Update: There is a revised and corrected version of the model and spreadsheet here, with discussion. In a recent post I built a model with one rich person and ten…

by Kenneth Thomas New Model Legislation Would be Great First Step Toward Subsidy Reform Yesterday, Good Jobs First released new model legislation to increase the transparency, accountability, and effectiveness of…

…does incorporate a micro model) discussion of that continues below the fold. The problem—if it is one (I’m inclined to argue it is; YMMV)—is that, having built a model in…

…the Medicare/Medicaid Model, I explored this issue. Specifically, I highlighted a program in Massachusetts that successfully breaks down the silos between these two programs to do what’s best for patients….

…cutting utilization is to be blinded to the actual model presently used for defining what is health and healing. It is not a bad model, it is a model being…

…private interests. Since the IS-LM model reflects the consequences of those policies, we cannot blame it for creating the liquidity trap. Can the IS-LM model guide the Fed to maximize…

…the model with the variance of that disturbance term set to zero — that is — estimation of a model in which the NAWRU is assumed to be a random…

…Fed and others do not know how best to model the state of the economy. I stand alone with a new model for an Effective Demand limit as Keynes envisioned…

…the “Bread and Peace” model by Professor Douglas Hibbs. Hibbs himself has not published any forecasts for this election, but the result forecast by his model has been updated from…

…much fancier models, which are less robust that the super simple Okun’s law model, and that forecasts of potential output are based on a third model (that it it is…