The Fiscal Times

Is There One Economic Model to Rule Them All?

The recent shake-up at the research department of the Federal Reserve Bank of Minneapolis has rekindled a discussion about the best macroeconomic model to use as a guide for policymakers. Should we ...
GIGAZINE

Meta releases Spirit LM, the first open source multimodal language model that can integrate text and speech input and output

On October 18, 2024, Meta released Spirit LM, an AI model that can accept both text and voice input and output voice with emotional expressions. Open science is how we continue to push technology ...
JSTOR Daily

Demand and Supply Shocks in the IS-LM Model: Empirical Findings for Five Countries / Nachfrage- und Angebotsschocks im IS-LM Modell: Empirische Ergebnisse für fünf Länder

This paper analyzes whether the short-run behavior of output, the interest rate, and the price level in the U.S., Germany, France, the U.K., and Italy follows the qualitative predictions of the IS-LM ...
The Economist

A working model

WHEN The Economist's economics editor studied macroeconomics in the 1970s, the basic model for understanding swings in demand was the so-called IS-LM framework, invented by Sir John Hicks in 1937 as ...
VentureBeat

Stability AI brings 12B parameters to Stable LM 2 model update

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Stability AI is continuing its rapid pace of new model development with ...