The Class Gap in Career Progression: Evidence From U.S. Academia in the current ECMA issue: www.econometricsociety.org/publications...

This speech from the Czech central bank governor (who has openly considered including Bitcoin in reserves several times) feels like it comes from another dimension when compared to standard central bank speeches (or is it just me?) - www.bis.org/review/r2604...

Preserving learning in the age of AI. Some takeaways: learning is about a) the content b) learning how to learn and think—we should place greater emphasis on b); the socio-emotional context within the classroom will be (more) key. news.harvard.edu/gazette/stor...

Preserving learning in the age of AI shortcuts — Harvard Gazette

In podcast, teachers talk about how they’re using technology to supercharge critical thinking rather than replace it

news.harvard.edu

I recently caught up with this interview of Claudio Borio from @davidbeckworth.bsky.social on the future of CB operating systems t.co/2IMELpougN (associated BIS paper: www.bis.org/publ/work110...). A key point: the often-stated argument for keeping an “ample” reserve framework may be overstated.

Post-doc position in Sevilla (for an applied economist), within a nice department (UPO)

Econ-UPO@econupo.bsky.social · 7mo ago

🚨 🚨 Postdoctoral positions funded by the Andalusian Government 🚨🚨

This is quite surprising to me. Changes in salient prices and underlying inflation would explain little of the 2025 U.S. inflation expectations surge, leaving 7.5 p.points unexplained (grey part) at the 8 p.point peak. Does anyone know any work on that?

Stephen Cecchetti and Kermit L. Schoenholtz argued in a recent CEPR #PolicyInsight that tokenisation is the truly transformative innovation in finance today. cepr.org/voxeu/column... #EconSky

Financial Times@financialtimes.com · 10mo ago

Stablecoins could help shift financial system from commercial lending, BoE governor says on.ft.com/42Zr74u

Philosophers, psychiatrist consider what we lose when we outsource struggle to AI - "I worry that 50 years from now we’ll only have people who learned with these devices present, and it will be harder and harder to motivate people to get an education" news.harvard.edu/gazette/stor...

What is creativity without sweat and tears? — Harvard Gazette

Harvard philosophers and a psychiatrist consider what we lose when we outsource struggle to artificial intelligence.

news.harvard.edu

This seems great "AI Agents for Economic Research". I found the first paper and its update from Korinek (Generative AI for economists) very useful, nice to see a new update on AI agents www.aeaweb.org/content/file...

We find large excellence gaps emerge by 3rd grade across all demographics and persist through high school. Paper is here: ideas.repec.org/p/feb/artefa...

Five Facts About the First-Generation Excellence Gap

Parents are crucial to children's educational success, but the role of parental education in fostering academic excellence remains underexplored. Using longitudinal administrative data covering all No

ideas.repec.org

Took BlaBlaCar again yesterday after years (great company). As often, when I mention I work on central banks, the first question is about money creation—essentially, why it’s not a magic fix for government budget constraints. Small sample, but I got the same question on my last BlaBlaCar 4 years ago

Was happy to attend, grateful for the prize and the enriching interactions during the 2025 Afrimed Finance Conference (worth attending)

Departamento Fundamentos del Análisis Económico UA@departamentofae.bsky.social · last yr.

🏆 Our colleague Julien Pinter (@julien-pinter.bsky.social) (Universidad de Alicante - @ua.es) has received the Best Banking Paper Award for his article ‘Market Disappointment with Central Bank Announcements’.

Survey invitations often describe the topic of the survey. A simple, classic example of how this biases results: survey recruitment materials about bird watching led to higher estimates of the % of people who engage in bird-watching. doi.org/10.1093/poq/...

Hey @blueskystarterpack.com please add: bsky.app/starter-pack...

Next week, Workshop on Macroeconomics and Productivity at UA, open to the public 👇

Departamento Fundamentos del Análisis Económico UA@departamentofae.bsky.social · last yr.

☝️ The countdown is on! The ‘Workshop on Macroeconomics and Productivity’ is just around the corner, and the full program is now available. 📄📊

Consistent with what some sociologists have been telling - effects on school choice especially present for 1st generation students and underrepresented minorities

NBER@nber.org · last yr.

High-performing students who received an encouragement email were more likely to take intermediate microeconomics but not to major in economics, from Olivia Edwards and Jonathan Meer https://www.nber.org/papers/w33676

Reading a speech from Isabel Schnabel, I discovered the #ECB has a youtube channel, Expresso Economics. Goal is to reach a broader public. Videos-high quality-published 2 months ago total... 500 views. Says a lot.

Social scientists take note: asking the right question is crucial to getting the important answer. @jburnmurdoch.ft.com has a banger of an analysis in today’s FT, and the right question is about media fragmentation and how we go about getting shared information. It’s not about misinformation.

The misinformation discourse is a distraction

Media fragmentation and the erosion of shared sources of truth are bigger threats

ft.com

Understanding causality vs. correlation is genuinely hard especially on complex topics like inflation. Our research finds that 60% of Americans think high interest rates cause high inflation & support rate cuts to fight it. But high rates usually respond to inflation,not cause it

Weird, but this is what Le Monde is reporting

FX Coudert@nanoporous.net · last yr.

French researcher, going to a conference in Houston, was forbidden entry to US; his work and personal electronics were both confiscated. Why? Because a “random search” of his cell phone revealed a negative personal opinion on Trump and the Trump administration. www.lemonde.fr/internationa...

Today we (are lucky to) have Matteo Ciccarelli from the ECB in our Macro seminar in Alicante ! ☀️ (adding to this year’s great lineup of speakers)

Departamento Fundamentos del Análisis Económico UA@departamentofae.bsky.social · last yr.

👉 A new macro seminar is scheduled for today. 📅🕒 Tuesday, 11th March 2025 at 14:30 h 📍 Sala Vicens Vives 🎙 Matteo Ciccarelli, European Central Bank ( @ecb.europa.eu  )  📲 Title: Forecasting and Policy Modelling at the ECB

To those in the US who want to donate $ to #Ukraine, consider these options National Bank of UKR: bank.gov.ua/en/news/all/... Humanitarian aid (tax deductible): Kyiv-Mohyla Foundation of America: www.kmfoundation.org Kyiv School of Economics: kse.ua/support/dona... Nova Ukraine: novaukraine.org

NBU Opens Special Account to Raise Funds for Ukraine’s Armed Forces (updated)

  The National Bank of Ukraine has decided to open a special fundraising account to support the Armed Forces of Ukraine. The central bank’s decision comes after the Ukrainian gove...

bank.gov.ua

This Friday I will be at the ECB presenting my work at this internal workshop, happy to meet researchers around

Staggering stats -and great to see research flourishing in this area. > than 50% of academics said to come from the 20% richest families, 5% from the poorest 20%. Father’s occupation predicts professors’ discipline choice. Difference in research agenda identified too papers.ssrn.com/sol3/papers....

Despite a large increase in the share of lower-income students in the college-going population, their representation at elite private or public colleges has remained at similarly low levels throughout the last century, from Abramitzky, Kowalski, Pérez, and Price https://www.nber.org/papers/w33164

Want to give a good scientific talk? TELL A GOOD STORY. don’t show the audience every result, don’t give us one slide on every paper you’ve ever published. If I want to read your resume, I will. Teach me something, tell me a story.

Did Trump election signal start of new political era? news.harvard.edu/gazette/stor...

Did Trump election signal start of new political era? — Harvard Gazette

Analysts weigh issues, strategies, media decisions at work in contest, suggest class may become dominant factor.

news.harvard.edu

Learnings From 1,000 Rejections: papers.ssrn.com/sol3/papers....

BIS speech "Monetary policy in an era of supply headwinds – do the old principles still stand?" dives into what to expect for monetary policy in the future (more abrupt changes, key to avoid de-anchoring of expectations) www.bis.org/speeches/sp2...

'A Research Program on Monetary Policy for Europe' www.sciencedirect.com/science/arti... (JME, published this week): contain many insights for new research on monetary policy in the euro area

A Research Program on Monetary Policy for Europe

European macroeconomies remain under-researched. There are compelling reasons for this to change. European issues pose significant economic challenges…

sciencedirect.com