Dave’s Blogs

Blogs about applied econometrics (mostly time series).

Economic Analyst At Piper Sandler (formerly Cornerstone Macro).

Any opinions expressed are my own.

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  • Retooling Our Models
    Some econometric models “broke” during the Covid era. Notably, the New York Fed’s GDP Nowcasting model was suspended. Basically, data were so volatile that their model was no longer delivering […]
  • How Machine Learning Can Save Economics
    Because economists use incredible assumptions in their models, the public routinely loses faith in them. Or at least that’s the sense I get from the media. However, I think as […]
  • Macro Random Forest Leads To Macro Gains In Macro Forecasting
    Tomorrow is the 11th ECB Forecasting Conference. I am excited to see so many top authors: Sims, Engle, Koop, Marcellino, Schorfeide, and many more. It is fitting that so many […]

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