This paper has been in the making for so long that eight children across the co-author group were born between the time we started and now! But it is finally out, and you can check it at arxiv.org/pdf/2503.13323

Had a great time at the IIOC.. and it is so nice to see many of our Duke IO alumni (or alumni to be)! Ans this is only a subset in our photo! Tulio Weiting Miao Seohee Kim and John Shin

"Productivity is more dispersed across plants within firms than across firms. Rather than misallocation, this may reflect optimal reallocation of internal funds." Recent paper from Matthias Kehrig and Vincent: restud.com/good-dispersio… #econtwitter #REStud

We’ve written a review on *New Industrial Policy* for the Oxford Research Encyclopedia. We offer a unified framework for analyzing IP effects and survey evidence from both ex post event studies and ex ante model-based evaluations of IP. 🧵thread on key takeaways (link below)