Sociologist’s defence of mainstream economics: open.substack.com/pub/statsand...

Hankenin taloustieteen professori @artahy.bsky.social Helsingin Sanomissa: "Kansantalouden tuottavuuskehityksen kannalta mielenkiintoinen ja tärkeä löydös on, että pääomasijoitukset ja ulkomaalaisomistus ovat yhteydessä yritysten kokonaistuottavuuden paranemiseen” www.hs.fi/talous/art-2...

Yritykset | Tutkimus: Pääomasijoittajat saavat yritykset parhaaseen kasvuun Suomessa

Elinkeinoelämän tutkimuslaitos selvitti, millaiset yritykset kasvavat Suomessa.

hs.fi

Muutamia pohdintoja tekoälystä, taloudesta ja tutkimuksesta, Kansantaloudellisessa aikakauskirjassa 3/2025 journal.fi/kak/article/...

Nuorissa yrityksissä patentointi kasvaa, vanhoissa hiipuu. Matemaattis-luonnontieteellinen osaaminen ruokkii innovaatioita ja auttaa Suomea nousemaan tuottavuuskuopasta, kirjoittavat Hankenin @artahy.bsky.social ja tutkijakollegat Talous & Yhteiskunta -lehdessä. labore.fi/t&y/osaajia-...

Osaajia hyödyntävät nuoret yritykset versovat innovaatioita - Työn ja talouden tutkimus LABORE

Patenttidataa hyödyntävä tilastollinen analyysi kertoo, että Suomen nuorissa yrityksissä patentointi on ollut vahvassa kasvussa ja vanhoissa yrityksissä laskussa. Matemaattis-­luonnontieteellisesti ko...

labore.fi

Our practical guide to shift-share IV is now out in the JEP! www.aeaweb.org/issues/793 (Ungated version: www.dropbox.com/scl/fi/el9yn...)

Journal of Economic Perspectives

Vol. 39 No. 1 Winter 2025

aeaweb.org

Students at Brown have used the Google Maps API to create a live tracker for traffic flows under congestion pricing in NYC. It includes a real-time diff-in-diff type comparison between NYC, Boston, and Chicago: www.congestion-pricing-tracker.com

Writing in Kauppalehti with @artahy.bsky.social today about why Europe’s startups need a pan-European company structure to scale across borders. Read here: www.kauppalehti.fi/uutiset/suom...

Suomalaisyritykset hyötyisivät yhteiseurooppalaisesta yhtiömuodosta

Siinä missä yhdysvaltalaiset yritykset voivat kasvaa joustavasti osavaltioiden rajojen yli ja samalla vahvistua riittävän suuriksi toimijoiksi globaalisti, eurooppalaiset yritykset kohtaavat erilaisia...

kauppalehti.fi

Here's a great starter pack for folks interested in the economics of innovation, competition and IO go.bsky.app/Rchu8QX

Very interesting new paper by @benmoll.bsky.social on rational expectations as a main problem in het agent macro. Including ideas on how to move forward: benjaminmoll.com/challenge/ #econsky #macro

Extremely 👀 JMP showing that policy evaluation, including RCTs, has *zero* link to further spending on the policy. The exception is when evaluations are a) done fast and b) are owned by the party in power. The context is LatAm/Caribbean countries, but there’s lot’s here for us all to think about.

Rafe Meager (they/them)@economeager.bsky.social · 2y ago

We still have a relatively poor understanding of the relationship between evidence and policy. Program evaluation in particular is often motivated by a desire to make policy better. But how effective is program evaluation itself?Michelle Rao's JMP tackles this question. www.michellerao.com/research

These two papers, taken together, really cause a rethinking of behavioral economies. Rather than having anomalous risk preferences; it looks like people have complexity aversion to "hard" decisions, especially on valuation, which drives behavioral anomalies. Herbert Simon ftw.

Florian Ederer @florianederer.bsky.social · 2y ago

Some of the most important lottery anomalies from the behavioral risk literature (e.g., probability weighting and loss aversion) actually have nothing to do with risk. They also arise in perfectly deterministic settings. Lead article in the latest AER issue: www.aeaweb.org/articles?id=...

‘Monopolies always raise concerns about high prices, low innovation and—if the monopoly position may be challenged—possible abuses of dominant position against potential rivals. Tech giants are no exception.’ Jean Tirole | IFS Deaton Review academic.oup.com/ooec/article...

Competition and industrial policy in the 21st century

Abstract. Large fixed costs and (direct and indirect) network externalities generate barriers to entry and high markups for winners in the digital industry

academic.oup.com

Just published in Journal of Public Economics: "From viewers to voters: Tracing Fox News’ impact on American democracy" By @elliottash.bsky.social, Sergio Galletta, Matteo Pinna, & Christopher S. Warshaw. www.sciencedirect.com/science/arti...

We strongly suggest that academic publishers and other platforms that host research rapidly implement a Share to Bluesky button for their articles. Here's how: docs.bsky.app/docs/advance... #AcademicSky #HigherEd #Altmetrics

Action Intent Links | Bluesky

Authors, websites, and apps can use action intent links to implement "Share on Bluesky" buttons, or similar in-app actions. Logged-in users will be directed to the corresponding action view in the Blu...

docs.bsky.app

Preference heterogeneity refers to the extent to which individual tastes for a good vary across individuals. www.theguardian.com/artanddesign...

Maurizio Cattelan’s duct-taped banana artwork fetches US$5.2m at New York auction

Crypto entrepreneur Justin Sun bought one of three editions of the viral 2019 work, describing it as ‘a cultural phenomenon’

theguardian.com

vm.fi/-/tuulia-hak...

Tuulia Hakola-Uusitalo Valtion taloudellisen tutkimuskeskuksen ylijohtajaksi - Valtiovarainministeriö

vm.fi

Laajennettu lista Suomessa asuvista ja suomalaisista ekonomisteista ja taloustieteilijöistä Bsky:ssä. go.bsky.app/EbzHb8Y

Great funding news! In my work package, we will study the determinants of (e.g., geographic) inequalities in political participation and political and bureaucratic representation, their effects on economic policy, democratic norms and political responses, and how inequalities can be alleviated.

Juha Jokela@juhajokela1.bsky.social · 2y ago

📣 New project "The resilience of liberal democracy in Finland" by universities of @helsinkiuni.bsky.social, Eastern Finland, Turku, Åbo Akademi as well as FIIA. The project will examine the resilience of liberal democracy in Finland. ⤵️ www.fiia.fi/en/news/new-...

To be clear, we do have plans for scaling, we just kinda expected more than a couple days notice before getting blasted with a million new users a day. The team is rapidly deploying fixes and new software to adapt. More servers in the mail.

Susceptibility to online misinformation: A systematic meta-analysis of demographic and psychological factors “We find that older age, higher analytical thinking skills, and identifying as a Democrat are associated with higher discrimination ability.” www.pnas.org/doi/10.1073/...

Bluesky now has over 20M people!! 🎉 We've been adding over a million users per day for the last few days. To celebrate, here are 20 fun facts about Bluesky:

Tässä listaa suomalaisista taloustieteilijöistä ja ekonomisteista, jotka ovat täällä Bsky:ssa -- ja mielellään saa tehdä täydennysehdotuksia listaan. go.bsky.app/6gvWqWx

"We find an additional $1 spent auditing taxpayers above the 90th income percentile yields more than $12 in revenue, while audits of below-median income taxpayers yield $5."

The Quarterly Journal of Economics@qjeharvard.bsky.social · 2y ago

Recently accepted by #QJE, “A Welfare Analysis of Tax Audits Across the Income Distribution,” by Boning, Hendren, Sprung-Keyser (@bsprungkeyser.bsky.social), and Stuart: doi.org/10.1093/qje/...

📝 Below is a short piece discussing our research for a broader audience. #EconSky📈📉 #TeachEcon #Education newsroom.iza.org/en/archive/r...

Fewer exam retakes, better results?

Policy change at the University of Bologna improved academic performance and reduced dropout rates

newsroom.iza.org

How third-places spur innovation and entrepreneurship. Choi, Guzman and Small (2024) using Starbucks entry found significant increases in entrepreneurship/business formation. #econsky www.nominalnews.com/p/coffee-ent...

Coffee and Innovation

To improve entrepreneurship and innovation…we need more coffee shops? Seems so.

nominalnews.com

Announcing a short course! ifp.org/economics-of... Pierre Azoulay Matt Clancy Janet Freilich Ina Ganguli Ben Jones Chad Jones Kyle Myers John Van Reenen + me

Economics of Ideas, Science and Innovation Online PhD Short Course - Institute for Progress

ifp.org

Taloustieteilijöiden näkemykset julkisen talouden sopeutustarpeesta ovat aika yhtenevät. Keinoja etsiessä on hyvä tarkastella menoleikkausten ja veronkiristysten lisäksi myös keinoja kasvun vauhdittamiseksi. | Taloustieteilijät: Suomen pitäisi kiristää verotusta www.hs.fi/talous/art-2...

Julkinen talous | Taloustieteilijät: Suomen pitäisi kiristää verotusta

HS kysyi yhdeksältä taloustieteilijältä, mitä hallituksen pitäisi tehdä julkisen talouden velkaantumisen hillitsemiseksi.

hs.fi

David Roodman has written a new Stata package that replicates `reghdfe` using Julia. The new implementation requires installing Julia but is about 10x faster. Details available here: www.statalist.org/forums/forum... #EconSky

A new inference procedure for just-identified IV that is robust to weak instruments and will generally yield (quite a bit) shorter confidence intervals than AR www.princeton.edu/~davidlee/wp... #EconSky

Causal Models for Longitudinal and Panel Data: A Survey http://arxiv.org/abs/2311.15458 This survey discusses the recent causal panel data literature. This recent literature has focused on credibly estimating causal effects of binary interventions in settings with longitudinal data, with an empha 📈🤖