Thank you, Tim, for sharing this, and for your continued support!
My #JMP shows that in economies distorted by taxes and subsidies, increasing R&D investment can unexpectedly reduce gains from trade.
Check out more on my website: https://t.co/fhuHbqjF0K
In what order should government of developing country do policy reforms?
UMN Econ JM candidate Simeng Zeng @zeng_simeng candidate argues that taxes and subsidies that distort firm structure in countries like China decrease or eliminate gains from trade.
https://t.co/dUPxJCDpNw
Juliana @julipuligamboa is a UMN JMC. Her JMP tackles a timeless question: how sovereigns should balance borrowing, public investment, and the trade-off between future growth and debt burden. And this is just one piece of her work—she has many interesting projects, check her out!
Should IMF limit foreign borrowing by governments of developing nations?
@UMN_Econ JMC Juliana Gamboa-Arbelaez @julipuligamboa argues any such restrictions need to depend on conditions in the country and how the government spends borrowed funds.
https://t.co/iVJ85CphNF
Scott is a JMC at UMN this year. His JMP shows how bad land institutions make droughts far more damaging, using rich Indian data and a structural model to reveal how rental barriers worsen misallocation. Check him out 👇
Why is agricultural productivity in India so low?
@UMN_Econ JMC Scott Sommers @scott_sommers56 argues weather shocks magnify land market restrictions as source of misallocation in agriculture. He uses micro data to build model of heterogeneous farmers.
https://t.co/GPr4FM1oJl
Teresa @mtbalestrini is a UMN JMC. Her JMP shows why institutions like the IMF are critical for global financial stability: in her model, fiscal conditionality imposed in IMF program raises credibility and delivers longer maturities, higher haircuts, and faster market reentry.
How does IMF intervention after sovereign default help debtor country?
@UMN_Econ JMC Teresa Balestrini @mtbalestrini evaluates differences post default for countries that restructure within IMF program versus those that directly negotiate with creditors.
https://t.co/tuDcjB22Pv
Joe @jbsteinberg is right: Large trade deficits U.S. has run since 1990s have gone hand in hand with foreigners investing here. One way for U.S. to eliminate trade deficits is to make foreigners afraid to invest here. Impact on the U.S. economy would be catastrophic.
Matthew Knies is the third former #Gophers player to complete an NHL hat trick in overtime.
Thomas Vanek did it for Buffalo on Feb. 20, 2008 in a 4-3 win over Tampa Bay and Neal Broten did it for the North Stars on Nov. 26, 1983 in a 7-6 win at Toronto.
Jimmy Snuggerud will be the 13th Gopher to skate for the St. Louis Blues.
Snuggerud is one of seven former #Gophers to make his NHL debut with St. Louis, joining Joe Micheletti, Randy Skarda, Craig Johnson, Johnny Pohl, Erik Johnson, and Cade Fairchild.
Interesting idea and calculations here. The paper says that a 3D perspective on trade that acknowledges dynamic and insurance benefits may more than double the benefits for some countries.
(Some people cling to the hope that the recent US trade stance is mainly 3-D chess for negotiation purposes.... a very different 3D perspective! )
Can’t express how proud I am of the Gophers and of being one. The boys gave it their all—truly, a great game. It’s shameful how the refs manipulated the game like that, extremely unfair and disgraceful. Hope this never happens to anyone again, and wish our seniors the very best❤️
Wow, I mean just awful. Luke Mittelstadt got murdered behind the goal on UMass's 2nd goal, Chesley absolutely hauled down on the rush that turned into the goal in OT for UMass.
This Minnesota team was much less than the sum of its parts this year, but that was a joke.
Check out the recording from last night's event: Taxes, Tariffs, and Trade: Economic Policy in the Once and Future Administration
https://t.co/J9wHCNLpeO
@UMN_Econ JMC Maurico Barbosa-Alves @ba_mauz builds a spatial macro trade model to reveal the interaction between climate change and infrastructure in shaping food prices and agricultural outcomes. Another rising star economist from Team Minnesota!
Why does Latin America suffer from high inflation, rampant informality, and low financial intermediation?
@UMN_Econ JMC Gabriel Devoto's @gaboto94
hypothesis: Government use of inflation as fiscal tool causes informality and low financial intermediation.
https://t.co/0nKsVYuWY1
@UMN_Econ JMC Gabriel Devoto @gaboto94 is on the market! His JMP explores the link between high inflation, informality, and aggregate capital.
I've known Gabriel for six years—he's a fantastic economist and an incredible person. Any department would be lucky to have him!
Why does Latin America suffer from high inflation, high informality, and low financial intermediation?
@UMN_Econ JMC Gabriel Devoto's @gaboto94 hypothesis: Government’s use of inflation as fiscal tool causes informality and low financial intermediation.
https://t.co/0nKsVYuWY1
Mauricio @ba_mauz is a JMC from UMN who explores the impact of climate change on food prices in Brazil, focusing on its effects on low-income households. He finds that trade frictions hinder adaptation, with infrastructure improvements as a key strategy. Check out the paper!
How will climate impact poor households in developing countries?
@UMN_Econ JMC Maurico Barbosa-Alves @ba_mauz constructs a model of Brazil in which high temps lower crop yields and agricultural incomes but poor road networks also increase food prices.
https://t.co/2GMS9SUJFE