With PhD applications due soon, thousands of young people are currently beginning their statements of purpose with the same cliché story, or the same anodyne statement Stop right now! Here are 10 thoughts for doing this right. Helps you, and helps admissions committees.👇

Honored to get a write up of our paper w/ @and_joy_ @meghanagrrrr and John Grigsby in Marginal Revolution! Thanks to tylercowen marginalrevolution.com/marginalrevolu…

1/ New micro-to-macro paper alert! 👇👇👇👇 How much does inflation matter for inequality? To address this question, I'm very excited to share new inflation series by income, age, race and other socio-demographic characteristics in the United States. 👉xavierjaravel.com/_files/ugd/bac…

PREDOC RECRUITMENT Princeton Economics Come work with us at the Industrial Relations Section for AY 2025-26! Apply here: irs.princeton.edu/senior-researc… Register for information session: princeton.zoom.us/webinar/regist… Econ RA Listings

--JOB POSTING-- We are hiring 5 new Econ RA Listings research specialists to join Princeton University in Summer 2025 for an expected term of 2 years, focusing on labor and applied microeconomics. Info session Sept 20, and we'll start reviewing applications in early Oct! See below for links:

Several Chicago Booth faculty members (including me) are looking to hire and work with pre-doctoral researchers, starting in Summer 2025. Come work with us! Application: chicagobooth.edu/-/media/facult… First deadline: Oct 1 Details 👇🏻

🚨🚨🚨 Excited to release a working paper "Do Deficits Cause Inflation? A High Frequency Narrative Approach" with superstar LSE PhD student Stephan Hobler 🚨🚨🚨 Summary of the paper: (1/15)

I am looking to hire a research professional through BFI at UChicago. Come work with me on projects related to trade, spatial economics, and the economics of climate change. job-boards.greenhouse.io/universityofch…

Congratulations to Georgios Nikolakoudis, recipient of the 2024 Ben Bernanke Prize in Financial and Monetary Economics. His prize-winning job market paper is titled “Hayek Meets Leontief: Incomplete Information in Production Networks." Read more: bit.ly/3Y3sSf4

New working paper with Ezra Karger: We document a "liquidity channel" through which unexpected inflation generates substantial welfare losses due to a nominal maturity mismatch on household balance sheets. Link: research.stlouisfed.org/wp/more/2024-0…

We proudly present the Ph.D. candidates on this year's economics job market. Learn more about their research, fields of study, and more on our website: bit.ly/48DhJFC

Meet Princeton Economics's 2024 Economics Job Market Candidates:

Excited for our session tomorrow on the "Welfare Costs of Inflation" at the ASSA conference in San Francisco #ASSA2025 A fantastic line-up of papers exploring how and why people dislike inflation. See the program here: aeaweb.org/conference/202…

Just figured out where these fake tariff rates come from. They didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us. So we

For those who still honor GE, the optimal macro import tariff is decreasing in the trade deficit:

Calling trade deficits tariffs is like saying beef farmers are unfairly tariffing McDonalds because McDonalds buys is a net buyer of beef

This picture reflects extraordinary, self imposed stupidity.

A few days ago, I told you about the public finance research of the newest John Bates Clark medalist 🏅 Stefanie Stantcheva. There are important open questions in that research, such as, what are the best retirement policies? My paper with Zhixiu YU answers that question. A 🧵

Thank you so much Gianluca Violante and John Grigsby for being such wonderful advisors!

Who are the entrepreneurs that drive economic progress, and what does this mean for research and policy? w/ @UfukAkcigit Harun Alp Marta Prato and I use microdata to uncover the critical symbiosis between entrepreneurs and inventors that power innovation and growth 🧵