The macroeconomist nominated most often for our list was Iván Werning of MIT. Mr Werning is an economist’s economist; an elegant theorist, whose early contributions provided streamlined proofs that other thinkers could make use of. One of Mr Werning’s ambitions is to unite Ramsey’s work with that of another elegant theorist, Sir James Mirrlees. Sir James won the Nobel prize in 1996 for exploring how best to set taxes when people can disguise their true worth from the revenue collector. Mr Werning asks the same question, but in the forward-looking, macroeconomic setting provided by Ramsey.Olivera (no Miguel ni Julio, sino Héctor) estaría de acuerdo con lo del dado.
Mr Werning and his co-authors have so far derived at least two theoretical results of note. The first is to show that the unemployed have sufficient incentive to find work, even if they receive unemployment benefits indefinitely. The second is that bequests from one generation to the next should be subsidised by the government, with smaller inheritances receiving higher rates of subsidy. Mr Werning and his co-author, Emmanuel Farhi (a young Harvard macroeconomist), point out that the biggest roll of the dice in life is the family you are born into. Their system of subsidies would take the edge off this uncertainty.
miércoles, diciembre 31, 2008
Entre los ocho jóvenes economistas más promisorios del mundo de acuerdo a una encuesta del Economist, el macroeconomista más mencionado por sus colegas, sí señores, es argentino: