Congratulations to Frank Verboven (@frankverboven.bsky.social) for being appointed as AER coeditor, handling papers in empirical IO and related fields. His term starts on July 1. I’m delighted to have him on our team. @aeajournals.bsky.social #EconSky

Some president should really try to get Justin to be their CEA chair. He's a well regarded, broad researcher, a clear thinker, a fun and upstanding person, and really the best video communicator of economics in the profession.

🚨 An updated version of "Demand Estimation with Text and Image Data" with Ilya Morozov and Stephan Seiler is now available online: papers.ssrn.com/sol3/papers.... We also make the full code pipeline available here:

The former ambassador to Denmark for the United States, Rufus Gifford, posted this video on his Facebook account: Ht: @hpsc24.bsky.social

Respect, Sparty. "... Michigan State will never abandon our core values...Michigan State operates within all state and federal laws prohibiting race-based discrimination and preferences..." president.msu.edu/communicatio...

The U.S. Constitution's First Amendment defines the right of all people in America to speak freely. It legally bars the federal govt from acting against anyone based on their speech. Our executive is attacking 1st Amendment rights. American courts, congress, & people can defend them.

If you're looking for something to do: www.mobilize.us/handsoff/ I'll be there next Saturday

Check out the recordings of this year's @macci-mannheim.bsky.social annual conference.

Interesting new paper: arxiv.org/pdf/2503.09907 improves on both rdrobust and rdhonest! Quite compelling... 1/n

The Department of Defense deemed a story about baseball hero and civil rights leader Jackie Robinson's time in the Army as "DEI" and deleted it.

President Trump has taken an extraordinary and dangerous step of firing two FTC Commissioners. This is a dramatic ratcheting up of the politicization of the agency--the opposite of the direction it should be going in.

Trump fires both Democratic commissioners at the #FTC. Clearly contrary to the intent of the FTC being an independent agency. We’re well on our way to being ruled by an autocratic, authoritarian regime. This has to be stopped. www.reuters.com/world/us/tru...

Mike spotted this before the rest of us. 🫡 Publications from 2025 are shared more on Bluesky than on X/Twitter.

Forthcoming at the Journal of Political Economy: We find that consumer product markups increased more than 25 percent from 2006 to 2019. One contribution is an approach to estimate IO-style models at scale, yielding flexible consumer preferences and estimates of marginal costs.

worth seeing

Receiving breaking news about cuts to the federal workforce every day makes me extremely disturbed and disheartened. My former colleagues are dedicated public servants who sacrifice themselves to serve the nation. Without them, this country could never be great.

Got the ball rolling on a Fed Economists starter pack go.bsky.app/GudXeoo Fed economists, let me know if you’re on Bluesky and I’ll add you

@heidiwilliams.bsky.social JEP has a new edition with some work on antitrust. www.aeaweb.org/issues/793. In my new book there are multiple chapters on how game theory impacts analysis of mergers and collusion.

Happy to see this paper with @natehmiller.bsky.social in print! In the paper, we address identification of the price coefficient in models of supply and demand. We show how a covariance restriction between demand and cost shocks can resolve endogeneity. www.aeaweb.org/articles?id=...

Learning by doing in the global electric vehicle battery sector is estimated at 7.5 percent and accounted for 35.5 percent of battery cost reductions from 2013–2020, from Panle Jia Barwick, Hyuk-Soo Kwon, Shanjun Li, and Nahim B. Zahur https://www.nber.org/papers/w33378

A study of the welfare effects of buyer and seller power in vertical relations and an empirical approach for quantifying the contributions of each channel to deadweight loss, applied to coal procurement by power plants in Texas, from Mert Demirer and @MichRubens https://www.nber.org/papers/w33371

Hi, #EconSky! I’m Anderson, a 6th year PhD candidate at the University of Virginia. For those going to ASSA this week, I’ll be presenting my job market paper, The Effects of Privacy Regulation on the Supply of Stolen Data, during the CSMGEP session tomorrow at 8AM. Here’s a short thread about it

Excited to share results from a 4-year first-ever RCT across US jails. We (Crystal Yang & I) find that death rates are much higher in jails than officially reported & health care accreditation improves staff coordination, quality & save lives. www.nber.org/papers/w33357

Nate’s article is well worth reading. For a comment on it by @proffionasm.bsky.social and me about why we still think market power increased for decades in part because of insufficient antitrust enforcement, see www.promarket.org/2024/10/01/m...

My take on the Draghi report on competitiveness below. No conflict with competition at all - competition supports innovation, resilience, and healthy industrial policy. www.bruegel.org/first-glance...

Interesting data from @johnlist.bsky.social about the AER. Orley has done so much for our profession.

Bright & early tomorrow at 8am in Golden Gate 1&2 at the Hilton! See you there!

Planning your 2025 economics conference schedule? I've updated my list of general interest, IO, and theory conferences: www.igorletina.com/conferences.... New this year: you can generate a calendar file 📅 to easily track dates and submission deadlines of selected conferences. #econsky

Episode 86: Dan Gross on Labour Market Responses to Automation. #EconSky. Listen here at: www.thevisiblehand.uk/episodes/epi...

Mergers are followed by large and persistent increases in lobbying activity, both by individual firms and by industry trade associations, suggesting that firms with market power will also attempt to gain political power. www.nber.org/papers/w33255

Our call for papers has been posted! Get ready for #IIOC2025 May 2-4 in Philadelpha. Submission deadline 1/31. www.indorgsociety.org/conference

🚨 New paper alert! 🚨 Co-authored with Jose Azar: Chapter 10 - Monopsony Power in the Labor Market, in the Handbook of Labor Economics. doi.org/10.1016/bs.h... Honored to contribute to this series that inspired me as a young researcher! 🙌 #EconSky 🧵

Episode 84: Emily Nix on Violence Against Women at Work. #EconSky Listen now at: www.thevisiblehand.uk/episodes/epi...

#econsky On November 14 and 15 the Market Power Workshop is happening again. Once again, we have a great lineup. For information on how to attend, see: sites.google.com/view/marketp...

How has competition changed across the UK economy over the past two decades? The CMA has just released our report on the state of UK competition. Let me pick out a few key narratives. #EconSky https://www.gov.uk/government/publications/the-state-of-uk-competition-report-2024#EconSky 1/

Call for papers for the 2024 Brookings/Brandeis/Chicago/Purdue Municipal Finance Conference! The submission deadline is March 1, and the conference is at the Brookings Institution in DC on July 17-18. www.brookings.edu/centers/the-...

My latest blog post, "What I’ve learned from being a journal editor" is now up. Short list below, read more here: deryugina.com/what-ive-lea...

Große Ehre für @joelstiebale.bsky.social 🎉 Die "Competition & Market Authority" (CMA) beruft den @hhu.bsky.social -Prof. für empirische Industrieökonomik in das "Academic Panel". www.dice.hhu.de/news/cma-ber...

Susan Athey and I just posted a note discussing the changes between the 2023 Merger Guidelines and the draft issued this summer.

It has been a busy week at the FTC. Three acquisitions terminated: Sanofi-Maze, Illumina-Grail and now John Muir Health-San Ramon Medical Center. Congratulations to the staff economists and lawyers!

IO economists, the Call for Papers for the IIOC is out. It is May 3-5 in Boston. There are special sessions to showcase the work of grad students. Submit by Jan 31. www.indorgsociety.org/conference

What finding or development (if any) has you feeling (cautiously) hopeful about climate change?

We recently received some criticism claiming that our EJMR paper is illegal, unethical, and flawed. Although it's perhaps obvious that this criticism is patently false, we respond to this criticism here. florianederer.github.io/response-rau...

All while Bsky became constantly better

Watch Claudia Goldin’s Nobel Lecture: ”An Evolving Economic Force” 📈📉 www.youtube.com/live/RBkLI5i...

This 📈📉 working paper looks useful econweb.ucsd.edu/~jwatson/PAP...

When home heating prices are lower, fewer people die each winter, particularly in high-poverty communities. That's the punchline of my paper with Janjala Chirakijja and Pinchuan Ong on heating prices and mortality in the US, just published in the Economic Journal. 📉📈 academic.oup.com/ej/advance-a...

Sixty years ago this month in the AER. Many would agree that this paper launched the field of health economics. www.jstor.org/stable/1812044

@janeeckhout.bsky.social has arrived! 📉📈