Rents have been driving inflation recently. Neil Mehrotra, Javier Bianchi, and I have been thinking about the implications for monetary policy. 1/9

The Federal Reserve Libraries are piloting a new service to email the most recent working papers from all 12 Reserve Banks. The email will include all Reserve Bank working papers released for the month, organized by JEL code. To sign up: mailchi.mp/2fc0e0a492fa/w…

You can now submit your paper to our first winter meeting happening in Buenos Aires, December 12th to the 14th, 2024. The deadline for submissions is September 3rd, 2024: editorialexpress.com/conference/SED… Sebastian Di Tella and Mike Waugh, Program Co-chairs

We are happy to release the first results of a RCT of a US program that provided $1,000/month unconditionally for 3 years to 1,000 individuals in the treatment group, with a group of 2,000 people receiving $50/month serving as the control. These are sizable transfers. 1/ 🧵

Events that should be dropped from the Olympics: tennis, soccer, golf, basketball, baseball, rugby.

It's fascinating that American higher education has decided on autobiographical fiction as a means to apportion one of the world's most valuable resources.

Praise for Price Gouging grumpy-economist.com/p/praise-for-p…

JUST IN: Award-winning chef Ann Kim to close Kim’s in Minneapolis. startribune.com/award-winning-…

A simple but important idea: raise property taxes to depress home values and help young families get onto the housing ladder.

Terrible news. A remembrance by Per Krusell.

🔊 We are excited to announce the plenary speakers for our first Winter meeting in Buenos Aires 🥁: - Cristina Arellano (Minneapolis Fed) - Tom Sargent (NYU) - Ricardo Lagos (NYU) Deadline for submissions approaching! Submit your papers by September 3rd editorialexpress.com/conference/SED…

New CEPR Discussion Paper - DP19411 There Is No Excess Volatility Puzzle Andy Atkeson UCLA, Jonathan Heathcote Minneapolis Fed, Fabrizio Perri Minneapolis Fed ow.ly/QK7Y50TaMP4 #CEPR_AP #economics

Our Macroeconomics PhD textbook has been updated! phdmacrobook.org We added two methodology chapters: - Ch 8: empirical tools - Ch 9: computational tools + cont time Download it: phdmacrobook.org/downloads/ Tell us below if you use it for class (or dm me)!

Lee Kuan Yew was so real for this

One of the fundamental questions of asset pricing, the excess volatility puzzle, may not be a puzzle after all. New paper (with excellent title) by Atkeson, Jonathan Heathcote & Perri: cepr.org/publications/d…

Minneapolis promotional video from 1968.

So many rural counties in the US are just depopulating, as people cluster in the suburbs and urban areas, especially in the west and southeast.

Econ job market candidates, Minnesota is hiring. Please apply! We look forward to your application!

"There Is No Excess Volatility Puzzle" A new staff report by Andrew Atkeson, @jonheathcote, and fabrizio perri is available on our website: bit.ly/4d1T3Hc

#EconTwitter We have an open rank position in macro. Tenured folks will be considered for a chaired position. Bloomington is a great town to live in and we have a collegial group with strengths in macro and many adjacent fields (metrics, trade, ...). aeaweb.org/joe/listing.ph…