Really cool study by my former colleagues at Columbia Business School. Fascinating that private market incentives seems to have stronger effects than regulations when it comes to disclosure. Great job Thomas Bourveau et. al deliverypdf.ssrn.com/delivery.php?I…

So many papers have studied firms’ earnings management. This paper finds a similar pattern exists for central banks’ profits.

Noise pollution is worse than you think: a 10db noise increase (from dishwasher to vacuum) drops productivity by 5%. But YOU DON’T NOTICE: noise hurts your ability to think, not your effort. You work as hard but do worse! And poorer areas have more noise. joshuatdean.com/wp-content/upl…

Very important paper by Marina Gertsberg -- #meetoo reduced the number of projects female authors engage in, and the reduction in male-female cooperations is driving the change. She is very clear-headed about possible interpretations, but I agree it

There’s a lot of wisdom in this thread by professor Eggertsson.

Otto, Anne Frank's father, revisits the attic where the family hid from the Nazis. He was the only survivor of his family (1960)

We should be ashamed of ourselves for our utter complacency, given that such violations take place before our very eyes. Reminds me of what Churchill had to say about Chamberlain.

Other than the drone, it's notable for showing what you see in China once you stray just a bit from glitzy parts of Beijing and Shanghai. There is a reason gdp per capita is $10,000

The top 5 papers (and some books) assigned in economics classes since 1990, thanks to Open Syllabus (ht Ethan Mollick). AJR win by a pretty big margin, followed by Mankiw-Romer-Weil, Coase, and "The Tragedy of the Commons."

Some pretty incredible footage of Macron talking to Zelensky on the morning of the invasion, when the scale of the full-scale Russian assault on Ukraine was becoming clear.

😂

Brian Nosek (@[email protected]) one should also look at a country/nation bias. Having worked at two prestigous universities and later living and working in a small, for many unknown, country, there is a remarkable difference in responses from reviewers.

Yale ICF The lender, Willem Gideon Deutz may be the first investment banker. The loan was backed by the king’s possessions in Silesia, securitized and sold to investors as a negotiate. The Dutch were early financial innovators. See Rouwenhorst Origins of Mutual Funds.

"tech firms hired one in seven newly minted PhDs [from ten leading economics graduate programmes in the US] in 2022, up from less than one in 20 in 2018" economist.com/business/2022/…

This, but unironically.

With the PM modelling herself on Mrs Thatcher, I pulled this down from the shelves to see what Milton Friedman (one of Thatcher's favoured economists) may have to say about the current debate on uprating benefits.

As you might suspect publishing in Econometrica was critical for Alexander Van der Bellen to secure a second term as Austrian 🇦🇹 president. After all, only top 5s matter.

It’s surprising how much large firms influence aggregate inflation dynamics - even during the recent inflation surge. ⬇️🧵 on a new paper bis.org/publ/work1240.… with Santiago Alvarez Blaser Sarah Lein and Andrei Levchenko (1/5)