Usama_Polani
@usama-polani.bsky.social
In Econ grad school purgatory. When I’m not reading macro and metrics papers I like watching tennis.
Stanley Fischer— so many contributions but I want to highlight.
His speech on need for an international lender of resort which argued for IMF to play that role. Over time as $-funding has become more important, CB swap lines led by the Fed mimic part of that role
His speech on need for an international lender of resort which argued for IMF to play that role. Over time as $-funding has become more important, CB swap lines led by the Fed mimic part of that role
June 1, 2025 at 11:26 AM
Stanley Fischer— so many contributions but I want to highlight.
His speech on need for an international lender of resort which argued for IMF to play that role. Over time as $-funding has become more important, CB swap lines led by the Fed mimic part of that role
His speech on need for an international lender of resort which argued for IMF to play that role. Over time as $-funding has become more important, CB swap lines led by the Fed mimic part of that role
Possibly one dimension of Deepseek/ broader China success tech:
-Large share of STEM grads
-Increasing rates of MSc and Doctoral students
-Growing share of grads in finance as W growth outpaced national but still absolute # of talented STEM grads is large talent reservoir
-Large share of STEM grads
-Increasing rates of MSc and Doctoral students
-Growing share of grads in finance as W growth outpaced national but still absolute # of talented STEM grads is large talent reservoir
January 28, 2025 at 2:00 AM
Possibly one dimension of Deepseek/ broader China success tech:
-Large share of STEM grads
-Increasing rates of MSc and Doctoral students
-Growing share of grads in finance as W growth outpaced national but still absolute # of talented STEM grads is large talent reservoir
-Large share of STEM grads
-Increasing rates of MSc and Doctoral students
-Growing share of grads in finance as W growth outpaced national but still absolute # of talented STEM grads is large talent reservoir
How Chinese Goods ate the world…
Throwback to Feenstra et al(1998), examining growing US-China trade deficit back then(!) linking to
-Macro forces
-China crowding out East Asian imports
“By 1995, China has displaced South Korea as one of the top 5 suppliers of "apparel and other textile products"
Throwback to Feenstra et al(1998), examining growing US-China trade deficit back then(!) linking to
-Macro forces
-China crowding out East Asian imports
“By 1995, China has displaced South Korea as one of the top 5 suppliers of "apparel and other textile products"
November 20, 2024 at 8:17 PM
How Chinese Goods ate the world…
Throwback to Feenstra et al(1998), examining growing US-China trade deficit back then(!) linking to
-Macro forces
-China crowding out East Asian imports
“By 1995, China has displaced South Korea as one of the top 5 suppliers of "apparel and other textile products"
Throwback to Feenstra et al(1998), examining growing US-China trade deficit back then(!) linking to
-Macro forces
-China crowding out East Asian imports
“By 1995, China has displaced South Korea as one of the top 5 suppliers of "apparel and other textile products"
So I will try to use this site with an oversupply of screenshots.
This shows how Gov Debt to GDP has evolved for a range of advanced economies, reaching extremely high levels.
An increasing share of that extra issuance absorbed by domestic banks, possibly a source of fin repression.
This shows how Gov Debt to GDP has evolved for a range of advanced economies, reaching extremely high levels.
An increasing share of that extra issuance absorbed by domestic banks, possibly a source of fin repression.
November 15, 2024 at 1:11 AM
So I will try to use this site with an oversupply of screenshots.
This shows how Gov Debt to GDP has evolved for a range of advanced economies, reaching extremely high levels.
An increasing share of that extra issuance absorbed by domestic banks, possibly a source of fin repression.
This shows how Gov Debt to GDP has evolved for a range of advanced economies, reaching extremely high levels.
An increasing share of that extra issuance absorbed by domestic banks, possibly a source of fin repression.
It’s fun posting currently both here and on Twitter as I can easily cope by pretending the low engagement is due to small audiences and declining Twitter engagement as Musk breaks the site down..
Rather than you know,my posts being bad.
Rather than you know,my posts being bad.
October 31, 2023 at 2:19 PM
It’s fun posting currently both here and on Twitter as I can easily cope by pretending the low engagement is due to small audiences and declining Twitter engagement as Musk breaks the site down..
Rather than you know,my posts being bad.
Rather than you know,my posts being bad.
This is what happens when you let a true nerd design central bank communication without any guidance from generalists.
Or you know the BoJ has no idea how to end this um great experiment in monetary policy
Or you know the BoJ has no idea how to end this um great experiment in monetary policy
October 31, 2023 at 2:16 PM
This is what happens when you let a true nerd design central bank communication without any guidance from generalists.
Or you know the BoJ has no idea how to end this um great experiment in monetary policy
Or you know the BoJ has no idea how to end this um great experiment in monetary policy
Since Crafts passing every few days I pick another random work of his to read at night before bed.
To add to Pseudos predictably good point, I’d add Crafts takes arguments of his opponents seriously & was devastatingly clear where they fell short.
Tonight’s reading was a review of Allen & Mokyr
To add to Pseudos predictably good point, I’d add Crafts takes arguments of his opponents seriously & was devastatingly clear where they fell short.
Tonight’s reading was a review of Allen & Mokyr
Nicholas Crafts was part of the older, and perhaps the last, generation of economic historians of the British Industrial Revolution who took agriculture, agricultural development, and the agricultural revolution seriously. (Now agriculture is totally swamped by the I word...)
October 30, 2023 at 5:13 AM
Since Crafts passing every few days I pick another random work of his to read at night before bed.
To add to Pseudos predictably good point, I’d add Crafts takes arguments of his opponents seriously & was devastatingly clear where they fell short.
Tonight’s reading was a review of Allen & Mokyr
To add to Pseudos predictably good point, I’d add Crafts takes arguments of his opponents seriously & was devastatingly clear where they fell short.
Tonight’s reading was a review of Allen & Mokyr
Swiatek-Bencic and Azarenka-Svitolina 3rd sets occurring simultaneously and Djokovic-Hurkacz to follow under the lights.
A great day of tennis and overall the best first week of a slam I can remember in some time
A great day of tennis and overall the best first week of a slam I can remember in some time
July 9, 2023 at 6:47 PM
Swiatek-Bencic and Azarenka-Svitolina 3rd sets occurring simultaneously and Djokovic-Hurkacz to follow under the lights.
A great day of tennis and overall the best first week of a slam I can remember in some time
A great day of tennis and overall the best first week of a slam I can remember in some time
In anticipation of (hopefully) becoming a dad one day I’ve started reading ‘The making of the atomic bomb’ so there will be one less thing to do when I have a child
July 4, 2023 at 9:07 PM
In anticipation of (hopefully) becoming a dad one day I’ve started reading ‘The making of the atomic bomb’ so there will be one less thing to do when I have a child
Remember when we used to judge people “selling out”?
Millennials have been hit by so many economic shocks that we now seem incapable of holding out celebrities,artists and sports people to any moral standard if it conflicts with $$$$
Millennials have been hit by so many economic shocks that we now seem incapable of holding out celebrities,artists and sports people to any moral standard if it conflicts with $$$$
July 4, 2023 at 1:14 PM
Remember when we used to judge people “selling out”?
Millennials have been hit by so many economic shocks that we now seem incapable of holding out celebrities,artists and sports people to any moral standard if it conflicts with $$$$
Millennials have been hit by so many economic shocks that we now seem incapable of holding out celebrities,artists and sports people to any moral standard if it conflicts with $$$$
Looking through the graphs in central bank reports raises a challenge to the concept of ideas being non rivalrous and the fast diffusion of information in our modern era…
Some of them clearly have not heard of ggplot2
Some of them clearly have not heard of ggplot2
July 4, 2023 at 12:53 AM
Looking through the graphs in central bank reports raises a challenge to the concept of ideas being non rivalrous and the fast diffusion of information in our modern era…
Some of them clearly have not heard of ggplot2
Some of them clearly have not heard of ggplot2
Very few academic papers have an opening paragraph as engaging as this from Allcott et al(2019)
https://web.stanford.edu/~gentzkow/research/facebook.pdf
https://web.stanford.edu/~gentzkow/research/facebook.pdf
July 2, 2023 at 10:27 PM
Very few academic papers have an opening paragraph as engaging as this from Allcott et al(2019)
https://web.stanford.edu/~gentzkow/research/facebook.pdf
https://web.stanford.edu/~gentzkow/research/facebook.pdf
Starting dates with
“I’m only funny through long-form bits developed via repeated interactions.”
So they have something to look forward to after 9 years of marriage
“I’m only funny through long-form bits developed via repeated interactions.”
So they have something to look forward to after 9 years of marriage
July 2, 2023 at 10:12 PM
Starting dates with
“I’m only funny through long-form bits developed via repeated interactions.”
So they have something to look forward to after 9 years of marriage
“I’m only funny through long-form bits developed via repeated interactions.”
So they have something to look forward to after 9 years of marriage
If you ever wonder what taking multiple Ls can do to your psyche and future performance just look at the multiple generations of mens tennis players post-Big 4.
July 2, 2023 at 1:46 AM
If you ever wonder what taking multiple Ls can do to your psyche and future performance just look at the multiple generations of mens tennis players post-Big 4.
It is somewhat bizarre that we haven’t integrated tech into museums more to improve the user experience.
Why am I still crowding around people to see the little text box next to the painting, why is that not on an app??
(Lourve gave you a little Nintendo 3DS for €5 to map your journey)
Why am I still crowding around people to see the little text box next to the painting, why is that not on an app??
(Lourve gave you a little Nintendo 3DS for €5 to map your journey)
July 2, 2023 at 1:43 AM
It is somewhat bizarre that we haven’t integrated tech into museums more to improve the user experience.
Why am I still crowding around people to see the little text box next to the painting, why is that not on an app??
(Lourve gave you a little Nintendo 3DS for €5 to map your journey)
Why am I still crowding around people to see the little text box next to the painting, why is that not on an app??
(Lourve gave you a little Nintendo 3DS for €5 to map your journey)
The Fed needs to step in here to create a new lending facility for social media websites that serve as a central hub of expertise and analysis on inflation.
(TSLA shares also need to be seen as eligible collateral)
(TSLA shares also need to be seen as eligible collateral)
July 1, 2023 at 11:47 PM
The Fed needs to step in here to create a new lending facility for social media websites that serve as a central hub of expertise and analysis on inflation.
(TSLA shares also need to be seen as eligible collateral)
(TSLA shares also need to be seen as eligible collateral)
Musk is using an incremental based approach to test how bad does your site have to be to override pre-existing network effects..
July 1, 2023 at 2:16 PM
Musk is using an incremental based approach to test how bad does your site have to be to override pre-existing network effects..
New inflation stabilization tool: a way to control the life cycle of durable goods that you’ve purchased
Economy running hot: your appliances will last 5 years
Economy sinking: everyone’s laptops start overheating
Economy running hot: your appliances will last 5 years
Economy sinking: everyone’s laptops start overheating
May 26, 2023 at 10:42 PM
New inflation stabilization tool: a way to control the life cycle of durable goods that you’ve purchased
Economy running hot: your appliances will last 5 years
Economy sinking: everyone’s laptops start overheating
Economy running hot: your appliances will last 5 years
Economy sinking: everyone’s laptops start overheating
In economics we are very good at identifying which mechanisms are important and then struggle at the more difficult task of ranking how important the various channels are..
It’s harder when it’s about a topic where we live in one closed system and have a few crumbs of relevant historical data.
It’s harder when it’s about a topic where we live in one closed system and have a few crumbs of relevant historical data.
May 26, 2023 at 10:38 PM
In economics we are very good at identifying which mechanisms are important and then struggle at the more difficult task of ranking how important the various channels are..
It’s harder when it’s about a topic where we live in one closed system and have a few crumbs of relevant historical data.
It’s harder when it’s about a topic where we live in one closed system and have a few crumbs of relevant historical data.
Just watched last weeks succession episode and that last Shiv and Tom scene was just visceral and hear breaking in the best way.
The two tv shows I watch are good. Have no idea what else is on
The two tv shows I watch are good. Have no idea what else is on
May 14, 2023 at 9:27 PM
Just watched last weeks succession episode and that last Shiv and Tom scene was just visceral and hear breaking in the best way.
The two tv shows I watch are good. Have no idea what else is on
The two tv shows I watch are good. Have no idea what else is on
First alien communication
(translated after decades of work):
Do you understand the dynamics of this relationship, see attached JPEG??
(translated after decades of work):
Do you understand the dynamics of this relationship, see attached JPEG??
May 10, 2023 at 11:24 PM
First alien communication
(translated after decades of work):
Do you understand the dynamics of this relationship, see attached JPEG??
(translated after decades of work):
Do you understand the dynamics of this relationship, see attached JPEG??
Love sport photographs.
May 9, 2023 at 11:49 PM
Love sport photographs.
Nice little box on CRE exposure in the latest Fed FSR
https://www.federalreserve.gov/publications/files/financial-stability-report-20230508.pdf
“Second, CRE property valuations are elevated, and current LTVs could rise considerably if CRE property valuations were to fall .”
https://www.federalreserve.gov/publications/files/financial-stability-report-20230508.pdf
“Second, CRE property valuations are elevated, and current LTVs could rise considerably if CRE property valuations were to fall .”
May 9, 2023 at 10:46 PM
Nice little box on CRE exposure in the latest Fed FSR
https://www.federalreserve.gov/publications/files/financial-stability-report-20230508.pdf
“Second, CRE property valuations are elevated, and current LTVs could rise considerably if CRE property valuations were to fall .”
https://www.federalreserve.gov/publications/files/financial-stability-report-20230508.pdf
“Second, CRE property valuations are elevated, and current LTVs could rise considerably if CRE property valuations were to fall .”
This is the last safe refuge from suits guy, may we continue to live in fashion ignorance
May 9, 2023 at 10:37 PM
This is the last safe refuge from suits guy, may we continue to live in fashion ignorance
All central banks quickly updating their nice charts on monetary policy transmission to add the rediscovered channel of sporadic bank runs
May 6, 2023 at 4:33 PM
All central banks quickly updating their nice charts on monetary policy transmission to add the rediscovered channel of sporadic bank runs