NEW EPISODE: We speak to the legend Emi Nakamura about her paper at Jackson Hole about why and when central banks can deviate from Taylor Rule orthodoxy and still achieve good inflation outcomes. podcasts.apple.com/us/podcast/e...

Forthcoming in the AER: "Downward Rigidity in the Wage for New Hires" by Jonathon Hazell and Bledi Taska. www.aeaweb.org/articles?id=...

Want to avoid ripple effects on inflation and GDP from tariffs (and retaliation)? Exempt intermediate inputs. Check out our Working Paper (joint with C. Montes-Galdon and G. Stamato)! 🧵1/6

"two first-rate economists, David Cutler and Ed Glaeser, have made a stab at estimating the impact of cuts at NIH. Their analysis suggests that these cuts might save $500 billion in federal spending over the next 25 years — while imposing more than $8 trillion in losses."

New at JIE: "Monetary Unions with Heterogeneous Fiscal Space", by Marco Bellifemine (@mbellif.bsky.social), Adrien Couturier (@adriencouturier.bsky.social), Rustam Jamilov (@rustamjamilov.bsky.social)

New Harvard alum group formed to fight back and form alliances with other unis See link about an online organizing event this week www.crimsoncourage.com

If at this point you’re still saying that this is remotely related to antisemitism or viewpoint diversity, you are part of the problem.

The much improved draft of "The Regional Keynesian Cross" with @mbellif.bsky.social and @adriencouturier.bsky.social is now available online. Link: users.ox.ac.uk/~econ0628/Re...

Overjoyed to see my article in press at the Journal of Monetary Economics! 🎉 Here’s the paper: doi.org/10.1016/j.jm... And here’s a summary thread from the earlier (working paper) version: bsky.app/profile/nico... A few additional thoughts and some thanks 1/5

🚨 New paper🚨 Liquidity crises have become common in the non-bank financial sector. One reason is LASH risk. With awesome coauthors Laura Alfaro, Saleem Bahaj, Robert Czech and Ioana Neamtu #econsky (1/11)

Last call for the "Macro at LSE" predoc opportunity - apply THIS WEEK if you would like to work in London on cutting-edge macro with Ben Moll, Joe Hazell, Ethan Ilzetzki, Ricardo Reis, and me! t.co/cBdznWii1Y @econ_ra #EconSky @benmoll.bsky.social

New here and happy to share my job market paper! "Bad Bank, Bad Luck? Evidence from 1 Million Firm-Bank Relationships" We build a large novel dataset on US firm-bank relationships to ask the question “How do bank failures affect small business survival and employment?” A🧵summarizing our findings:

New paper: benjaminmoll.com/challenge/

🚨 Excited to share my job market paper! “Cash transfers and women’s labour supply: evidence from the world’s largest programme” (drive.google.com/file/d/1ksDE...) It has been awarded the EEA/Unicredit Foundation’s Best JMP Award. A thread summarising my findings 👇: (1/13)

🚨 Paper update 🚨 𝗧𝗵𝗲 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗞𝗲𝘆𝗻𝗲𝘀𝗶𝗮𝗻 𝗖𝗿𝗼𝘀𝘀 - with @adriencouturier.bsky.social & @rustamjamilov.bsky.social Does regional heterogeneity matter for monetary policy? We provide a theoretical, empirical & quantitative investigation. Link: dropbox.com/scl/fi/injql... Thread🧵 1/11 #EconSky