Using German data, Tobias Broer, @jvkramer.bsky.social & Kurt Mitman show that oil supply shocks disproportionately impact low earners. Additionally, the results caution against a return to the wait-and-see approach by central banks that proved costly in 2021-22. cepr.org/voxeu/column... #EconSky
John Kramer
@jvkramer.bsky.social
Assistant Professor at the University of Copenhagen, formerly at the IIES in Stockholm - Interested in Macro, Monetary and Mobility
When oil prices spike, inequality rises. Recent research by @sorrytobekurt.bsky.social & co-authors shows oil shocks hurt low-income workers the most, lowering earnings growth & job prospects while high-income workers are largely unaffected. Read more: bit.ly/4rRXNHw
So, it turns out this paper @sorrytobekurt.bsky.social, Tobias Broer and I wrote, which was recently published in the IMF ER is somewhat topical this weekend: Oil shocks hurt workers at the bottom of the income distribution most; through lower employment, but also lower earnings for the employed.
The Distributional Effects of Oil Shocks
link.springer.com
Finally, someone has solved a real problem with AI! No more having to take a paper in the format for a journal that rejected you, and reformat it for a new journal. Well done!! formatmypaper.com
This is a great resource! I've been using it for a bit now, and I am very much looking forward to the new chapters
The new version of our first year PhD Macroeconomics textbook is out. It is not polished yet but now all chapters are included. We hope it would be useful for the new semester. phdmacrobook.org/downloads/
Really looking forward to this!
📢 Excited to announce the program for the Lisbon Macro Workshop 2025, taking place August 29–30 at Nova School of Business and Economics 📍 Lisbon 📅 Aug 29–30 🔗 nw.ax/l2U @martacota.bsky.social @jeanne-c.bsky.social
Any Econ PhD students at Harvard (or elsewhere in the U.S.) worried about visa status, the @iies.su.se has openings for PhD students who have completed their coursework and are at the dissertation stage, starting in the fall. Apply here: www.su.se/institute-fo...
Work with us - Institute for International Economic Studies
Are you interested in applying for a job at Stockholm University?
su.se
Paste your abstract. Get semantically similar economic papers—instantly. No keyword tweaking, no guessing jargon. This is my new RePEc semantic search engine in action. Try it now → econpapers.eduard-bruell.de #EconSky #RePEc
Let me tell you about my job market paper!
What would you talk about for 19 hours?
Good news for researchers - don't miss out! We just launched a pilot project @ecb.europa.eu to share anonymised data on bank balance sheets and interest rates for loans and deposits in the euro area. 1/2 www.ecb.europa.eu/press/pr/dat...
ECB launches pilot project for research access to confidential statistical data
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purch...
ecb.europa.eu
I have a new working paper on solving complex life-cycle models with deep learning. Paper: drive.google.com/file/d/1txCS... Python toolbox: github.com/NumEconCopen...
Could've just asked for access to the Danish, Swedish or Norwegian registry data. Access possible without dismantling democratic institutions
To all econ students on the market and advisors: I am thinking about filling an additional postdoc position at the University of Mannheim working on portfolio choice, wealth inequality, and labor markets. Interested? If yes, please let me know! sites.google.com/site/kuhneco...
Moritz Kuhn
Moritz Kuhn Professor Department of Economics University of Mannheim L 7, 3-5, 68161 Mannheim, Germany mokuhn@uni-mannheim.de +49 621 181 1929 Office hours: please send an email (judith.price@uni-ma...
sites.google.com
This was such a fun conference. I learned a lot! Thanks to all the organizers for a fantastic experience!
Thanks to all participants for four fantastic days at the New Frontier in Policy Evaluation conference at NYUAD! Stay tuned - more events are coming soon!
🚨Call for Papers🚨 The next SED meeting will be held June 26-28, 2025, in Copenhagen! Submit your paper here: editorialexpress.com/cgi-bin/conf... before Feb 15 Julieta Caunedo and I are the Program Chairs
editorialexpress.com
In other news from #France, the household savings rate there (as elsewhere) is settling on a higher level. But plus 4%-points is a *huge* increase if it turns out to be permanent.
🙋, except it's the Danish tax payer who pays me
People's parents pay lots of money so their kids have to sit in a room while I tell them about stuff that interests me, then I evaluate them based on how much attention they paid to me. They can also come to my office to hear me talk more about what interests me.
@eu-eurostat.extwitter.link, why can't you be more like him? 😭😭
New look FRED, who dis?
How worried are you about the U.S. economic outlook in light of the current policy proposals and appointments? 1️⃣ Not worried 2️⃣ Somewhat worried 3️⃣ Worried 4️⃣ Very worried 📊 Show results
The covers of the Danish, Norwegian, and Swedish preparedness leaflets. Somebody went for a slightly different vibe!
There didn't seem to be one, so I made a starter pack of people whose work I find interesting, and whose work other people who work in macro may find jnteresting. Highly incomplete, but maybe helpful to other newcomers. go.bsky.app/PRGAstf
Is there a starter pack for macroeconomics? If so, I'd be very happy to be pointed towards it
The University of Copenhagen is hiring in Macro! Come work with us in beautiful Copenhagen, in our growing macro group. If you have any questions at all, I will be very happy to answer them. econjobmarket.org/positions?sh...
Many countries want to decarbonize their economies. Eg, the US aims to be net zero by 2050. Given this target: What is the optimal transition path? What are the main drivers and economic implications? Our Job Market Candidate Stefan Hinkelmann tackles these questions in his Job Market Paper.
The University of Copenhagen is hiring in Macro! Associate and assistant professor level, everyone is welcome 😉. Come work with us in beautiful Copenhagen! If you have any questions at all, I will be very happy to answer them. econjobmarket.org/positions?sh...