Deep breath.
I'm honored and excited to join the faculty of America's oldest research university, Johns Hopkins.
I'll start this summer as a full professor, one of the founding faculty at the brand-new School of Government and Policy.
We're building something unique & important, even historic.
1. Less skilled labor is abundant. 2. Skilled emigration is a brain drain. 3. Development substitutes for migration. 4. Migration substitutes for failing development, but doesn't cause development.
The International Monetary Fund asked me to review the literature on migration economics to draw lessons for low-income countries.
In a new @iza.org paper, I argue that policy for the 21st century must discard four outdated ideas.
www.iza.org/publications...
🧵 thread—>
Why did U.S.Consumer Sentiment Index fall as unemployment and inflation returned to normal 2023-24?
@umn-econ.bsky.social JMC Leonardo Barreto @leonardo-barreto.bsky.social builds dynamic general equilibrium model with rich consumer heterogeneity to answer the question.
www.leonardo-barreto.com
🚨 Postdoctoral opportunities! 🚨
Hello #econsky! We are hiring 2 postdocs in the department of economics at UCalgary for those working in *electricity economics*
Term: 2 years
Pay: $80,000/yr + benefits + $10k research allowance
Start: July 2026
Details in next two posts 👇
👋I'm on the #EconJobMarket!
❓My JMP, together with @dkaenzig.bsky.social, Lixing Wang and Donghai Zhang studies how green innovation varies over the business cycle.
💡We find that green innovation is countercyclical, while non-green innovation is procyclical.
🔗https://tinyurl.com/4b45h979
🧵👇
New at JIE: "Interest rate uncertainty as a policy tool?" by Fabio Ghironi, Galip Kemal Ozhan (@galipkemal.bsky.social)
doi.org/10.1016/j.ji...
🚨 New Research on Carbon Taxation in Emerging Economies 🚨
What happens when a large emerging economy introduces a carbon tax?
Our new paper studies South Africa—the first African country to implement a nationwide carbon tax
@unu-wider.bsky.social @nber.org
The Economics Nobel committee delivers a pretty clear rebuke to Trump's war on science and university research.
I'm delighted to announce the release of the Flagship Report of the Global Climate Policy Project at Harvard and MIT Working Group on Climate Coalitions on "Building a Climate Coalition: Aligning Carbon Pricing, Trade, and Development."
ceepr.link/3VmgC7g
A 🧵 on what we do/find:
🌳Join us on September 22nd to launch the LSE Green Skills Lab that will produce academic research on the labour market dynamics of the green and digital twin transition and the development and evaluation of industrial policy to achieve a Just Transition.
Very useful discussion on the perils of using micro/cross-sectional parameter estimates in inferring the aggregate effects of policies/shocks. This is pervasive in Economics, yet the two effects can even have the opposite signs. (Example in next post.) voxdev.org/topic/method...
Plz apply and share widely! Applications due Dec 1, GRE scores required. As a new program, we will be extremely invested in the success of our new arrivals. /n
The #WEFIDEV #webinar series is back this fall!
We are looking for *preliminary or early-stage work* in #Finance and #Development to be presented
We also aim to have a session devoted to job candidates in finance and development on the market this fall
Submit:
docs.google.com/forms/d/e/1F...
1/ 🌍🚨 Overcoming five key challenges to make the energy transition a just labor transition — now in @natcomms.nature.com. w/ @sharanburrow.bsky.social, @alanfinkshap.bsky.social, @ct-economics.bsky.social, @mauropucheta.bsky.social, @danielraimi.bsky.social, @terzibus.bsky.social + colleagues
If you are in Cambridge, don't miss out on this session including fascinating papers by @mickeygb.bsky.social
and @benmoll.bsky.social
🚨 Call for papers:
Environment week at LSE will be Sept 22-25th.
Submissions are due soon (July 14)!
www.lse-environment-week.com/environment-...
¡Es miércoles y hay nuevo episodio de Capital y Trabajo!
En esta ocasión, conversamos con @alvarolaparra.bsky.social sobre la economía de la esclavitud y su legado histórico, inspirados por la impactante y oscarizada "12 años de esclavitud".
🚨 NEW PAPER 🚨
In the largest multi-model study of U.S. decarbonization strategies to date, we explore technology and policy implications for reaching net-zero emissions using 14 energy-economic models. A thread of key takeaways in 10 charts...
@warren.senate.gov @markey.senate.gov
Forthcoming in AEJ: Macroeconomics: "Changing Business Cycles: The Role of Women’s Employment" by Stefania Albanesi. www.aeaweb.org/articles?id=...
Congratulations to @s-stantcheva.bsky.social on her well deserved Clark Medal!
Emerging markets with partially dollarised financial systems are particularly vulnerable to global financial cycles. This column examines how reserve requirements on foreign currency deposits can help mitigate credit booms induced by capital inflows. Focusing on Peru between 2008 and 2017, the authors combine microdata with a calibrated macro model to show that foreign currency reserve requirements reduce aggregate credit growth, with heterogeneous effects across banks depending on their exposure to foreign funding. These results underscore the value (and complexity) of macroprudential regulation in dollarised economies.
Foreign currency reserve requirements can be an effective tool to moderate aggregate credit growth in the face of capital inflows. In partially dollarised economies, asymmetries across banks make design of #macroprudential policy more complex.
E Andreasen, V Nuguer
cepr.org/voxeu/column...
#EconSky
@warren.senate.gov @edmarkey.bsky.social
🤩🤩 Paper finally out in the AER!
With my co-authors (incl. @bluebery-planterose.com & @s-stantcheva.bsky.social) we surveyed climate attitudes in 20 countries covering 72% of global emissions.
In brief, people want ambitious, global, and fair climate policies. A 🧵⬇️
www.aeaweb.org/articles?id=...
The University of Nottingham promoted me to associate professor!
This would have been impossible without fantastic coauthors, advisors, colleagues and the invaluable support from my family and friends.
THANK YOU!
🚨Incredible lineup at @nber.org conference this Thurs/Fri 3/20-21: **Energy Markets, Decarbonization, and Trade**
📑Agenda www.nber.org/conferences/...
🎥 Webstream www.youtube.com/nbervideos
Organized w Natalia Ramondo, supported by @sloanfoundation.bsky.social
@govmaurahealey.bsky.social