Competition and industrial policy in the 21st century Abstract. Large fixed costs and (direct and indirect) network externalities generate barriers to entry and high markups for winners in the digital industry

‘Monopolies always raise concerns about high prices, low innovation and—if the monopoly position may be challenged—possible abuses of dominant position against potential rivals. Tech giants are no exception.’ Jean Tirole | IFS Deaton Review academic.oup.com/ooec/article...

Does housing affordability and security affects fertility?

According to this study the answer is "yes": When people aged 20-25 years are given social housing (via lottery), then they are 32% more likely to have a child and end up having 33% more children in total.
papers.ssrn.com/sol3/papers....

Sage Journals: Discover world-class research Subscription and open access journals from Sage, the world's leading independent academic publisher.

This new paper finds that increasing house prices and the build up of housing assets have the "potential to both stabilize and destabilize democratic processes, depending on the type of ownership" (crucial distinction between outright and mortgaged homeownership)
journals.sagepub.com/doi/full/10....

House Prices and Misallocation: The Impact of the Collateral Channel on Productivity Abstract. This paper investigates the impact of local house price booms on capital misallocation within industries. Using the geographical variation provid

House prices and misallocation: "firms exposed to positive local house price shocks received more bank credit and their investment grew more when they had a higher proportion of real estate assets." Disperses K/L within industries, accounts for 40% of TFP↓ academic.oup.com/ej/article-a... #econsky

Milei Admires Ireland for an Economic Statistic the Irish Don’t Favor President Javier Milei aspires to reform Argentina’s economy in the way Ireland turned around its fortunes over the past three decades. The Irish see more nuance to their own story.

An Austro-libertarian trying to measure economic development using GDP per capita, it doesn’t get more stereotypical than this

www.bloomberg.com/news/article...

Sorry por lo odioso pero no tendría q haber sido “up to the…”?

New article accepted at CPS. @denis-cohen.bsky.social @thmskrr.bsky.social and I analyze how rental market risk affects radical right support. Combining data on local rent increases with the SOEP, we find that individuals facing increasing local rents become more likely to support the AfD. 🧵

📈 Your house has outvalued you this century.

Since the turn of the century, house prices have more than tripled, while individual employee earnings have only doubled.

Is wealth the new work? Find out here: http://www.ippr.org/

El oficialismo dejó que el partido regionalista verde eligiera a Navarro como candidato en Bio Bio como evidencia de lo poco que le importa la zona.

Pero discrepo q relación sea tan directa,el cargo es diferente,1 con gran autonomía y otro muy limitado,en 1 el votante sabe mucho más de sus atribuciones q del otro.Si fuese tan directa, Orrego estaría en el top3 de presidenciables,dada toda la expo mediática en RM y 1/3 de pob nacional eligiéndolo

‘A story written in blood’: hopes for justice fade for victims of Chile’s police brutality Five years after mass protest movement, thousands of victims are trapped between hopelessness and impunity On a recent afternoon in Santiago, several thousand people gathered to mark the fifth anniversary of the vast protest movement which rocked Chile…

‘A story written in blood’: hopes for justice fade for victims of Chile’s police brutality

Muy interesante tu JMP, felicitaciones!

Female content creators on YouTube received significantly more negative feedback for comparable content.

But the removal of public display of dislikes eliminated this gender gap and persistently increased female creator productivity and consumer demand.

sites.google.com/view/maritaf...