Ernie Tedeschi
ernietedeschi.bsky.social
Personal Account. Chief economist at Stripe. Former Director of Economics, The Budget Lab at Yale University. Former Chief Economist, White House Council of Economic Advisers.
👤 Joined on 03 July 2023
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- 03 Tem 2023, 20:45
🎉 Bluesky'e katıldı - İlk kullanıcı adı:
@ernietedeschi.bsky.social - 10 Kas 2023, 01:57
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So the gap between the SCF total and the Ed Department and tax aggregates roughly sizes what drops out, give or take underreporting. Useful test, and I'll go read Looney on it.
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Should note I'm being cheeky and not actually trying to impugn @ernietedeschi.bsky.social 's character -- this householder (or PEU head per Ernie) issue is something that comes up constantly, people get wrong (imo) and it grinds my gears
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For more on the data bearing on K-shaped see @ernietedeschi.bsky.social . stripeeconomics.substack.com/p/k-shaped-e...
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A nice thread from Guy on JP's comments yesterday on NFP growth being overstated. To which I will add a caveat - the birth/death model is not the principal driver of the wedge between CES and QCEW these last two years. (Warning, statistical esoterica ahead) 🧵1/9
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Phenomenal opportunity for macroeconomists of all levels. Truly cannot recommend the Yale Budget Lab team enough. I've worked extremely closely with most of the people there, and their simultaneous dedication to accuracy and usefulness while ensuring the work environment is enjoyable is unmatched.
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