Super cool new paper by my (brilliant) friend @jdikatz.
People reacted much differently to liquidity from the CARES Act student loan pause vs direct stimulus. This changes how we should think about, for example, the effects of the pause on inflation
https://t.co/RpKr1I8YZA
@tuchardonnay @joel_bkr@jburnmurdoch@sophgaston @kartikvira ... or if the question didn’t prime people to think of government dishonesty, and instead asked whether the government accurately represented impact of immigration
Migrants from Nigeria earn, on average, 16 times more in the US compared to their age- and education-equivalent peers in Nigeria. And so on for other countries w/the median being around 4.5 times.
Great paper by @m_clem, Montenegro, Pritchett
https://t.co/24ySmDOMYE
My paper on airlines and common ownership with Isabel Tecu and @martincschmalz is now published (including replication package): https://t.co/LPauSYhlhr @JofFinance
Interesting paper that treats location as an asset that people sell by moving to cheaper places with fewer opportunities. So falling US internal migration means rising wealth inequality as people with no financial assets stop buying location assets https://t.co/08a2NuMf8V
The Benefit of Having the Same Name as a Police Officer
Great working w/ @CassSunstein@tannerhicks42 on @nytimes piece that used speeding tix data to show that prob of getting a ‘mercy ticket’ increases if u have same name as officer that pulls u over
https://t.co/ouwbl56rRR
In 1979, between 11 percent and 18 percent of firms were new in any given industry; by 2014 only 4 percent to 9 percent were. What that means for the U.S. economy: https://t.co/OkIDPr2Yzi