Michael McMahon
@mcmahonecon.bsky.social
Macro Prof @ Oxford Econ. Member of Ireland’s Fiscal Council and otherwise spend my work time thinking about central banks, communication and inventories!
Economics
81%
Business
10%
Virtual Seminar on Monetary Economics
A monthly series joint with the Center for Monetary Research at the SF Fed
6 Nov 17:00 CET
Join us this week for a seminar with Jordi Galí presenting “Rethinking the New Keynesian Model (I): The Monetary Policy Block”
cepr.org/events/event...
#EconSky #EconConf
A monthly series joint with the Center for Monetary Research at the SF Fed
6 Nov 17:00 CET
Join us this week for a seminar with Jordi Galí presenting “Rethinking the New Keynesian Model (I): The Monetary Policy Block”
cepr.org/events/event...
#EconSky #EconConf
Looking forward to having Jordi on the webinar on Thursday.
Sign up details in the links below! 👇🏻
Sign up details in the links below! 👇🏻
Reposted by Michael D. Bauer, Michael McMahon
Virtual Seminar on Monetary Economics
A monthly series joint with the Center for Monetary Research at the SF Fed
6 Nov 17:00 CET
Join us this week for a seminar with Jordi Galí presenting “Rethinking the New Keynesian Model (I): The Monetary Policy Block”
cepr.org/events/event...
#EconSky #EconConf
A monthly series joint with the Center for Monetary Research at the SF Fed
6 Nov 17:00 CET
Join us this week for a seminar with Jordi Galí presenting “Rethinking the New Keynesian Model (I): The Monetary Policy Block”
cepr.org/events/event...
#EconSky #EconConf
Welcome! You are invited to join a webinar: Central Bank Communication RPN Seminar Series. After registering, you will receive a confirmation email about joining the webinar.
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
🚨CEPR webinar 🚨
Thursday 3pm UK/ 4pm CET / 10am EST
Carola Binder will talk about “Partisan Trust in the Federal Reserve”
Register here:
cepr-org.zoom.us/webinar/regi...
Thursday 3pm UK/ 4pm CET / 10am EST
Carola Binder will talk about “Partisan Trust in the Federal Reserve”
Register here:
cepr-org.zoom.us/webinar/regi...
Michael McMahon
@mcmahonecon.bsky.social
· Apr 25
Welcome! You are invited to join a webinar: Central Bank Communication RPN Seminar Series. After registering, you will receive a confirmation email about joining the webinar.
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
Excited to restart the CB communication webinars by speaking with Loretta Mester, ex-FOMC member and someone who has both studied CB comms and been at the policy frontier of it.
It will be Thurs May 1, 15:00 UK time and promises to be a wonderful 74 mins.
Register:
cepr-org.zoom.us/webinar/regi...
It will be Thurs May 1, 15:00 UK time and promises to be a wonderful 74 mins.
Register:
cepr-org.zoom.us/webinar/regi...
I regularly take seminar visitors for the short walk to see the grave. It gets them out in the fresh air, and I get to mention others buried there like John Fleming and Kenneth Graham (Bank of England employee who wrote Wind in the Willows).
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.
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.
Michael McMahon
@mcmahonecon.bsky.social
· Jan 22
Reposted by Michael McMahon
Arun Advani
@arunadvani.bsky.social
· Jan 19
🚨PRE-DOC OPPORTUNITY🚨
If you are
🔸considering a future in #econ research, via a PhD or other paths (thinktanks, civil service);
🔸interested in studying Qs abt tax, growth & ineq;
then come work w/me, @andy-summers.bsky.social + @centaxuk.bsky.social team
econjobmarket.org/positions/11...
#econ_ra
If you are
🔸considering a future in #econ research, via a PhD or other paths (thinktanks, civil service);
🔸interested in studying Qs abt tax, growth & ineq;
then come work w/me, @andy-summers.bsky.social + @centaxuk.bsky.social team
econjobmarket.org/positions/11...
#econ_ra
Reposted by Bárbara De Cock, Michael McMahon
Susie Dent
@susiedent.com
· Dec 30
Word of the day is most definitely ‘hurkle-durkling’ (19th-century Scots): to linger in bed long after it’s time to get up.
Michael McMahon
@mcmahonecon.bsky.social
· Dec 15
Yes please.
👍🏻 Makes sense you can lock them but I haven’t a musical bone in my body and hence I’m probably not allowed within many metres of such grand instruments.
Naivety incoming - I had no idea you could lock pianos! Is it the piano itself or is there a locking mechanism on those covers?
Speculatively, they could refuse to carry out their duty (presumably claiming they don’t have legal jurisdiction) or they could carry out their duty and claim they failed to meet standards (blocking the bond).
Either leads to discrimination claims (especially as they already approved previously).
Either leads to discrimination claims (especially as they already approved previously).
It’s a duty as a member of EU. Of course, if they somehow didn’t do it (not a lawyer so don’t know how this happens or consequences for CBoI), then another authority could do it and there is no change for sale of bonds.
So while it is definitely is against public opinion, it isn’t a choice as such.
So while it is definitely is against public opinion, it isn’t a choice as such.
Prospectus Regulation | Central Bank of Ireland
Page provides an outlined of the Central Bank’s obligations under the provisions of the Prospectus Regulations
www.centralbank.ie
Ireland is the “Home Member State” for Israeli bonds in the EU. Israel chooses which state it designates (was UK until Brexit). Once chosen, CBoI is the competent authority that has to check their bond prospectuses comply with rules (“approve them”).
www.centralbank.ie/regulation/i...
www.centralbank.ie/regulation/i...
Are you hiring on the Econ Job market seeking someone who does macro and applied experimental? Look no further than my @oxfordecondept.bsky.social student Alena Wabitsch. She works on expectation formation, mon policy, and labour. She has already published some papers and won awards.
bit.ly/499n7QK
bit.ly/499n7QK
We’re hiring two predocs / research assistants at @cephie.bsky.social @quceh.bsky.social hrwebapp.qub.ac.uk/tlive_webrec...
Job profile
hrwebapp.qub.ac.uk
Great group hiring RAs / pre-docs.
Reposted by Daniel Kaufmann, Michael McMahon
Job profile
hrwebapp.qub.ac.uk
We’re hiring two predocs / research assistants at @cephie.bsky.social @quceh.bsky.social hrwebapp.qub.ac.uk/tlive_webrec...
Expect the productivity of #EconSky to rise impressively - TFP legend @johnfernald.bsky.social has entered the mix. 😁
Especially after the earlier hit from @overleaf.com going down!
(Actually lots of great economists continue to join.)
Especially after the earlier hit from @overleaf.com going down!
(Actually lots of great economists continue to join.)
Michael McMahon
@mcmahonecon.bsky.social
· Nov 25
By this stage of their career they are high-ranking politicians who are charged with selecting and implementing the policies desired by the government.
I prefer to live in a world where it is these selected policies that people focus on, discuss and criticise.
I prefer to live in a world where it is these selected policies that people focus on, discuss and criticise.
Michael McMahon
@mcmahonecon.bsky.social
· Nov 25
I have said before that I think it is useful to have someone with economics training in the position of Chancellor. It makes them better consumers of the briefings they receive and they can challenge views on their desired policies. But...
Michael McMahon
@mcmahonecon.bsky.social
· Nov 25
What to say on Halifax period? I don't know in the sense that I wasn't there. But many people who train as economists go into other areas of the world and bring their economics training to usefully bear on those areas. I'm Ok that they can still think of themselves as economists.
Michael McMahon
@mcmahonecon.bsky.social
· Nov 25
So what does it mean to suggest that she was a junior analyst? Or didn't stand out? Having sat in meetings with Rachel over many years, she was doing the same thing I and other junior people were doing - learning from more senior people in our divisions and the whole MA area.
Michael McMahon
@mcmahonecon.bsky.social
· Nov 25
She absolutely was an macroeconomist - not because of her training but because of what she did day to day. We analysed international macroeconomies and I think we were in a great environment for learning. And we were learning - UG and MSc does not train you as a macroeconomist.
Michael McMahon
@mcmahonecon.bsky.social
· Nov 25
As background-I was also at the @bankofengland.bsky.social at the same time as Rachel and we worked under Governor Bailey in IEAD. We were both new to the job. We also had similar training (UG econ and then MSc from LSE). I may also be considered biased since I now work @oxfordecondept.bsky.social .
Michael McMahon
@mcmahonecon.bsky.social
· Nov 25
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.
Michael McMahon
@mcmahonecon.bsky.social
· Nov 25
Managing the present, shaping the future - speech by Clare Lombardelli
Given at the Bank of England Watchers Conference, London
www.bankofengland.co.uk
Clare Lombardelli’s first speech as Deputy Governor @bankofengland.bsky.social delivered at the Bank of England watchers conference.
www.bankofengland.co.uk/speech/2024/...
www.bankofengland.co.uk/speech/2024/...
Michael McMahon
@mcmahonecon.bsky.social
· Nov 21
Happy to be added as a foreign-based Irish watcher 😁🇮🇪
Michael McMahon
@mcmahonecon.bsky.social
· Nov 21
Communicating Mathematical and Data Sciences – What does Success Look Like? - Programme | Newton Gateway to Mathematics
gateway.newton.ac.uk
Off to @cambridgeuni.bsky.social today to give a talk with Matt Naylor and to speak on a panel at the Isaac Newton Institute discussing communication. What an exciting honour.
Full programme is here:
gateway.newton.ac.uk/event/tgm143...
Full programme is here:
gateway.newton.ac.uk/event/tgm143...