2026-03-09

Done List

Tomorrow To Do

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今日杂谈

Macro: Pset 6 is again a very good example of the exam type question. Why is ${\varphi }_y$ not exactly $1$? It’s because we also involve labour in the production function.

Always follow the three steps when doing the Undetermined Coefficient Method

1. Simplify the model: like insert, plug-in.
2. Guess
3. Verify

when $\theta \to 1$, $\kappa \to 0$. Positive productivity shock raises output and reduces marginal costs. The demand is governed by the the demand IS curve

今天得知我当时 SMU RA 的 coding task 是历届里做的最好的，非常开心。感觉就算是使用 AI tool，不同的人也会有区别。