tag:blogger.com,1999:blog-5713178645208582139.post4038780498687488215..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: John Cassidy on the Greenspan PutDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5713178645208582139.post-76889959626190358942010-01-08T16:20:13.676-06:002010-01-08T16:20:13.676-06:00Well, thanks. Alas, these days mostly a consumer r...Well, thanks. Alas, these days mostly a consumer rather than a producer, although I guess that integrating breaking research into your teaching is also a product.<br />Anyway, your blog, along with Mark Thoma's and the Aussie Bill Mitchell's blog are some of my "must reads" everyday.ECBnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-86074568853709263132010-01-08T10:21:40.738-06:002010-01-08T10:21:40.738-06:00Thanks ECB for the tip on this Cassidy piece. Give...Thanks ECB for the tip on this Cassidy piece. Given your large teaching load you seem to stay exceptionally engaged with the latest research developments, articles, and OpEd pieces in macroeconomics. I am impressed.David Beckworthhttps://www.blogger.com/profile/04577612979801459194noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-31122643373853642122010-01-08T09:23:28.872-06:002010-01-08T09:23:28.872-06:00One thing that seemed lacking in this whole debate...One thing that seemed lacking in this whole debate about the causes of the housing boom is an explicit quantitative model that could allow us to explore various factors . One such model is that of<br />Iacoviello (http://www2.bc.edu/~iacoviel/research_files/IMF_SLIDES.pdf)<br />His conclusion is that monetary policy only accounts for at most 20% of the housing boom!<br />A criticism of his model ECBnoreply@blogger.com