tag:blogger.com,1999:blog-1110014885778996459.post4111010074738379130..comments2024-03-28T11:48:09.419-07:00Comments on Idiosyncratic Whisk: Upside-down CAPM, Part 3: Capital GrowthKevin Erdmannhttp://www.blogger.com/profile/07431566729667544886noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-1110014885778996459.post-48206628181134704552018-02-13T19:09:41.901-07:002018-02-13T19:09:41.901-07:00Perhaps. I'm just a techie/quant who reads blo...Perhaps. I'm just a techie/quant who reads blogs, I don't know much about the actual practice of the kind of banking that involves talking to customers. (I can model you some exotic derivatives just fine, though.)Matthiashttps://www.blogger.com/profile/13665641102508209349noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-12656355002305616032018-02-10T14:10:56.756-07:002018-02-10T14:10:56.756-07:00Thanks!
I think your measure is gross rent of owne...Thanks!<br />I think your measure is gross rent of owners. Mine is net rental income before interest expense on all housing units.Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-47725358069449897692018-02-10T13:33:42.950-07:002018-02-10T13:33:42.950-07:00Great work as usual. How did you calculate the Net...Great work as usual. How did you calculate the Net Housing Surplus, can you provide a source for it? Why for instance does your measure seem to show significantly more growth in returns to residential real estate than a measure such as this.<br /><br />Thanks,<br />Tyler<br /><br />https://fred.stlouisfed.org/graph/?g=ijAoTyler Hnoreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-89148673904524276992018-02-09T11:58:57.527-07:002018-02-09T11:58:57.527-07:00It's weird how much this informs economics tho...It's weird how much this informs economics though. The idea that leverage is a response to interest rate levels and generates capital investment seems to be everywhere.Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-9701150287885760972018-02-09T07:44:59.808-07:002018-02-09T07:44:59.808-07:00People miss the fact that everything is always owe...People miss the fact that everything is always owed by someone.JWOhttps://www.blogger.com/profile/00004178958481335795noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-84647344042357075732018-02-08T22:28:34.205-07:002018-02-08T22:28:34.205-07:00Shouldn't my fund should be something your inv...Shouldn't my fund should be something your investment bank offers to its clients?Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-40049769549809507852018-02-08T22:26:36.971-07:002018-02-08T22:26:36.971-07:00Thanks, Ben.Thanks, Ben.Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-76423567686871122522018-02-08T08:07:04.996-07:002018-02-08T08:07:04.996-07:00I would be interested in such a fund, but since I&...I would be interested in such a fund, but since I'm working for an investment bank now, there's lots of finance I am not allowed to engage in (on my own) at the moment..Matthiashttps://www.blogger.com/profile/13665641102508209349noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-44743443796606198462018-02-08T05:43:19.262-07:002018-02-08T05:43:19.262-07:00Amazing post.
I have been thinking about debt som...Amazing post.<br /><br />I have been thinking about debt somewhat along the same lines. <br /><br />I wonder about when central banks simply buy back debt. <br /><br />It is remarkable that people cannot think about an economy as factories, farms, trucks, roads, housing etc. and labor, but get confused about the financialization of it all. <br /><br /><br /><br />A quibble: <br /><br />http://conversableeconomist.blogspot.com/2018/02/behind-declining-labor-share-of-income.html<br /><br />I realize there are a variety of viewpoints on this topic, and usually politics determines views. But this seemed like a real stab at it. Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com