Jan Eeckhout

All core instantaneous inflation measures rose in July; CPI nowcasted to rise in August #econsky @clevelandfed.bsky.social @janeeckhout.bsky.social
econbrowser.com/archives/202...

What Actually Counts as Interdisciplinary Research? A data-driven look at which funders support knowledge integration

Measuring how interdisciplinary research is, based on citations. Main insight: philanthropic and Chinese funders are most interdisciplinary

open.substack.com/pub/johnsonb...

Onion headline:

Undocumented aliens bussed to Army Parade celebrating President’s birthday to pad crowds

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🧵Thread 1/5 👇

For those not on the other platform on Google and DOJ's proposed remedies for Google's 3rd antitrust defeat (adtech). I threaded Friday's hearing but this full doc is nothing short of beautiful. Best stuff may be missed so hear me out. This is a huge deal - 10yrs, "lifeblood of the Internet." /1

Another killer acquisition… No more car sharing. Isn’t it poetic how they spin it?

Commission closes investigation into Apple's user choice obligations and issues preliminary findings on rules for alternative apps under the Digital Markets Act Following a constructive dialogue with Apple, the Commission has decided to close its investigation into Apple's user choice obligations under the Digital Markets Act (DMA).

Important competition news in the EU today. Interoperability to get more competitive digital markets:

“Apple should allow third party app stores on iOS and apps to be downloaded to the iPhone directly from the web. […] Apple failed to comply with this obligation”

ec.europa.eu/commission/p...

Instantaneous inflation down, but not as low as mid-2024 #econsky @janeeckhout.bsky.social
econbrowser.com/archives/202...

Observing the handling of paper slips on Amtrak (reissuing new slips if you go past NY!) tells me there is still a lot of room for technological progress

This is a position based in Barcelona

Full Time Research Collaborator Position at UPF Barcelona with Prof. Jan Eeckhout H2020-Adg-Market Power and Secular Macroeconomic Trends- 882499 is looking to hire a highly motivated research assistant for a pre-doctoralposition, based at Universitat Pompeu Fabra, Barcelona, Spain...

I am hiring a Junior Economics Researcher at UPF Barcelona. Please apply if you are interested macro, market power, labor

euraxess.ec.europa.eu/jobs/332002

#EconJobs #AcademicJobs #Economics #JobAlert

If Europe doubles defense spending now, it will get substantially less than double in defense goods and services. Prices have gone up. What matters for security is quantities, not expenditure

Happy 81st birthday to Brazilian mathematician Marilda Sotomayor! She has been a trailblazer in the area of game theory concerned with matching markets, which she started studying under David Gale in the 1980s, and subsequently brought back to Brazil.

#WomenInSTEM #WomensHistoryMonth 🧮

Instantaneous inflation measures (per @janeeckhout.bsky.social ) down #econsky
econbrowser.com/archives/202...

Crypto is for crime.
papers.ssrn.com/sol3/papers....

Pumpkin vs. lettuce, the beginning?... from the Economist!

Time to sell all my ETFs? 📉

The Value and Profits of Firms Abstract. The real growth of the stock market value of firms has increased from close to 0% on average per year between 1958 and 1980, to 5.2% between 1980

Forthcoming article by @janeeckhout.bsky.social "The Value and Profits of Firms" @eeanews.bsky.social

doi.org/10.1093/jeea...

Competition policy that sets market power to 1980s levels would lower the stock market by 45%. The remainder, due to accumulated retained earnings (35%) and a lower risk-free rate (20%), is unaffected.

Let’s hope for the Liz Truss lettuce solution:

The tariffs are so bad for the economy that the markets take care of it. The only issue is that an orange pumpkin 🎃 takes longer to decay than a lettuce 🥬

You mean like the tennis players FEderer and Federer are two different people?

Important new @princetonupress.bsky.social econ book!

The Data Economy: Tools and Applications by Isaac Baley and Laura Veldkamp

Tools from macroeconomics and finance to incorporate the central role that data plays in the economy.

@isaacbaley.bsky.social and @laura-veldkamp.bsky.social's The Data Economy is out now. Learn more: press.princeton.edu/books/hardco... #EconSky

New randomized, controlled trial by the World Bank of students using GPT-4 as a tutor in Nigeria. Six weeks of after-school AI tutoring = 2 years of typical learning gains, outperforming 80% of other educational interventions.

And it helped all students, especially girls who were initially behind.

wow. This AI lawsuit against Facebook keeps getting worse as they reluctantly unseal documents on Court orders. Check out this allegation. Not only two hrs before discovery cut-off but the Friday before we now know Mark Zuckerberg was deposed... more on that in a minute. /1

You get what you pay for Learning from The Wire

My Christmas post in Silicon Continent is about economics lessons from The Wire- with implications for green washing and AI benchmarks- as well as a bit of career advice for young readers. I hope you enjoy it!

www.siliconcontinent.com/p/you-get-wh...

Academics from poorer socio-economic backgrounds are more likely to
- not publish
- have outstanding publication records
- introduce more novel scientific concepts
- less likely to receive recognition, as measured by citations, Nobel Prize nominations, and awards.
www.nber.org/papers/w33289

Electric cars in Barcelona are now being charged every time subway trains 200 feet beneath them hit the brakes The city's innovative subway system allows for recycled energy to be redirected to specific local uses.

This is very neat.

It still boggles my mind that only 66 years separate these photos.

Headline: HITLER TAMED BY PRISON. BERLIN, Dec. 20 — Adolph Hitler, once the demi-god of the reactionary extremists, was released on parole from imprisonment at Fortress Landsberg, Bavaria, today and immediately left in an auto for Munich. He looked a much sadder and wiser man today than last Spring when he, with Ludendorff and other radical extremists, appeared before a Munich court charged with conspiracy to overthrow the Government. His behavior during imprisonment convinced the authorities that, like his political organization, known as the Volkischer, was no longer to be feared. It is believed he will retire to private life and return to Austria, the country of his birth.

100 years ago Saturday the NYT ran a story that did not hold up well at all.
www.nytimes.com/1924/12/21/a...