New paper by Blandhol, Bonney, Mogstad, and Torgovitsky:
www.restud.com/when-is-tsls...
#REStud
#EconSky
Posts by The Review of Economic Studies (REStud)
Want to know about the mechanisms by which a treatment affects an outcome? This paper develops tools for testing hypotheses about mechanisms under weak assumptions. Check it out!
New paper by Roth and Kwon:
www.restud.com/testing-mech...
#REStud
#EconSky
He shows that an adaptive sandbox with a zero marginal tax up to an evolving quantity cap is the uniquely robust and time-consistent policy, and that without robust regulation, worst-case outcomes can be arbitrarily poor.
dropbox.com/scl/fo/4hg5d...
21/21
In his JMP, he studies how uncertain technologies should be regulated when policymakers face limited information and cannot rely on strong assumptions about how firms learn or behave.
20/21
Andrew Koh is a PhD candidate in Economics at MIT.
He works on game theory and economic theory, across both applied and foundational questions, with applications to the economics of technology.
19/21
develops a test and decomposition method to correct this problem, and finds that the two-year U.S. cross-sectional fiscal multiplier falls from 1.5 to 1 once these effects are accounted for.
pauladonaldson.github.io/papers/Donal...
18/21
In her JMP, she studies when cross-sectional designs that exploit heterogeneous exposure to aggregate shocks can identify macroeconomic elasticities. She shows that these designs can be biased by general-equilibrium forces such as monetary policy,
17/21
Paula Donaldson is a PhD candidate in Economics at UC San Diego.
She is a macroeconomist whose work spans fiscal policy, monetary economics, and international economics.
16/21
showing that while zoning strongly constrains growth, the benefits of relaxing regulation emerge only slowly because redevelopment is costly and highly persistent.
vrollet.github.io/files/city_s...
15/21
In his JMP, he studies how zoning shapes redevelopment, construction, and affordability in cities, using New York City as a case study. He builds a parcel-level panel and estimates a dynamic spatial equilibrium model,
14/21
Vincent Rollet (@vincent-rollet.bsky.social) is a PhD candidate in Economics at MIT.
He works on questions in urban economics and political economy, using tools from international trade and empirical industrial organization.
13/21
Better developer payments to local governments could boost welfare by about $220 billion and speed progress toward net zero.
zanekashner.com/files/wind-p...
12/21
In his JMP, he shows how local approval rules make wind farms too hard to build: projects sacrifice more than $7 in engineering profit for every $1 in household costs.
11/21
Zane Kashner (@zkashner.bsky.social) is a PhD candidate in Economics at Stanford GSB.
He studies environmental and public economics, industrial organization, and urban economics.
10/21
In his JMP, he studies how uncertainty about problem difficulty shapes problem-solving strategies. He develops a dynamic model in which an agent solves a problem by brainstorming approaches of unknown quality and allocating a fixed effort budget across them.
drive.google.com/file/d/1FpMd...
9/21
Nicholas Wu is a PhD candidate in Economics at Yale University.
His research focuses on mechanism design and dynamic games.
8/21
In his JMP, he shows that standard spillover regressions can mislead. The paper shows how residualized proximity weights can recover causal spillover effects, deliver optimal-rate estimates, and support valid measures of uncertainty.
davidritzwoller.github.io/files/JMP_Ri...
7/21
David Ritzwoller (@dritzwoller.bsky.social) is a PhD candidate in Economics at the Stanford Graduate School of Business.
He studies econometric theory and causal inference.
6/21
Treatment First shows no lasting health gains, while Housing First also reduces costs by lowering long inpatient stays.
drive.google.com/file/d/1C0gv...
5/21
In her JMP, she uses a national sample of nearly 300,000 unhoused, mentally ill veterans to show that Housing First cuts 3-year mortality by 4.6 percentage points compared with no program.
4/21
Sydney Costantini is a PhD candidate in Economics at the University of California, Berkeley.
Her research focuses on public, labor, and political economics.
3/21
First, let us introduce the hosts:
The University of Nottingham (@uoneconomics.bsky.social) will host the Tourists from 18–19 May.
The University of Zurich (@econ.uzh.ch) will host the Tourists from 21–22 May.
Luiss University will host the Tourists from 25–26 May.
2/21
📢📢We now know the Tourists and Hosts for the 2026 REStud European Tour!📢📢
The REStud European Tour recognizes the most promising graduating doctoral students in economics and finance and introduces them and their research to audiences.
Let's Meet the Hosts and the Tourists in this thread!
1/21
This paper combines new data and a narrative approach to identify variation in political pressure on the Fed.
New paper by Drechsel:
www.restud.com/political-pr...
#EconSky
#REStud
The Confederate diaspora—small but powerful and ideologically intense—reshaped culture across the U.S. through influence, organizational mobilization, and political leverage.
New paper by Bazzi, Ferrara, Fiszbein, Pearson, and Testa:
www.restud.com/the-confeder...
#REStud
#EconSky
Why/how should multiple hypothesis testing be done differently in empirical work? We give an economic foundation trading off research costs and incentives with implications for empirical practice.
New paper by Viviano, Wüthrich, and Niehaus:
www.restud.com/a-model-of-m...
#REStud
#EconSky
Supply-side climate policies in the oil market: Higher taxes reduce exploration and discoveries. If only OECD countries adopt this policy, 47–73% is offset by non-OECD countries.
New paper by Ahlvik, Andersen, Hamang, & Harding:
www.restud.com/quantifying-...
#REStud
#EconSky
"We prove a CLT for strategic network formation with homophilous agents. This enables inference on statistics derived from a single large network. We discuss practical procedures."
New Paper by Leung & Moon:
www.restud.com/normal-appro...
#REStud
#EconSky
"A new theory on how regional shocks affect aggregate welfare—applied to US highway network improvements—unpacking how and why it deviates from the Fogel/Hulten characterization."
New paper by Miyauchi, Donald, & Fukui:
www.restud.com/unpacking-ag...
#REStud