Pietro Geuna

PhD candidate @PSEInfo | labor (and a bit of 'metrics) | visiting @EconUCL @berkeleyecon | into chess, history, and self-deprecation

[Julian Bruns @BrunsJulian1541]

@lacker

[Pietro Geuna @plgf_econ]

and are now drinking some wine and playing cards. here’s my partial equilibrium-hating old man

[Pietro Geuna @plgf_econ]

back at home after one full year of research visits, i’m going through some stuff that I left at my parents’ place. today i found this cap. last academic year, i TA’d in micrometrics, and i must have insisted on one particular assumption…

[Pietro Geuna @plgf_econ]

i tried explaining, and he was like “surely this must never hold! of course my reaction depends on others’ treatment assignment, we’re social animals”. which i find is a very annoying version of the “econ is too simplistic” take. anyway, we agreed to disagree,

[chess24 @chess24com]

Arkady Dvorkovich has stepped down as FIDE President after being added to the EU Sanctions List — Vishy Anand will take over as FIDE President for now!

[Simon Mongey @Simon_Mongey]

🚨New paper with David, Kyle and Jaehun Jeong, who is an excellent PhD student at Duke. We've been working on this one for a while, and its great to finally have it out in the wild. Happy to hear any & all comments!
https://t.co/TFgCdaxt9l

[Pietro Geuna @plgf_econ]

This is actually so good I am mad I didn’t read it before

[Maximilian Kasy @maxkasy]

Reading rec:
"Political Aspects of Full Employment"
Intriguing 1943 essay by Michał Kalecki
https://t.co/pDWTS5h6DH

Reasons of business opposition to full employment: It would
1/2

[Jeffrey Wooldridge @jmwooldridge]

My problem with "IV model" is similar to "OLS model" -- beyond that OLS and IV are estimation methods. In an IV setting with treatment W, IV Z, and covariates X, one can imagine three equations (or models) one might estimate:

(1) Y = a + b*W + X*c + U [IVs = (1,Z,X)]

[Pietro Geuna @plgf_econ]

@anup_malani Just a curiosity: any reason to express these values as log differences, and not ratios? I find “around 4” a lot more intuitive than a log difference of 1.45

[Jonathan Roth @jondr44]

A few thoughts on this interesting new minimum wage paper by @NeumarkEcon and @4ntonioR renalyzing the QJE paper by @arindube-@attilalindner-@benzipperer, which relates to one of my favorite topics: event-studies and parallel trends! 1/

[Pietro Geuna @plgf_econ]

@Contrepoints @EricLarch tout cela n'est pas mentionné dans votre article. vous pouvez trouver le rapport complet sur le site du WIL :)

[Pietro Geuna @plgf_econ]

@Contrepoints @EricLarch bonjour, je ne pense pas que vous avez lu le rapport en entier, 5000 euros/mois étant un objectif de convergence, pas un transfer comme vous suggerez. les taux d'impots dont vous parlez s'appliqueraient au-dela de seuils qui concernent une fraction minuscule de la population -

[Khoa Vu @KhoaVuUmn]

"AI slop writing is so dry and has no soul" - Econometrician.

[María Montoya Aguirre @algunamariaa]

This is my JMP! Stay tuned for the public draft in the next months

[Jon Steinsson @JonSteinsson]

Technical change often simplifies the tasks performed by labor. This raises productivity. But it can also erode the bargaining power of workers.

My new paper “The Commoditization of Labor” (with Fukui and Nakamura) is about this.

Some thoughts. (Link below) 1/

[Pietro Geuna @plgf_econ]

but if anyone is interested pls read this post and read Going Infinite

[Pietro Geuna @plgf_econ]

https://t.co/YHWm00uBKs 25 years for a nonviolent crime is mental even if the crime was proved beyond any reasonable doubt. If you add that this crime is virtually victimless, and it also probably didn’t happen, this story becomes even crazier.

[Pietro Geuna @plgf_econ]

His mother is absolutely heartbreaking. Plus, as a complete outsider, I can’t understand the rationale of a criminal justice system where a DA’s success is tied to convictions…. Surely the incentives are all wrong? Anyways, I know it’s a weird hill to die on,