New data on sovereign defaults and creditor losses overturn conventional wisdom: private creditors are typically paid first and lose less than bilateral government-to-government creditors, from Matthias Schlegl, Christoph Trebesch, and Mark L. J. Wright nber.org/papers/w25793

Structural Unemployment, Underemployment, and Secular Stagnation | Hashimoto, Ken-ichi / Ono, Yoshiyasu / @matt_s2105 | cesifo.org/en/publikation…

New paper on wealth inequality (with Jean-Baptiste Michau and Yoshiyasu Ono). Highlights and link to the paper in the thread ⬇️.

The Preference for Wealth and Inequality: Towards a Piketty Theory of Wealth Inequality | Jean-Baptiste Michau, Yoshiyasu Ono, Dr. Matthias Schlegl #EconTwitter cesifo.org/en/publication…

We are hiring a Macroeconomics faculty. Japanese is not required. If you have any questions, please feel free to contact me or Dr. Matthias Schlegl jrecin.jst.go.jp/seek/SeekJorDe…　 Here is the same content in Japanese. （マクロの公募が出ました。拡散希望です。） jrecin.jst.go.jp/seek/SeekJorDe…

We're recruiting a new faculty member in the field of macroeconomics. 5-year tenure-track position, no Japanese required (at least initially). Great opportunity, particularly for early-career researchers. Please share! jrecin.jst.go.jp/seek/SeekJorDe…

Back in Tokyo after presenting our paper on the preference for wealth and inequality at #ames2024 in #hochiminh.