Markwayne
Markwayne
Hopefully this will help understand the methods and the graphs in the paper better: drive.google.com/file/d/12ogG...
You can play around with the illustration tool here: www.noahwilliams.xyz/research/fre...
There are sliders for the frequency ฯ and the decay rate of the impluse responses. [3/3]
At higher frequencies, we multiply g(t) by sine and cosine waves, and take the integral of their magnitudes. This gives mapping from inputs (shocks) to outputs by frequency. For a stable system, the impulse g(t) decays, so there is less area under these curves and |G(jฯ)| decays with ฯ. [2/3]
The topic on everyoneโs mind today: frequency domain methods. I use them in "Uncertain Network Dynamics". Since theyโre less common in economics now, hereโs a visualization. The transfer function G(jฯ) is the Laplace transform of the impulse response g(t). At ฯ=0, G(0) is the area under g(t). [1/3]
would have been better if the title referred to credit ripoffs
Keepin' your head above water,
Making a wave when you can.
Hong Kong morning
After the seminar: โHey want to climb a mountain?โ
Miami Macro 2026: We are happy to announce that ๐๐ฟ๐ถ๐ฐ ๐๐ฒ๐ฒ๐ฝ๐ฒ๐ฟ (University of Virginia) will provide a keynote
"๐๐ป๐ณ๐น๐ฎ๐๐ถ๐ผ๐ปโ๐ ๐๐ถ๐๐ฐ๐ฎ๐น ๐ฅ๐ผ๐ผ๐๐: ๐ช๐ต๐ ๐ ๐ผ๐ป๐ฒ๐๐ฎ๐ฟ๐ ๐ฃ๐ผ๐น๐ถ๐ฐ๐ ๐๐ฎ๐ป'๐ ๐๐ผ ๐๐ ๐๐น๐ผ๐ป๐ฒ"
Submit your paper at the link below by March 15
Here we go Hong Kong: 3 talks at 3 universities in 3 days (CUHK, HKU, HKUST)
MIAโก๏ธLAX โก๏ธHKG
37 hours โnominalโ time:
24 hours travel time +
13 hours time change
Unlikely hero: Botleyยฎ the Coding Robot
Confronting existential questions at a swim meet: hydrology ontology
Gotcha. And your point that cross-sectional comparison is more relevant is also spot on
You expect the poorest now to live better than Carnegie, Rockefeller, etc?
I know the stats, but this seems hyperbolic: โThe U.S. is the wealthiest nation in the history of the world. The poorest Americans live better in the 21st century, on average, than the richest man in the world did in the 19th century. It isn't even close.โ
www.wsj.com/opinion/free...
Jackson had just won in Michigan, so there was a real sense of possibility and history being made.
First political event I ever attended was a Jesse Jackson speech in Eau Claire ahead of the 1988 Wisconsin Democratic Primary, and I shook his hand afterward.
Carrying on with the seminar after your paperโs been torn apart
Mornings can be nice
๐ถ I can feel it coming in the air tonightโฆ๐ต
Building on last year's success, the Department of Economics at the University of Miami will host the Miami Macro 2026 Conference โMonetary and Fiscal Policy in a New Eraโ on April 24, 2026. Join us in Miami!
Submission deadline is March 15. See full CFP here: www.noahwilliams.xyz/conferences/...
โCollegeโฆ the best NINE YEARS of my lifeโ
Or university president, even. From here: dailynous.com/2026/02/04/w...
A dean's solution to higher ed "problems": get your faculty to click through another acknowlegement
I miss the innocence I've known
Playing KISS covers, beautiful and stoned
One way to disconnect a hose
When routine bites hard and ambitions are low
And resentment rides high, but emotions won't grow
I need you now and I'll need you then, just stop (stop)
'Cause I really love you, stop (stop)