Princeton Economics (short) obituary for Kate Ho, great researcher, teacher, mentor and all around right guy. economics.princeton.edu/news/honorin...
Posts by Jake Bradt
OMG. I never met her, but her work was incredibly brilliant and important. What a huge loss.
📢 Out now in the 🍁November 2025 issue🍁of #JAERE! 📢
"Hotelling Meets Wright: Spatial Sorting and Measurement Error in Recreation Demand Models" by Jacob T. Bradt ( @jtbradt.bsky.social ).
Read it here: buff.ly/3YiBhqQ
📈📉 #Econsky
Excited to have this WP out!
We use a real-stakes survey experiment to measure misperceptions about air pollution/health impacts & test whether updating beliefs changes WTP for clean air
We find large misperceptions, but not strong evidence that rectifying these would close Black-White WTP gaps
“Floods are ‘acts of God,’ but flood losses are largely acts of man.” Gilbert White www.nytimes.com/2006/10/07/o...
The U.S. has seen a manufacturing boom since the Inflation Reduction Act, especially in the emerging Southeastern battery belt. But these projects and associated jobs are potentially at risk with proposed changes to tax credits.
Forthcoming in the AER: "Power Flows: Transmission Lines, Allocative Efficiency, and Corporate Profits" by Catherine Hausman. www.aeaweb.org/articles?id=...
Fun surprise seeing this on the @nber.org homepage as today’s featured WP!
I hope everyone is excited for #IIOC2025 at Drexel LeBow
in Philadelphia starting Friday May 2! On Friday, we have the Rising Star Sessions at 5, followed by the Cocktail Party sponsored by Analysis Group. A whole lot of great sessions on Saturday and Sunday. See you there IOs!
Always fun to step back from [waves hands around] to do a thread on new accepted research.
Happy to share the release of our paper "Show me the Money! A Field Experiment on EV Charge Timing" in AEJ:Policy today.
Co-authors: Megan Bailey, David Brown & Frank Wolak
[thread]
Recently accepted to #REStud, ``Colluding against Environmental Regulation," from Alé-Chilet, Chen, @jingli-econ.bsky.social and Reynaert:
www.restud.com/colluding-ag...
#EconSky #REStud
#pollution #regulation #collusion
Congrats!
🆕 Just accepted 🆕 in JAERE:
"The Distributional Consequences of Incomplete Regulation" by Danae Hernandez-Cortes (@hernandezcortes.bsky.social)
Read it here: www.journals.uchicago.edu/doi/10.1086/...
#EconSky 📈 📉
May his memory be a blessing. #econsky obituaries.startribune.com/obituary/pat...
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...
Recently the President ordered that coal generators don’t need to comply with the Mercury and Air Toxics Standard (MATS). My forthcoming JPE paper with Gautam Gowrisankaran and Wendan Zhang on uncertainty surrounding MATS, so it seems like it’s time for a thread! www.whitehouse.gov/presidential...
Adapting to climate change – finding ways to prevent the harshest effects or deal with crises when they occur – is a first-order issue. But research on the economics of adaptation has offered little guidance for policy. This column reviews the existing literature on adaptation and considers how it can more directly inform policy design and implementation. The authors identify two distinct streams of adaptation literature, outline how each can be used to evaluate policy, highlight limitations and opportunities for public intervention in private adaptation markets, and provide guidance for future work.
Tamma Carleton, Esther Duflo, Kelsey Jack, & Guglielmo Zappalà explore the literature on two main forms of #climate adaptation (ex-post and ex-ante), outline how each can evaluate #policy, and consider how they can directly inform policy design and implementation.
cepr.org/voxeu/column...
#EconSky
This is very big deal! Removing info of both intrinsic AND instrumental value: Yang and coauthors found the GHG Reporting Program reduced emissions at regulated plants by 7%!
www.nber.org/system/files...
I’m probably biased, but I’m a big fan of this paper!
Fantastic evidence on a very timely subject AND a very approachable intro to estimating dynamic games.
#econsky
Recently accepted to @reveconstudies.bsky.social, "Industrial Policy Implementation: Empirical Evidence from China’s Shipbuilding Industry" from Barwick, Kalouptsidi and Bin Zahur:
www.restud.com/industrial-p...
Happy my JMP is (finally) coming out! The JAERE review process was wonderful and improved the paper a lot. Thank you to all who helped see this project through.
Just released an updated version of our working paper w/ Joe Aldy looking at Army Corps levees:
🏘️Protected home values ⬆️3-4%
🌊Risk transfer: nearby home values ⬇️1-5%
⚖️Racial sorting on flood risk post-construction
🏛️Appropriation process likely affects distribution of impacts
Comments welcome! 👇
1/19: Seems timely to share a paper which explores how people perceive & understand trade and trade policies. Which factors shape the support for different trade policies? Thread below with the key takeaways #EconTwitter 🧵, and full paper here: socialeconomicslab.org/understandin...
Thanks, Raahil!
And congrats on your recent paper at JAERE! Remember chatting with you about that at another AERE as well.
That's a good one! I could see this being useful at small scales where these delays are likely to impact drive times and site choices. Might get tricky with people anticipating these kinds of shocks to travel time though... and as you say most applications likely don't account for these.
Fair enough! Published title definitely not doing a good job of “say what you found”!
Thanks, Andrew!
Excited to see this paper coming out in JAERE! The idea for this came from casual conversations very early in the PhD, so it's nice to see it find such a wonderful home! JAERE's review process was super helpful.
Alternative title: "Why your recreation demand model probably needs a price instrument"
Half of all new US EV registrations, 2012–2023, went to the top 10 percent most Democratic counties, from Lucas W. Davis, Jing Li, and Katalin Springel https://www.nber.org/papers/w33591