We are hosting the Canadian Macroeconomics Study Group at @westernu.ca! This year's keynote is Kjetil Storesletten @hellerhurwicz.bsky.social Program 👉 baxter-robinson.github.io/CMSG2025_Pro... Registration is 100 CAD (70 for students!) 🔗https://economics.uwo.ca/about-us/workshops/index.html

New study compares economic experiences of China and Mexico after they opened to international trade and foreign investment by Xing Xu, PhD student at UMN Econ ‪ @umn-econ.bsky.social‬ and research analyst at Minneapolis Fed @minneapolisfed.bsky.social and me: www.minneapolisfed.org/research/sta...

Monetary policy shocks affect more cities with low income per capita, both in prices and income. Just Accepted new paper by Juan Herreño @juanherreno.bsky.social‬ and Mathieu Pedemonte @mathpedemonte.bsky.social‬ zurl.co/njzAc

Hello #econtwitter community: if any of you has been teaching any of my papers, would you mind shooting me a DM? I would hugely appreciate that 🙏 and thanks in advance!

Tomorrow I will be finishing a 321 mile bike ride from Cleveland to Cincinnati to raise money for Gigi's Playhouse Cleveland in memory of my Aunt, Amy Jo Smith. Amy died in March and Gigi’s Playhouse was her second home since they moved in nearby. support.gigisplayhouse.org/gigifit-acce...

Next week I will be biking 321 miles from Cleveland to Cincinnati in memory of my Aunt Amy Jo. I am raising money for a nonprofit that supports people with Down Syndrome that was incredibly helpful to my Aunt. support.gigisplayhouse.org/gigifit-acce...

Next was a pair of talks by Hugo Lhuillier (local root of wage inequality) and @socampdi.bsky.social (modeling wealth inequality) at @nber.org www.youtube.com/live/AUIIyL-... (3/6)

Former graduate student Carlos Rondon Moreno and our colleague Christiane Baumeister catching up at a Central Bank of Chile conference:

“Artificial Intelligence and Learning the Macroeconomy: Workshop in Honor of Albert Marcet,” BSE Summer Forum, 19-20 June 2025.

Welcome, @umn-econ.bsky.social! Great to have you posting on here. #EconSky

Copenhagen is expected to receive 30% more rainfall by the end of the century. The city is responding with a massive long-term adaptation plan. https://n.pr/4dYZOvs

Professor VV Chari in the @startribune.com on the legislation that recently passed the U.S. House: “We’re now out of the pandemic. This is a time for us to pursue perhaps a more responsible fiscal policy, but we seem to be going in exactly the wrong direction.” www.startribune.com/the-fiscal-i...

Re-upping my advice about how to write a good title and abstract for an academic paper, appropriately called: "How to Write a Title and Abstract" Feel free to share this thread, which will focus on titles. #EconSky #AcademicSky

Not true. I see you're a luxury watch dealer. I'm also interested in watches. Let me show you how free and easy migration has allowed you to earn a living. 🧵

This is incredible

from me!

Forthcoming in AEJ: Applied Economics: "Rising Concentration of Household Shopping, Superstar Firms, and Implications for Retail Markups" by Justin H. Leung and Zhonglin Li. www.aeaweb.org/articles?id=...

We are hiring! We are seeking expressions of interest for appointment as Full Professor in the Department of Economics at Monash University. DM me if you have questions. econjobmarket.org/positions/11...

We are opening three full professor positions in beautiful Innsbruck!

Checkout @1954swilliamson.bsky.social analysis of *stablecoins* and the implications of the GENIUS act. Steve provides a straightforward understanding of the main issues👇

1/Krugman's piece is a useful summary of the implications of the GENIUS Act, which sets up a legal framework for stablecoins. To add to this, a stablecoin is basically a bank. Like all banks, it holds assets, and issues liabilities intended to ... paulkrugman.substack.com/p/digital-co...

The tragic landslide in Blatten gives me the excuse to tell you the story of how we found out Ice Ages existed. It's a cool story and the most important bit is rather similar to what's happening now.

An emerging narrative on the right is that international students take seats away from deserving domestic students - a zero sum thinking about what universities do and their function 1/

In the most recent issue of @restatjournal.bsky.social (direct.mit.edu/rest/article...), we (Kaspar Wuthrich and @karthik-econ.bsky.social) provide guidance on how to analyze and design experiments with factorial designs (or cross-cuts). A 🧵 below:

What did we find? This combination – not quite knowing if good/bad times are permanent AND having borrowing limits – can significantly increase economic instability. It can lead to "overborrowing" and make financial crises more frequent.

🚨 Excited to share insights from a paper I co-authored with @juanherreno.bsky.social on why emerging economies often face financial crises or "Sudden Stops"! Just published in Journal of International Economics (@jintlecon.bsky.social ) 📝 Link: shorturl.at/JdJhr #Econsky #Macroeconomics

Marina von Neumann Whitman has passed A remarkable woman I was fortunate to be her colleague First woman on the Council of Economic Advisers (‘72-‘73) in a life of many firsts en.m.wikipedia.org/wiki/Marina_...

Next year's recruiting season in economics is going to be dismal.

😂 We recently published a paper which we could have started with: "this paper saw 2 wars, a pandemics, a trade war, 2 economic crises, the return of inflation, 6 troubled elections, 2 divorces, a wedding, 3 births, 6 moves in 5 countries"

It is an #AWSOME day for us at Western! We are hosting the Annual Workshop of Southwestern Ontario Macro Economists! Program👇

Raniero Mancinelli, 86, has been a tailor for about 70 years. He made the robes that welcomed the Pope today. You can read about him in the National Catholic Reporter (check the links in the IG handles below). IG sistersreport and ncronline

Forthcoming in AEJ: Macroeconomics: "Optimism about Graduation and College Financial Aid" by Emily G. Moschini, Gajendran Raveendranathan, and Ming Xu. www.aeaweb.org/articles?id=...

Gale and Shapley (1962)

There already exists a published paper!

From the archives: how much was history of economics still taught in US economics graduate programs in 1989. Are your students more creative and reflexive now that close to 0% of them are offered a class in history of economics? #econsky

Trump's tariffs from viewpoint of Spanish Canadian economist Pau Pujolas @paupujolas.bsky.social: "I saw a message from Timothy Kehoe, my mentor and an economist at the University of Minnesota. He wrote, 'You’re famous—and I don’t think you’re going to like it.'" torontolife.com/city/it-felt...

The 2025 Spring Roundtable was a success! Many undergraduate students presented their impactful research. A special thank you to Dr. Adriana Kugler from the Federal Reserve and Dr. Juan Pablo Nicolini from the Minneapolis Fed for their engaging presentation. cla.umn.edu/heller-hurwi...

Congratulations to Stefanie Stantcheva (@s-stantcheva.bsky.social) of @harvard.edu, winner of the 2025 John Bates Clark Medal! #econsky www.aeaweb.org/about-aea/ho...

Come and see Amy Handlan present her research on 'text shocks and monetary surprises' this Friday I am looking forward to moderating the event

Very sad to hear that Pat Bajari has died. cla.umn.edu/economics/ne...

WP alert (with @frikknesje.bsky.social): papers.ssrn.com/sol3/papers.... How to evaluate policies affecting future generations? Time and inequality attitudes are essential. By disentangling these attitudes, we better understand tradeoffs and unveil plenty of tractable criteria. #econsky

Have you successfully defended your doctoral thesis and are looking for a postdoc opportunity? Then apply with us at NTNU in Trondheim for a MSCA Postdoctoral Fellowship! DM if you are interested & want more information. Pls help me to spread the word by reposting. www.ntnu.edu/horizon-euro...

The Chinese government just advised the 250,000 Chinese students attending US colleges to reconsider their decision. That's a big deal for many selective public and private universities that rely on them as a revenue and talent source.

Help! I want to suggest good (terminal) Masters programs to my undergrads at the University of Western Ontario Any suggestions? I am thinking programs in economics, public policy, finance, and the like.

Help! I want to suggest good (terminal) Masters programs to my undergrads at the University of Western Ontario Any suggestions? I am thinking programs in economics, public policy, finance, and the like.

One challenge for trade policy, is that the benefits to consumers (like lower prices) feel vague & abstract—it's hard to see what we'd lose without free trade. Job threats feel immediate, driving support for protectionism. More recent on views on trade👇

##EconSky Our seminar speaker for tmr was coming from U Toronto. He was apparently detained (politely) for several hrs by US customs in CA. He was then cleared to travel to the US after his flight had left. Needless to say, no seminar tmr.

The @trade--talks.bsky.social team got back together… A special episode about tariff day, featuring @chadpbown.com, Kathleen Claussen, Maury Obstfeld, @douglasirwin.bsky.social and… me! podcasts.apple.com/gb/podcast/t...

Great event coming up @hellerhurwicz.bsky.social with the pathbreaking Dr. Adriana Kugler on the U.S. Economic Outlook. She's a member of the Fed Board of Governors. Check out her resume, if you don't know her. Evening of Tue, Apr 22 at the U. #EconSky #NumbersDay cla.umn.edu/economics/ne...

Tomorrow, Normative Economics and Economic Policy webinar by @yannaigonch.bsky.social! Join us at 5pm Paris time (11am EDT) to hear about: "Quantifying Inefficiency," joint with Ella Sagev. Link: arxiv.org/abs/2412.11984 For the zoom invite, email us!