Pete Klenow
@PeteKlenow
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Economics professor
Stanford, CA
Joined April 2012
So glad this is out. Our tribute to Bob Lucas at the JPE.
The November issue of JPE is now available at https://t.co/PSq6NTb5kJ. This issue features an In Memoriam to Robert E. Lucas Jr.--a tribute to his lasting impact on economics and as JPE editor. Contributors include T. Sargent, F. Alvarez, B. Jovanovic, and N. Stokey. #econtwitter
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Think foreign companies pay U.S. tariffs? Think again. In this episode of Ask The Judge, Justice Daniel Kelly explains why American importers — and ultimately, consumers — end up footing the bill for tariffs on imported goods.
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Economics Journals as Tennis Tournaments 🧵(for an extremely niche audience) Quarterly Journal of Economics = Wimbledon The oldest and most influential event, but also clubby, snobby, and elitist. To win it you must train on a very particular surface/ZIP code.
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I’m delighted to receive this award! Janet Yellen has been a great inspiration for me. Thank you to the @sffed for the honor and encouragement!
Congratulations to Adrien Auclert @a_auclert, SIEPR senior fellow and the recipient of the @ssfed's inaugural Janet Yellen Award for Monetary Research for his early-career work in monetary economics! Link 👇 on Auclert's path into #economics and about his work. #MonetaryPolicy
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BREAKING NEWS The Royal Swedish Academy of Sciences has decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth” with one half to Mokyr
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Version 11.0 of the Penn World Table has just been released. You can download the data and documentation here: https://t.co/2T2sxt5ISX. This new version covers 185 countries and the period 1950-2023
rug.nl
Penn World Table (PWT) 11.0 release, a database with information on relative levels of income, output, input and productivity, covering 185 countries...
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Stanford professor warns of a sharp decline in jobs (ft. Pete Klenow at ... https://t.co/qZWAm2oeip via @YouTube
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The economy could grow faster if government policy could reallocate R&D towards innovative firms (with big spillovers) and away from with high markups due to high process efficiency, from Philippe Aghion, @a_bergeaud, Timo Boppart, @PeteKlenow, and @Huiyu_Li
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Thousands of people map the world with Over the Reality. New friends are joining us. 🤖 Watch this Unitree Go2 robot dog capture camera feeds and generate a 3D map. This is just the beginning. An early test. But soon, fleets of robots will autonomously map the world,
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Honored and excited to be a new editor for @RevEconDyn! 🎊 Looking forward to reading your great papers!!🤓
Join us in welcoming our three new editors Alessandra Fogli, @Simon_Mongey, and @InaSimonovska! We are so excited to have them join us!
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Trump’s firing of the BLS commissioner was a big mistake
washingtonpost.com
It will compromise policymakers’ ability to analyze the economy and ensure prosperity.
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Don’t miss George Akerlof’s OpEd in New York Times @nytimes on the perils of American democracy. https://t.co/QRV1NvxRw9
nytimes.com
Most children learn at some point that flipping the board doesn’t make them the winner.
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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
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A 30 minute video summarizing my research on "Artificial Intelligence and Economic Growth"
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Around 4 percent of GDP was spent to mitigate deaths from Covid-19; AI's existential risk is arguably at least as large, from @ChadJonesEcon
https://t.co/JmtcdkKaMK
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Actually, it emerged from the EEC which the US wanted formed as a condition of Marshall Plan aid
'The European Union was formed in order to screw the United States, but now I am president.' US President Donald Trump talks about EU tariffs that he will impose in his first cabinet meeting. He says 'it will be 25 percent in most cases'. https://t.co/fHqGBwgmE1 📺 Sky 501
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Truly honored to be awarded this prize together with my amazing coauthors @chrisedmond and @virgiliu79. Bob Lucas has long been an academic hero and a great source of inspiration to me — receiving this prize in his name is so amazing. Thanks @JPolEcon committee!
The JPE is pleased to announce that the Robert E. Lucas Jr. Prize for 2025 has been awarded to Chris Edmond, Virgiliu Midrigan, and Daniel Xu for “How Costly are Markups?” Read about the prizewinning paper here: https://t.co/Mb0EIscY9j.
@chrisedmond @virgiliu79 @DanielYiXu
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Amazing day “Celebrating the Work of Bob Hall” at @HooverInst ranging from Hall-Jorgensen user cost & investment to key macro-labor insights to Hall-Rabushka flat tax. Bob also led NBER recession dating committee & EFG group & coined “saltwater” vs “freshwater” & “Shimer Puzzle”!
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The cost of starting firms tends to rise along with economic growth, thereby limiting the impact of productivity-enhancing policies on firm entry, from @PeteKlenow and @Huiyu Li https://t.co/mtPMz3rKWx
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A permanent increase in temperatures will lower the level of GDP per capita, but not its long-run growth rate, in affected countries, from @Ishan_Nath, Valerie A. Ramey, and @PeteKlenow
https://t.co/OfrZw0faKO
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