Joe Hazell
@JADHazell
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@LSEEcon assistant prof, macro
London
Joined December 2012
🚨🚨🚨 Excited to release a working paper "Do Deficits Cause Inflation? A High Frequency Narrative Approach" with superstar LSE PhD student @sj_hobler 🚨🚨🚨 Summary of the paper: (1/15)
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Terrific pre doc opportunity👇 send your CVs!
Macro at LSE is hiring pre docs for September 2025! Come and work in the best city in the world, on cutting edge macro with me, Ethan @ilzetzki, Ricardo @R2Rsquared, Matthias (@mdoepke) and Ben @ben_moll! Past predocs have gone to places like Harvard, LSE and Northwestern.
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Predoc opportunity with dream macro team
Macro at LSE is hiring pre docs for September 2025! Come and work in the best city in the world, on cutting edge macro with me, Ethan @ilzetzki, Ricardo @R2Rsquared, Matthias (@mdoepke) and Ben @ben_moll! Past predocs have gone to places like Harvard, LSE and Northwestern.
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The macro crowd @CFMUK at @LSEEcon is hiring our pre docs for next year. See below how to apply. It is a landmark year for us as our very first predoc, @AdriCouturier hits the academic job market this year (check out his excellent work!)
Macro at LSE is hiring pre docs for September 2025! Come and work in the best city in the world, on cutting edge macro with me, Ethan @ilzetzki, Ricardo @R2Rsquared, Matthias (@mdoepke) and Ben @ben_moll! Past predocs have gone to places like Harvard, LSE and Northwestern.
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Here is a link to the posting: https://t.co/2RrUaQl6Pk cc @econ_ra
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Macro at LSE is hiring pre docs for September 2025! Come and work in the best city in the world, on cutting edge macro with me, Ethan @ilzetzki, Ricardo @R2Rsquared, Matthias (@mdoepke) and Ben @ben_moll! Past predocs have gone to places like Harvard, LSE and Northwestern.
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I like this Econ paper because it correctly describes what actually happens.
Bursting with happiness to see my job market paper out in this month's issue of the American Economic Review! We find that wages for newly hired workers are rigid in nominal terms, especially after contractions. Here is an earlier thread on the paper:
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Bursting with happiness to see my job market paper out in this month's issue of the American Economic Review! We find that wages for newly hired workers are rigid in nominal terms, especially after contractions. Here is an earlier thread on the paper:
🎉🎉🎉 My job market paper "Downward Rigidity in the Wage for New Hires" (w/ @Bledi_Taska) has been conditionally accepted by the American Economic Review! 🎉🎉🎉 A summary: (1/9)
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Fantastic to see 3 @LSEEcon PhD students (Anton, Johannes and Lukas) win the EEA UniCredit best job-market award 🏆🏆 Check out their full profiles here:
lse.ac.uk
Home page of the PhD Job Market section, current job market candidates LSE economics
@UniCreditEurope Foundation announces winners Econ JM Best Paper Award. 140 + applications received. Congrats Anton Heil @Ele_Pellegrini
@GBonfantiEcon @JohannesIMatt Lukas Wiedemann, @RuzzanteMatteo Mohamad Adhami & @kaytansevin ℹ️ https://t.co/5fD0cuCvdh
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1/ Hi, my name is Isaac Martinez. I am a PhD student in Economics at the LSE, and I wanted to share something personal. On July 6, 2025, I suffered a stroke while I was finishing my PhD. It was completely unexpected and changed my life. #EconTwitter #EconJobMarket
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Please support our PhD student Isaac 🙏 https://t.co/A9ViwHIRlm
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Also, Michigan household inflation expectations are alarmingly high—traditionally a good indicator of coming inflation cf. Coibion-@YGorodnichenko and Beaudry-Hou-@FpjPortier. Very concerning.
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PS: as you will see from his website, Stephan has many excellent papers (and one less excellent paper coauthored with yours truly 🫢) https://t.co/BQZe5wnmXl (6/5)
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This is a great paper! I find the key idea compelling—search frictions determine diffusion—but Stephan goes many steps further, with a rich model, a careful calibration, and exciting applications. (5/5)
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The model also invites interesting counterfactuals such as how labor market institutions affect diffusion. For instance the model contributes how fluidity in US labor markets (compared to Europe) raises diffusion. (4/5)
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He calibrates the model with cool resume data on the spread of AI across firms. The goal is studying transitions when "radical" technology emerges. The model matches elusive facts such as the well known S shaped pattern of diffusion. (3/5)
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Stephan sets up a model in which workers learn on the job about using technology. This knowledge can be transferred to other firms, leading less advanced firms to poach workers from the frontier. (2/5)
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Stephan Hobler (@sjhobler) is on the market! A long-standing idea is that growth happens through diffusion of radical technologies. Stephan's view: technology is embodied in workers, so search frictions in the labor market determine diffusion and growth. (1/5)
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@JADHazell @GuaschRusinol If you are looking for a talented a promising macro-economist, please look at @GuaschRusinol's job market paper. https://t.co/JESUQqAmJF
sites.google.com
CV | Email | Linkedin | Twitter
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You should take a close look at this paper. The question is first order, the main insight rings true (to me), and Marta makes a great case with facts, causal evidence, and a structural model. (5/5)
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