🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

This QJE piece is fascinating. Cognitive endurance as a sort of trainable muscle. Really novel and persuasive.

OK, let's start this. Lecture 01 is here psantanna.com/DiD/01_Introdu… I will post these on GitHub later

Here are the first five sets of slides: 01 Introduction: psantanna.com/DiD/01_Introdu… 02 Classical 2x2 setup: psantanna.com/DiD/02_two_by_… 03 Clustering issues: psantanna.com/DiD/03_Cluster… 04 Functional form: psantanna.com/DiD/04_Functio… 05 Covariates: psantanna.com/DiD/05_Covaria…

Thanks, @SeanKHiggins. Looking forward to presenting a newly released paper with Paul W. Dai and Karsten Müller on: "Finance, Structural Change, and Growth" (abstract below)

“We estimate that US geoeconomic power relies on financial services, while Chinese power relies on manufacturing,” says Matteo Maggiori, an economist, in a new paper he has co-written on these hegemonic power politics. In an essay by Gillian Tett ft.com/content/8a9779…

California is burning. The tragedy of the destruction is unfathomable. On top of that, many homes don’t have insurance. Why? This is because of price controls. But CA's Prop 103 system goes way beyond normal insurance price controls into total dysfunction 🧵

1/🧵 The Fed has raised rates to historic levels, yet the economy keeps surprising on the upside. Today's strong jobs report is the latest example. Why? Our new paper suggests we're looking at the wrong indicator.

Delighted that our paper on the economic cost of Red Tape's economic has been cited up by the new 🇫🇷 Prime Minister François @Bayrou in his General Policy Statement before the Assemblée nationale​ionale. We hope that our work will continue to inform the crucial debate that was

‼️ Updated Global Financial Cycle Factor Now Available ‼️ Estimated with data up to December 2024 💾 Download at: silviamirandaagrippino.com/code-data Hélène Rey #EconTwitter

If you're interested in Lisbon’s real estate market trends, explore these infographics from Kellogg Insight, based on my research with João Guerreiro, Pedro Teles, and Miguel Godinho de Matos in Foreign Residents and the Future of Global Cities. buff.ly/3WS9MYb

🚨Call for papers - Last week to submit! 5th Banco de España-CEMFI Financial Stability Research Conference (Madrid, 12-13 June 2025) Travel & accommodation expenses covered for academic speakers 📅Submission deadline: 14 February 🔗More info here: bde.es/f/webbe/INF/Me…

🚨 Reminder🚨 Still thinking about submitting? ⏳ The deadline is almost here—15 February! Don’t miss out! CEPR

Today in Silicon Continent I tell the astonishing story of the Italian Superbonus. How was the dumbest economic policy ever put in place and expanded by left, technocratic and right governments and not questioned by Brussels and Frankfurt? siliconcontinent.com/p/how-to-incin…

How did the US become a land of opportunity? In a new paper, we show that the country's pioneering role in mass education was key to its rise in intergenerational mobility from 1850 to 1950. "America's Rise in Human Capital Mobility" with Harriet Brookes Gray & Hugo Reichardt

Our Center for Monetary Research is hosting the 2nd Annual Macro-Finance Conference at the Federal Reserve Bank of San Francisco this fall. If you have a recent paper on the linkages between financial markets, monetary policy, and the macroeconomy, please submit by May 31! frbsf.org/news-and-media…

🚨 New Working Paper 🚨DT2524: “Household heterogeneity and the lending channel of monetary policy” by Sumit Agarwal, Sergio Mayordomo, María Rodríguez-Moreno and Emanuele Tarantino #bdeResearch 👉 bde.es/wbe/es/publica…

Why is the latest EC proposal on securitization a big deal for banks and how does it change the SRT market? A slightly geeky thread - with some backround on the SRT market if you're not aware of this important market.

As AI automates junior-level tasks, it destroys the training grounds that create future experts. Who will train the next generation when entry-level work provides no value for firms to capture? Today on Silicon Continent on the 'AI-Becker problem': siliconcontinent.com/p/the-ai-becke…

Humanity's existence is threatened not by plague or environmental catastrophe but by its own passive acceptance of decline. My column looks at the novel case two economists, Dean Spears & Michael Geruso make amazon.com/dp/1668057336 against depopulation. wsj.com/economy/global…

El PIB ha crecido un 8,8% desde el 4T2019 El PIB pc ha crecido un 4,5% El PIB por hora trabajada, un 3,6% El PIB por trabajador es el mismo. Los salarios no suben (de media) porque las ganancias de productividad parecen haberse trasladado a reducir horas de trabajo efectivas