Rocío Madera

rroh-THEE-oh/rroh-SEE-oh | Econ AP @SMU | @UMNews, @CEMFInews, and @uc3m alumna | Research on (income, consumption) ⊗ (heterogeneity, dynamics) & labor, mostly

[Rocío Madera @elpuntoderocio]

🎉 Your favorite call for papers is back! Submit your papers to the @bse_barcelona Summer Forum workshop on Income Dynamics and the Family by February 28!

📍 June 17–18 | Casa Convalescència
👉 https://t.co/ZPVXZekhff

Looking forward to seeing you in Barcelona! @hanna_wang_

[SMU Economics @SMUEconDept]

📢New Professor at SMU

We are thrilled to announce that Fabien Postel-Vinay @fpvinay is joining @SMU as a Full Professor of Economics in the Fall.

📈Fabien is a distinguished researcher with seminal contributions, particularly in labor macroeconomics.

Welcome to Dallas!

[SMU Economics @SMUEconDept]

📢New Hire at SMU Economics

We are thrilled to announce that Ana Maria Santacreu @AmSantacreu will join our department in Fall 2026 as an Associate Professor.

She is a distinguished macroeconomist with contributions to innovation, trade, and growth.

Welcome to SMU!🤠

[Rocío Madera @elpuntoderocio]

The program for the 8th edition of the @bse_barcelona Summer Forum Workshop on Income Dynamics and the Family is live! 👇

https://t.co/dsaSDH4pqj

CC: Chris Busch, Fabian Kindermann, and @hanna_wang_

See you in Barcelona!

[Rocío Madera @elpuntoderocio]

Congratulations, Dr. @RylieLiang !

Can’t wait to keep learning from you about the intergenerational transmission of wealth and culture.

@OmerOzakEcon @SposiMichael @emgeconomics @SMUEconDept

[SMU Economics @SMUEconDept]

📢 Open Senior Faculty Positions

The SMU Economics Department invites applications for Associate and Full Professor positions.

Come join us at a booming university and city.

🔗Link to the ad: https://t.co/UDWPEZDcnY

[Rocío Madera @elpuntoderocio]

Last chance!!

[Rocío Madera @elpuntoderocio]

🎉 Your favorite call for papers is back! Submit your papers to the @bse_barcelona Summer Forum workshop on Income Dynamics and the Family by February 28!

📍 June 17–18 | Casa Convalescència
👉 https://t.co/ZPVXZekhff

Looking forward to seeing you in Barcelona! @hanna_wang_

[Brian Albrecht @BrianCAlbrecht]

Populists across the spectrum, left and right, hate economists. I joked its some puzzle but I think there's a simple reason. It's not about liking capitalism or something.

And the disagreement is almost always about how to reason about problems, not about values.

Populists want solutions. Economists offer trade-offs. I'm not the first to point this out but its a huge distinction.

A carbon tax doesn't solve climate change. It prices carbon so people make better decisions at the margin. To the populist, that sounds like accepting the problem.

Same with manufacturing. A tariff doesn't create jobs. It shifts them, from the millions of workers in industries that buy steel to the 160,000 who make it. To the populist, "protect American workers" sounds like a solution. To the economist, the question is: which American workers?

We can go down the list. Rent control intends to help renters. It produces housing shortages. The populist sees the economist opposing rent control and concludes: you don't care about poor people.

As Sowell put it: "The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics."

I think, not surprising, the economists are right.

It's more than just two different approaches. Thinking in trade-offs forces you to trace each step: who actually bears the cost of a tariff, what happens to housing supply when you cap rents, how a carbon tax changes behavior at every margin.

You can't skip ahead to the answer. You have to follow the chain. This is why economists spend careers doing exactly this and still argue about the answers. That's what it looks like when you take the problems seriously.

The populist skips all of this based on some intuition pump. Think of the person on a group project who's so confident in the answer that they never bother learning the material. That's populist economic reasoning from inside the discipline. The confidence comes from not having looked at the trade-offs closely enough to see how hard they are.

Stewart is the populist left. Oren Cass is the populist right, and he's more dangerous because he sounds like an economist, and plays one on TV, without putting in the work of thinking about trade-offs.

[Rocío Madera @elpuntoderocio]

@Ele_Pellegrini @UvA_Amsterdam Amazing, Elena! Congratulations 🥳

[CEPR @cepr_org]

New CEPR Discussion Paper - DP21129
The Insurance Value of Public Insurance Against Idiosyncratic Income Risk
Christopher Busch @LMU_Muenchen @ECONMunich, Rocío Madera @SMU
https://t.co/IhLAM0bNGZ
#CEPR_MG #EconTwitter

[André Victor Doherty Luduvice @avdluduvice]

The Midwest Macro Meeting at the @ClevelandFed kicks off tomorrow!

Looking forward to two days of great macro research here in the Land.

Check out the full program: https://t.co/Mfw8aMM0iw

A true team effort by the organizers and program committee at @ClevFedResearch.

[Rocío Madera @elpuntoderocio]

You can find the current accepted version in working paper form here https://t.co/lkB1aqTtiL. We look forward to sharing the final published version once available!

[Rocío Madera @elpuntoderocio]

We are thrilled to share that our paper "Self‑Employment Promotion as Active Labor Market Policy: Design and Trade‑Offs in Rigid Labor Markets", joint with Joaquín García-Cabo and @zoe_xie1, has been accepted for publication in Economics Letters 🎉.

[Rocío Madera @elpuntoderocio]

Our work offers new insights for the design of active labor market policies in economies characterized by generous passive policies and structural rigidity.

[Rocío Madera @elpuntoderocio]

@MartaCota14 opening the floor — the 7th edition of the IDY #BSEForum workshop is officially on!

Check out the final version of the program:
https://t.co/jR62dtHVSs