Konrad Burchardi

@konradburchardi.bsky.social

Professor of Economics at IIES, Stockholm

Proposal for a new football league format: Every club participates with an all-male and an all-female team. Teams play agains same-sex opponents, but all points count towards the same joint league. By how much and how quickly would pay differences converge?

In 2021 and 2023 I had the chance to serve on the @ERC_Research Starting Grant evaluation panel. There are a couple of things I learned that might be helpful to future applicants. I guess some points apply to other grants as well.

💥Research Assistant Positions💥 1. Ingvild Almås, Timo Boppart, Thor Berger, Hannes Malmberg, and I are looking for a research assistant to work on a project which investigates Sweden's spectacular economic growth during the late 19th century using establishment-level data.

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US academia is unparalleled in the welfare it creates. But US academia is now under attack and other countries, like Germany, have to keep the flame alive for a while. It will make them more innovative. See our guest article in @spiegel.de, translated. 👇 www.hertie-school.org/en/news/allc...

Giving US researchers a new home

Amid growing pressure from the US government, Hertie School President Cornelia Woll co-authors op-ed arguing that German institutions have the opportunity to support world-class researchers.

hertie-school.org

I hear that many leading researchers currently based at US institutions are thinking of leaving the country. It seems to me a fantastic opportunity for Europe to make a big investment in research and attract those people to come here. 🇪🇺

What happens to companies who get more powerful institutional shareholders? CEO pay falls by a cumulative 60% over 5 years Top execs by 40% Striking endorsement of the view that strong shareholders help solve the principal agent problem Paper by Falato, Kim & von Wachter

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Agneta Berge, @agnetaberge.bsky.social, is by now probably Sweden's leading expert on the role of labour unions for the economy, with an exciting research agenda covering a broad range of important macroeconomic questions. Interested in those topics? Make sure to get to know her!

IIES, Stockholm University@iies.su.se · 2y ago

Introducing our #EconJMC @agnetaberge.bsky.social. In her #EconJMP “Two-tier collective wage bargaining in a frictional labor market” she develops a general equilibrium model of two-tier bargaining, where central negotiations are supplemented with local adjustments bit.ly/4eUBDgR #econsky 1/6

Should we subsidise the care for elderly people? Patrizia blends elegant theoretical with excellent empirical work to show that an increase of the subsidy in fact paid for itself. She is an enormously promising researcher. Check out her work!

IIES, Stockholm University@iies.su.se · 2y ago

Introducing our #EconJMC Patrizia Massner. In her #EconJMP “Should Elder Care Be Subsidized? Theory and Evidence from Sweden” Patrizia examines the impact of a 2002 elder care fee reform that lowered costs by 40% on average for 2/3 of Sweden’s municipalities. www.su.se/institute-fo... 1/6 #econsky

So the invisible hand doesn't always guide us to socially desirable levels of robustness. Just as no single driver can prevent a traffic jam, individual firms can't/don't do enough ensure the stability of the supply network. This raises some big policy questions (for a future thread) 14/

I just attended the annual meeting of the editorial board of the Review of Economic Studies. One message from the editors: REStud is interested in publishing the best work, no matter how short the articles are! If you have very good short papers, you might want to try REStud first.

I asked the students to work in groups for some minutes, and when standing in the class room to listen in, there was a guy sitting right in front of me playing a game on his phone. The fact that I was standing next to him did not bother him at all. What do you think is an appropriate reaction?

True story. Needless to say I am very excited and honoured the ERC decided to support my research agenda. Thank you so much to everybody who helped me along the way!

IIES, Stockholm University@iies.su.se · 3y ago

IIES Associate Professor Konrad Burchardi @konradburchardi.bsky.social has received a prestigious ERC Consolidator Grant for the project Agricultural Productivity and Technology Adoption in Sub-Saharan Africa (ADAPT). For more: www.su.se/institute-fo...

Three quick thoughts on today's Nobel Prize! First, it's such a wonderful, well deserved choice, honouring a person who shed light on an immensely important issue with curiousity and perseverance, and paved the path for others to join her in the endeavour.

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The EU is spending about 55 billion Euros a year (or 0.3% of GDP) on its agricultural policies, motivated in large part by the need to ensure food security in the event of crises. Should we maybe also be able to quickly scale up the production of weapons in the event of crises?