3min chapter

Macro Musings with David Beckworth cover image

Lars Christensen on AI and its Impact on Monetary Policy and the Broader Field of Economics

Macro Musings with David Beckworth

CHAPTER

Unlocking Economic Insights with GPT Models

Discover the speaker's journey utilizing GPT models to dive into economic analyses, exploring the expanded capabilities from stock price trends to running complex economic models with Python code. The chapter also touches on leveraging chat GPT for intricate queries like comparing nominal GDP targeting with a Taylor rule, showcasing its ability to diagnose and provide solutions for parameter issues in Python code.

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