Occupational Licensing reform will be a key piece of Biden Admin's labor competitiveness strategy according to a report in today's The New York Times by Neil Irwin. It cites work on licensing that Bobby W Chung and I have done that is R&R The Review of Economics and Statistics (REStat): nytimes.com/2021/07/07/ups…

Arrived at my new home for the next academic year Becker Friedman Institute for Economics & UChicago Economics. Looking forward to many great interactions in a vibrant environment!

I wrote an article for the Journal of Economic Perspectives issue, which is out today, on using administrative micro data for empirical macro research aeaweb.org/articles?id=10…

Our NEW #Business Dynamics Statistics (BDS) Explorer provides access to the entire BDS dataset via line charts, bar charts, and thematic maps. Check it out: bds.explorer.ces.census.gov #CensusEconData

My working paper with Ezra Oberfield surveys the voluminous literature on the declining labor share. We highlight pitfalls in the literature and explain why the phenomenon is "explained" many times over. The Elusive Explanation for the Declining Labor Share nber.org/papers/w29165#…

Capitalizing one of the economists would clarify things. 😉

Xian is an excellent and promising scholar - look at her and read her paper!

On the matter of divisa indexes when preferences are non-homothetic and change over time, here is a paper that states its assumptions and coherently derives conclusions, so one can actually, um, discuss it: econ.ucla.edu/arielb/unstabl… David Baqaee Ariel Burstein

This week's paper is "How to Build an Economic Model in Your Spare Time", an essay from Hal Varian. While the essay is meant for economics graduate students conducting original research, it contains wisdom that can apply to anyone seeking ideas. 📝 fermatslibrary.com/p/e2e6484d#ema…

Energie-Embargo gegen Putin: Das wären die Folgen laut russischen Professoren (mit Oleg Oleg Itskhoki ) bild.de/politik/auslan…

Putin's invasion of Ukraine could be the death knell of the entire world order as we know it. But it can be saved, write John Micklethwait and Adrian Wooldridge bloomberg.com/opinion/articl… via bopinion

Congratulations to Oleg Itskhoki of UCLA, winner of the 2022 John Bates Clark Medal! aeaweb.org/about-aea/hono…

Welcome to Duke Economics - we are thrilled to have you!

Call for Papers: 4th European Midwest Micro/Macro Conference (#EM3C). Date: Frankfurt, December 2-3, 2022. Deadline: 30 June 2022. Conference will focus on role of microdata for macroeconomics. Both broadly defined, so please apply and retweet! Details: benjaminborn.de/files/CfP_EMMM…

📢📢Our Program Chairs for #SED_2023 are Anmol Bhandari and Paulina-Restrepo Echaverria Paulina Restrepo-Echavarria 📢📢

Today is a very, very sad day. My colleague Ed Prescott died this morning. Needless to say, he was one of the great minds of modern economics. Ed influenced many of us in multiple ways. He will be missed greatly.

BREAKING NEWS The Royal Swedish Academy of Sciences has decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth” with one half to Mokyr