Jakob Schneebacher

What does consulting do? Lots of strongly held views, very limited data to answer the question.

In new ‪‪NBER paper, Gert Bijnens, @schoefer.bsky.social and I shed light on this question using the first economy-wide data on consulting relationships (based on VAT-based B2B data).

More info👇

Our paper "Learning When to Quit" is finally in print. A journey it was. The project/paper is almost as old as my kids combined.. #EconSky

Call for papers, 4th UK Workshop on Digital Economics, London 28 November 2025: competitionpolicy.ac.uk/events/4th-w... This is always a great event

Very cool and topical call for papers at Management Science:

“Business and Its Interrelationship with Democratic Resilience, Geopolitics, and Society in a Time of Change.”

October 1, 2025 deadline for 5-page detailed paper proposals.

pubsonline.informs.org/doi/full/10....

How Much Harm Can Wage-Fixing Cartels Do? - ProMarket In new research, Axel Gottfries and Gregor Jarosch develop a model to understand how wage-fixing cartels operate and show how to gauge the harm they cause to workers.

NEW: In new research, Axel Gottfries and Gregor Jarosch develop a model to understand how wage-fixing cartels operate and show how to gauge the harm they cause to workers.

www.promarket.org/2025/07/21/h...

The UK’s new industrial strategy: what can we learn from past policies? - Economics Observatory A new report from the Competition and Markets Authority examines the record of industrial policies in the UK and across a range of comparator countries, their effectiveness in boosting productivity, a...

I occasionally write about our research for the Economics Observatory, including about our recent report on industrial policies, published in the lead-up to the government's white paper.

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Microeconomics Unit research The Competition and Markets Authority’s (CMA) research into competition, innovation, productivity and growth.

Very interesting post, thanks.

On the model of HMT's former Productivity Unit, you might be interested in the work of our CMA Microeconomics Unit, which regularly produces timely research to help inform government policy on productivity, competition and innovation.

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🚨 New Paper Alert! 🚨
I'm excited to share my latest research, “Building Capacity in the Public Administration” (with @annagumpert.bsky.social ). We examine a key tool for building administrative capacity: seconding officials from high-capacity to low-capacity public administrations.

The Economics of Bicycles for the Mind. Working paper with @joshgans.bsky.social and Ajay Agrawal. A bicycle amplifies human locomotion. Computers & AI amplify human intelligence. We model cognitive tools, showing when they affect productivity, inequality, & teams. www.nber.org/papers/w34034

🚨Free data alert!! 🚨 Please share.

Large new dataset of Amazon product reviews, including full text and photos and product characteristics, with individual *reviews labeled as fake reviews*.

I believe this is the first publicly available data of this kind.

github.com/bretthollenb...

🤫Trade secrets are a widely used but understudied form of intellectual property. Our forthcoming Management Science paper investigates trade secret use at the project level & provides evidence that firms respond to trade secret legal protection by increasing use of secrets. lnkd.in/dJVScxJxhttp...

🚨New Working Paper🚨

"Common Ownership Around the World"📈🌍

We analyze common ownership in 49 countries from 2005 to 2019 and show that it is widespread and rising globally.

Post-buyout employment and wage dynamics are consistent with professional investors providing incentives to increase productivity and monitor the companies in which they invest, from Kyle Herkenhoff, Josh Lerner, Gordon Phillips, Francisca Rebelo, Benjamin Sampson https://www.nber.org/papers/w33942

My colleague Nan Li and I contributed a chapter on services trade. We ask: is there evidence that geopolitical alignments are reshaping bilateral trade in services? (In IMF parlance: is there “geoeconomic fragmentation” in services?)

Graphic says: Job opportunity: Postdoctoral Research Associate

📢 We're hiring!

Join ESCoE @kingsbschool.bsky.social @kingscollegelondon.bsky.social as a Postdoctoral Research Associate.

Find out more and apply: escoe.ac.uk/opportunitie...

#Hiring #Research

Eighteenth Annual Microeconomics Conference The Federal Trade Commission's Bureau of Economics and the Tobin Center for Economic Policy at Yale University will host the 18th Annual FTC Microeconomics Conference on November 13 and 14, 2025 in

Reminder that today is the deadline for submissions to the always excellent FTC Microeconomics conference:

www.ftc.gov/news-events/...

Join the CMA's econometrics team and work with my super-smart colleagues @alcrawfs.bsky.social and @ivan-olszak.bsky.social on demand estimation, merger simulations and event studies in CMA merger cases and market studies.

Ideal for recent quant MSc graduates or PhD students.

Great to see MHCLG have highlighted our local authority housebuilding data in their Housing Supply statistical release today.

We digitised government records back to 1946 to analyse patterns of housebuilding by private and public sector.

See the data👇
buff.ly/jWeuINx

Interesting metascience experiment: a pop-up journal!

Read @mattsclancy.bsky.social's thread for details and how to apply.

AI and Social Media: A Political Economy Perspective Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

AI + social media = polarization machine 🧠📱

Recommender systems trap users in echo chambers and ad-based platforms profit from partisan division.
www.nber.org/papers/w33892

I worked in government statistics for some years, including a spell in ONS, and there are a few things to say here.

How does market power in supply chains affect prices, quantities and consumer outcomes?

Flavio Toxvaerd, Mike Walker and I summarise lessons from our recent @ukri.org-CMA workshop.

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PS: This workshop was part of Flavio's UKRI policy fellowship with us. Applications for the next round are now open.

Some of my MU colleagues are working on brand new empirical evidence on market power in supply chains for the UK. Stay tuned!

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How does market power in supply chains affect prices, quantities and consumer outcomes?

Flavio Toxvaerd, Mike Walker and I summarise lessons from our recent @ukri.org-CMA workshop.

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Interesting article from ESCoE Research Associate @jschneebacher.bsky.social alongside Flavio Toxvaerd and Mike Walker.

Catch up on the ESCoE webinar on this topic: tinyurl.com/bdcrk98b

We are hiring a #postdoc in international economics and/or economic policy at @dice.hhu.de to start in October.

NEW on the Economics Observatory – What are the consequences of market power in supply chains?
By @jschneebacher.bsky.social‬, Flavio Toxvaerd, & Mike Walker
buff.ly/BpNEE6W

What are the consequences of market power in supply chains? - Economics Observatory Policy-makers understand that when firms have market power over the goods and services that they sell, consumers suffer. The consequences of market power in supply chains are less clear, but they…

JUST PUBLISHED – What are the consequences of market power in supply chains?
By @jschneebacher.bsky.social‬, Flavio Toxvaerd, & Mike Walker

🚨 New working paper 🚨

In large cities, wages are higher. But so are inequalities. In fact, low-wage workers earn lower real earnings there.

Why? What drives spatial wage disparities? Why some workers work at lower real wages in large cities?