Nate Miller
@natehmiller.bsky.social
Professor of Economics at Georgetown University. Editor, Journal of Law & Economics. Research in industrial organization and antitrust economics. Website: nathanhmiller.org
Congratulations to Frank Verboven (@frankverboven.bsky.social) for being appointed as AER coeditor, handling papers in empirical IO and related fields. His term starts on July 1. I’m delighted to have him on our team. @aeajournals.bsky.social #EconSky
Some president should really try to get Justin to be their CEA chair. He's a well regarded, broad researcher, a clear thinker, a fun and upstanding person, and really the best video communicator of economics in the profession.
Justin Wolfers@justinwolfers.bsky.social · last yr.We're in that strange parallel universe in which the Trump administration is discovering the value of the Trans Pacific Partnership (which a younger President Trump ripped up).
🚨 An updated version of "Demand Estimation with Text and Image Data" with Ilya Morozov and Stephan Seiler is now available online: papers.ssrn.com/sol3/papers.... We also make the full code pipeline available here:
Demand Estimation with Text and Image Data
<div> <p></p> <div> We propose a demand estimation method that leverages unstructured text and image data to infer substitution patterns. Using pre-trained
papers.ssrn.com
The former ambassador to Denmark for the United States, Rufus Gifford, posted this video on his Facebook account: Ht: @hpsc24.bsky.social
Respect, Sparty. "... Michigan State will never abandon our core values...Michigan State operates within all state and federal laws prohibiting race-based discrimination and preferences..." president.msu.edu/communicatio...
Spartan Community Letter: Serving the common good | Michigan State University
president.msu.edu
The U.S. Constitution's First Amendment defines the right of all people in America to speak freely. It legally bars the federal govt from acting against anyone based on their speech. Our executive is attacking 1st Amendment rights. American courts, congress, & people can defend them.
Nathan Kalman-Lamb@nkalamb.bsky.social · last yr.Hundreds of international students have just received an email telling them their visas have been revoked. The ‘justification’ is campus activism or social media posts. timesofindia.indiatimes.com/world/us/hun...
If you're looking for something to do: www.mobilize.us/handsoff/ I'll be there next Saturday
Hands Off! Join the National Mobilization to Fight Back · Hands Off on Mobilize
Find events, petitions, volunteer opportunities, fundraisers and more with Hands Off.
mobilize.us
Aaron Sojourner@aaronsojourner.org · last yr.If we let this happen, POTUS shrinks the First Amendment, makes every American's right to stay in the country insecure, & so makes speaking truth to power & political action much riskier. He's pushing to see if Americans support him in or stop him from exercising such power. What will we do?
Check out the recordings of this year's @macci-mannheim.bsky.social annual conference.
MaCCI Mannheim@macci-mannheim.bsky.social · last yr.Did you miss the keynotes at this year's MaCCI Annual Conference? Despair, do not! The recordings are online now: Nancy Rose on efficiencies in merger analysis youtu.be/oSm4qEf9VSQ?... Pablo Ibáñez Colomo: "Towards the end of the Ordoliberal compact?" youtu.be/vN1Y1piJgw0?... #EconSky #EconConf
Interesting new paper: arxiv.org/pdf/2503.09907 improves on both rdrobust and rdhonest! Quite compelling... 1/n
The Department of Defense deemed a story about baseball hero and civil rights leader Jackie Robinson's time in the Army as "DEI" and deleted it.
President Trump has taken an extraordinary and dangerous step of firing two FTC Commissioners. This is a dramatic ratcheting up of the politicization of the agency--the opposite of the direction it should be going in.
Trump fires both Democratic commissioners at the #FTC. Clearly contrary to the intent of the FTC being an independent agency. We’re well on our way to being ruled by an autocratic, authoritarian regime. This has to be stopped. www.reuters.com/world/us/tru...
Exclusive: Trump fires both Democratic commissioners at FTC, sources say
President Donald Trump fired the two Democratic commissioners at the U.S. Federal Trade Commission on Tuesday, two sources familiar with the situation said, in another major test of the independence of regulatory agencies.
reuters.com
Mike spotted this before the rest of us. 🫡 Publications from 2025 are shared more on Bluesky than on X/Twitter.
@herrison2000.bsky.social · last yr.About to talk to medical affairs colleagues, with the news that Bluesky is carrying more posts about new journal publications than X #bluesky #altmetrics #x #xparrot
Forthcoming at the Journal of Political Economy: We find that consumer product markups increased more than 25 percent from 2006 to 2019. One contribution is an approach to estimate IO-style models at scale, yielding flexible consumer preferences and estimates of marginal costs.
Receiving breaking news about cuts to the federal workforce every day makes me extremely disturbed and disheartened. My former colleagues are dedicated public servants who sacrifice themselves to serve the nation. Without them, this country could never be great.
Got the ball rolling on a Fed Economists starter pack go.bsky.app/GudXeoo Fed economists, let me know if you’re on Bluesky and I’ll add you
@heidiwilliams.bsky.social JEP has a new edition with some work on antitrust. www.aeaweb.org/issues/793. In my new book there are multiple chapters on how game theory impacts analysis of mergers and collusion.
Journal of Economic Perspectives
Vol. 39 No. 1 Winter 2025
aeaweb.org
Happy to see this paper with @natehmiller.bsky.social in print! In the paper, we address identification of the price coefficient in models of supply and demand. We show how a covariance restriction between demand and cost shocks can resolve endogeneity. www.aeaweb.org/articles?id=...
Estimating Models of Supply and Demand: Instruments and Covariance Restrictions
(February 2025) - We consider the identification of empirical models of supply and demand with imperfect competition. We show that a restriction on the covariance between unobserved demand and cost sh...
aeaweb.org
Learning by doing in the global electric vehicle battery sector is estimated at 7.5 percent and accounted for 35.5 percent of battery cost reductions from 2013–2020, from Panle Jia Barwick, Hyuk-Soo Kwon, Shanjun Li, and Nahim B. Zahur https://www.nber.org/papers/w33378
A study of the welfare effects of buyer and seller power in vertical relations and an empirical approach for quantifying the contributions of each channel to deadweight loss, applied to coal procurement by power plants in Texas, from Mert Demirer and @MichRubens https://www.nber.org/papers/w33371
Hi, #EconSky! I’m Anderson, a 6th year PhD candidate at the University of Virginia. For those going to ASSA this week, I’ll be presenting my job market paper, The Effects of Privacy Regulation on the Supply of Stolen Data, during the CSMGEP session tomorrow at 8AM. Here’s a short thread about it
Excited to share results from a 4-year first-ever RCT across US jails. We (Crystal Yang & I) find that death rates are much higher in jails than officially reported & health care accreditation improves staff coordination, quality & save lives. www.nber.org/papers/w33357
The Hidden Health Care Crisis Behind Bars: A Randomized Trial to Accredit U.S. Jails
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
nber.org
Nate’s article is well worth reading. For a comment on it by @proffionasm.bsky.social and me about why we still think market power increased for decades in part because of insufficient antitrust enforcement, see www.promarket.org/2024/10/01/m...
Market Power Has Grown and Antitrust Needs Strengthening, Despite What Shapiro & Yurukoglu and Miller Suggest - ProMarket
Jonathan B. Baker and Fiona Scott Morton challenge the interpretations of two new papers from Carl Shapiro & Ali Yurukoglu and Nathan Miller, which question economy-wide trends toward a rise in market...
promarket.org
My take on the Draghi report on competitiveness below. No conflict with competition at all - competition supports innovation, resilience, and healthy industrial policy. www.bruegel.org/first-glance...
The Draghi report and competition policy
The long-awaited Draghi report is a boost to robust competition enforcement
bruegel.org
Interesting data from @johnlist.bsky.social about the AER. Orley has done so much for our profession.
Bright & early tomorrow at 8am in Golden Gate 1&2 at the Hilton! See you there!
Florian Ederer @florianederer.bsky.social · 2y agoInterested in discrimination? Come to our AEA session on Friday, January 3 at 8am. I'll present our "Anonymity & Identity Online" paper with some new results that will be part of our forthcoming AEA P&P.
Planning your 2025 economics conference schedule? I've updated my list of general interest, IO, and theory conferences: www.igorletina.com/conferences.... New this year: you can generate a calendar file 📅 to easily track dates and submission deadlines of selected conferences. #econsky
Episode 86: Dan Gross on Labour Market Responses to Automation. #EconSky. Listen here at: www.thevisiblehand.uk/episodes/epi...
Episode 86: Dan Gross on Labour Market Responses to Automation — The Visible Hand
thevisiblehand.uk
