asvesc's profile picture. Finance academic. I don't think 'leverage' is a verb; just because people use it, doesn't make it so (see also: definately).

Astrid Schornick

@asvesc

Finance academic. I don't think 'leverage' is a verb; just because people use it, doesn't make it so (see also: definately).

Soll (tm) ein neues Trademark sein? VWL hat den Begriff Liquiditätsfalle schon bestimmt, und es ist nicht... dies. ‚Weak opinions, strongly held‘ oder wie herum war das...?

„Der Bundeshaushalt steigt auf ein Volumen von 550 Milliarden Euro, 240 Milliarden Euro davon sind neue Schulden. Deutschland und die EU sind mit ihrer Finanzpolitik da angekommen, wo sie niemals hätten hinkommen dürfen: in der Liquiditätsfalle.“ (tm) friedrich-merz.de/merzmail



Astrid Schornick reposted

If God was French...


Astrid Schornick reposted

Aus gegeben Anlass: Solltet ihr je ein Hörgerät finden, dann bringt es bitte zu irgendeinem! Akustiker. Wir haben Möglichkeiten Datenschutzkonform den Kunden idR über mehrere Schritte zu ermitteln. Durch die Masken verlieren leider viele zur Zeit ihre Hörgeräte. #PleaseRT


Astrid Schornick reposted

Having a coffee on either side of the French-Italian border provides one of the great and mysterious examples of frictions in the cross-border movement of goods, services, and knowhow even within the European single market.


Astrid Schornick reposted

Hi new followers, I'm Abdou and my last name is pronounced @and_joy_. I usually tweet about macro, taxes, and math... sometimes. Today is actually my birthday, so I'm gonna talk about the 3 organizations that I'm supporting to celebrate.


Astrid Schornick reposted

in the same way that you always feel average looking but you can see from old pictures of you that you actually looked great in the past, the social and civil struggles of the day always seem controversial even though you can see from old struggles that they were actually obvious


Astrid Schornick reposted

this is amazing 😭 this is the content i signed up for


The union becoming a union.

Europe needs to stay united in difficult times Seven German economists (@MSchularick @GFelbermayr @michael_huether @PeterBofinger @SDullien #Trebesch & myself) ask for 1trn€ common💶 bonds Our piece will also appear in major 🇫🇷🇮🇹🇪🇸 outlets #Covid_19 zeitung.faz.net/faz/wirtschaft…



This seems... unwise. And an admission that one has given up on the education system as actually providing space for learning rather than simply a signaling mechanism.

The Government has published more information on the cancellation of GCSEs and A-Levels which says exam boards will ask teachers to submit judgments about grades they think their students would have received if exams had gone ahead



the fact that kids are not giving up on medium term optimization fills me with hope. (Unsure whether that means my baseline is too pessimistic or too optimistic...)

This post is unavailable.

Astrid Schornick reposted

My semi-annual reminder that claiming “markets are efficient” and “falling prices are a good thing for long-term investors” are statements that are at intrinsic odds with one another.


Astrid Schornick reposted

Space doodles. These diagrams show the patterns that these planets make in our skies. Source: buff.ly/2USBhSv

simongerman600's tweet image. Space doodles. These diagrams show the patterns that these planets make in our skies. Source: buff.ly/2USBhSv

Astrid Schornick reposted

Souvent juste mais déchirant, parce qu’enterré encore un peu vivant par le réformes de l’enseignement supérieur et de la recherche en cours : « La science dont je rêve » par Laure Saint Raymond, mathématicienne academia.hypotheses.org/8780#more-8780 Extraits


Astrid Schornick reposted

We will look after your star & work to ensure the EU is a project you'll want to be a part of again soon! 🇪🇺❤🇬🇧


Astrid Schornick reposted

If 1024 fair coins are each tossed 10 times, chances are good (> 63%) that at least one will come up heads 10 times in a row; and that coin will be proud to explain how its skill, faith, guts & determination made its achievement possible, and how that combo can work for you too.


Astrid Schornick reposted

Consider: millions of years ago our antecedents gave a massive sacrifice of their left hemisphere. We lost a tremendous amount of short term memory and replaced it with Broca’s, Wernicke & the phonological loop. But why? So we can—talk. Thus chimpanzees can do this—we can’t:


Astrid Schornick reposted

Ce n’est pas aux côtés de vieux syndicats opportunistes que les jeunes devraient manifester mais devant les maisons de retraites. Mes explications dans @Le_Figaro d'aujourd'hui. #OkBoomer #retraite #greve

MxSba's tweet image. Ce n’est pas aux côtés de vieux syndicats opportunistes que les jeunes devraient manifester mais devant les maisons de retraites. Mes explications dans @Le_Figaro d'aujourd'hui. #OkBoomer #retraite #greve

Astrid Schornick reposted

The best argument for helicopter money in the Euro area is to get around the fiscal rules. But it is a avenue full of risks, in particular for the ECB. Much better to relax the fiscal rules in the first place.

🚁Helicopter money 🚁 If consumer & business investment demand are too low, why not have the central bank issue & send, say, €500 to every man, woman, and child in the euro area? @pisaniferry & @ojblanchard1 are skeptical this will happen anytime soon. piie.com/blogs/realtime…



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