing countries and do so NOW. 1) Helps dev. countries directly. 2) Helps rich countries indirectly: elim. covid reservoirs in dev. countries => covid less endemic => less need for future vaccinations. 1) is enough though.

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Morten O. Ravn

@MortenORavn

3 years

I learned Konrad was missing Sunday and soon after got the worst possible news, it seems like an eternity ago. He was a powerhouse in all respects. I will miss his intellect, friendship, wit and humanity. This is just too sad, impossible to comprehend. Bye Konrad!

UCL Economics

@EconUCL

3 years

We are profoundly saddened by the loss of our colleague and friend, Konrad Mierendorff who died on Saturday 7 August in an accident. He will be sorely missed by us all at UCL. We send our deepest condolences to his loved ones at this difficult time.

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Morten O. Ravn

@MortenORavn

4 years

We are hiring Assistant Professors at UCL Economics. Please, all talented young economists out there looking for academic jobs: Apply!! Here's the job ad: Here's our website:

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Morten O. Ravn

@MortenORavn

5 years

But when I see that many think that macro is unimportant my blood runs cold. I don't think the fault lies with those saying it but neither do I think it is right. Perhaps it is because we are not good at explaining why macro matters but fact is: macro matters. 2/n

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@MortenORavn

3 years

I am getting very worried about academic productivity in the UK as supply chain problems hits the availability of coffee cups.

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Morten O. Ravn

@MortenORavn

6 months

New substantial revision of "Financial Frictions: Micro vs Macro Volatility," see New to the paper: - Household-level evidence on links between assets, consumption and credit spreads. - 2 extra co-authors. @RalphLuet @renato_faccini @lofie21 1/

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Morten O. Ravn

@MortenORavn

3 years

March 31 2020, VMACS hosted its first talk. since then, we have had more than 60 talks, a conference, and our Youtube channel has had more than 90,000 views. It's been fun and we've all learned a lot. Thanks to all contributors and seminar audiences! @virtualmacrosem

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Morten O. Ravn

@MortenORavn

4 years

First day of teaching macro policy to the MSc students eager to learn ... or maybe not ... about dynamic causal analysis, SVARs, proxy SVARs, Euler equations, Ramsey optimal policies, liquidity traps, inflation persistence, sovereign default and all sorts of wonderful stuff.

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Morten O. Ravn

@MortenORavn

3 years

In UK we have empty food store shelves + long queues at petrol stations + rationing. But, apparently it has nothing to do with Brexit. So Europeans, show me your empty store shelves and queues at petrol stations.

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Morten O. Ravn

@MortenORavn

4 years

UK had advantage of late onset of corona crisis, data coming in from Italy and other places but stuck to herd immunity strategy, updated strategy too late, failed to prepare for big scale testing. As a result, UK deaths now looking worse than Italy. Sad and scandalous.

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Morten O. Ravn

@MortenORavn

4 years

The 2020 Unicredit Foundation Prize for the best job market paper in macroeconomics - this year in memory of Emmanuel Farhi - goes to: Karin Kinnerud Maarten de Ridder, Elisa Rubbo, and Christian Wolf - tremendous talent and skill!! @virtualmacrosem @ChristianKWolf

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Morten O. Ravn

@MortenORavn

2 years

Teaching MSc macro at UCL back in 2010/11, there were some superb students in the cohort incl. Neele Balke. I later learned a lot from her when she became a PhD student. If you haven't read yet this great paper by her and amazing @tlamadon , you should!

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@MortenORavn

5 years

Macroeconomics gets bashed a lot but the evidence I see from going to conferences, like today in Kent, workshops, handling papers, Bates Clark medalists etc. is that macro is in a great place and full of skillful young people looking at important questions. Bashers are ignorants.

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@MortenORavn

5 years

I agree: it needs to be discussed whether having 1-2 years predoc, 5-6 years PhD, 4-8 years postdoc, 6-10 years assistant prof careers before some uncertainty vanishes is a sensible career path. I think not, there is a need to rethink.

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@MortenORavn

3 years

We lost to a soft penalty but sang in style. Flot gået!

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@MortenORavn

5 years

Ramsey 1928 here outlines an OLG model with patient and impatient agents and how this would create wealth inequality in a steady state equilibrium. What a genius he was, decades ahead of his time @EJ_RES

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@MortenORavn

7 months

Per Krusell giving this years Gorman Lectures on "Economic Policies to Combat Climate Change" at @EconUCL

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@MortenORavn

4 years

Or take a close neighbour: Denmark. Danish GDP fell 6.9 percent in the 2nd quarter, Sweden 8.3 percent. Denmark went through lockdown, Sweden didn't. 625 covid deaths in Denmark (=10.8 per 100,000 pop), 5,813 in Sweden (=56.8 per 100,000 pop). where's the trade-off?

Chris Edmond

@chrisedmond

4 years

Can we now put the whole Sweden thing to bed? Swedish GDP in the quarter to June 2020 fell by 8.3%. According to the national accounts just released, Australian GDP over the same period fell by 7.0%. Better (less bad) economic outcomes and far far better health outcomes.

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9 months

27th Hydra conference in Sicily

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@MortenORavn

2 years

The moment when one's amazing scientist daughter gets her grade for her MSc Dissertation on "Trees in Space," scoring "12" (top grade) not only for this unit, but for all her evaluated units on the two year course in Bioinformatics at Copenhagen Uni. Very very proud dad.

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@MortenORavn

4 years

VMACS: Virtual Macro Seminars Launching!! (on Zoom) Free for everyone to sign up @virtualmacrosem Inaugural talks by Ivan Werning and Kaplan/Moll/Violante starting next week!! @SorryToBeKurt @RalphLuet @MortenORavn

Virtual Macro Seminar - VMACS

A regular open online international and inter-institutional macroeconomics seminar. To stay up to date please join our mailing list (via blank email)!

sites.google.com

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@MortenORavn

4 years

Happy to see this coming out in JEEA, some stories to be told over beers one day about this profession.

JEEA

@JEEA_News

4 years

Forthcoming article by @MortenORavn and Vincent Sterk @EconUCL “Macroeconomic Fluctuations with HANK & SAM: an Analytical Approach” @JEEA_News the Journal of @EEANews @OUPEconomics

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@MortenORavn

5 years

Macro matters 2: Or look at what happens when you get things right. When I went to high school in Denmark public debt was going up, inflation was high, youth and long term unemployment abound. Reforms of labor market policies and pension reforms changed it all. 4/n

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@MortenORavn

1 year

This should be interesting! Valerie Ramey giving the first plenary at SED 2023 in Cartagena. @ValerieRamey7 @SEDmeeting

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@MortenORavn

2 years

Tory party is about to elect the next UK Prime Minister. Focus is probably on Tory party survival, but it should be on the challenges for the UK. So what are the economic challenges facing UK? Here are 9 charts, could have added loads more, but this is more than enough. 1/10

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@MortenORavn

4 years

Tremendous 50th birthday volume of JET with a ton of great papers including those of many friends and coauthors (Albert Marcet, Steph Schmitt-Grohe and Martin Uribe x2!). Despite the credibility revolution, theory remains at the heart of economics.

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@MortenORavn

8 months

Yours truly secret U(c,l) agent infiltrating All Souls College @ Oxford University. Thanks to @RustamJamilov for the invite!

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@MortenORavn

2 years

Pearl Jam @ Hyde Park, and Eddie Vedder is having a major go at US lax regulation of firearms 👍👍👍

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@MortenORavn

4 months

This book can complement or substitute existing graduate macro textbooks, and provides a fresh 1st year graduate level treatment of much of macroeconomics. Everyone teaching graduate macro should have a look! Many thanks to @mazzimon77 @AlisdairMcKay @ToshiMukoyama @KrusellPer

marina azzimonti

@mazzimon77

4 months

We had this crazy idea to create a PhD macro textbook . It's still a work in progress, write to me w/ feedback/typos/ideas. @alisdairmckay @ToshiMukoyama @KrusellPer

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2 years

More on the mini-budget: It is a VERY large unfunded tax cut and energy subsidy programme. Remember also that the Truss campaign floated ideas of Bank of England reforms. In combination, these aspects could be a threat for UK monetary and financial stability. 1/6

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@MortenORavn

5 years

Econometric Society journals have stated intention to publish papers shorter than 30 pages. The last few years as Editor at the Economic Journal I usually told authors to target 30 pages (+/- 5 pages). All papers improved a lot in readability and authors agreed. @EJ_RES

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@MortenORavn

5 years

Last week at the ECB, this week at the Bank of Canada discussing macro in more than 50 meetings with central bank economists and giving talk about heterogeneous agents macro. I will laugh at anyone claiming modern macro is divorced from policy and concerns about inequality.

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@MortenORavn

4 years

Congratulations on getting the new blue passport that removes UK citizens' right to settle and work anywhere they want in the EU, EU wide health insurance cover, freely import and export goods and services all over the EU, protection of human rights, influence on EU policies ...

Home Office

@ukhomeoffice

4 years

Britons will once again be able to travel with a blue passport when the iconic colour returns for the first time in almost 30 years.

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5 years

Macro matters 3: Or think about the awful experience of the Great Depression where lack of good macro theory contributed to making things worse. In each example, good or bad policies matter for almost everyone. To say that the field is irrelevant to me is frightening. 5/n

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@MortenORavn

9 months

Fantastic choice, Stephanie has a track record producing innovative and influential work on macroeconomics time after time. She's a real scholar.

Marius Brülhart

@Marius_Brulhart

9 months

Stephanie Schmitt-Grohé @columbia_econ was today awarded the HEC Lausanne Female Career Award for her multiple contributions to macroeconomics. Congratulations 👏👏👏 👉 @heclausanne @unil

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2 years

Into high frequency identification and monetary-fiscal interaction? Bank of England rate hike yesterday didn't move the Sterling-Euro xrate much but today the Sterling lost 0.8 percent of its value within minutes of the government's mini budget announcement.

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Morten O. Ravn

@MortenORavn

3 years

Last lecture of the term done and my gratitude to Ljungqvist and Sargent for not only providing the intellectual foundation for graduate macro, but also a stand for my laptop during the live lectures throughout the last months.

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@MortenORavn

8 months

Mathematicians often have the coolest slides, here's a shot from a quantum math presentation I went to:

Ethan Struby

@estruby

9 months

Thomas Sargent says you don’t need LaTeX

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4 years

Erroneous economy-health tradeoff arguments stopped UK from having prevented the current crisis early. UK is now facing having to pay the health and economic costs of no competent economist being involved in high-level decisions so that these arguments could have been corrected.

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@MortenORavn

2 years

Here is my theory of UK crisis: Inconsistency of the fiscal/monetary/financial framework: Government wants inflation to pay part of the bill for the tax cut. BoE wants to hike rates to curb inflation. So what's it going to be? 1/

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@MortenORavn

8 months

My PhD student Morgane Richard is on the market with exciting paper on distributional effects of WfH in incomplete markets w/ location and housing tenure choices. WfH gentrifies the suburb, generates inequality across S={A=wealth,y=income,O=occupation}.

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@MortenORavn

4 years

What have macroeconomists spent the last decade working on? Incomplete markets, inequality, misallocation, business cycles, climate change.. What do students think are the most pressing issues? Inequality, growth, business cycles, unemployment, climate change. Let's keep it up!

Parama Chaudhury

@ParamaChaudhury

4 years

Cracking start to induction week with nearly 800 😮first year BSc students on our Zoom induction session. We asked them as always, what the thought the most pressing issues for economists right now were. This is what they said:

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@MortenORavn

10 months

13 nationalities in one photo: a fantastic bunch of UCL macro grad students and advisor out on the town.

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@MortenORavn

3 years

My course on monetary and fiscal policy, according to Zoom translate, covers a very wide range of issues. I am open to suggestions to other key questions that I should cover.

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@MortenORavn

2 years

Me when asked about the new two-way fixed effects estimators when giving my latest HANK paper.

No Context Brits

@NoContextBrits

2 years

Remember when the BBC interviewed a taxi driver, thinking he was a tech expert.

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4 years

EU has signed the Brexit deal, UK Parliament will do the same today or tomorrow. The UK eurosceptics won a battle they have fought decades for. UK was a main architect of the single market and UK was a valuable EU member. But UK is leaving. Some parts of the deal are baffling.

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@MortenORavn

1 year

40th CEPR ESSIM Conference in Tarragona

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4 years

A small selection of the more than 35 ERC grants won by UCL Economics Department faculty over the years to which should be added grants from Horizon 2020 and other framework programmes. Hopefully UK will remain a committed member of EU research and innovation.

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Morten O. Ravn

@MortenORavn

4 years

Whoever last year made the New Year's resolution to "travel less" probably didn't know exactly what they were asking for.

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Morten O. Ravn

@MortenORavn

9 months

Great to see this very interesting paper coming put in the QJE, fantastic set of authors and very proud of @renato_faccini

QJE

@QJEHarvard

10 months

#QJE Nov 2023 #3 , “A Fiscal Theory of Persistent Inflation,” by Bianchi ( @Francesco_Bia ), Faccini ( @renato_faccini ), and Melosi ( @LeonardoMelosi ):

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Morten O. Ravn

@MortenORavn

4 years

Next paper: "Sentimental Business Cycles" with Andresa Lagerborg and Evi Pappa Question: Are there aggregate effects of autonomous variations in consumer confidence? (ie. impact of "demand shocks") Answer: Yes 1/11

DP15098 Sentimental Business Cycles

We use fatalities in mass shootings in the U.S. as an instrument for autonomous declines in consumer confi dence to estimate the dynamic causal effects of sentiment shocks. Declining confi dence is...

cepr.org

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Morten O. Ravn

@MortenORavn

2 years

OK, send me stuff to do, I had an unexpected leisure endowment shock for the next few weeks.

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Morten O. Ravn

@MortenORavn

5 years

So it is out: Academic research shows the costs of the Brexit vote to the UK ahead of its implemenation have exceeded £400mn per week. I hope media take notice of this important piece of research and that politicians read it. @bornecon @EJ_RES

The Costs of Economic Nationalism: Evidence from the Brexit Experiment*

Abstract. Economic nationalism is on the rise, but at what cost? We study this question using the unexpected outcome of the Brexit referendum vote as a nat

academic.oup.com

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Morten O. Ravn

@MortenORavn

1 year

Four mythical macroeconomists

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Morten O. Ravn

@MortenORavn

2 years

Yesterday's UK mini budget was an enormous gamble on raising UKs growth prospects through a very large tax cut concentrated on higher earners. It didn't pay off: Markets punished UK by fall in sterling and higher government debt yield. Both make UK poorer. 1/

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Morten O. Ravn

@MortenORavn

3 years

VMACS seminars will resume in March. We have a new setup with two slots per week: 1) Standard talk (40m presentation/10m discussion) 2) 10 mins short presentation. Submit via Google form: indicating your preferences for 1) vs. 2). @virtualmacrosem

VMACS Submission

Weekly VMACS seminars will resume in March. We will try a new setup with two slots per weekly session: 1) a standard talk (40 mins presentation + 10 mins discussion), 2) a 10 mins short presentation....

docs.google.com

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Morten O. Ravn

@MortenORavn

3 years

Live picture from Copenhagen where we are getting ready to launch Copenhagen Macro Days in a couple of hours with talks today by @MSchularick , @LukaszRachel , @marcodelnegro , @RustamJamilov and @piazzesi @virtualmacrosem

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Morten O. Ravn

@MortenORavn

4 years

Four countries & PMs that have handled the Covid-crisis well: Denmark: Mette Frederiksen @MettePrime Finland: Sanna Marin @MarinSanna Germany: Angela Merkel @AngelaMerkelCDU New Zealand: Jacinda Ardern @jacindaardern Women/non-populists make better decisions, save lives!

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Morten O. Ravn

@MortenORavn

4 years

The discussion about climate in econ is much needed and perhaps especially in my field, macro. But I want to add that there is a lot of hope. The last cohorts (5-10 years) are full of great economists from many different backgrounds writing interesting papers on important topics.

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Morten O. Ravn

@MortenORavn

3 years

Today has a nice bit of symmetry to it that won't be repeated for quite some time.

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Morten O. Ravn

@MortenORavn

8 months

Smoother than the Keynesian Rioja

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Morten O. Ravn

@MortenORavn

3 years

Lots of discussion about last night's penalty decision in the England-Denmark game. My only comment is that UEFA's use of VARs with external instruments has improved, but still needs to address weakness of the instrument by adding more control variables.

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