@dominicsmith.bsky.social
Economist. Retail sector and inflation. Current and Past Affiliations BLS, University of Minnesota, Collegio Carlo Alberto, and CWRU. Enjoy cooking and cycling. He/Him http://Dominic-smith.com
The 2026 Barkley Marathons is over. There are no finishers. #BM100
Do you have toe covers? They make the experience much more tolerable. a.co/d/7n7KZqN
The opportunity cost of having money tied up in the building never goes away and you need to ensure it isn’t profitable to tear the old building down and build a new one. I’m not sure how big those expenses are relative to operating costs, but I’d guess the later would bind in some cases.
The Federal Trade Commission is hiring PhD Economists (very late, because shutdown)!
Please repost/quote so JMCs can see.
- no experience: www.usajobs.gov/job/851497400
- some experience: www.usajobs.gov/job/851497300
- much experience: www.usajobs.gov/job/851496000
#Economics #EconSky
National Chains and Trends in Retail Productivity Dispersion: Dominic Smith; G. Jacob Blackwood; Michael D. Giandrea; Cheryl Grim; Jay Stewart; Zoltan Wolf
WSJ:
"Some will say this means U.S. should never admit such refugees, but the alternative is abandoning allies who assist USA in war to retribution of our enemies..How many will assist us if they believe there will be no exit for them if U.S. leaves"
www.wsj.com/opinion/the-...
E-bike plus trailer and I can transport 5 kids. Try doing that with your mid-sized SUV.
Postdoc at the Minnesota Population Center, @minnpop.bsky.social
Applications open now and being evaluated on a rolling basis. Pass on to demographers you know!
(This one requires folks to relocate to the Twin Cities, because it involves work in the restricted data center)
Attention IO job market candidates:
Sometimes speakers in the CMA's external economics seminar series have to cancel at relatively short notice. We would love for these slots to go to JMCs to present their job market paper.
Drop me a message if you are interested or share with those who might be.
I’ve been an Apple fanboy for 15 years and even I find this shameful and disgusting
NEW: In new research, @dominicsmith.bsky.social and @socampdi.bsky.social show that retail concentration has increased in most markets across the United States, with the expansion of large retail chains driving the trend toward a more concentrated retail landscape.
Tomorrow I will be finishing a 321 mile bike ride from Cleveland to Cincinnati to raise money for Gigi's Playhouse Cleveland in memory of my Aunt, Amy Jo Smith.
Amy died in March and Gigi’s Playhouse was her second home since they moved in nearby.
support.gigisplayhouse.org/gigifit-acce...
Next week I will be biking 321 miles from Cleveland to Cincinnati in memory of my Aunt Amy Jo. I am raising money for a nonprofit that supports people with Down Syndrome that was incredibly helpful to my Aunt. support.gigisplayhouse.org/gigifit-acce...
My attempt to defend the stroller division title for the #econ5k. Pushing 5 more pounds than last year, but she sang to me the entire run. We got some nice company on the cooldown.
Submit your papers to the 2025 @escoeorg.bsky.social conference!
Keynotes include @erikbryn.bsky.social, Carol Propper (Imperial) and Vipin Arora (BEA).
Attendance is free and the conference takes place on KCL's beautiful central London campus.
#EconSky
1/2
No one asked, but I'll share the PBS kids shows that I think made me a kinder and smarter person:
(Honorable mentions: Sesame Street and ZOOM)
bsky.app/profile/itsa...
We’re trying the 2yo on a trundle that pulls out from the 4yo’s bed. It’s 10 pm and I’m sending this while lying on their floor trying to get them to sleep so maybe not the best idea, but the 2yo has started refusing to sleep alone so we are desperate.
The best idea we have right now is to use the Pierce and Schott HS-NAICS as a backup way of identifying similar products.
Yes, I know this was a bad example because chapter 75 is nickel and articles thereof but it seems like some recent job market paper probably did this.
Has anyone created a similarity index for HS codes? For example nickel wire and nickel scrap are under different HS4s but a similarity score on description would say they are similar. #econsky
Me: What did you learn at school today?
3yo: We learned economics.
Me: What did you learn about economics?
3yo: We learned about capital.
Me: Huh?
3yo: We learned about capital A for Apple.
I guess he does pay attention when we read to him.
www.amazon.com/ABCs-Economi...
Dani Sandler and Marit Rehavi will be speaking next Wednesday via Zoom about career pathways of government economists and disparities in pay, and on how managers influence employees’ career paths and wage disparities in both the government and private sectors.
Is there any way to know if this could be due to consumers substituting to carry out instead of eat in? It seems like things like Toast have made carry out much less labor intensive since 2020 and maybe carry out accounts for more spending on fits away from home now?
I organized a session on "Youth" for #ASSA2024 through
@sgeecon.bsky.social. I am looking forward to the presentations on Sunday morning. My co-author Charlene Kalenkoski will be presenting our joint work on teen social interactions, time use, and well-being using #ATUS. See you there!
Consumer prices rose 0.1 percent in November, and were up 3.1 percent from a year earlier. Core prices, excluding food and energy, were up 0.3 percent month/month and 4.0 percent year/year. #NumbersDay
Data: www.bls.gov/news.release...
Full coverage: www.nytimes.com/live/2023/12...
I’d also accept any northeast Ohio content that you want to provide. Rate vendors at the West Side Market, favorite bridges over the Cuyahoga, etc.
I’m just here for your takes on extra innings.
I’ve been wondering this as well. I have a collection of data that would be convenient to have in an SQL db, but do I really want to be my own db admin?