Evidence from Mexico shows that job loss and employment instability are more important drivers of credit card default among new borrowers, suggesting that social protection may be more effective than contract regulation in promoting financial stability.
"In a large RCT on a credit card in Mexico, cutting rates and raising minimums barely reduced default. Job loss—more disruptive to cash flow—had far greater impact."
New paper from Castellanos, @d_jimenez, @aprajitmahajan, Prous & @SeiraEnrique:
https://t.co/6p5gcZ0BkI
#REStud
Un buen trabajo de @d_jimenez y @SeiraEnrique, disponible aquí:
https://t.co/JfqKXLQ77E
y que los autores resumieron en este post en @nadaesgratis:
https://t.co/HEx5YGiVWz
Econ Pre-doc opportunity! we are looking for pre-docs to work in exciting projects involving courts, development banks, market power, civic education and others with coauthors at Notre Dame, Chicago, Stanford, ITAM, and others. Please apply here: https://t.co/ubWCXoW3aQ
Hi to those who are still on this social network. The micro group at the Chicago Fed received authorization to hire a labor economist 3+ years out of the market. We get plenty of research time and interesting policy work. If interested, apply! https://t.co/Y5HyPh1efE
The @ChicagoFed is hiring a research assistant for the microeconomics group. If you're passionate about economics and would love to work on research, apply now! https://t.co/d5wrrhxdGx @econ_ra
Time for some shameless self-promotion!
I have a new WP called "Partial Identification Under Iterated Strict Dominance (ISD)"
In it I propose an approach to set identification in games that is robust to multiple equilibria and non-equilibrium play.
Short thread. Please share! 1/5
Jonathan Levin, a distinguished economist and Stanford alumnus who has led the Stanford Graduate School of Business as dean for the last eight years, has been appointed the next president of Stanford University, the Board of Trustees announced today. https://t.co/5WExsT8cWh
@restatjournal @BhashMazumder Congrats, @BhashMazumder !
(I should knock on your door and tell you, given that you're one door down, but it's also nice to do it publicly!)
A study on how firms respond to privacy laws in the context of the European Union’s General Data Protection Regulation finds that EU firms decreased data storage by 26 percent relative to comparable US firms, from Demirer, @d_jimenez, Li, and Peng https://t.co/6JAGOE71UI
@MarianaBat @IWERC_research @latinopolicy Muchas felicidades! No me enteré de la conferencia y de haber sabido hubiera ido pero que cool que estuviste presentando acá :)
@muribec @mayara_pfs@jorgefloreza Hola Mateo. Revisamos la propuesta a más del doble por menos de medio tiempo. Nos ayudas a compartirla si crees que pueda haber alguien que sea buen fit? Mil gracias!