Emily Oster · The Story of Money · Can economics help explain Europe’s deadly witch trials?
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used tree-ring data as a proxy for historical temperature, assuming slower growth in very cold years
“We actually cap it at 5%, so you can't go above 5% capital growth rate… Australian average has performed at 6.8% historically, that's why most platforms use 7%.”
“So that would buy us about six months of no issuance, while at the same time emptying the TGA, which releases liquidity in the economy, which historically has been very bullish for the yield curve.”
“For a perpetual portfolio, you need $3 million of investment assets in today's dollars... I've assumed a real return of 4.15% (3.5% income and 4% capital growth)”
“You can give it a residential proxy, build a tool that will then scrape… you want to have unique data points per page”
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