Elon Musk’s $1tn Tesla pay deal to be rejected by huge Norway wealth fund

It's that time of year again... #EconSky

A bit of promo for my upcoming talk on Space Economics (which I REALLY hope people start calling Astronomics)! @ucddublin.bsky.social @skatteforsk.bsky.social @rethink-gsc.bsky.social www.kaakaa.no/artikler/bef...

Looking forward to participating in this one: www.kaakaa.no/program/spac...

The day after Budget Day 2026 started with an interview with BBC NI’s Good Morning Ulster and will end with a UCD Econ alumni & staff reunion at @isweconomics.bsky.social’s post-budget analysis tonight @mueconomics.bsky.social @maynoothuniversity.ie. #economicsfun @ucddublin.bsky.social

Are you interested in research on corruption/illicit finance/kleptocracy? We are hiring a Research Fellow at @acdatacollective.bsky.social: acdatacollective.org/wp-content/u... Please share in your networks, this could be a great gig.

I was very pleased to be part of this project!

💡 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗸𝗲𝘆 𝘁𝗼 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝘁 𝘀𝘂𝗽𝗽𝗹𝘆 𝗰𝗵𝗮𝗶𝗻𝘀! Stronger research investment, better knowledge transfer, + policies linking trade, tax + innovation are key to resilience. 📽️More: www.youtube.com/watch?v=t6P7... #SupplyChains #Innovation #EUResearch @horizoneu.bsky.social

Missed last week’s RETHINK-GSC conference on the future of global supply chains? 🌍 🎥 The full recording is now online — watch insights from our researchers & policy leaders. 🔗 Watch here: www.bruegel.org/event/rethin...

We're hiring a Full Professor of Economics - below you can now see the ad on our website! @univdauphine.bsky.social leda.dauphine.fr/fr/recruteme...

Our fearless leader Holger Görg explains why policies that ignore global supply chains don’t have a leg to stand on. @rethink-gsc.bsky.social

If you teach an undergrad international trade course and want some hands-on experience with real data & Stata or R, consider my “Gravity for Undergrads” Chapter. It may be useful in econometrics, undergrad seminars, and undergrad theses. Gravity Rules 💪 yotoyotov.com/Gravity_Unde...

📢 RETHINK-GSC Final Policy Conference 📅 18 Sept 2025 | @bruegel.org, Brussels & online Knowledge flows, service inputs & economic shocks are reshaping #GlobalSupplyChains. Join us as we present our key research findings for policy + resilience. 🔗 Registration: www.bruegel.org/event/rethin... #GSC

📙 Read the paper here: rethink-gsc.eu/knowledge-jo... 🗞️ Read the press release: rethink-gsc.eu/innovation-c...

Even short-term shocks can reshape supply chains. 🚢 New research by @saskiameuchelboeck.bsky.social shows German firms hit by the 2018 low water crisis on the Rhine permanently shifted away from inland shipping — a warning for climate resilience. Learn more: rethink-gsc.eu/germanys-low...

🚢 Klimaschocks hinterlassen Spuren! Unsere Forschung zeigt, dass das Niedrigwasser 2018 Unternehmen in Deutschland dauerhaft von der Binnenschifffahrt auf Schiene & Straße umsteigen ließ. 📰 Der Spiegel berichtet über @saskiameuchelboeck.bsky.socials Studie👇 #Lieferketten #Resilienz #Klimawandel

Johannes Scheuerer presenting work with Annette Alstadsaeter and @jakobbrounstein.bsky.social on tax evasion penalty rates. @skatteforsk.bsky.social

Thou shalt not use tariffs to tax working class Americans and then pretend the money is being paid by foreign countries.

Very happy to see my work with Annette Alstadsæter & @andokl.bsky.social on using leaked data for academic research out in early access for @itaxjournal.bsky.social, link.springer.com/article/10.1...

Spot on discussion by @ricardohausmann.bsky.social. Econ teaches us that the answer is typically "somewhere in the middle". But what we choose to publish in top journals sacrifices innovation for identification and that's a mistake that will cost the field. www.project-syndicate.org/commentary/w...

On the @taxjustice.net podcast the #Taxcast, I spoke to @4taxfairness.bsky.social on how undocumented immigrants in the US are paying a higher effective tax rate than 55 mega-corporations & several billionaires. And how unwise the US is to be persecuting them the way they are

Open position⚠️ Come join us in Zurich as a pre-doc/research assistant in a diverse team working on a number of research projects on public finance, political economy and social wellbeing in Tanzania, DRC, Ecuador and Chile. Applications here: www.povertyactionlab.org/careers/pre-...

For the moment...

White House confirms 15% tariff rate will include pharma and semiconductors

@nixonsimon.bsky.social lays out in a few sentences why Europe has been so tame in the trade war. Generous reading is that Europeans worried too much for Ukraine. Ungenerous reading is EU politicians were weak.

Now consider all the universities without the endowment to pay such a bribe. Shame on Columbia; you’re showing a disgusting mix of cowardice and privilege.

Proudly grown and baked in the USA… as part of a global supply chain and owned by a multinational. Don’t buy the hype.

We intentionally did not put Rosie in the headline because this is not about Rosie O’Donnell it’s about everyone

“The importance of trade in services between the US and the EU unfortunately only plays a minor role in the trade talks between the two countries, otherwise this would give the EU considerable negotiating power.” New Kiel Policy Brief by Holger Görg, RETHINK_GSC's project head, and colleagues! 👇

Trade in services between 🇪🇺 & 🇺🇸 is largely neglected in current trade talks—despite matching goods trade in scale. From 2014–2024, the US ran a consistent services surplus, partially compensating its goods deficit. Ignoring this weakens the EU's negotiating position, warns a new Kiel Policy Brief 👇

1/ How do MNEs shift profits to tax havens & who’s doing most of it? Using #German administrative data, authors show: 🔹 Profit shifting rises sharply with firm size 🔹 €19bn shifted in 2022 alone 🔹 95% of that by firms covered by the Global Minimum Tax 👉 www.taxobservatory.eu/publication/...

When university education is free, students treat it as something with zero value. When cash is on the line - especially their own, not Mom & Dad’s - they squeeze every drop from it. Fees provide more than just much-needed revenue, they provide motivation.

🚀 More patents = more jobs — but only when innovation is diverse & connected. Our new RETHINK-GSC study shows: doubling patenting boosts jobs by 6%, but over-concentration in a few fields slows growth. 👉Smart, inclusive R&D policy is key. #Innovation #Jobs #STEM #EUresearch #RETHINKGSC

📣 New publication! "Multinational Network, Innovation and the Growth of Employment" MNEs = more innovation and more jobs. Study finds global firms are better at turning patents into employment. Local R&D → global ripple effect. Time to rethink how we support innovation? 💡🌍 #innovation #jobs #MNEs

🚨 Only 10% of EU patents involve universities. Why? A new study of 2,900 HEIs finds third-party funding boosts both quantity & quality of patents — especially in wealthier regions. Regional policy matters! 🔗 rethink-gsc.eu/funding-stru... #Patents #Innovation #ResearchFunding #RETHINKGSC #EU

It took 13 years to agree a global minimum tax — and now the U.S. wants to gut it for its own multinationals. @jayatighosh.bsky.social calls it what it is: a rollback of even the watered-down compromise. Listen⤵️ #TaxThePower #FfD4

To reveal the underlying values, just look at the bill. Both Senate and House bills have large, expensive tax breaks for the foreign income of US MNCs, even as the Administration supposedly rails against offshoring, as @whitehouse.senate.gov points out in a new oped. www.usnews.com/opinion/arti...

We are currently recruiting for the following position: Research Assistant - Taxation, Welfare and Pensions Programme The successful candidate will work on research topics in this area and will contribute to developing and using the ESRI tax-benefit microsimulation model, SWITCH.

New paper. My favorite takeaway is that MNEs are better at turning innovation into employment.

#Resilientsupplychains comes from managing risk—not isolation. OECD modelling shows that relocalising supply chains could cut trade by 18%, reduce GDP by 5%, and fail to improve stability. Learn more🔗 www.oecd.org/en/publicati...

The New Global Economy: Trade Wars and De-dollarisation? Submissions deadline: 1 July 2025 Conference dates: 27-28 September 2025 Location: Cambridge UK

PEEL IT BACK 2025 – NIGHT ONE JUNE 15 • DUBLIN PHOTOS BY @kraw.bsky.social + TODD TOURSO

Sloppy headline. Of course, they were down in April -- because they were WAY up in March ahead of the (potential?) tariffs. It even goes on to say "However when compared with April 2024, goods exports were still up by €2.5 billion." Sorry to spoil your story with your OWN story.

Yeah, so I'm probably not going to go see this.

Well duh. But it's nice to know Danny and I are in agreement.

Very sad. RIP Douglas.

Wrote the first draft of a paper on April 5, got it accepted yesterday (Economics Bulletin). 66 days from start to finish. Granted, it's not a major piece of work, but for short, policy relevant output, I feel like that's how it should be.

We are hiring a #postdoc in international economics and/or economic policy at @dice.hhu.de to start in October.

My latest for @economist.com on Section 899—a worrying effort to use foreigners' US investments to strong-arm other countries into changing tax policies. The more likely impact, affirmed by the nonpartisan Joint Committee on Taxation, is to make Americans poorer. www.economist.com/finance-and...