Michael McMahon

@mcmahonecon.bsky.social

Macro Prof @ Oxford Econ. Former member of Ireland’s Fiscal Council and otherwise spend my work time thinking about central banks, communication and inventories!

Today marks the 180th anniversary of the birth of great Irish/Oxford economist Francis Ysidro Edgeworth. Most remembered now by students for the Edgeworth Box, he was the founding editor of the Economic Journal and is buried less than 400 feet from the Economics Dept with a beautiful Celtic cross.

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I haven't said anything on the Chancellor's CV discussion (I was travelling and not paying deep attention). I spoke to Jagjit Chadha but now non-economist friends have mentioned it to me so I wanted to say publicly what I have said to them privately: This is a ridiculous attack.

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2/5 This larger deficit was a result of higher-than-expected expenditure. As the Council noted in it’s recent Fiscal Assessment Report, known overruns were not adequately factored into the Budget 2024 forecasts, resulting in this higher-than-expected expenditure.

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I just wrote a referee report and I have enjoyed the thought process involved and learned something useful for my own research. This happens often when I teach and almost always when supervising students/speaking with mentees. Our job tasks can be complementary to research. But I don’t need more. 😁

🚨CEPR RPN Webinar🚨 Dec 7th 15.00 UK: Ryan Rholes will present experimental evidence on how central bank forecast errors affect inflation expectation formation. And, particularly importantly, the role communication can play to help CBs after errors. Come along: cepr-org.zoom.us/webinar/regi...

Welcome! You are invited to join a webinar: Central Bank Communication RPN Seminar Series. After reg...

With the growing importance of central bank communication, both with markets and with a wider audience, there remain important questions regarding the channels through which communication has effects,...

cepr-org.zoom.us