Sid Gundapaneni
@MacroscopeEcon
Studying monetary theory, self-insurance, and mechanism design.
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Hurts forgot his Bellman equation, you hate to see it.
"You live life forward, but you learn it backwards." @JalenHurts with another bar ✍️
How can you sustain debt/gdp ratios >>200%? at least for a while. By running a sovereign wealth fund with borrowed money, with 2 ingredients. 1⃣financial repression: relying on low-rate policies that tax depositors to keep your funding costs low, 2⃣risk-taking: earning a spread…
The Fall 2025 issue of the Journal of Economic Perspectives (39, 4) is now available online at aeaweb.org/issues/826.
Interesting whether the Manhattan Cuomo supporters have any superior information or are expressive betting In general a nice test of how betting markets aggregate info here
Let me explain why I believe modern economics is such a powerful tool for understanding the world. I’ll do this by discussing a great paper by Simone Cerreia-Vioglio, @UncertainLars, Fabio Maccheroni, and Massimo Marinacci, “Making Decisions Under Model Misspecification,”…
I have a truly fantastic Econ PhD job market candidate on the market this year: Francisco Bullano is a macroeconomist whose research bridges public economics and health. His Web page: franciscobullano.com Please look at his job market package very closely.
My student @AlessandroLavia is conducting a job search this year. Alessandro is amazingly productive, with 6 projects well underway in international finance and macro. He's great colleague too, with many collaborators including @micheleboldrin. alessandrolavia.com/home-page
I cannot understate how much I enjoyed Chad Jones’ talk at Hoover’s past weekly seminar. He’s an absolutely phenomenal presenter. A must-watch for anyone interested in growth, labor, or AI. youtu.be/U-ziizXkuXg?si…
youtube.com
YouTube
Artificial Intelligence and Economic Growth | Hoover Institution
Putting the Hartley back in Taft-Hartley! A huge honor to testify in the US Senate Health, Education, Labor, and Pensions Committee Hearing “Labor Law Reform Part 2: New Solutions for Finding a Pro-Worker Way Forward”. Full Testimony and Hearing Here: help.senate.gov/hearings/labor…
The use of formal math in economics took off in the mid-20th century, as during that time, economic debates using verbal language started to run into corners. For example, the Keynes-Hayek business cycle theory debate in the 1930s, where each responded to the other's positions…
The "official" justification for the use of mathematics in economics is to force the economist to be fully explicit, showing the "internal structure" of their reasoning by articulating it using a fully explicit formal machinery. I think this justification makes a lot of sense.
Thrilled that my paper "The Cost of Curbing Externalities with Market Power: Alcohol Regulations and Tax Alternatives" with @conlon_chris was accepted by the Journal of Political Economy @JPolEcon!
The November issue of JPE is now available at journals.uchicago.edu/toc/jpe/2025/1…. This issue features an In Memoriam to Robert E. Lucas Jr.--a tribute to his lasting impact on economics and as JPE editor. Contributors include T. Sargent, F. Alvarez, B. Jovanovic, and N. Stokey. #econtwitter
Got a 97 on my grad measure theory midterm, I can finally sleep well at night😌 Next up, the final, followed by Duffie’s (in)famous Asset Pricing course!
Does it say anything that grad programs are seemingly taking the brunt of these cuts?
🚨Breaking: @Harvard just announced massive cuts to dozens of its PhD programs, citing “financial pressure.” - Science PhD admissions reduced by more than 75% - Arts & Humanities reduced by about 60% - Social Sciences by 50–70% - History by 60% - Biology by 75% - The German…
I just remembered the government is still shutdown lol. Is this getting resolved anytime soon?
I sent an email to P. Diaconis yesterday to tell him how much I liked his paper ‘Generating a Random Permutation with Random Transpositions’ (1981), and that our work below was inspired by it. He actually replied, which is awesome! He also pointed me to another application of…
On the Statistical Query Complexity of Learning Semiautomata: a Random Walk Approach Work with @ggiapitz, @EshaanNichani and @jasondeanlee. We prove the first SQ hardness result for learning semiautomata under the uniform distribution over input words and initial states,…
The Naroditsky family shares the sad news of Daniel’s unexpected passing. Daniel was a talented chess player, educator, and beloved member of the chess community. We ask for privacy as the family grieves.
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