The forum of macroeconomics is not over, even Professor Krugman's report meeting is not finished. The whole economic circle has been shocked by the paper that was recommended by two Nobel laureates and temporarily added to the academic conference website!

Facebook, the economics professional community, and related topics have been pushed to a new height in the discussion of PhD researchers engaged in this field.

Who is on the spot of that academic meeting in Shanghai?! Ask Professor Krugman to report the live video of the meeting! Wait online, please! ]

[L-Z model?! Falk! It took me two months to build the consumption and savings theory under the new model framework with Lu Bewley model, but now you tell me that the product is out of warranty?! ]

[I'm on the spot of the report meeting, and I can tell you very responsibly that the people in the whole report hall have gone mad! It's not that the L-Z model is almost applicable to the most popular research directions of macroeconomics, but that it was developed by the Chinese called Lu Zhou in one afternoon ]

[alas! Some people, with a cup of afternoon tea, can make achievements that you can't understand for a week, and reach heights that you can't reach in your life The world is too realistic. ]

Yes, there is nothing about the research results of a bullock. Every once in a while, the research results of a bullock will be born in the economic circle. But if the bullock only takes one afternoon to complete its results, it's a little scary

Almost all the people who heard the news, the first reaction was not to believe, and then was shocked to doubt life.

Make this thing in an afternoon

Is this still human?

Of course, in addition to doubting life, there are still many people in the community and forum on macroeconomics to explore this model from an academic perspective.

However, the deeper we dig into it, the stronger the impulse to doubt life.

As Professor Joseph commented on the LZ model in the meeting, although this model was born on the basis of Lu Bewley model, it has in fact been completely different from the framework of the original Bewley model.

Not only that, compared with the Lu Bewley model, which originally focused on some specific problems, the LZ model has stronger operability. A series of complex macroeconomic topics, from the consumption income saving model based on family to the correlation model between fixed assets and social welfare, can be perfectly compatible.

In theory, at least, there is full hope to do it!

And these, even the Bewley model, which has been used for decades, are quite difficult to achieve.

Of course, the shortcomings of LZ model are also obvious, because the maneuverability of the tool has been enhanced, and the threshold for users is relatively high. If you want to use this model skillfully, you not only need to have a thorough understanding of functional analysis and partial differential equations, but also have a deep economic foundation.

However, compared with its advantages, these shortcomings are obviously not worth mentioning.

A famous professor of macroeconomics at Stanford University published a tweet after reading the paper.

I would not be surprised if the Nobel Committee would consider awarding an achievement. Even if it is not this year, it will certainly be in the future. Because I can almost foresee where the most popular direction of macroeconomics is in the next ten years. I can even say in a positive tone that the greatest research results of macroeconomics in the next ten years must be inseparable from the contribution of L-Z model ]

after the tweet was published, it was immediately praised and forwarded by numerous insiders.

Whether it's the discussion of practitioners in relevant fields or the public statements of big bulls, it's not enough to fully summarize the earth shaking impact of this LZ model on the whole industry in less than a day.

Immediately after Professor Krugman's report, someone quickly uploaded the video suppression to Youtube.

And the related links, like the virus that can reproduce itself, spread in the economic community of twitter, Facebook and other platforms because of people's crazy forwarding

At this moment, Lu Zhou, who did not know his thesis, even caused such a huge response in the field he did not fully understand. I don't even know that those people actually gave his improved Lu Bewley model a new name of "L-Z model".

If you let him know, he will stop them.

The reason is very simple, because the name LZ has been used in other fields!

Why are these guys so lazy?

Can't you use your creativity to help him think of a better name?

For example, "cosmology theory" is a name that can force people to blow up when they hear it. He must be embarrassed to let Lu Zhou name it himself, but it would be perfect if someone else could help him to complete this wish.Downstairs the Sheraton Hotel, a Maybach has been parked there.

Yawning, the boat went down the stairs at the door.

Because it's a very formal business occasion, so the clothes he wears are a lot more formal than yesterday. Finally, he took out the most expensive suit in his suitcase.

Luxury car, beauty And handsome men, such a combination, even if you want to keep a low profile, will unconsciously attract the eyes around you.

Bathed in the envious sight cast by the passing tourists around, there were some land boats that didn't wake up. The sleepiness suddenly swept away a lot, and the corners of the mouth could not help tearing open a happy smile.

I'm afraid that the man who can eat by his face but has conquered the world by his talent is himself.

It seems that the boat is too slow to walk. Maybach, who stops at the bottom of the stairs, shakes his hands and flashes. Then a pure hand pushes the door open from inside, pats the copilot's seat and says, "don't dawdle, hurry up."

"What's the hurry? It's not going to the meeting," Lu Zhou asked unexpectedly when he walked to the door and looked inside

"Oh, you say my little aunt? She has already passed by, saying that she can't play with us young people. "After shaking her hair, Chen Yushan raised her eyebrows confidently." get in the car, I'll drive you there. "

Lu zhouzheng was about to get on the bus when he suddenly realized that there was a serious problem, so he quickly stopped.

"Wait a minute, can you drive in the end? Or my driver... "

Hearing this, Chen Yushan's eyebrows stood up.

"Are you doubting my driving skills?"

"No..."

I felt that my aphasia seemed to poke a hornet's nest, and I saw Wang Peng beside me when I was sweating.

Noticing Lu Zhou's line of sight for help, Wang Peng hesitated for a moment. His line of sight shifted back and forth between the two men. At last, he didn't stop her for himself.

"Let's go, Miss Chen. It's crowded here Just in case I'll drive behind. "

Lu Zhou:

Four seater Maybach, where is it crowded?

Not at all, okay?

In this way, due to Comrade Xiao Wang's betrayal, Lu Zhou finally reluctantly sat in the copilot's seat.

Looking at the proud student sister, out of consideration for the safety of his life and property, he coughed cautiously.

"I believe in your driving skills. Anyway Slow down. We're not in a hurry. "

"Long winded, just fasten your seat belt!" Skillfully started the car, Chen Yushan coolly stepped on the accelerator, "sit still!"