How Tariffs Affect Trade Deficits...
... a new paper with amazing trade economist Arnaud Costinot.
Many politicians and the general public expect tariffs to reduce imports lower imports and thus work to close a trade deficit.
Economists typically say "not so fast"...
🧵1/n
🚨📢I am on the academic job market this year!
In my JMP, I study empirically and in theory how labor market shocks to the working-age population spill over to older households via the housing market.
Check out my website
https://t.co/Ko7hkN57FS
🧵and my JMP thread below:
Matthew Schwartzman's JMP studies how modern service firms contribute to growth in developing countries. Growth is driven by the labor productivity gap between modern & traditional services, and is amplified by income effects on consumer demand.
Website: https://t.co/f9Mbs6iiLL
Stephan Waizmann's job market paper studies how AI affects firm-consumer dynamics. He shows that opaque algorithms yield higher profits than transparent ones and may be better for consumer surplus as well.
Details: https://t.co/OYjJfiWU9s
Matthew Schwartzman (@SchwartzmanEcon): “From Street Markets to Shopping Malls: The Transformation of the Service Sector”
Website: https://t.co/nAzGhCld8A
We’re excited to introduce the @Yale Department of Economics 2024-25 Job Market Candidates!
Learn more about the candidates and their research here: https://t.co/dOjlJtkEUV
💬 Claudio Ferraz @claudferraz, profesor de economía asociado a la @JPAL, destacó que el #INCO2024 genera gran cantidad de información para la sociedad, no solo sobre la corrupción, sino de otras irregularidades que ocurren en el sector público.
🥂 CONGRATULATIONS to the @Yale class of 2024!
Meet a diverse group of students passionate about international development graduating now – including @YaleEconomics PhDs, IDE masters students, and @YaleEGC's postgraduate associates & interns:
https://t.co/Dh7ycssnDo
What a journey at Yale! While I am very happy about the next steps, it feels nostalgic to leave behind the amazing family I made during my graduate program. Thank you, all my fellow graduate students, professors, and friends from the administration, for the amazing experience.
"This is what we owe..."
Esther Duflo of @JPAL@MITEcon@MIT at #YCEEG23 argues the world must commit now to a mechanism to raise money for a fund (like #LossAndDamage) exclusively destined for low-income countries.
She also estimates the amount.
https://t.co/bjpviaFZcO