Fifteen years ago, @Coursera and online courses changed education. It worked better than almost anyone expected, expanding access by opening up where you can learn. But how you learn remains largely the same as it has for ... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2082359961896485205

Extremely happy to see this paper coming out in the AER @AEAjournals! 🔄 Repost von X: https://x.com/EconUniMannheim/status/2081989396962644355

"Subsidiary Financing: Risk-Shifting as a Commitment Device" is now available: https://t.co/Pbvuz81svt 🔄 Repost von X: https://x.com/EconUniMannheim/status/2080263278001831957

Firms finance investments via levered subsidiaries to overcome dynamic commitment problems when entering new markets or technologies. 🔄 Repost von X: https://x.com/EconUniMannheim/status/2080263228559397161

We propose a novel measur of firms’ exposure to climate risk via the market, prodiving coverage of over 36,000 international firms. 🔄 Repost von X: https://x.com/EconUniMannheim/status/2080263099790118955

Excited to share our new working paper: how much did the US standard of living really rise over the twentieth century — and when? With @bhwittenbrink Using 5.1 million Sears catalog listings, we build a quality-adjusted pr... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2078044786670325870

In 1860, the New York Times declared that "no one invention has brought with it so great a relief for our mothers and daughters as these iron needle-women." They were, of course, referring to the sewing machine. But how mu... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2078043086555357369

@ProfAlexHolcomb @appstate and I posted our latest paper: "When Goliath Shares with David: The Effects of Asymmetry on Collaboration." Q: When a large well-resourced firm teams up with a small one, does the gap undermin... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2077801336452555256

As always an interesting and very insightful discussion! Thanks a lot @Isabel_Schnabel 🔄 Repost von X: https://x.com/EconUniMannheim/status/2075151017251856507

New CEPR Discussion Paper - DP21691 Louder than Rates: The Systematic Nature of Central Bank Communication Tiziana Assenza @TSEinfo @UT1Capitole @IASToulouse, Fabrice Collard @TSEinfo @CNRS, Dogukan Guney @TSEinfo @UT1Cap... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2074411433983447155

New CEPR Discussion Paper - DP21694 The Power of Persistence: How Demand Shocks and Monetary Policy Shape Macroeconomic Outcomes Fabrice Collard @TSEinfo @CNRS, Patrick Feve @TSEinfo @UT1Capitole, Philipp Wangner @Mannhei... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2074401164112601536

New CEPR Discussion Paper - DP21684 The Long Tail Wags the Dog: Platform Design and Bargaining with Majors Gaston Llanes @uc_chile, Martin Peitz @MannheimBSchool @EconUniMannheim @MaCCIcomp https://t.co/usKmu2CyH1 #CEPR_... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2073324344223166588

𝐍𝐞𝐰 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐢𝐧 𝐌𝐨𝐧𝐞𝐭𝐚𝐫𝐲 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜𝐬 Excited to share the conference program: https://t.co/gENuCiyAJi Two great days next month @EconUniMannheim with Jordi Gali, @guido_lorenzoni, @KlausAd... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2073313857641001352

"Central Bank Reserves and the Balance Sheet of Banks" by Hans Gersbach, Jean-Charles Rochet, Ernst-Ludwig von Thadden is now available: https://t.co/ZN2O1wdpWO 🔄 Repost von X: https://x.com/EconUniMannheim/status/2072412453325992208

How large should the Central Bank's balance sheet be? How large must it be if one wants to achieve certain objectives in terms of inflation or bank lending? How must fiscal and monetary policy be coordinated? 🔄 Repost von X: https://x.com/EconUniMannheim/status/2072412448607404170

"The Long Tail Wags the Dog: Platform Design and Bargaining with Majors" by Gaston Llanes, Martin Peitz is now available: https://t.co/rYsHHJ4xtp 🔄 Repost von X: https://x.com/EconUniMannheim/status/2072412439275081996

New work on platform bargaining, creator compensation, and attention steering: when paying the long tail becomes a strategic tool 🔄 Repost von X: https://x.com/EconUniMannheim/status/2072412425773580385

"Slackness, Openness, and the Anatomy of Cash Transfer Multipliers" by Minki Kim, Mitchell VanVuren is now available: https://t.co/CNQVSXfqre 🔄 Repost von X: https://x.com/EconUniMannheim/status/2072412419603771860

Why do cash transfers in poor economies raise output but barely move prices? New paper: firms sit on idle capacity, so the local GDP can be high. We estimate a structural model w/ an ongoing RCT in Malawi: the predicted mu... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2072412413731782780

New CEPR Discussion Paper - DP21669 Employment Stability, Earnings Dynamics, and Life-Cycle Savings Moritz Kuhn @kuhnmo, Leanne Nam @MannheimBSchool @EconUniMannheim, Gasper Ploj @BankaSlovenije https://t.co/JxAXwuzkwx #... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2072322343259500924

Press release: EU Merger Reform Leaves Key Gaps, Economists Warn by Volker Nocke, Martin Peitz, Nicolas Schutz is now available: https://t.co/5kvTHm2QCd 🔄 Repost von X: https://x.com/EconUniMannheim/status/2072263638795100568

• Researchers offer insights to fill gaps in the draft Merger Guidelines • EPoS Economic Research Center publishes details in new discussion papers 🔄 Repost von X: https://x.com/EconUniMannheim/status/2072263629789954214

• Researchers offer insights to fill gaps in the draft Merger Guidelines • EPoS Economic Research Center publishes details in new discussion papers 🔄 Repost von X: https://x.com/EconUniMannheim/status/2071870418898522155

Press release: EU Merger Reform Leaves Key Gaps, Economists Warn by Volker Nocke, Martin Peitz, Nicolas Schutz is now available: https://t.co/5kvTHm3orL 🔄 Repost von X: https://x.com/EconUniMannheim/status/2071870191886103021

@FlorinBilbiie @SEDmeeting @HanbaekLee @RustamJamilov The extremely talented Philipp Wangner @EconUniMannheim matches the 4 papers! https://t.co/6miyImJvFr 🔄 Repost von X: https://x.com/EconUniMannheim/status/2070970862598082807

Back from my trip to China where I had the opportunity to present "Employment Stability, Earnings Dynamics, and Life-Cycle Savings" with @LeanneNam8 & Gašper Ploj at Shanghai Jiao Tong University & The 10th PHBS ... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2070969603803529412

"Crowded Career Ladders? Intra-Firm Spillovers of Raised Retirement Age" is now available: https://t.co/yCPww3Wvbs 🔄 Repost von X: https://x.com/EconUniMannheim/status/2069863838355165563

This paper opens the black box of retirement spillovers. Delayed retirements reshape internal labor markets, reducing promotions and hiring of younger coworkers through career ladders, hiring frictions, and firm-specific h... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2069863832625778817

"Free Textbooks and Long-term Outcomes: Evidence from Turkey" is now available: https://t.co/MlbW9BLUjG 🔄 Repost von X: https://x.com/EconUniMannheim/status/2069863696684183776

This paper analyzes how intrahousehold bargaining shapes fertility over the life cycle. A life-cycle model with two-way feedback between fertility and bargaining shows that limited-commitment frictions suppress fertility a... 🔄 Repost von X: https://x.com/EconUniMannheim/status/2069863688492736899