Economic activity is organized into discrete units called firms. They’re so common that we might even stop to think why they even exist. After all, couldn’t economic activity be coordinated by prices? Why do firms exist all? 1/

#Tomorrow Intergenerational Welfare Dependence? Causal Evidence from Australia’s Vietnam-era Draft Lotteries crawford.anu.edu.au/event/intergen…

Dropping so soon, after a long time coming, with the delightful Toan Nguyen 😃

New at JIE: "Measuring foreign exposure" by Jean Imbs, Laurent Pauwels doi.org/10.1016/j.jint…

‘Struggle, Reform, Boom and Bust’ blends economic policy and institutional analysis through the lens of modern economic theory and offers fresh insights that reflect recent developments and reforms. Written by authors from ANU & UPNG led by @StephenRHowes. press.anu.edu.au/publications/s…

New devpolicy.org discussion paper out today with Toan Nguyen "Do seasonal work visas suppress the earnings of incumbent farm workers?" Link to paper: devpolicy.org/publications/d… Abstract and some key figs:

Forthcoming in AER: Insights: "The Impact of Unions on the Wage Distribution: Evidence from Higher Education" by Michael Baker, Yosh Halberstam, Kory Kroft, Alexandre Mas, and Derek Messacar. aeaweb.org/articles?id=10…

In 1996, the Supreme Court ruled Rhode Island’s ban on liquor advertising unconstitutional. Afterwards, the prices of advertised products fell relative to Massachusetts. An underrated early difference-in-differences study. 1/

"Skills and Earnings: A Multidimensional Perspective on Human Capital" Final Version now out in Vol. 17 of the Annual Review of Economics Annual Reviews (Open Access): annualreviews.org/content/journa…

Adverse shocks in older households lead to reductions in transfers to children and increases in informal care. In the July issue, by Jessamyn Schaller (Jessamyn Schaller) and Chase Eck (@chase__eck) zurl.co/GXk3q

The ANU Indonesia Project is delighted to welcome Nurina “Dika” Merdikawati to our academic team! An applied microeconomist, Dika's work focuses on research and analysis on themes related to gender and labour economics. We’re thrilled to have her on board!

In the July issue, "No Pain, No Gain: Work Demand, Work Effort, and Worker Health" by David Hummels, Jakob R. Munch, and Chong Xiang zurl.co/TVivh

Changes in job-to-job mobility are key to explain inflation in the past decade and in the Great Resignation. In the July issue, by Renato Faccini and Leonardo Melosi (Leonardo Melosi) zurl.co/LYEdB

Apropos of nothing, UQ econ is hiring this year. Wonderful place. Great colleagues. Low teaching. Delightful city.

New devpolicy.org piece summarizing our latest paper: No evidence the Australian Seasonal Worker Program (now, PALM-short scheme) affected domestic farm worker earnings (with Toan Nguyen ) devpolicy.org/no-evidence-sw…

New at JIE: "Skill-biased imports, skill acquisition, and migration" by Jingting Fan, Lei Li (Lei Li) doi.org/10.1016/j.jint…

CALL FOR PAPERS - The Economic Journal Special Issue ‘Labor Market Effects of Immigration with Micro Data’ 🚨DEADLINE: 15 October 2025🚨 More info 👉 bit.ly/3IPTH1i alberto bisin Joan Monras Royal Economic Society OUP Social and Behavioural Sciences #EconTwitter

Opioid use reduces job performance in the military: fewer promotions, more disciplinary actions and exits. Just Accepted new paper by Abby Alpert, Stephen D. Schwab, and Benjamin Ukert zurl.co/NOZJp

In the September issue, "One-Child Policy, Marriage Distortion, and Welfare Loss" by Wei Huang, Yinghao Pan, and Yi Zhou zurl.co/0UYJX

🚨 We're hiring! Join IFP's high-skilled immigration team to rethink how the U.S. recruits global talent. Fellow & Senior Fellow roles open — $3K referral bonus if we hire your recommendation. Apply by November 23rd: ifp.org/opportunity/fe…