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If Chat GPT can't figure out the actual topic of a highly cited paper in the QJE, and just makes up a different, wrong, description each time, not sure this is going to work out well for helping summarize any literature.
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Here's the paper and abstract I asked about.
https://academic.oup.com/qje/article/134/3/1405/5484905
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If Chat GPT can't figure out the actual topic of a highly cited paper in the QJE, and just makes up a different, wrong, description each time, not sure this is going to work out well for helping summarize any literature.
You can follow me on Threads
What happens when you re-heat a soft landing?
You get a soggy landing.
Cc @Noahpinion@twitter.com
Here's the paper and abstract I asked about.
https://academic.oup.com/qje/article/134/3/1405/5484905
One lesson from the Great Reshuffle/Resignation: a super competitive labor market does not look like a textbook perfect competitive market.
Instead has tons of movements along the job ladder, active employer recruitment, unfilled vacancies…
The best thing about the over-salient tech layoffs is that maybe they will help the Fed feel it has accomplished re-burnishing its "tough" image.
Every one knows about the industry wage premium, but did you know about industry "layoff news" premium?
Someone should write a story about industry differences in # news stories/layoff.
The # news stories per tech layoff seems to massively exceed stories/layoff from the rest of the economy.
Glad to see that the Fed Vice Chair Brainard is paying attention to our findings on the unexpected wage compression, which also suggests tightness is likely playing only a modest role in inflation dynamics.
https://www.federalreserve.gov/…
There is no way to have a soft landing if the Fed refuses to take yes for an answer and insists on engineering an unnecessary recession.
https://www.cnbc.com/2023/01/18/stock-market-futures-open-to-close-news.html
I was on the academic job market in 2009, one or the worst markets in many generations.
This is why I am economically adjacent to millennials much more so than you would think based on my age (Gen X)
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