CALL FOR PAPERS🚨! The Federal Reserve Bank of Chicago will be hosting the inaugural meeting of the Annual Conference on Municipal Bond Markets on October 3-4, 2025. We invite submissions of unpublished and highly policy-relevant papers on the muni market. (1/4)

Per the FT: “Global corporate debt sales soared to a record $8tn this year, as companies took advantage of red-hot demand from investors to accelerate their borrowing plans. Issuance of corporate bonds and leveraged loans climbed by more than a third from 2023 to $7.93tn, according to LSEG data.”

Listen carefully and you will hear a thousand economists typing up their papers on the effects of the minimum wage increase.

When I decided to take an unpaid internship at the Ministry of the Economy (~= Dept of Commerce) in my final undergrad year and realized that: (i) you could things w/ an econ degree that were more interesting than strategic consulting or investment banking but (ii) you needed a PhD for that

The golden age of property tax assessment research is upon us. A new paper finds that assessors smooth property tax revenue by reassessing less aggressively during property value downturns. Also, they under-assess their own homes! www.nber.org/system/files...

The expiration of the TCJA next year will renew debates on whether the federal income tax exemption of municipal bonds should be preserved or eliminated. The exemption subsidizes infrastructure spending at the state/local level with federal taxpayer money. A 🧵:

For decades, Windell Curole worked with the federal government to build a massive ring of levees to protect his community from hurricane force flooding. But after Katrina, Windell decided that the best way to protect the place he was born and raised was to go rogue. https://buff.ly/4g02rxe

We are currently putting together another set of seminars for the Virtual Municipal Finance Workshop for next year. We won't have a formal call, but we've tried to do an exhaustive search for new working papers. Feel free to send me any of your own papers we may have missed! www.muni-workshop.com

Also, in case you missed my brief commentary on what happened at COP29 in Baku, here it is: www.robertstavinsblog.org/2024/11/29/w...

Hello #EconSky! I’m Bhavyaa Sharma, a Macro-Finance and Climate Finance #JMC from UC Santa Cruz. My research focuses on how financial institutions & households navigate climate risks amidst information frictions & behavioral biases. 🌐 Website: www.bhavyaasharma.com 🧵 on my JMP 👇 #EconJMP

🚨Call for Papers🚨 Together with the Bank of Canada and the Chicago Fed, we're organizing a Conference on #FixedIncome Research and Implications for #MonetaryPolicy on May 22-23, 2025, in San Francisco. Submissions due by January 31. More details: www.frbsf.org/news-and-med... #EconSky

www.newyorkfed.org/research/sta... Excited to share a new staff report with Jacob Kim-Sherman (who is applying to PhD programs, keep your eyes out admissions committees!) We study the implications of the tendency for natural disasters to cluster across space and time for economic research #EconSky

🎤🎤 New Densely Speaking pod featuring @profschleich.bsky.social with @gregshill.bsky.social. Railroads! Cities! Municipal bonds! This episode has it all. We talked about David’s book **In a Bad State: Responding to State and Local Budget Crises.** Listen wherever you get your podcasts.

Amanda Dos Santos (amandadossantos.net) at Columbia Business School is on the job market this year with a great JMP "The Development of Domestic Bond Markets". Jesse Schreger is the main advisor, and i also wrote a letter.

In a recent paper, Owen Zidar (@omzidar.bsky.social), Gabriel Chodorow-Reich, and Eric Zwick asses and draw lessons from the business provisions of the 2017 Tax Cuts and Jobs Act, the biggest corporate tax cut in US history. Read the paper: bit.ly/3ObZOwh

A study of bank failures in the US from 1865 to 2023 finds that failures are primarily caused by deteriorating fundamentals, rather than bank runs, from Sergio A. Correia, Stephan Luck, and Emil Verner https://www.nber.org/papers/w32907

Just released an RFF 📈📉 working paper on equity–efficiency–cost-recovery trade-offs in municipal water pricing. It's got it all: two-part tariffs! increasing-block rates! free water! simple theory! OLS galore! data from 700+ utilities! municipal finance! Check it out: www.rff.org/publications...