Chris Conlon
@conlon_chris
Followers
6K
Following
8K
Media
238
Statuses
3K
IO Economist @NYUSternEcon.
Manhattan, NY
Joined October 2011
RT @austinahlman: kinda crazy in retrospect how many people took it as gospel truth that democrats would shift right if Trump won.
0
69
0
RT @atrupar: BRENNAN: I was asking you about consumer prices & what people will pay when they go to the store. LUTNICK: They'll be shocking….
0
1K
0
RT @YaleCowles: The 2025 Models and Measurement Conference begins today! It is the fourth in our series of Cowles Summer Conferences at Yal….
0
7
0
Today in Robinson-Patman Act enforcement news:
law360.com
The Republican-controlled Federal Trade Commission on Thursday dropped one of the last cases approved by agency Democrats before they handed over the gavel, abandoning a New York federal court...
1
1
6
Today in "equilibrium how does it work?" news. This is why you need to teach strategic complements/substitutes in intermediate micro folks.
“Some firms that haven’t faced tariffs are also raising prices because their competitors, who do face tariffs, have raised prices.” cc: @IsabellaMWeber.
7
28
196
RT @GGowrisankaran: Thread on my forthcoming JPE paper with @ProfALanger and Wendan Zhang. Looking forward to seeing this in print!”.
0
1
0
RT @NYUSternEcon: Congratulations to our colleague Giulia Brancaccio, who has been awarded the prestigious Carlo Aberto Medal! @giulia_bran.
0
7
0
Turns out the money was marketing the t-shirt, not manufacturing it !.
2
0
7
Now that people don’t work in T-shirt factories they have time to pursue careers as highly paid social media creators for one.
so many center & left have dunked on these charts with cartoon memes of americans sewing cloth. ok sure ha ha fair. but what good service economy jobs did we give these people? we didnt!. 'go to college you hicks' was the message. i know because i repeated/had that attitude at 14
2
0
10
CAPEX. Huh, yeah?.Where does it come from?.Absolutely nowhere.
Profit margins for Weapon and Ammunition at Rheinmetall went up from 23% to 28.5% from 2023 to 2024. Of every Euro in public money spent on weapons from Rheinmetall, the company makes 28.5% return on sales, quite spectacular even compared to other Rheinmetall business.
1
0
2
RT @wedwinthe3rd: Eighteenth Annual Microeconomics Conference | Federal Trade Commission. Call for papers for next FTC Microeconomics confe….
ftc.gov
The Federal Trade Commission's Bureau of Economics and the Tobin Center for Economic Policy at Yale University will host the 18th Annual FTC Microeconomics Conference on November 13 and 14, 2025 in
0
4
0
This is less taught in econometrics classes but I still think this is the wildest result in 20th century statistics. I remember Carl Morris showing our class this and almost nobody believing him.
The simplest things in statistics can be deceiving. Let. 𝐲 = θ + σ e . where e ~ 𝒩(0,𝐈) is d-dim. You’d think the maximum-likelihood would be good estimate of θ, but you’d be wrong. James-Stein dominates ML in the mean² sense - as long as d ≥3. Counterintuitively, Stein's
0
0
21
But let's be clear -- "preserving profit margins" or similar will pale in comparison to reductions in quantity sold. In the longer run margins and quantity sold will decline. The best test is to ask in a few months if companies lobby to keep the tariffs or get rid of them! 3/3.
0
5
44
Just keep this in mind three months from now when we read reports of "companies took advantage of tariffs to increase profits". Companies will react to changes in marginal cost (including opportunity costs), it is that the accounting costs don't get updated with the tariffs. 2/.
2
7
52
Profits Note: If firms believe tariffs will last they will raise prices today. The economic cost is no longer the price they paid last month, but the cost of replacing goods today. This may lead to a brief increase in accounting profits, even though economic profits decline 1/.
3
33
152
So excited to have @jeff_gortmaker joining us at @NYUSternEcon!.
My job market's done, and I'm heading back to the NYC area! Excited to join @PrincetonEcon as a postdoc next year and @NYUSternEcon as an AP in 2026. In a happy twist of fate, this means @conlon_chris and I will be colleagues exactly 10 years after our first PyBLP commit:
1
1
101
