Forthcoming in the AER: "First Generation Elite: The Role of School Social Networks" by Sarah Cattan, Kjell G. Salvanes, and Emma Tominey. aeaweb.org/articles?id=10…

Di zaman feudal Jepang, ada alasannya kenapa kelas merchant (dropshipper/reseller) ditaruh lebih bawah ketimbang kelas craftsmen. Biar bikin orang tidak banyak yg jadi pedagang. Added value ke masyarakat dr kelas pedagang adalah yg paling rendah. Anda harus lebih menghormati

Just a reminder that graduate students should be taught, early on, about how the linear projection approximates the conditional mean, and how the coefficients in an LP are sometimes exactly the average partial effects.

My main issue with the way economics is taught today is the obsession with understanding all aspects of the economy through mathematical models. The result is that we're training economists who can build models but don’t properly understand the economy. It’s also isolating

🚨 2025 Nobel Prize in Economics goes to Mokyr, Aghion and Howitt 🚨 "for having explained innovation-driven economic growht" The best prize in years!

I knew it! Congratulations.

This paper shows that authors from low-income countries remain excluded from top-ranked economics journals and receive less attention from other economists. Developing country authors are far less likely to be published in top journals even when holding citation counts constant.

Let me explain why I believe modern economics is such a powerful tool for understanding the world. I’ll do this by discussing a great paper by Simone Cerreia-Vioglio, Lars Peter Hansen, Fabio Maccheroni, and Massimo Marinacci, “Making Decisions Under Model Misspecification,”

keeping your laptop plugged in is less damaging to the battery than constantly draining and refilling it I always thought it is the opposite

🚨 𝗦𝗧𝗔𝗧: Vincent Kompany has created an ABSOLUTE MACHINE TEAM at Bayern Munich! 🔥🔥🔥 — DataMB

One thing that I will never understand is why nobody would hire him when he was in Burnley? Why only Bayern noticed his potential? You guys could save a lot of money by hiring an underrated coach.

The truth about how my clients receive fully funded PhD offers from Europe: Everyone thinks it’s GPA, publications, or a perfect CV. But the truth? European PhD committees select for one thing above all: research readiness. 1️⃣ They write proposals that sound like early-stage

Nobody is talking about this in PhD applications… And it’s wild because it’s the #1 reason qualified candidates get rejected. It’s not your GPA. It’s not your GRE. It’s not the “competition.” It’s something far simpler: Your application does not answer the ONE question every

If you think people who graduate from MIT make a lot of money … you are right

I had this experience before when I was a student. And I would do the same when I am a professor.

Surveying econometric innovations related to differences-in-differences estimators and event-study models with time-varying treatment effects, from Alberto Abadie, Josh Angrist, Brigham Frandsen, and Jörn-Steffen Pischke nber.org/papers/w34550

Migration from poor to rich countries leads to massive income gains for migrants + remittances back home. But isn't there a trade-off here with long-run growth in the country of origin? This new AEA Journals paper might be the best causal evidence we have, & suggests not

Alangkah baiknya di pulau-pulau yang kepadatan penduduknya tinggi, program rumah rakyat berfokus pada rumah susun bukan rumah tapak.

Suppose I tell you x = 5. That's identification. The value is pinned down. No ambiguity. Econometrics asks the same question—just in a messier world. New post on what economists actually mean when they say "identified": carloschavezp29.substack.com/p/what-do-econ…

Selamat kepada Boomers. Kalian adalah raja Investasi sesungguhnya. Beli Properti Cuan Beli Emas Cuan Beli Silver Cuan Tapi Kami para Gen Z dan turunannya Beli Bitcoin Rungkat Beli Saham Rungkat Beli Manta Rungkat Maafkan kami yang masih muda muda ini, Kurang pengalaman dan