Lida Smitkova

Post-doc at @OxfordEconDept. Interested in international macro & trade.

[Lida Smitkova @LidaSmitkova]

@TradeDiversion Lidia Smitkova (Oxford) - Export Subsidies as Industrial Policy: the Case of the 19th Century Sugar Industry - https://t.co/PhryTywHNH

[Lida Smitkova @LidaSmitkova]

@ALashkaripour @InaSimonovska https://t.co/o42DtfKx4V your team & Itshoki practicing just-in-time econ :)

[Oleg Itskhoki @itskhoki]

What tariff policy closes a long-run trade deficit? As it turns out, this is an ill-posed question, as we explain in this note. (1/n)

https://t.co/0apDD7E7qu

[Lida Smitkova @LidaSmitkova]

@ALashkaripour @InaSimonovska But my main point is, T=0 creates a very misleading picture of what tariffs could do for deficits. I am guessing model returns higher v for US than others, so under trade RoW transfer more to US than they receive? can v's be disciplined in some way?

[Lida Smitkova @LidaSmitkova]

@ALashkaripour @InaSimonovska In intl macro, steady state T's are due to heterogeneous asset markets (contracting institutions, risk profiles, etc). tariffs are unlikely to be a primary driver of these. outside of SS, tariffs might matter due to changes in growth rates, but likely not quantitatively important

[Jakob Schneebacher @j_schneebacher]

Want to do a funded, joint @OxfordEconDept-@CMAgovUK PhD on market power?

@howardwsmith and the CMA Microeconomics Unit are looking for promising candidates interested in working on "Beyond markups: understanding changes to competition, concentration, and market power".

1/2

[Alena Wabitsch @lw_alena]

🚀 I'm on the job market this year! 🚀

Excited to share my JMP: "The Messenger Matters"

Does it matter who communicates policies to the public? Yes! The messenger impacts both the reach and influence of communication.

Using big data, an experiment, and theory, I show how. 🧵👇

[Lida Smitkova @LidaSmitkova]

@j_amesmarriott @AaronBastani whatsapp support got discontinued this June for Nokia 6300 4g. it will continue operating until jan 25 but not afterwards

[Björn Brey @BreyBjorn]

👿Job Market Paper👿

"The consequences of a trade collapse: Economics and politics in Weimar Germany" (https://t.co/M6SCbwFKBe)

Ever wondered whether the Great Depression's trade collapse radicalized Germans to vote for Hitler?

Spoiler: Internal trade linkages matter!

[Alexander Haas @ahaas_econ]

Hello! As you can tell I’m on the market this year! If you‘re interested, have a look at my website for my job market paper & further research: https://t.co/9JaSMdjiuU - thanks!

[Lida Smitkova @LidaSmitkova]

@pereulkov Привет! А есть эти картины в высоком разрешении?

[European Central Bank Research @ECB_Research]

#YoungEconomistPrize finalists: Alba Patozi looks at the green transmission of monetary policy. Her research shows that, in response to a shock to monetary policy, green firms are significantly less impacted than their ‘brown’ counterparts. Read more at https://t.co/PJLtGVbpuo

[Lida Smitkova @LidaSmitkova]

@MeredithCrowle1 Big congrats Meredith so very well deserved!!

[Department of Economics, Oxford @OxfordEconDept]

@StHughsCollege is hiring for a Stipendiary Lecturership in #Macroeconomics from 1st Oct 2023.

This is a 2-year fixed-term position that may be suitable for someone who has recently completed or will shortly submit a PhD or DPhil: https://t.co/UBaYkII8Tv

[Lida Smitkova @LidaSmitkova]

@borusyak @AreBerkeley @berkeleyecon @EconUCL Congrats!!

[Lida Smitkova @LidaSmitkova]

@straightedge @rooseveltinst Congrats! 🎉🎉

[Lida Smitkova @LidaSmitkova]

To sum up: trade is important to think beyond the standard hump-shaped story in two ways. First, to understand why individual countries deviate from the textbook pattern, and second, to open the black box of `aggregate manufacturing’. Thank you for the read!

[Lida Smitkova @LidaSmitkova]

Halo world! A new* working paper is out on structural change in an open economy! A thread with a summary, any feedback/thoughts much appreciated!

*not new, been in the works for cc a century.

[CEPR @cepr_org]

Beyond price and income effects, how does #trade openness shape sectoral balance? Lidia Smitkova @Cambridge_Uni finds that changes in #manufacturing value added shares across a range of countries
https://t.co/VBVOQMDvaq #STEGWorkingPapers #EconTwitter @FCDOResearch

[Lida Smitkova @LidaSmitkova]

Second, unsurprisingly, trade specialization is important for thinking about the composition of manufacturing sector. Applying to 11 sub-sectors of manufacturing, I find that half of the dynamics in high-tech sub-sectors in particular is due to these open economy forces.