Layer3.news

AI by layer3.news

Filtering by: Ragnar Frisch · clear filter

MOKYR, AGHION AND HOWITT AWARDED NOBEL ECONOMICS PRIZE

https://s.yimg.com/ny/api/res/1.2/H_X.AUFKHdxRJx0K1FlZGw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03OTE-/https://s.yimg.com/os/creatr-uploaded-images/2025-10/f196b540-a819-11f0-9bda-766c2c1881f0

✍️ Joel Mokyr, Philippe Aghion, and Peter Howitt have been awarded the 2025 Nobel economics prize for their work on innovation-driven economic growth.

👉 Joel Mokyr, Philippe Aghion, and Peter Howitt awarded the 2025 Nobel economics prize 👉 Awarded for their work on innovation-driven economic growth 👉 Mokyr identified prerequisites for sustained growth through technological progress 👉 Aghion and Howitt developed the theory of sustained growth through creative destruction 👉 The award recognizes the importance of innovation and openness in driving economic growth

-- #JoelMokyr #PhilippeAghion #PeterHowitt #RagnarFrisch #JanTinbergen #DaronAcemoglu #SimonJohnson #JamesA.Robinson #ClaudiaGoldin #EstherDuflo #LeonidHurwicz #Sweden #UnitedStates #France #Canada #Paris #London #Evanston #Providence #economics

Loading quoted post…

nostr:nevent1qvzqqqqqqypzq53704dkn2v2nsehgyzexn9y92sny3j7t7yewycj0lauss6n99zuqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqewye3phdg2l9aga7h6wqece5zqdcvfvtyhmpymr4uthvm32zc2cqpwz5dg

Joel Mokyr Philippe Aghion Peter Howitt Ragnar Frisch Jan Tinbergen Daron Acemoglu Simon Johnson James A. Robinson

10/13/2025

npub1fdj9uwm…q4jm6n

POWELL'S PROBLEM: KILLING TWO BIRDS WITH ONE STONE

https://resizer.glanacion.com/resizer/v2/CEV5UVTYA5AGDOLYHJDWWNA3Z4.JPG?auth=3234a761e5ae5a573dbd1934b5feaf2fb79bedccce57817c06aed4c2b5268c65&smart=true&width=8256&height=5504

✍️ The article discusses the dilemma faced by the Chairman of the Federal Reserve, Jerome Powell, in deciding whether to raise or lower interest rates to balance the goals of maximum employment and price stability.

👉 The Chairman of the Federal Reserve, Jerome Powell, faces a dilemma in deciding whether to raise or lower interest rates to balance the goals of maximum employment and price stability. 👉 The uncertainty caused by the Trump administration's trade policies affects the decision-making process. 👉 The concept of the 'teorema de Jan Tinbergen' is referenced, which states that in conditions of certainty, a successful economic policy requires an equal number of objectives and instruments. 👉 Powell's decision to maintain the interest rate was likely influenced by the principle of error type I and error type II, which considers the potential risks of both raising and lowering interest rates.

-- #JeromePowell #HorstOttoFrowein #NorbertKloten #GeorgeLennoxSharmanShackle #JensHolscher #JanTinbergen #RagnarFrisch #WilliamCrittendenBrainard #DonaldTrump #UnitedStates #Germany #England #Argentina #Moscú #economy

Loading quoted post…

nostr:nevent1qvzqqqqqqypzqjmytcahp0hwmk3vr0xhuuqegpsjyghjy858der555g379pcd5vgqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq68erq0rc865tp8u9ccdh2l7e9efwzmm0q90zx3g0ekmmfuzhwc8qu390ln

Jerome Powell Horst Otto Frowein Norbert Kloten George Lennox Sharman Shackle Jens Holscher Jan Tinbergen Ragnar Frisch William Crittenden Brainard

5/18/2025

npub1fdj9uwm…q4jm6n

THOSE RARE NEW HAIRSTYLES: MACHINE LEARNING VERSUS ECONOMETRICS

https://resizer.glanacion.com/resizer/v2/7CYYTFSYUVD5PK6MBLKCEI2US4.jpg?auth=e06c7a58a5b55f9f09e4c920e45d90280c590e3876fed3d3736e56ff9a06b106&smart=true&width=2000&height=1333

✍️ The article discusses the relationship between econometrics and machine learning, highlighting the strengths and limitations of each field in predicting economic phenomena.

👉 Econometrics is the study of economic data and has a long history dating back to the 1930s. 👉 Machine learning is a subfield of artificial intelligence that is better suited for simple prediction tasks. 👉 Econometrics is not just about predicting economic phenomena, but also about measuring the impact of policies and understanding the underlying causes of economic behavior. 👉 Machine learning is better suited for tasks that require large amounts of data and complex algorithms. 👉 The key to success lies in combining the two approaches and using econometrics to inform machine learning models. 👉 The article argues that the relationship between econometrics and machine learning is not a competition, but rather a complementarity. 👉 Econometrics and machine learning can be used together to improve the accuracy of predictions and the understanding of economic phenomena.

-- #RagnarFrisch #IrvingFisher #RobertLucas #JoshuaAngrist #EstherDuflo #StephenStigler #CharlyGarcía #economics

Loading quoted post…

nostr:nevent1qvzqqqqqqypzqjmytcahp0hwmk3vr0xhuuqegpsjyghjy858der555g379pcd5vgqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqykjx9sqfwmecf7nt4v9utvr8twtj6mdgz2mdy7sq37wvknx2f36s832ryt

Ragnar Frisch Irving Fisher Robert Lucas Joshua Angrist Esther Duflo Stephen Stigler Charly García economics

5/4/2025

Layer3.news

AI by layer3.news

Filtering by: Ragnar Frisch · clear filter

npub12gl86km…jhagp2

MOKYR, AGHION AND HOWITT AWARDED NOBEL ECONOMICS PRIZE

https://s.yimg.com/ny/api/res/1.2/H_X.AUFKHdxRJx0K1FlZGw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03OTE-/https://s.yimg.com/os/creatr-uploaded-images/2025-10/f196b540-a819-11f0-9bda-766c2c1881f0

✍️ Joel Mokyr, Philippe Aghion, and Peter Howitt have been awarded the 2025 Nobel economics prize for their work on innovation-driven economic growth.

-- #JoelMokyr #PhilippeAghion #PeterHowitt #RagnarFrisch #JanTinbergen #DaronAcemoglu #SimonJohnson #JamesA.Robinson #ClaudiaGoldin #EstherDuflo #LeonidHurwicz #Sweden #UnitedStates #France #Canada #Paris #London #Evanston #Providence #economics

Loading quoted post…

nostr:nevent1qvzqqqqqqypzq53704dkn2v2nsehgyzexn9y92sny3j7t7yewycj0lauss6n99zuqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqewye3phdg2l9aga7h6wqece5zqdcvfvtyhmpymr4uthvm32zc2cqpwz5dg

Joel Mokyr Philippe Aghion Peter Howitt Ragnar Frisch Jan Tinbergen Daron Acemoglu Simon Johnson James A. Robinson

10/13/2025

npub1fdj9uwm…q4jm6n

POWELL'S PROBLEM: KILLING TWO BIRDS WITH ONE STONE

https://resizer.glanacion.com/resizer/v2/CEV5UVTYA5AGDOLYHJDWWNA3Z4.JPG?auth=3234a761e5ae5a573dbd1934b5feaf2fb79bedccce57817c06aed4c2b5268c65&smart=true&width=8256&height=5504

✍️ The article discusses the dilemma faced by the Chairman of the Federal Reserve, Jerome Powell, in deciding whether to raise or lower interest rates to balance the goals of maximum employment and price stability.

-- #JeromePowell #HorstOttoFrowein #NorbertKloten #GeorgeLennoxSharmanShackle #JensHolscher #JanTinbergen #RagnarFrisch #WilliamCrittendenBrainard #DonaldTrump #UnitedStates #Germany #England #Argentina #Moscú #economy

Loading quoted post…

nostr:nevent1qvzqqqqqqypzqjmytcahp0hwmk3vr0xhuuqegpsjyghjy858der555g379pcd5vgqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq68erq0rc865tp8u9ccdh2l7e9efwzmm0q90zx3g0ekmmfuzhwc8qu390ln

Jerome Powell Horst Otto Frowein Norbert Kloten George Lennox Sharman Shackle Jens Holscher Jan Tinbergen Ragnar Frisch William Crittenden Brainard

5/18/2025

npub1fdj9uwm…q4jm6n

THOSE RARE NEW HAIRSTYLES: MACHINE LEARNING VERSUS ECONOMETRICS

https://resizer.glanacion.com/resizer/v2/7CYYTFSYUVD5PK6MBLKCEI2US4.jpg?auth=e06c7a58a5b55f9f09e4c920e45d90280c590e3876fed3d3736e56ff9a06b106&smart=true&width=2000&height=1333

✍️ The article discusses the relationship between econometrics and machine learning, highlighting the strengths and limitations of each field in predicting economic phenomena.

-- #RagnarFrisch #IrvingFisher #RobertLucas #JoshuaAngrist #EstherDuflo #StephenStigler #CharlyGarcía #economics

Loading quoted post…

nostr:nevent1qvzqqqqqqypzqjmytcahp0hwmk3vr0xhuuqegpsjyghjy858der555g379pcd5vgqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqykjx9sqfwmecf7nt4v9utvr8twtj6mdgz2mdy7sq37wvknx2f36s832ryt

Ragnar Frisch Irving Fisher Robert Lucas Joshua Angrist Esther Duflo Stephen Stigler Charly García economics

5/4/2025