Economists Do It With Models

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Tales From The AEA Annual Meeting, Now With More Goodmen…

March 5th, 2015 · 2 Comments
Just For Fun

In the event that you can handle the truth (hee), here’s some Goodmen talking about cutting edge research on papers involving surname-sharing authors:

I think that was pretty good, but I am also aware that the bar for economic humor is not always particularly high…for example, it turns out that jokes (and I use this term loosely) are tagged with [laughter] tags in transcripts published by the Federal Reserve, so a simple search function highlights all of the moments of supposed nerd hilarity. Some excerpts:

CHAIRMAN BERNANKE. …Let me turn now to the economic situation. Boy, I think it has been a while since we were three and a half hours into the meeting before we got to the staff forecast.
MR. STOCKTON. The GDP is a little smaller than it was at the start of the meeting.
[Laughter]

Or perhaps you prefer this one…

MS. YELLEN. …The residential housing sector has now shrunk so much that the only real assurance that it will ever stabilize seems to be the fact that construction spending cannot go negative. This is just about the only zero lower bound that is working on our side. [Laughter]

I don’t care what anyone says, Yellen is totally going on the list for next year’s humor session. =P

Tags: Just For Fun

2 responses so far ↓

  • 1 Kevin // Mar 5, 2015 at 5:41 am

    Sometimes it’s good to take things on the lighter note but at the same time we have to be seriously careful of not messing things up. This Annual meeting is really crucial and makes such a big difference. I am lucky that I don’t have to worry as I am trading with OctaFX broker, it’s a company that is forever there for my support with their analysis and news service which I can follow and the results are awesome for me.

  • 2 Harriet // Mar 9, 2015 at 12:03 pm

    Dan Hamermesh has done some work on co-authoring. He didn’t seem to think the ordering mattered, but the results you mentioned seemed much more plausible.

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