Looking forward to this terrific program at the SED Meeting in Barcelona!

BOOM! Text of my book "The Economics of Over-the-Counter Markets" w/ Pierre-Olivier Weill & J. Hugonnier submitted today for copy editing. Years of hard work finally off our desks. Slated for Spring '25. Get psyched! You'll see updates/summaries in the coming months (prob more than you want)

Friendly reminder to submit your paper to 𝗪𝗼𝗿𝗸𝘀𝗵𝗼𝗽 𝗼𝗻 𝗙𝗶𝗿𝗺 𝗛𝗲𝘁𝗲𝗿𝗼𝗴𝗲𝗻𝗲𝗶𝘁𝘆 𝗮𝗻𝗱 𝗠𝗮𝗰𝗿𝗼𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰𝘀 🚨Deadline: July 15! Keynotes: Yueran Ma and Pablo Ottonello Co-organizing with Matthias Meier Joachim Jungherr Immo Schott #EconTwitter

It’s official! Coming May ‘25. The Economics of Over-the-Counter Markets, w/ Pierre-Olivier Weill & Hugonnier. A unified treatment of the search-theoretic approach to studying OTC markets. Facts. Models. A technical toolkit. It has it all! Mark the date 😀 press.princeton.edu/books/hardcove…

Kicking off the Finance Theory Group meeting with some great papers this afternoon and a nice panel with Itay, Christine, and Chester.

Our thoughts on what this means for inflation... lots of unknowns but definitely inflationary pressure

If you have read, written, or watched papers about monetary policy without money, it may be time to watch this: tinyurl.com/yx44cy47 (Thanks SED Meeting for the invitation and Economía UTDT for the hospitality.)

📢 Fan-favorite (and paella-based) #BSESummerForum workshop "𝗠𝗮𝗰𝗿𝗼 𝗙𝗹𝘂𝗰𝘁𝘂𝗮𝘁𝗶𝗼𝗻𝘀 𝘄𝗶𝘁𝗵 𝗠𝗶𝗰𝗿𝗼 𝗙𝗿𝗶𝗰𝘁𝗶𝗼𝗻𝘀" Co-organized with andres blanco Jan Eeckhout Simon Mongey Barcelona School of Economics 🗓️ Apply by Feb 28! bse.eu/summer-forum

updates to the site... details about what goods the US #imports from #mexico and #canada at various levels of aggregation all @ tradewartracker.com plus lots of old stuff for background like phase one deal, maps of #tariff exposure, etc. #tariffs #tariffwar

Here we go again: Even if the revenue from tariffs is used to lower existing distortionary taxes, tariffs are welfare reducing for the vast majority of Americans. Daniel Carroll and I showed this in our recent IER.

A review of the growing field investigating how the broad organization of financial markets affects the level and dynamics of asset prices, from Valentin Haddad and Tyler Muir nber.org/papers/w33434

Call For Papers: 4th DC Search and Matching. April 25-26. Deadline March 9th. Submit to cvent.com/c/abstracts/76…

What are Over-the-Counter Markets? Get the answer from Pierre-Olivier Weill, author of "The Economics of Over-the-Counter Markets" with Julien Hugonnier and Ben Lester Search and Matching in Macro and Finance press.princeton.edu/books/hardcove… youtube.com/shorts/mo2BVK-…

Search and Matching in Macro and Finance had an awesome time interviewing Pierre-Olivier Weill, Ben Lester and Julien Hugonnier about their new book: The Economics of Over-the-Counter Markets youtu.be/pBznHs8PVxA?si… Thanks to Ioannis Kospentaris for co-hosting the interview!

Many thanks to Bruno Sultanum and Ioannis Kospentaris for taking the time to talk with Pierre-Olivier Weill, Julien, and I about our new book, The Economics of Over-the-Counter Markets, available soon from Princeton University Press.

“America would be better off if more people worked in manufacturing.” • 80% of Americans agree • 20% disagree “I would be better off if I worked in a factory.” • 25% of Americans agree • 73% disagree • 2% currently work in a factory 👉🏻 cato.org/sites/cato.org…

If you read the word “manufacturing” to stand for accessible middle class jobs (with rising real wages), these results make a lot more sense. The bigger issue is how many people believe manufacturing jobs are the solution to stagnant income growth.

🚨 SED PROGRAM IS OUT 🚨 See you all in Copenhagen SED Meeting editorialexpress.com/conference/SED…

Waller emerges as favorite to replace Powell. Why? Waller is a data (not political) based dove -- see my article here "Trump, Waller, and the Coincidence of Correctness" davidandolfatto.substack.com/p/trump-waller… reuters.com/world/us/walle…