Come join our group at Rotman. Applications open. jobs.utoronto.ca/job/Toronto-...

Haven't looked deeply, but headlines are a broadly good jobs report in Canada, with things not quite back to what it looked like pre-Covid, but slightly improving and in line with longer run averages, including for returning students/younger people. www150.statcan.gc.ca/n1/daily-quo...

Congratulations to Professor @petermorrow.bsky.social and co-author Brian Kovak. The pair won the Purvis Prize at the recent @canadianeconoassoc.bsky.social's annual conference. newsletter.economics.utoronto.ca/morrow-and-k...

Forthcoming in AEJ: Macroeconomics: "Entrepreneurial Investment Dynamics and the Wealth Distribution" by Eugene Tan.

Entrepreneurial Investment Dynamics and the Wealth Distribution

(Forthcoming Article) - Capital resale frictions, by increasing liquidity risk and decreasing collateral values, can depress investment and amplify capital misallocation in the entrepreneur sector. I provide qualitative evidence using investment data from startups, and quantify these channels using a calibrated entrepreneurial choice model with production risk, financial frictions, and capital resale frictions. I decompose the effects coming from production risk, financial frictions, and resale frictions. I find that resale frictions increase average excess returns by 2.13 pp, and reduce aggregate productivity by 12.7%. The impact of resale frictions are substantially larger than financial frictions or production risk.

aeaweb.org

NEW EPISODE: With the book finally here, it's time to talk about HOW TO WIN A TRADE WAR, with friends!!! This week, @soumayakeynes.ft.com and @chadpbown.com are joined by Bill Reinsch and Scott Miller from The Trade Guys, for an unparalleled trade nerd podcast mashup cage match.

216. How to Win a Trade War, with friends

Bill Reinsch and Scott Miller (The Trade Guys) join to interview Soumaya and Chad about the new Keynes & Bown book, How to Win a Trade War.

tradetalkspodcast.com

HOW TO WIN A TRADE WAR is officially published in the US today!!! Last week was so incredibly amazing but also so busy @soumayakeynes.ft.com and I had some serious Lady Gaga vibes

The 15th Washington Area International Trade Symposium (#WAITS) will take place on May 1 at the Inter-American Development Bank in Washington, DC. I am pleased to chair the keynote session, featuring Laura Alfaro, who will present on trade policy in supply chains. Join us: bit.ly/3P1Karc #Trade

Don’t be like Congress. Pre-order HOW TO WIN A TRADE WAR today 👉🏻 www.simonandschuster.com/books/How-to...

🚨 Call for Papers: LACEA - LAMES 2026 🚨 Submissions now open for the Latin American and Caribbean Economics Association annual meetings Nov 12–14, 2026 in Lima, 🇵🇪! 📅 Submission Due: May 31, 2026 🔗 : lacealames2026.org Share widely and see you there! #LACEA2026 #Econsky #EconConf

LACEA LAMES - 2026 Annual Meeting | Lima - Peru

Join LACEA LAMES 2026 in Lima, Peru, November 12-14. Submit abstracts. Leading economists, keynote speakers, and cutting-edge research.

lacealames2026.org

Feels less like a year and more like the road to Mordor ... but so glad Trade talks is back!

Trade Talks Podcast@trade--talks.bsky.social · 6mo ago

Has it only been one year??? (Also, hi. Trade Talks is back)

China no longer buys US exports. Drawing the right lessons for the next Trump-Xi deal MY LATEST [1/6] 👉 www.piie.com/blogs/realti...

HUUUUUGE 💥

Bloomberg News@bloomberg.com · 8mo ago

The US Supreme Court struck down President Donald Trump’s sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White House

🆕 Excited to announce our free online lecture series on Industrial Development To mark the release of our new VoxDevLit next week, with Senior Editors Francesco Amodio & Markus Poschke, we have organised a series of lectures on the key topics related to industrialisation. Link to register below ⤵️

www.cmfdata.org Great data drop! @rickhornbeck.bsky.social

In about an hour, you can listen to the Supreme Court oral arguments in the IEEPA tariff cases here: www.supremecourt.gov/oral_argumen... I doubt we'll hear anything new and interesting in the parties' arguments, but if the justices ask anything that seems worth noting, I'll try to note it here.

This is a historic day for trade policy. Background here ⤵️

Douglas Irwin@douglasirwin.bsky.social · 11mo ago

www.wsj.com/opinion/trum...

If anyone has experience, I will also be curious.

Elizabeth (Beth) Dhuey@bdhuey.bsky.social · last yr.

Hey #econsky. What is the standard nowadays for data replication using GPT models? Other than complete prompt documentation, model specifications, input data, and setting the temperature close to zero, what does a researcher need to do?

Hey #econsky. What is the standard nowadays for data replication using GPT models? Other than complete prompt documentation, model specifications, input data, and setting the temperature close to zero, what does a researcher need to do?

Excited to be spending this semester visiting Johns Hopkins SAIS 🎉 If you’re in DC, would love to connect/coffee, reach out!

Un extraordinario bien público en español para cualquier estudiante interesado en comercio international :D

Yoto V. Yotov@yotoyotov.bsky.social · last yr.

🇪🇸🇪🇸 Muy contento de compartir el capítulo "Gravity for Undergrads" en español. Muchas gracias a los profesores Carril-Caccia y Paniagua (@jordipaniagua.bsky.social‬), que se ofrecieron voluntariamente a aportar este bien público al alumnado hispanohablante. 🙏💪 🇪🇸 ideas.repec.org/p/drx/wpaper...

The 2025 recipients of the restaurant world’s most influential global awards, the World’s 50 Best list, were announced at a ceremony in Turin, Italy.

The World’s 50 Best Restaurants Announces Its 2025 List

A Peruvian spot took No. 1, while five U.S. chefs kept places on the list.

trib.al

🚨 GRAVITY for UNDERGRADS🚨 Very happy to share “Gravity for Undergrads” - a Chapter, designed to introduce the gravity model to undergrads and novices in trade. It comes with data and code in Stata & R. I hope it is useful. Gravity rules 💪 yotoyotov.com/Gravity_Unde...

Trump's Executive Order. New tariffs go into effect starting April 5, 2025. www.whitehouse.gov/presidential...

Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits

By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency

whitehouse.gov

Today, April 2, President Trump added another 34% tariff on imports from China. This is in addition to the 10% on February 4, the 10% on March 4, and the substantial increase during Trump 1.0. Starting April 5, the average US tariff on imports from China will be 76%.

Chad P. Bown@chadpbown.com · 2y ago

UPDATED CHARTS!!! Trump said he will announce a massive new approach for US tariff policy later today. Where do US tariffs currently stand?

🆕 JOB AD! 🆕 TARIFFS are here. More are coming. Do you love working with DATA and making CHARTS? Do you want to use ECONOMICS in real time? @piie.com is hiring a Research Analyst for International Trade. Come and work for/with me. APPLY today 👉 www.linkedin.com/jobs/view/41...

UPDATED: Our trade war timeline. We're doing our best to keep up. We focus primarily on official government announcements & actions. Check it out:

Trump's trade war timeline 2.0: An up-to-date guide

President Donald Trump has started his second term in office with momentous plans to change US trade policy to achieve various economic and nontrade related aims. Below is a timeline that tracks the d...

piie.com

An amazing conference <3

Ana Maria Santacreu@anamarias.bsky.social · 2y ago

📢 Call for Papers! 📢 The 6th Women in International Economics Conference will be held at Yale University on Oct 16-17, 2025. Keynote speaker: Penny Goldberg. We invite submissions from junior women in international economics. 📅 Deadline: April 30, 2025 📩 Submit here: forms.gle/ucoE6ZcjqwQ1...

Never in my wildest dreams did I expect to hear this from a Canadian PM ... let alone about the US. Wow.

Derek DeCloet@decloet.bsky.social · 2y ago

I've published a lot of headlines and a lot of stories in five years at @bloomberg.com but never thought I would send one like this *TRUDEAU: TRUMP WANTS TO DESTROY CANADIAN ECONOMY, ANNEX CANADA

🚨 Another fantastic resource for anyone interested in international trade in emerging economies! Much has been studied, but there’s still so much to uncover. Check it out! 👇

VoxDev@voxdev.bsky.social · 2y ago

📢 Issue 2 of our #VoxDevLit on International Trade is out now! No country has successfully developed its economy without integrating into global markets. This review outlines evidence on the barriers to trade in LMICS. Read and download here: voxdev.org/voxdevlit/in...