🚨Thrilled to share our new paper "Causal Claims in Economics"! 🚨 Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere and I analysed over 44,000 economics papers using AI to create a knowledge graph of economics and map out causal relationships. Here's what we found 🧵👇

Please to share a first draft of a new working paper "Pensions in the age of automation". Joint work with gauthier lanot drive.google.com/file/d/1DwY-cH…

New paper: benjaminmoll.com/challenge/

Banning non-compete agreements disproportionately benefits workers employed in intangible-intensive firms. Firms are more likely to increase workers' #wages if they have valuable knowledge. E J Bartelsman, S Dobbelaere, A Zona Mattioli Vrije Universiteit Amsterdam (inactief) ow.ly/L8Ic50U05nJ

New CEPR Discussion Paper - DP19787 Careers and #Wages in Family Firms: Evidence from Matched Employer-Employee Data Edoardo Di Porto, @M_Pagano_Econ, V Pezone Tilburg University, Raffaele Saggio, F Schivardi Luiss Guido Carli EIEF - Einaudi Institute for Economics and Finance ow.ly/oA2V50Uuate #CEPR_LE #CEPR_OE #CEPR_BCF

Hourly wage progression is negatively associated with being a mother, being older, and having less education. Among low-income workers, family circumstances can place real constraints on people’s willingness or ability to change job or progress in work.

The UK is ageing, but not everywhere in the country is ageing at the same rate. While major cities are getting younger, London bucks this trend, having aged at a similar rate to British small towns over the past decade. Learn more here ➡️ buff.ly/40warRx

In 2025, Petr Sedlacek ( Petr Sedlacek ) and I are again running the summer school "Tools for Macroeconomists". For more info and registration, pleases see our webpage: sites.google.com/view/toolsform… Course runs 4-8 (essentials) and 11-15 of August (advanced) Some news 👇🧵1/5

The real impact of DOGE isn't going to be seen in macroeconomic variables because pretending you've made massive savings is not the same thing as actually making massive savings. But a microeconomic lens yields the more important insight... (1 of 2)

"Firms’ Beliefs About Wage Setting" - new working paper by Antoine Bertheau (NHH Department of Economics & NHH Norwegian School of Economics) and Christian Philip Hoeck: openaccess.nhh.no/nhh-xmlui/hand…

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New paper with Benny Kleinman & Elio Nimier-David! - 4% of establishments relocate each year (FRA & US). - Using those relocations, we find that “location effects” explain only 2-5% of spatial wage disparities. Summary below!

With great sadness, I announce the passing of my co-author and friend, Marcus Hagedorn. His acerbic wit was as sharp as the vision of Toni Kroos. He attacked big research questions like he tackled the mountains of Mallorca on his bike. He will be missed.

Interesting…I’m surprised at the low level of structural papers.

I am really happy about this paper. Through the process of writing it, we learned something fundamental about the workhorse model of labor market frictions - not just discovering normative properties (which, of course, is important), but also finding out how to analyze them.

It was a great honor to present my paper with William Du, Xincheng Qiu and Adrian Monninger in the NBER summer institute’s behavioral macro meeting this year. In case you are interested, here is the recording of our presentation. youtu.be/k2qpxw9smdg?t=…

"What is the effect of extending unemployment benefits on unemployment? How relevant are different channels for the total effect: search effort, separations and spill-over?" From Jonas Jessen, @robinjessen, Gałecka-Burdziak, Góra & Kluve: restud.com/the-micro-and-… #econtwitter

The new version of our first year PhD Macroeconomics textbook is out. It is not polished yet but now all chapters are included. We hope it would be useful for the new semester. phdmacrobook.org/downloads/

Causal returns to education - new review paper w/ Psacharopoulos: Across 182 estimates from 55 countries, causal (IV) methods show that the payoff to schooling is 38% higher than traditional estimates ➡️Each additional year of education raises earnings by ~10% on average

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