Congratulations to Ludwig! Extremely well deserved. Very happy for him and a testament to all his great coauthors. Here he is as a 3rd or 4th year student presenting in our macro student lunch at MIT.
new working paper with the amazing @SBenzell
automation experiments are everywhere these days; a popular test they run is to see whether output goes up more for high- or low-skill workers after receiving the automation tool, but...
We're hiring an assistant professor at @Wharton OID in information systems and operations management! Apply here by 11/1 to ensure full consideration: https://t.co/eqPKC5H73P
spread the word!
I am looking for a full-time predoc to work with me. If you consider doing a PhD and are interested public economics and macroeconomics, please take look at the job ad:
https://t.co/3ehmGB7U0v
#QJE Nov 2025, #14, “From Public Labs to Private Firms: Magnitude and Channels of Local R&D Spillovers,” by Bergeaud (@a_bergeaud), Guillouzouic, Henry, and Malgouyres (@MalgouyresClme1): https://t.co/64EgpUixCn
For those who don’t know, Bell Labs was not really a corporate research lab in the modern sense. It was funded by monopoly profits from AT&T as a sort of public good in return. In fact, patenting INCREASED overall once AT&T was broken up and Bell Labs started its decline.
Find capital regulation of banks confusing? Want to know a little more? Take a look at section 8.10 of my chapter on Money and Banking: https://t.co/uBrttIxJiT
📢New podcast on "What is Geoeconomics?" with @CathrinMohr based on our literature survey that is now forthcoming in the Annual Review of Economics. As usual, Tim and the CEPR team did a wonderful job. Thank you so much for the invitation! Long paper here: https://t.co/xOgX5Jmwt7
"The breakup indeed reduced patenting by the Bell Laboratories but not the number of important patents. Most importantly, the decrease in the number of Bell patents was more than compensated for by the increase in patenting of other companies" ~@Watzinger, @MonikaSchnitzer (2022)
Unser Beitrag in der @FAZ_Wirtschaft :
In den 🇺🇸 werden Wissenschaftlern die Mittel gekürzt. Das ist der richtige Moment, um
US-Spitzenforscher nach 🇩🇪 zu holen!
@arieldora & Martin Watzinger & ich in FAZ/Der Volkswirt: „Deutschlands Chance“
Why fund highly novel research? It can improve the evolution of knowledge by guiding future researchers. We propose a model in which researchers decide which questions to address and at what intensity to search for the answer based on existing knowledge. https://t.co/vO5xpt63XV
#Rente : Auf einer Skala von 1 bis 10 sehe ich den Handlungsbedarf bei der Rente bei 10.
👉 Exzellenter Beitrag im @ZDF: @jochenbreyer reist bis nach 🇯🇵, spricht mit den Wirtschaftsweisen & zeigt, wie Reformen das Rentensystem sichern könnten – aber Politik oft nicht handelt.
📢Just out: Geoeconomics is emerging as a major research field. With Cathrin Mohr, I reviewed the literature: What is Geoeconomics? Key questions and findings? What research is needed? Read our full survey here: https://t.co/66hhKmw08Y
Recently accepted by #QJE, “When Did Growth Begin? New Estimates of Productivity Growth in England from 1250 to 1870,” by Bouscasse, Nakamura, and Steinsson: https://t.co/4bm5y4cHgG