The dichotomy is wrong. 40 years after Peter Diamond's work on search theory, more work is needed to bridge the gap between macro and micro.

Who has more market power, the board of OpenAI or the superstar CEO? Since the market for the superstar CEO is so liquid, it could be the CEO who fired the board. #search_friction_matters

#EconTwitter

NEW PAPER ALERT: super excited about this project with Mahyar Kargar, Pierre-Olivier Weill, and Sebastien Plante about Over-the-Counter (OTC) markets. Thread below: nber.org/papers/w31904?…

Mark your calendar for the 2024 Search and Matching in Macro and Finance Spring Seminar Series! We're excited to have a stellar lineup of speakers!💡 🗓️Save the dates: February 12: Carlos Carrillo-Tudela (University of Essex) presenting "Sectoral Labour Flows" with Alex Clymo, Camila Comunello, Ludo Visschers

Registration is now open for the forty-seventh SaMMF Virtual Seminar: Carlos Carrillo-Tudela on “Sectoral Labour Flows” (uwmadison.zoom.us/webinar/regist…) Looking forward to your participation! #SearchandMatching #EconTwitter

The 2nd Asia-Pacific Search and Matching in-person workshop will be held on Aug 7-8 at NUS. We welcome papers that study the theory and/or empirics of search and matching. Pls submit your paper to [email protected] by April 1st, 2024. #EconTwitter

The Econ Nobel Laureate Portraits Gallery at Tepper CMU WOW!

We have a work-in-progress 1st year PhD textbook. First half (almost done) is written by the four core authors, and the second half is written by each field’s experts. We have the 1st year PhD students in mind - meant to be the core materials, not the survey of the frontiers.

Registration is now open for the forty-eighth SaMMF Virtual Seminar: PILoSSopher on “Labor Market Search with Imperfect Information and Learning” (uwmadison.zoom.us/webinar/regist…) Looking forward to your participation! #SearchandMatching #EconTwitter

We are still considering submissions for the workshop. We extended the submission deadline to April 15. A change in the workshop program. Guillaume Rocheteau will be our keynote speaker. Again, papers in the workshop can be considered by an EER special issue.

Submissions are open for our special issue of the European Economic Review on "Market Power: A Search-Theoretic Approach". You can submit anytime between now and 1 December 2024, but earlier is better! DM me with questions. Guest editors Petr Sedlacek Shengxing Zhang Nicolas Petrosky-Nadeau

Exciting times ahead! The Richmond Fed Research is teaming up with VCU Business to host the 2024 Spring Midwest Macro meeting. On May 17-19 over 170 economists will gather in Richmond to share their work, and learn from one another. A big shoutout to Grey Gordon and Chris Herrington

Nobu Kiyotaki; “This is a Mickey Mouse example, but don’t underestimate the power of Mickey Mouse.”

Sargent on the legacy of Lucas, occasioned by the recent memorial, is required reading. tomsargent.com/research/Macro…

The program for the 2nd Asia-Pacific Search and Matching in-person workshop is out. It will be held Aug 7-8 at NUS. The registration link is shorturl.at/02MNl, and the link to our mailing list for future events is shorturl.at/hvJCx. Search and Matching in Macro and Finance @EconTwitter