Indications are that the economics PhD job market will be a difficult one this year. Below is one indication, which shows number of job openings by week.
The exact same thing happened when I went on the job market years ago: I sent out 150 applications...and got 1 interview!
Back then I wondered about the implications. So, what did I do? I wrote a paper about it! The study can be found here: https://t.co/nznykWWCaD
Both the demand and supply sides responded in an interesting manner. I wonder if the same is happening today?
Latin America’s slow growth, the weakest in the developing world, reflects a structural economic crisis. Growth since market reforms (1990-2024) has been less than half of what the region experienced between 1950 and 1980, and crises have been more frequent, including a second lost decade between 2014 and 2024. The current international context is also fraught with uncertainty. It is therefore essential to launch a new development strategy with several elements: strong production sector policies, a significant increase in investment in research and development, promoting regional integration, and ambitious social policies. Read my full analysis in: https://t.co/MA4Tc0UTw3
I’ve started an ongoing project to collect all the datasets which economists can use, all in one place, organized by topic. Started with 50, further suggestions are extremely welcome. It will grow considerably.
I just spoke with the Crown Prince of Saudi Arabia. Together, we will co-chair the Conference on the Two-State Solution in New York on September 22.
The American decision not to grant visas to Palestinian officials is unacceptable. We call for this measure to be reversed and for Palestinian representation to be ensured in accordance with the Host Country Agreement.
Our objective is clear: to rally the broadest possible international support for the Two-State Solution—the only way to meet the legitimate aspirations of both Israelis and Palestinians.
This will require the implementation of a permanent ceasefire, the release of all hostages, the large-scale delivery of humanitarian aid to the people of Gaza, and the deployment of a stabilization mission in Gaza.
We are also working to ensure that, the day after, Hamas is disarmed and excluded from any governance of Gaza, that the Palestinian Authority is reformed and strengthened, and that the Gaza Strip is fully reconstructed.
No offensive, annexation attempt, or forced displacement of populations will derail the momentum we have created with the Crown Prince—momentum that many partners have already joined.
See you in New York on September 22. Together, let us make this Conference on the Two-State Solution a decisive turning point for peace and security for all in the region.
.@marly_tati, @vtitl, and @FredoSchotanus of Utrecht University examine the impact of changes in discretionary thresholds in the Czech Republic in 2012 and 2016 on discretion misuse and market competition.
#PoliticalFavoritism#Procurement
⬇️OPEN ACCESS⬇️
https://t.co/Ety2BvBo0K
4/ Analysis on firms' productivity suggests that politically connected firms are as productive as nonconnected firms. Thus, bureaucrats might use discretion as a screening tool to identify productive, reliable suppliers, reducing information asymmetry and transaction costs
🇲🇽 Mexican employees on average work more than their counterparts in almost every other OECD country.
Does this hard work translate to higher wages? No it does not.
Join our newsletter to find out more and get access to all our data stories: https://t.co/bOBdelNOwC
Academics from poorer socio-economic backgrounds are more likely to
- not publish
- have outstanding publication records
- introduce more novel scientific concepts
- less likely to receive recognition, as measured by citations, Nobel Prize nominations, and awards.
📢New Journal Article | Discretion and Political Favoritism: Evidence from Two Reforms in Public Procurement.
Does limiting bureaucratic discretion in public procurement drive efficiency?
Read our new study by @marly_tati, @vtitl & @FredoSchotanus to find out more.
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I'm always excited to share this type of news, but this one is especially meaningful to me.
This was my JMP—I loved it, hated it, loved it again, and now it's published in the JEH. This baby's no longer just mine; it’s yours now.
I hope you enjoy it!
https://t.co/RZ0r2JZLsl
If there was a Nobel Prize for advising, Daron Acemoglu would likely win that too. In 2018, @dongheejo68 and I mapped out his past advisees. 117 since 1994, or roughly 5 per year (~1/4 of a typical cohort!) [1/2]