As the final exams coming, the time-budget has been more and more tight for me. I really want to go to the seminars, but there is not enough time for me to do that -- I always feel so tired....
Anyway, last Friday there was a workshop I cannot miss:
CREI-CEPR Workshop "Changes in Labor Market Dynamics"
Because Jordi Galí and Thijs van Rens, CREI and CEPR organized it.....And I'm really interested in labor market.
I listened to the first three speeches,
Demand Shocks Trigger Productivity Increases
Yan Bai, Arizona State University | W.P. Carey S. of Business, *José Víctor Ríos Rull, University of Minnesota, Kjetil Storesletten, Federal Reserve Bank of MinneapolisThe Vanishing Procyclicality of Labor Productivity
Jordi Galí, CREI, UPF & Barcelona GSE, Thijs van Rens, CREI & UPFThe Demise of Okun’s Law and of Procyclical Fluctuations in Conventional and Unconventional Measures of Productivity
Robert Gordon, Northwestern University
Eh..... Maybe due to the limit of time, they only introduced their works briefly. The problem for me is that I learned more labor related topics in a microeconomic view, not the macro one. Therefore, although the presentations were talking about labor, I still felt unfamiliar. Anyway, listening is a kind of learning and enjoying. Why not?
This afternoon was the regular microeconomics seminar, and it was
Bayesian Persuasion and Competition and Persuasion
[click here to download PDF]Emir Kamenica (Chicago Booth School of Business)
CREI-CEPR Workshop "Changes in Labor Market Dynamics"
Again, I failed to catch up with all of his content. I was enjoying the first 1/3 part of his presentation, and then suddenly I realized that I cannot understand him any more. Haha... The interesting thing was not only me, but also most of the audience in the room kept silent. Nearly no questions, no discussions and no....no answer when the speaker asked something. Haha~ Anyway, perhaps the difference between economics and business are still big, so we don't really understand what's their aim. Or the models are quite different.... I cannot find any more possible explanations. Forgive me!
Ok, this post has successfully become a normal record of my day. I don't really want to lost my feeling for economics, but the problem sets....are still there. No choice.
It seems that now the Chicago B-School is the Bayesian club.
I feel so.... And the worst thing is that I cannot figure out what questions they are talking. It seems so complicated, even in their applications examples. But it is business school, not math or physics.