oking forward to presenting our work with Alberto Palazzolo on deglobalization and local/global value chains at the ECOOM-STORE day on June 27th. Joining the stage with the outstanding Meredith Crowley (Cambridge). Registration is free; slides will be available after the event. lnkd.in/eetrFNWT
Looking forward to participate in a Round Table at the Agency for the Promotion of European Research (APRE) in Brussels tomorrow on "Do Horizon Programs help bridge the competitiveness gap?". Very timely given the role of the EU in a changing global landscape! #ULB #ECARES
Looking forward to teach a week-long course on production networks in Lisbon next week! www.iseg.ulisboa.pt/en/event/ise...
Your periodic reminder that the digital content you buy is not yours. It is even impossible to move Amazon content from one account to another owned by the same natural person, since licenses are granted to an account, not a legal person....
"Amazon accounts cannot be merged or combined content, content would remain on the original accounts, and the way to access them is via their login emails or phone numbers. Digital content can never be transferred between Amazon accounts and can't be moved between devices."
To tackle our global challenges, we need stronger supra-national decision-making and a more united Europe. Will the real EU please stand up?
👉 Strengthening Cross-Policy Collaboration
Trade, industrial, competition, public, social, and cohesion policies must work hand-in-hand to support EU decision-making. Without a coherent industrial policy, we see subsidy shopping and externalities that global powers can exploit.
This misalignment can weaken EU unity, making it harder to achieve collective goals. We are working on this with Alberto Palazzolo.
Together with Niccolò Consonni, we’re exploring these questions to prepare for future shocks—be it a water crisis or beyond.
👉 Addressing Regional Disparities
Policies like trade, industrial, or social policy often create winners and losers—even within the same country.
👉 Developing a Toolbox for Strategic Goods
While initiatives like those by DG GROW at the European Commission are an important step in the right direction,
we lack a robust framework to:
Identify strategic goods.
Evaluate dependencies.
Conduct stress tests for resilience.
Today, we need to redefine our "strategic goods" as steel and coal are no longer central to value chains.
👉 Avoiding unilateral dependence
True integration means joint dependence, not the one-sided reliance we saw with Russian gas.
How can we balance national security with the benefits of open trade?
💡 Some thoughts:
👉 This is not a new question
After WWII, the EU’s predecessor linked security and trade through the European Community of Steel and Coal.
2️⃣ The Need for a Strong and United EU
A cohesive EU is essential to remain a key player globally. However, tensions between local political developments and supra-national decision-making create challenges we must navigate.
Here are some key insights I took away:
1️⃣ The Role of Trust in Trade
Trust plays a crucial role in trade, but it’s not something our standard economic models typically address. Building trust must be part of the conversation moving forward.
This week, I had the honor of joining a @financialtimes.com panel discussion on "Building a New Coalition of Trading Democracies" with Iuliu Winkler, Vice Chair of International Trade EU Parliament, Daniela Schwarzer Executive Board Bertelsmann Stiftung, and Julia Friedlander CEO, Atlantik-Brücke.
Im honored to talk at the @financialtimes.com panel on networks and transatlantic relationships in Brussels next Wednesday! In person or globally online: trading-democracies.live.ft.com
My call for more EU in @destandaard today: "Europa moet nu meer dan ooit de handen in elkaar slaan "
www.standaard.be/cnt/dmf20241...
Happy to be part of the list!
ok thanks - that is also at the basis of my setup. I do create random data along the same dimensions of the real data that allows to run the full code pipeline for reproduction. This allows to run codes on fake data if proprietary, helps for code debugging, and can run on smaller data dimensions.
to be fair, Stata mentions this in the documentation. But having conceptual differences in the value of . across Stata commands is indeed not helpful. Similar issue with collapse by the way.
I’d be happy to hear more about your one push button replication techniques 😬
Our paper on the need to collaborate and map global firm-to-firm networks just got published at Science!
www.science.org/doi/10.1126/...