I asked my third-year undergrads to use AI to read Mortensen and Nagypál (2007), so we could have a discussion about the volatility puzzle of the DMP model. It was a fantastic exercise - I asked them to rank the solutions to the puzzle and this was the result #econsky

After a fantastic @eui-eco.bsky.social alumni conference, I played fancy dress with my students one last time. These people are bound to do great things, and it has been an immense privilege to teach them these past years. Thank you for the opportunity (particularly Russel) and best of luck!

Econ derby
@eui-eu.bsky.social @eui-eco.bsky.social
#coppapavone My co-author did an espectacular assist, but the best part as always was the curva. The passion and creativity of these guys makes me low key so proud 🥲

Ha! I also always use 42 for the jokes, but it turns out there is a sound reasoning behind it, according to Claude:

It's been great to be back @eui-eu.bsky.social to watch coauthor
@astridruland.bsky.social defend her thesis feat. our paper and become a doctor 🥳 brava!!!

#econsky may I introduce you to the basic DMP model graphic explainer for undergrads. Explains the intuition so we can talk about equilibrium wage and tightness without going into value functions. Matching function is a bar, unemployed get free drinks (b) firms pay for entry.

Fun times presenting at the Southwest Macro Workshop! Thanks to Arpad and Nikos for putting together another great edition.

📈📉 On the first lecture of the year, I like to ask my undergraduate students, first-year economics majors, what they think economists do. These are the results for this year's cohort:

And that's another year of Probability lectures at EUI done! My legacy this year: a 1st year cohort that knows
how markov chains work ✅ I'll miss them all, they are a great cohort, and not just because they put memes in the problem sets...

I was awesome to attend the @coreecon.bsky.social workshop and meet some fellow instructors! Loads of new ideas and inspiration for the semester ahead. I forgot to take a picture of the workshop itself on the hurry to catch the plane, so please accept this sunny Durham instead