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Miguel Faria e Castro
@mfariacastro
Economist @stlouisfed, Açoriano 🇵🇹🇺🇸. Views are my own.
St Louis, MO
Joined November 2015
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    1/ New with @serdarozkanEN: using the St. Louis Fed DSGE model, we ask whether expectations of future AI-driven productivity gains can raise inflation today. We argue that they can, and that the Fed's response matters a lot. stlouisfed.org/on-the-economy…
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    Ouch: WB chief economist leaves job after higher officials block publication of internal research showing a correlation between foreign aid to developing economies (including WB aid) and jumps in their deposits in foreign financial havens economist.com/finance-and-ec…
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    Welcome to Portugal, here is a Christmas Tree made of salted codfish
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    Não está abandonada nem é gótica.
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    GDP is a flawed measure of economic welfare. That's why I use this alternative index which turns out to have a 99.8% correlation with GDP.
    I took 3 Econ 101 lectures and here's why I think GDP is completely useless yet experienced economists continue to use it.
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    Zelensky spoke today to the Portuguese Parliament, the 6 MPs from the Communist Party refused to attend 🤡
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    Two papers accepted in the same week! Sharing it here because this probably won't happen again in my career. Thanks to my coauthors, editors, and referees (except for one).
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    Replying to @mikeduncan
    "we don't need the National Weather Service because my iPhone tells me the weather forecast"
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    O facto de a imagem já ter sido postada por outras contas é irrelevante. O que demonstra que isto não é verdade é que nunca em 10,000 anos passaria pela cabeça de um português ir passar férias ao Michigan
    I'm portuguese, on vacation in Michigan. But since the US doesn't require voter ID, I just voted Donald Trump for President
    Readers added context
    The state of Michigan requires voter ID, therefore this would never have happened. michigan.gov/sos/-/media/Pr…
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    Estive num casamento aqui nos EUA onde um dos vinhos servidos durante o cocktail era vinho verde (Quinta da Calçada Alvarinho). Ao pedir um copo de vinho verde no bar fui imediatamente corrigido "do you mean the vino vierde?"
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    Consta que o exercito russo matou todos os homens dos 16 ao 60 antes de retirar de Bucha. Problemas insignificantes quando comparados com tragedia da falta de pluralidade e pensamento livre na imprensa e redes sociais em Portugal. Afinal de contas, pensar nao e' uma tarefa facil.
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    Esta discussão sobre o TC recordou-me de uma conversa que tive com uma beta quando vim estudar para Lisboa. Quando lhe disse que vinha dos Açores, ela saiu-se com um "oh coitado!"
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    My JMP finally got accepted 🙏, after 5 years of work! All three chapters of my Ph.D. dissertation have now been published (well, almost)
    Research by senior economist @mfariacastro on "Fiscal Multipliers and Financial Crises" is forthcoming in the Review of Economics and Statistics. Read the working paper ow.ly/aOKE50HsmZ8