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Posts by Nicolás Lillo

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Annuities reduce mortality by 2.6% (5 years) and 3.6% (10 years) among Chilean retirees, by providing stable income and reducing investment-related stress, from Borja Larrain, Alessandro Previtero, and Felipe Severino www.nber.org/papers/w35082

20 hours ago 9 1 0 1

EU: The European Union will require sale of mobile phones with “user-replaceable and longer-lasting batteries” starting in 2027.

The regulation demands “availability of spare parts and manuals for 10 years to curb planned obsolescence”.

2 days ago 10436 2521 292 325

Por si saben de cuatro amigas chilenas paseando en Buenos Aires, una de ellas dejó un anillo en la cafetería Buo de Paraguay y Bonpland. Ellos lo guardaron porsiaca.

1 week ago 2 4 0 0
The Effects of California's $20 Fast Food
Minimum Wage on Prices
Jeffrey Clemens, Olivia Edwards, Jonathan Meer &
Joshua D. Nguyen
WORKING PAPER 34990
DOI 10.3386/w34990
ISSUE DATE March 2026
We analyze the effect of California's $20 fast food minimum wage (Assembly Bill 1228), enacted in September 2023 and implemented in April 2024, on consumer prices using the Bureau of Labor Statistics Consumer Price Indices for food away from home across 21 metropolitan statistical areas. Food away from home prices in California's four in-sample MSAs increased by 3.3 to 3.6 percent relative to 17 control MSAs through December 2024. Our estimates are stable across a number of specifications. Placebo tests on price indices for goods and services that were not affected by the policy, including food at home, show no differential increases in California's MSAs.
The price increases we estimate likely arise in part from spillovers to the full-service sector, as well as changes in the production functions and product quality choices of limited service restaurants.

The Effects of California's $20 Fast Food Minimum Wage on Prices Jeffrey Clemens, Olivia Edwards, Jonathan Meer & Joshua D. Nguyen WORKING PAPER 34990 DOI 10.3386/w34990 ISSUE DATE March 2026 We analyze the effect of California's $20 fast food minimum wage (Assembly Bill 1228), enacted in September 2023 and implemented in April 2024, on consumer prices using the Bureau of Labor Statistics Consumer Price Indices for food away from home across 21 metropolitan statistical areas. Food away from home prices in California's four in-sample MSAs increased by 3.3 to 3.6 percent relative to 17 control MSAs through December 2024. Our estimates are stable across a number of specifications. Placebo tests on price indices for goods and services that were not affected by the policy, including food at home, show no differential increases in California's MSAs. The price increases we estimate likely arise in part from spillovers to the full-service sector, as well as changes in the production functions and product quality choices of limited service restaurants.

CA’s $20 fast food minimum wage raised fast food prices by only 3%. The reason minimum wage increases keep not reducing employment and barely increasing prices is monopsony power.

www.nber.org/papers/w34990

3 weeks ago 1959 491 33 17

🌹

3 weeks ago 0 0 0 0
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Why Fertility Has Declined Everywhere Claudia Goldin attributes the problem to a mismatch between men and women's priorities following increases in women's agency.

El foco tiene que estar en cambiar normas sociales.

www.project-syndicate.org/magazine/why...

1 month ago 0 0 0 0

Kast todavía no se da cuenta que se acabó la campaña.

1 month ago 2 0 0 0

Algo que iban a hacer igual, ahora lo enmarca en la polémica.

1 month ago 0 0 0 0
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Partió tranquilito marzo, eh?

1 month ago 0 0 0 0
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Would anybody like to read one of my long threads about a 2.5bn year old rock, bacteria that could produce oxygen but not consume it, and tank production in wwii

1 month ago 479 125 20 44

Wow. Hamnet. Just wow.

2 months ago 0 0 0 0

@metrodesantiago.bsky.social debería hacer un concurso público de como climatizar el metro.

Me imagino que ya vieron las opciones convencionales y debe ser extraordinariamente caro, pero quizás hay una genia por ahí que se le ocurre algo nuevo y barato.

2 months ago 0 0 0 0

Sinceren que quieren negociar con la derecha las presidencias de comisiones y nos ahorramos todo este show.

3 months ago 0 0 0 0

Que grande @lulaoficialbluesky.bsky.social

3 months ago 1 0 0 0

Finally some good news. Important for jobs, investment, cooperation and the defence of rule based trade. Strong geopolitical signal.

3 months ago 7 2 0 1
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🤷‍♂️

www.latercera.com/mundo/notici...

3 months ago 0 0 0 0
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I'm not one for making predictions, but I don't see how securing oil wells with mercenaries is a stable equilibrium in the long-term.

3 months ago 1 0 0 0
Venezuela’s vice president, Delcy Rodríguez, appeared on a state-run television station after Mr. Trump’s announcement and asked Mr. Trump for proof that Mr. Maduro was still alive. In his Fox News interview, Mr. Trump declined to throw his support behind Maria Corina Machado, the Venezuelan opposition leader who recently won the Nobel Peace Prize.

Venezuela’s vice president, Delcy Rodríguez, appeared on a state-run television station after Mr. Trump’s announcement and asked Mr. Trump for proof that Mr. Maduro was still alive. In his Fox News interview, Mr. Trump declined to throw his support behind Maria Corina Machado, the Venezuelan opposition leader who recently won the Nobel Peace Prize.

Ya, aquí le cerró la puerta a mayor intervención. Para mí que el régimen sigue, pero con mayor conflicto interno y mayor violencia.

www.nytimes.com/live/2026/01...

3 months ago 0 0 0 0

Yo no sé lo que pasará ahora en Venezuela, pero una transición a la democracia sin violencia no es el evento al que le asigne mayor probabilidad.

3 months ago 1 0 0 0
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Spanish Woman Scorned, Then Loved, for Botched Fresco Restoration Dies at 94 Cecilia Giménez’s repainting of an image of Jesus in 2012 was widely mocked online. But tourists flocked to see her work, reviving her struggling hometown.

Cecilia Giménez, an amateur painter in Spain whose attempt to restore a church fresco of Jesus in 2012 ricocheted across social media, has died at 94. Giménez turned her town into a tourism hot spot.

3 months ago 66 14 4 6
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El quiosquero de La Moneda: “Alessandri era formal y seco; Allende muy bueno para conversar; y Boric, paternal” Julio Malvino lleva más de seis décadas vendiendo periódicos en la esquina de la casa de Gobierno

Me encantan estas historias.

3 months ago 1 1 0 0

Hace un par de días escuché a locutores radiales haciendo mofa de que la reflexión electoral de Giorgio Jackson tenía 18 páginas y notas al pié. ¡Porque quien lee 18 páginas!

Me parece que el tema con Karamanos es similar, idiocracia en curso.

3 months ago 7 2 1 0
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Who’s Afraid of the Minimum Wage? Measuring the Impacts on Independent Businesses Using Matched U.S. Tax Returns* Abstract. A common concern surrounding minimum wage policies is their impact on independent businesses, which are often feared to be less able to bear or p

Recently accepted by #QJE, “Who’s Afraid of the Minimum Wage? Measuring the Impacts on Independent Businesses Using Matched U.S. Tax Returns,” by Rao (@nirupama.bsky.social) and Risch: doi.org/10.1093/qje/...

3 months ago 19 13 0 6
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What?!

3 months ago 0 0 1 0
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‘I can’t think of a place more pristine’: 133,000 hectares of Chilean Patagonia preserved after local fundraising Exclusive: Ancient forests and turquoise rivers of the Cochamó Valley protected from logging, damming and development

‘I can’t think of a place more pristine’: 133,000 hectares of Chilean Patagonia preserved after local fundraising
www.theguardian.com/world/2025/d...

4 months ago 1 1 0 0

Thank you! This is very useful for policy makers.

4 months ago 1 0 0 0

Gracias Jeannette. La tarea era muy difícil y cuesta arriba, y aún así la asumiste.

4 months ago 0 0 0 0

Sospecho que la curva verde mágicamente caerá estrepitosamente desde marzo.

4 months ago 1 0 1 0
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El 14D: un plebiscito sobre el futuro - La Tercera

Esto es. Lamentablemente llegamos tarde. www.latercera.com/opinion/noti...

4 months ago 0 0 0 0
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Many Fighting Climate Change Worry They Are Losing the Information War

Desesperanzador... pero no hay que rendirse!

www.nytimes.com/2025/11/30/c...

4 months ago 0 0 0 0