Very excited to share new work with Tao Zha! Identification has long been disciplined in structural VARs; in the big data era, the information set deserves the same. We provide it: a new Bayesian method, applied to household credit & monetary shocks under recursive & proxy identification.

NBER@nber.org · 2w ago

Every structural vector autoregression result depends on identifying restrictions and variables. Economists discipline the first but often choose the second by hand. This paper ends this asymmetry, from @yuchengyang1993.bsky.social and Tao Zha www.nber.org/papers/w35604

It's been an immersive pleasure to work on this with the great @benmoll.bsky.social, Chiyuan & Andreas! In short, we propose 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐚𝐥 𝐑𝐋 to sidestep the curse of dimensionality of heterogeneous agent macro, which enables fast global solutions to models we struggled with!

Ben Moll@benmoll.bsky.social · 9mo ago

New paper: benjaminmoll.com/SRL/

We've kicked off the 𝟮𝟬𝟮𝟱 𝗔𝗿𝗲𝗮 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗼𝗻 𝗠𝗮𝗰𝗿𝗼, 𝗠𝗼𝗻𝗲𝘆, 𝗮𝗻𝗱 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗙𝗶𝗻𝗮𝗻𝗰𝗲, organized by Markus Brunnermeier, @princetonecon.bsky.social. Looking forward to the keynote speech by 𝗛𝗮𝗿𝗼𝗹𝗱 𝗝𝗮𝗺𝗲𝘀, Princeton, on Global Finance 3.0 today! ℹ️ www.ifo.de/en/cesifo/ev...

Welcome to Zurich!!

Rachel Leah Childers@donskerclass.bsky.social · last yr.

Professional Update: I am now a Senior Research Associate (postdoc) at the Department of Finance, Universität Zürich, sponsored by Felix Kübler and Yucheng Yang on a grant through the Swiss NSF! I'm looking forward to being part of the Computational Economics community in Switzerland and Europe!

A fantastic conference honoring a great economist and friend. Albert’s T-shirt in the picture, co-designed by Jordi Galí and OpenAI, features a Ghibli-style illustration of Marcet and Sargent pondering how agents form expectations.

Tim Kehoe 🇺🇸🇨🇦🇲🇽🇺🇦@tkehoe.bsky.social · last yr.

“Artificial Intelligence and Learning the Macroeconomy: Workshop in Honor of Albert Marcet,” BSE Summer Forum, 19-20 June 2025.

Ending this semester’s macro seminar series at UNC with an absolute highlight: Jonathan Payne @princetonecon.bsky.social taught us his brilliant joint work with @yuchengyang1993.bsky.social and Adam Rebei on *Deep Learning for Search and Matching Models*

Wrapped up an exciting workshop on cutting-edge methods in macro & trade! Great talks using deep learning, combinatorial optimization, LLMs, and beyond to study tariffs, tech wars, sanctions, monetary/fiscal/climate/financial policies, and many other important questions!

Yucheng Yang@yuchengyang1993.bsky.social · last yr.

Very excited to co-host the 𝐖𝐨𝐫𝐤𝐬𝐡𝐨𝐩 𝐨𝐧 𝐀𝐈 𝐚𝐧𝐝 𝐍𝐞𝐰 𝐌𝐞𝐭𝐡𝐨𝐝𝐬 𝐢𝐧 𝐌𝐚𝐜𝐫𝐨 𝐚𝐧𝐝 𝐓𝐫𝐚𝐝𝐞 in Zurich this week! Looking forward to learning from leading economists pushing the frontier of new methods to tackle big questions of our time. @kubler.bsky.social @compsimon.bsky.social @leonardo-melosi.bsky.social

Very excited to co-host the 𝐖𝐨𝐫𝐤𝐬𝐡𝐨𝐩 𝐨𝐧 𝐀𝐈 𝐚𝐧𝐝 𝐍𝐞𝐰 𝐌𝐞𝐭𝐡𝐨𝐝𝐬 𝐢𝐧 𝐌𝐚𝐜𝐫𝐨 𝐚𝐧𝐝 𝐓𝐫𝐚𝐝𝐞 in Zurich this week! Looking forward to learning from leading economists pushing the frontier of new methods to tackle big questions of our time. @kubler.bsky.social @compsimon.bsky.social @leonardo-melosi.bsky.social

Each year @econometric.bsky.social @qe-editors.bsky.social organize a special topic session @ASSA. Upcoming #ASSA2025: "Computation Methods for Challenging Macro Models" w Jesus Fernandez-Villaverde, Lilia Maliar, Matt Rognlie & me. Thanks Jesus, Jim & Morten for the invite! Join us at 10 on Jan 3.

The UZH Faculty of Business features our faculty in an interview about their career, research, and more - in their favorite local restaurant. Check out this recent conversation with my colleague Felix Kubler @kubler.bsky.social! www.oec.uzh.ch/en/current/m...

very happy to have made it to Zurich for the brilliant and fun Inaugural lecture by @yuchengyang1993.bsky.social on AI for Economics: Heterogeneous Agent Macro-Finance

The great @yuchengyang1993.bsky.social is here! Highly recommend if you are interested in Macro, Finance, Deep Learning or all three =)