🚨 New working paper 🚨 In large cities, wages are higher. But so are inequalities. In fact, low-wage workers earn lower real earnings there. Why? What drives spatial wage disparities? Why some workers work at lower real wages in large cities?

A spatial equilibrium model with heterogeneous households holding general non-homothetic preferences over tradable goods and housing, from Cécile Gaubert and Frédéric Robert-Nicoud https://www.nber.org/papers/w33652

Forthcoming in the JEL: "Housing and Inequality" by Yannis M. Ioannides and L. Rachel Ngai. www.aeaweb.org/articles?id=...

Housing and Inequality

(Forthcoming Article) - We approach the literature on housing and inequality from two angles. One is the impact of unequal endowments on housing. The second is the “memberships” inequality associated ...

aeaweb.org

Using survey data from Germany combined with an 'what is the optimal length of the workweek' model suggests 37 hours, from Gregor Jarosch, Laura Pilossoph, and Anthony Swaminathan https://www.nber.org/papers/w33577

Forthcoming in AEJ: Macroeconomics: "Cognitive Hubs and Spatial Redistribution" by Esteban Rossi-Hansberg, Pierre-Daniel Sarte, and Felipe Schwartzman. www.aeaweb.org/articles?id=...

Cognitive Hubs and Spatial Redistribution

(Forthcoming Article) - In the US, cognitive non-routine (CNR) occupations are disproportionately and increasingly represented in large cities. To study the allocation of workers across cities, we pro...

aeaweb.org

We've just opened a new @beckerfriedman.bsky.social pre-doc position through the International Economics and Economic Geography Initiative: job-boards.greenhouse.io/universityof... Come work with us! The trade and spatial group at UChicago is a top-notch place to start your academic career!

Research Professional – International Economics and Economic Geography Initiative (Full-Time, Benefits Eligible)

Chicago, IL

job-boards.greenhouse.io

Modern supply chains don't look like trade theory 101! They involve constant border crossings, each now hit by tariffs. Tariffs raise prices, but the more important thing they do is disrupt supply relationships. 1/

Recently accepted to #REStud, ``Wealth Inequality and Asset Prices'' from Matthieu Gomez: www.restud.com/wealth-inequ...

Studying preferences over the demographic composition of co-patrons. Racial homophily does not vary by income. These preferences can explain much of income segregation, from Victor Couture, Jonathan I. Dingel, Allison E. Green, and Jessie Handbury https://www.nber.org/papers/w33386

1/🚨New chapter in Handbook of Regional & Urban Economics: Spatial Environmental Economics 🌍 How do spatial forces affect the environment? How does enviro shape spatial outcomes? Thread, chapter explore this nascent subfield via stylized acts, models, building blocks for rsrch. w Clare Balboni.

As climate change intensifies, extreme weather events like the fires in LA pose growing threats to economies. A blog post by @nityanayar.bsky.social, Juanma Castro-Vincenzi, Gaurav Khanna and @nicomorales.bsky.social discusses how firms adapt supply chains to these risks: tinyurl.com/abbw5mt3

A lot to chew on in this issue of AEJ: Applied: #econsky

AEA Journals@aeajournals.bsky.social · 2y ago

The January 2025 issue of AEJ: Applied Economics (17, 1) is now available online at aeaweb.org/issues/788.

Featured in the latest Digest: "Gender, Career Opportunities, and the Relocation Decisions of Couples" https://www.nber.org/digest/202412/gender-career-opportunities-and-relocation-decisions-couples

NEW: Chinese companies have doubled their industrial footprint in Mexico in three years — a development that is emblematic of the closer ties that are poised to thrust Mexico into the centre of Trump’s trade war with Beijing. ig.ft.com/china-mexico...

How China is setting up shop in Mexico

An increasingly close trade relationship is causing concern in Washington

ig.ft.com

Recently accepted by #QJE, “Putting Quantitative Models to the Test: An Application to the US-China Trade War,” by Adão, Costinot, and Donaldson: doi.org/10.1093/qje/...

Recently accepted by #QJE, “The Global Race for Talent: Brain Drain, Knowledge Transfer, and Growth,” by Marta Prato: doi.org/10.1093/qje/...

The Global Race for Talent: Brain Drain, Knowledge Transfer, and Growth*

Abstract. How does inventors’ migration affect international talent allocation, knowledge diffusion, and productivity growth? To answer this question, I bu

doi.org

Job market update: McGill Econ is hiring! Please encourage your students to apply as soon as possible if interested. econjobmarket.org/positions/11...

I've now turned the BBVA-EEA Lecture I gave in San Antonio in January and in Madrid this week into a working paper: scholar.harvard.edu/sites/schola... The paper will come out in the Journal of the European Econ. Assoc. some time next year, but it's not a final version yet. Comments most welcome!

Pol Antras@pantras.bsky.social · 2y ago

Super excited about this lecture in Madrid in December!

💥New version of "Superstar Teams" lukasbfreund.github.io/files/freund...

Send your labor papers and come present at Princeton! Deadline is Dec 22. irs.princeton.edu/news/2024/nl...

Call for Papers: 2025 Northeast Labor Symposium for Early Career Economists

2025 Northeast Labor symposium seeks to build community among junior faculty working on labor economic topics. Deadline to submit proposals is December 22, 2024.

irs.princeton.edu

And here's the messy map of country growth over the last four years! I like how clear you can see the boom in certain states like Florida, Texas, and Utah. I've got a lot more state and region level maps coming later today, so stay tuned

Recently accepted to #REStud, ``The Long-Run Labor Market Effects of the Canada-U.S. Free Trade Agreement,'' from Kovak and Morrow: www.restud.com/the-long-run...

Re-upping this: if you are interested in GIS, computer vision, housing, and research please apply!

Jeffrey Lin@jeffrlin.bsky.social · 2y ago

I’m recruiting a research assistant to work on projects spanning neighborhood change, housing investment, highways, and innovation. Starting Summer 2025 or earlier. GIS+coding experience preferred. Please mention in your cover letter if you’re specifically interested in working with me. Job posting:

We've created a starter pack for all of the economics journals on Bluesky. Please nominate other journals to join the list. go.bsky.app/4kR21vX

Jonathan Dingel (@tradediversion.bsky.social) and I, together with many colleagues at Columbia, are hiring predocs to start in Summer 2025. If you want to work at the intersection of macro, spatial, and labor econ.: apply! International students welcome. More info: apply.interfolio.com/157268

The favorite meme I generated over at the other site

Folks! Our excellent BFI institute at UChicago is on here, give them a follow. They do an excellent podcast (the PIE) and host great conferences/workshops with open call-for-papers.

Becker Friedman Institute for Economics@beckerfriedman.bsky.social · 2y ago

PODCAST: When some states allowed NPs to prescribe controlled substances, a serious unintended consequence took hold: DRs found themselves competing for patients. Tune in for Molly Schnell, BFI Saieh Family Fellow (Northwestern Economics), with host Tess Vigeland. bfi.uchicago.edu/insights/590...

Excited to share a new paper w/ Matthias Mertens: From Labor to Intermediates: Firm Growth, Input Substitution, and Monopsony Also: implications for firm-level labor share dynamics. PDFs: www.nber.org/papers/w33172 eml.berkeley.edu/~schoefer/sc... Longer Twitter summary: x.com/Schoefer_B/s...

NEW: How have house prices and house building changed across England since 1996? 📈 Explore how house prices and house building have changed in your area, and compare how responsive construction has been to prices, with our interactive map: ifs.org.uk/calculators/... [THREAD: 1/8]

This @wsj.com article was a good reason to update a bunch of #HSR charts. "giant money pit"? 😒 In 2024, China's HSR ridership surpassed all-time highs and China Railway is going to generate ¥1.3 trillion of revenue and ¥400 billion of EBITDA. 🧵

China Is Building 30,000 Miles of High-Speed Rail—That It Might Not Need

The train system is one of the biggest public works in history, and it’s becoming a giant money pit.

wsj.com