Chapter 949 The Economics World Shakes Up!

The macroeconomics forum has not yet ended, and even the report meeting of Professor Krugman has not yet finished. The entire economics field has temporarily supplemented it at the academic conference because it was recommended by two Nobel laureates. The papers on the website are a sensation!

On Facebook, the community of economics majors, related topics have been pushed to a new level in the discussions of PhDs engaged in research in this direction.

[Who was at the academic conference in Shanghai? ! Seek the live video of Professor Krugman's lecture! Wait online, please! 】

[L-Z model? ! Falk! It took me two months to just use the Lu-Bewley model to establish the theory of consumption and savings under the framework of the new model, but now you tell me that this stuff has expired? ! 】

[I am at the site of the report meeting, and I can tell you responsibly that the people in the entire report hall have gone crazy! The most perverted thing about this matter is not that the L-Z model is almost applicable to several of the most popular research directions in macroeconomics research, but that this thing was researched by the Chinese named Lu Zhou in an afternoon. ...]

【Hey! Some people, with a cup of afternoon tea, can produce results that you can't understand in a week, and reach a height that you can't reach in a lifetime... This world is too realistic. 】

Yes, a great research result is nothing. Every once in a while, there will be a great research result in the economics field, but if this great result only took the person who completed it an afternoon, it would be a bit scary up...

Almost everyone who heard the news, the first reaction was disbelief, and then they were shocked to doubt life.

It took an afternoon to make this thing...

Is this still human?

Of course, in addition to doubting life, there are still many people discussing this model from an academic point of view in communities and forums about macroeconomics.

However, the deeper I dig, the more this urge to doubt life becomes stronger.

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

Not only that, compared with the original Lu-Bewley model that focused on certain specific issues, the LZ model reborn from the ashes is more operable, from the family-based consumption income savings model to fixed assets and social welfare A series of complex macroeconomic topics such as the correlation model of , can be perfectly compatible.

At least in theory, it is entirely possible to do so!

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

Of course, the shortcomings of the LZ model are also obvious. Just because the tool's maneuverability has been enhanced, the threshold for users has also risen relatively. To use this model proficiently requires not only a thorough understanding of functional analysis and partial differential equations, but also a solid foundation in economics.

However, compared to its superiority, these shortcomings are obviously not worth mentioning.

A well-known professor at Stanford University who is engaged in research in macroeconomics published a tweet immediately after reading the paper.

[I wouldn't be surprised if the Nobel Committee would consider awarding a prize for an achievement. If not this year, certainly in some future year. Because I can almost foresee where the most popular direction of macroeconomics will be in the next ten years, I can even say with a certain tone that the greatest macroeconomic research results in the next ten years must be inseparable from the L-Z model contribution...]

After this tweet was published, it immediately attracted likes and retweets from countless people in the industry.

Whether it is the discussions of practitioners in related fields or the public statements of experts, it is not enough to fully summarize the earth-shattering impact of this LZ model on the entire industry in less than a day.

Immediately after the end of Professor Krugman's report, someone soon uploaded the suppressed video to YouTube.

And related links, like a self-reproducing virus, spread in the economics community on Twitter, Facebook and other platforms because of people's crazy forwarding...

At this moment, Lu Zhou didn't know that his thesis had caused such a huge repercussion in a field he didn't 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 he had known, he would have stopped them.

The reason is very simple, because of the name LZ, he has already used it in other fields!

Why are these guys so lazy?

Can't you be creative and help him come up with a better name?

For example, a name like "Theory of the Cosmos" that sounds so awesome that it will explode. It would be embarrassing for Lu Zhou to choose such a name himself, but it would be perfect if someone else can help him fulfill this wish.

Downstairs of the Sheraton Hotel, a Maybach has already parked there.

Lu Zhou, who was yawning, walked down the stairs at the door.

Because it was a very formal business occasion, the clothes he wore were much more formal than yesterday, after all, he took out the most expensive suit in his suitcase.

Luxury cars, beauties...and handsome guys, even if you want to keep a low profile, this combination will unconsciously attract the attention of the surroundings.

Bathed in the envious eyes cast by the passing tourists around, Lu Zhou, who was still a little sleepy, suddenly lost a lot of sleepiness, and the corners of his mouth could not help but slightly opened a happy smile.

The kind of man who can rely on his appearance for a living, but insists on conquering the world with his talent, is probably talking about himself.

It seemed that Lu Zhou was walking too slowly. The Maybach stopped at the bottom of the stairs flashed a double flash, and then a flawless white hand pushed open the door from the inside, patted the co-pilot seat and said, "Don't dawdle. Yes, hurry up."

"What's the rush? I'm not going to a meeting." Walking to the door, Lu Zhou glanced inside and asked in surprise, "Where is Ms. Yang?"

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

Lu Zhou was about to get in the car, when he suddenly realized a serious problem, so he quickly stopped.

"Wait a minute, can you drive? Why don't you let me be the driver..."

Upon hearing this sentence, Chen Yushan immediately raised her eyebrows.

"Are you doubting my driving skills?"

"No……"

Feeling that his slip of the tongue seemed to accidentally poke a hornet's nest, Lu Zhou was sweating and glanced at Wang Peng next to him.

Noticing Lu Zhou's gaze asking for help, Wang Peng hesitated for a moment, and switched his gaze back and forth between the two of them. In the end, for some reason, he didn't stop her for himself.

"Ms. Chen should drive, it's quite crowded here...just in case I will drive behind."

Lu Zhou: "???"

Where is the four-seater Maybach crowded?

It's not full at all, is it?

In this way, due to Comrade Xiao Wang's betrayal, Lu Zhou finally sat in the co-pilot seat with great reluctance.

Looking at the smug senior, out of consideration for the safety of his life and property, he coughed cautiously and said.

"I believe in your driving skills. In short... you drive slowly, we are not in a hurry."

"Nah, just fasten your seat belt!" Skillfully started the car, Chen Yushan stepped on the accelerator coolly, "Sit tight!"