George Hall @George_J_Hall
Economics professor at Brandeis people.brandeis.edu/~ghall/ Massachusetts, USA Joined May 2017-
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How should policymakers approach tradeoffs that involve different age groups? and at what rate should policymakers discount the consumption of future generations? Maya Eden @MayaREden @BrandeisU suggest these two questions are equivalent: caring more about the future means caring…
How should policymakers approach tradeoffs that involve different age groups? and at what rate should policymakers discount the consumption of future generations? Maya Eden @MayaREden @BrandeisU suggest these two questions are equivalent: caring more about the future means caring…
You could study major wars and conclude that the sectoral reallocation and supply chain strains were driving up the price level in these episodes, but that would not be the whole story, just a part of it, in most cases. pnas.org/doi/10.1073/pn…
@talmonsmith @besttrousers Yes, @George_J_Hall's work is the place to go on these questions: people.brandeis.edu/~ghall/ For example, here is a great table from a recent paper that shows how the big three wars were financed:
CC alumni continue to make a difference in the world. Charles Hall ’22 is the latest CC grad to serve in the Peace Corps. Read the story here: 2cc.co/3Qyy5Ig ##ColoradoCollege #CCTigers
#FInancialStability @OFRgov "these cycles echo Minsky’s original narrative for financial cycles" financialresearch.gov/working-papers…
Extending our most heartfelt congratulations to our #PeaceCorps Costa Rica 🇨🇷 team and their newest Volunteers!🙌 Volunteers in Costa Rica work on projects in Community Economic Development, Youth in Development, and Education. Apply today! 👉 bit.ly/40dB36R
Let’s not find out what happens to the economy if the US breaches the debt ceiling trib.al/HEsLRv1
This paper by #ThomasSargent and George Hall @George_J_Hall draws parallel between public finance , labor market and int trade during Covid and the two world wars. A must read. "Three world wars: Fiscal and Monetary Consequences" Below the main charts Thread 1/n
"The Cautionary History of Debt-Limit Gimmicks," an OpEd by Tom Sargent (with G Hall). barrons.com/articles/debt-…
Why is Treasury Secretary Janet Yellen reluctant to circumvent today’s congressional limit on U.S. aggregate debt? Hoover fellow Thomas Sargent and @George_J_Hall discuss the cautionary history of debt-limit gimmicks: hvr.co/3NlPeDu
A fantastic episode of the podcast, @DavidBeckworth @George_J_Hall! I’m looking forward to the bonus segment, but I hope George comes back on to talk debt history again soon! mercatus.org/macro-musings/…
George Hall (@George_J_Hall) on how Salmon Chase successfully financed the Civil War: mercatus.org/macro-musings/…
Really interesting paper by George Hall and Thomas Sargent at @HooverInst conference on how the three world wars were financed. tomsargent.com/research/Three…
A propos of nothing I was thinking today of my older daughter's (Yale-affiliated) daycare class from 7 years ago which had 8 kids, all of them with one or both parents who were Yale assistant professors. Not a single parent ended up getting tenure at Yale.
Anne Laski JMP: "The Currency Hegemon’s Optimal Inflation Rate" Website: sites.google.com/view/annelaski…
🚀What a unique source on economic history for years to come: 👇 The Handbook of Historical Economics is out! sciencedirect.com/book/978012815… @albertobisin @essobecker @jaredcrubin @DrNathanNunn @andreamatranga @sararlowes @felipev84 @joachim_voth @DrDaronAcemoglu @snaidunl @GalorOded
The passing of financial hegemony from the UK to the US as indexed by the value of 100 pounds invested in UK debt v. US debt. From great @IMFNews volume edited by Era Debla-Norris. imf.org/en/Publication…
@adam_tooze @IMFNews and during this period the pound fell from $5 to $4 so a GBP investor lost another 20% not shown on the nominal chart
How WWI and the Great Depression launched the 20th-century career of public debt in the United States. Another great chart from the @IMFNews volume edited by Era Nabla-Norris. imf.org/en/Publication…
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The Trade, Innovation and China conference is underway! Thanks to Carol Osler, Judith Dean, Oriana Montti and Michael Plummer for their discussion about international trade. We're so excited to honor professors Peter Petri and Gary Jefferson, who are retiring this semester.
There are 2 types of people in economics: those who are astonished by that interview, and those who spent any time at Chicago.
The EEJ welcomes submissions! We publish articles in all areas of economics. EEA members pay only $30 to submit their paper. We encourage participants from the 2024 Eastern Economic Association conference to submit.
Congratulations to Ryan Abman (@AbmanRyan) and Hisham Foad for winning the Eckstein Prize for their paper titled "Border Walls and Crime: Evidence From the Secure Fence Act." doi.org/10.1057/s41302…
Excited and humbled to learn that my paper with GeeHee Hong, Matt Klepacz and @ErnestoPasten2 "The real effects of monetary shocks: Evidence from micro pricing moments" just received the best paper award by the Journal of Monetary Economics. sciencedirect.com/science/articl…
There’s a 4 minute Affleck cut of the Dunkin commercial It’s glorious. Oscar-bait.
Fourth place in the 50-54 age bucket at the 2024 US Rowing indoor national championships.
Pleased to announce @StateDept’s new Chief Economist, Dr. Chad Bown, an expert on international trade and industrial policy. He’s worked tirelessly to promote transparency in trade and enforcement through research and writings. Chad is joining us from @PIIE. Welcome to E Family!
Fiscal capacity based on fundamentals in red. Blue is market value of debt over GDP. Pre-WW-II.
Fiscal capacity based on fundamentals in red. Blue is market value of debt over GDP. Reversal post-WW-II.
Great news for US tax capacity and public service. It may sound small and boring, but this type of administrative capacity has the potential to not only save the taxpayers millions of hours and/or dollars in the aggregate, but also to change their attitudes towards the state.
TurboTax (Intuit) and H&R Block have lobbied for years to stop this from happening. These companies are parasites and I can’t wait for the IRS to put them out of business.
Why have institutions of higher learning been losing the respect of broad segments of the population? This piece by @jbarro is required reading if you’d like to begin to understand.
It's not just Republicans: independents' and Democrats' views on universities got more negative in the last decade. My views got more negative, too. I wrote about why-- I've just heard too many lies out of these places, especially from administrators. joshbarro.com/p/universities…
New publication: "Target Date Funds as Asset Market Stabilizers: Evidence from the Pandemic," with Y. Sun, Journal of Pension Economics and Finance, 20th Anniversary Special Issue, in press. mitsloan.mit.edu/shared/ods/doc…
Had a great time running a 5k with @lukestein @dbergstresser and Brandeis folks today
Academics: can we start a petition to ask Master's programs not to require rec letters? I have 15+ undergrads asking me for a letter this year, none of whom I personally know. Dropping rec letters from the Masters is going to reduce so much faculty & staff time. Anyone?
New @EricMLeeper paper with cool decompositions of recent changes in the debt/GDP ratio. @Francesco_Bia @George_J_Hall @dandolfa
A Fiscal Accounting of COVID Inflation | Mercatus Center mercatus.org/research/resea…
A Fiscal Accounting of COVID Inflation | Mercatus Center mercatus.org/research/resea…
"Inflation Dynamics and Quantitative Easing" by Tarron Khemraj & Sherry Yu can be found in our latest issue. doi.org/10.1057/s41302…
Here's the letter that every academic wanted to write at least once to a journal's editor!
2/with contributions by @George_J_Hall and Tom Sargent, and many others. elibrary.imf.org/display/book/9…
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