Christian Matthes
@cmatthes.bsky.social
Econ Professor @ ND. Macroeconomics and (mainly Bayesian) Econometrics
Reposted by Christian Matthes
We had a banner year with hiring last year, adding 11 (yes, 11!) new full-time faculty members. Check out this @ArtsLettersND news story highlighting the new members of our community:
al.nd.edu/news/latest-...
@cmatthes.bsky.social
al.nd.edu/news/latest-...
@cmatthes.bsky.social
Department of Economics adds 11 leading scholars to its faculty, including two endowed chairs
The Department of Economics in the College of Arts & Letters at the University of Notre Dame has added 11 new economists to its faculty, including t...
al.nd.edu
September 30, 2025 at 5:40 PM
We had a banner year with hiring last year, adding 11 (yes, 11!) new full-time faculty members. Check out this @ArtsLettersND news story highlighting the new members of our community:
al.nd.edu/news/latest-...
@cmatthes.bsky.social
al.nd.edu/news/latest-...
@cmatthes.bsky.social
Reposted by Christian Matthes
Hot off the presses at AEJ: Macro, "The Consumption Origins of Business Cycles: Lessons from Sectoral Dynamics" @aeajournals.bsky.social from our colleague Christian Matthes and Felipe Schwartzman
www.aeaweb.org/articles?id=...
www.aeaweb.org/articles?id=...
The Consumption Origins of Business Cycles: Lessons from Sectoral Dynamics
(October 2025) - We measure the impact of household consumption shocks on aggregate fluctuations. These shocks affect household consumption directly, and production and prices indirectly through their...
www.aeaweb.org
September 29, 2025 at 2:44 PM
Hot off the presses at AEJ: Macro, "The Consumption Origins of Business Cycles: Lessons from Sectoral Dynamics" @aeajournals.bsky.social from our colleague Christian Matthes and Felipe Schwartzman
www.aeaweb.org/articles?id=...
www.aeaweb.org/articles?id=...
Connor Brennan, Maggie Jacobson, Todd Walker, and I have now made the shock series we created for our “Monetary Policy Shocks: Data or Methods?” paper public. Any comments are greatly appreciated!
Data: doi.org/10.7910/DVN/MQ…
Paper: cm1518.github.io/files/BMW.pdf
Data: doi.org/10.7910/DVN/MQ…
Paper: cm1518.github.io/files/BMW.pdf
https://doi.org/10.7910/DVN/MQ…
June 28, 2025 at 2:33 AM
Connor Brennan, Maggie Jacobson, Todd Walker, and I have now made the shock series we created for our “Monetary Policy Shocks: Data or Methods?” paper public. Any comments are greatly appreciated!
Data: doi.org/10.7910/DVN/MQ…
Paper: cm1518.github.io/files/BMW.pdf
Data: doi.org/10.7910/DVN/MQ…
Paper: cm1518.github.io/files/BMW.pdf
I am blessed and excited to move to Notre Dame. A fantastic department with many great colleagues in a special university.
February 14, 2025 at 11:25 PM
I am blessed and excited to move to Notre Dame. A fantastic department with many great colleagues in a special university.
It’s really been a labor of love - glad to see the paper finally out!
Forthcoming in AEJ: Macroeconomics: "The Consumption Origins of Business Cycles: Lessons from Sectoral Dynamics" by Christian Matthes and Felipe Schwartzman. www.aeaweb.org/articles?id=...
The Consumption Origins of Business Cycles: Lessons from Sectoral Dynamics
(Forthcoming Article) - We measure the impact of household consumption shocks on aggregate fluctuations.
These shocks affect household consumption directly, and production and prices indirectly
throug...
www.aeaweb.org
January 1, 2025 at 12:01 AM
It’s really been a labor of love - glad to see the paper finally out!
I’ve been playing around with o1 pro mode, but for the things I had it do it didn’t seem worth the price relative to the $20 package. Any recommendations for tasks/prompts where pro mode shines? ( I wonder if the tasks I was asking it to do were too simple)
December 31, 2024 at 7:15 PM
I’ve been playing around with o1 pro mode, but for the things I had it do it didn’t seem worth the price relative to the $20 package. Any recommendations for tasks/prompts where pro mode shines? ( I wonder if the tasks I was asking it to do were too simple)
Listen guys, I don’t want to brag, but it looks like Econometrica really wants to publish my work
December 4, 2024 at 2:53 PM
Listen guys, I don’t want to brag, but it looks like Econometrica really wants to publish my work
Reposted by Christian Matthes
Mein Interview im Deutschlandfunk zur Wirtschaftskrise in Deutschland:
www.deutschlandfunk.de/strukturelle...
www.deutschlandfunk.de/strukturelle...
Strukturelle Wirtschaftskrise - was tun? Interview Ökonom Rüdiger Bachmann, Uni
www.deutschlandfunk.de
November 27, 2024 at 2:10 AM
Mein Interview im Deutschlandfunk zur Wirtschaftskrise in Deutschland:
www.deutschlandfunk.de/strukturelle...
www.deutschlandfunk.de/strukturelle...
Ethan is a great economist, but I think he found his true calling with this thread.
a thread of examples that there is no Great Stagnation :
November 21, 2024 at 1:35 AM
Ethan is a great economist, but I think he found his true calling with this thread.
“Detached from reality”? I strongly disagree. In terms of price levels (which is what households really care about), the change over the last few years was significant and permanent. Wages for many have not caught up, so these are real effects.
👇🎯 I was very wrong that Biden moving big & fast to not repeat Obama's fiscal policy errors w/d pay off politically by 2024. I never imagined the Great National Panic about temporarily higher single-digit inflation would be so media-driven or detached from material reality (bsky.app/profile/mcop...)
November 18, 2024 at 1:25 AM
“Detached from reality”? I strongly disagree. In terms of price levels (which is what households really care about), the change over the last few years was significant and permanent. Wages for many have not caught up, so these are real effects.
Great two day visit at the Cleveland Fed. I learned a lot!
November 16, 2024 at 3:13 AM
Great two day visit at the Cleveland Fed. I learned a lot!
Crazy to think that 100 years ago the next stop on my train was the epicenter of math and physics research worldwide
October 25, 2023 at 12:42 PM
Crazy to think that 100 years ago the next stop on my train was the epicenter of math and physics research worldwide
Da kommen Erinnerungen an die 80er hoch
October 18, 2023 at 9:32 PM
Da kommen Erinnerungen an die 80er hoch
Highly recommended!
October 8, 2023 at 9:53 PM
Highly recommended!
Great quote! Makes me think of some fields in economics that still rely on static models, but then want to discuss the effects of policy changes.
Great quote by Koopmans on tractability traps in economics (or trampolines?)
I wish I had remembered it earlier
"Tools...may even come to dominate an entire period or school of thought. Our servants may thus become our guides, for better or for worse, depending on the accidents of the case"
I wish I had remembered it earlier
"Tools...may even come to dominate an entire period or school of thought. Our servants may thus become our guides, for better or for worse, depending on the accidents of the case"
October 7, 2023 at 12:37 AM
Great quote! Makes me think of some fields in economics that still rely on static models, but then want to discuss the effects of policy changes.
From a dinner talk by Lars Hansen at the conference in honor of my colleague Joon Park.
This tension was huge when I was at the Fed - understanding (and appreciating) uncertainty is something many policymakers should work on.
This tension was huge when I was at the Fed - understanding (and appreciating) uncertainty is something many policymakers should work on.
September 30, 2023 at 2:38 AM
From a dinner talk by Lars Hansen at the conference in honor of my colleague Joon Park.
This tension was huge when I was at the Fed - understanding (and appreciating) uncertainty is something many policymakers should work on.
This tension was huge when I was at the Fed - understanding (and appreciating) uncertainty is something many policymakers should work on.
Come for the explanation why Thomas Lubik and I changed priors, stay for the many, many, many star based puns 🫣
www.richmondfed.org/publications...
www.richmondfed.org/publications...
The Stars Our Destination: An Update for Our R* Model
The updates result in a less volatile r* series that more closely reflects our prior belief as to where r* likely is.
www.richmondfed.org
September 27, 2023 at 7:09 PM
Come for the explanation why Thomas Lubik and I changed priors, stay for the many, many, many star based puns 🫣
www.richmondfed.org/publications...
www.richmondfed.org/publications...
Apparently Heisenberg didn’t need Linear Algebra to get into grad school 😁
( from “The Man from the Future” by A. Bhattacharya)
( from “The Man from the Future” by A. Bhattacharya)
September 24, 2023 at 6:51 PM
Apparently Heisenberg didn’t need Linear Algebra to get into grad school 😁
( from “The Man from the Future” by A. Bhattacharya)
( from “The Man from the Future” by A. Bhattacharya)
We’re hiring at IU! In particular, we’re looking to hire an endowed chair in macro. If you are interested feel free to reach out! I think we have a great department with lots of people doing really cool research.
indiana.peopleadmin.com/postings/20326
indiana.peopleadmin.com/postings/20326
Associate or Full Professor in Economics
The Department of Economics at Indiana University, Bloomington invites applications for tenured position at the rank of Associate or Full Professor in the field of Macroeconomics to begin in the fall ...
indiana.peopleadmin.com
September 22, 2023 at 9:41 PM
We’re hiring at IU! In particular, we’re looking to hire an endowed chair in macro. If you are interested feel free to reach out! I think we have a great department with lots of people doing really cool research.
indiana.peopleadmin.com/postings/20326
indiana.peopleadmin.com/postings/20326