I’ve collected most of my threads here. Perhaps this is of interest to some of you.

Elena Aguilar’s (@tag_elena) job market paper studies location choices as a human capital investment. High-opportunity cities like New York offer superior learning environments but require paying high upfront housing costs. https://t.co/ysMrlbFpkL

Longer form version.

Taking a victory lap for my coverage of young voters over the last yr. I’ve argued that Trump’s 2024 gains with voters <30 stemmed mostly from anti-incumbent sentiment from high inflation — and “GOP gains” /a supposed youth realignment was mostly a mirage. https://t.co/ZFr4J742OQ

this article will publish tomorrow at 7:30 am

🚨1/N Really excited to announce a new working paper, “Interviews” 🚨 We demonstrate that interviews allow workers to screen firms and preview whether the job is a good match for them—using ~500k Glassdoor reports + a randomized field experiment. 🧵

How can you sustain debt/gdp ratios >>200%? at least for a while. By running a sovereign wealth fund with borrowed money, with 2 ingredients. 1⃣financial repression: relying on low-rate policies that tax depositors to keep your funding costs low, 2⃣risk-taking: earning a spread

For what it is worth, I think the push for a fiscal union is unhelpful, if not outright dangerous in that it has the potential to undermine the integration that has been achieved. Instead, the main focus should be on completing the single market. To be https://t.co/3PHh4qgVEe

Tonight at @HarrisPolicy: Why Economic Inequalities Endure. For decades, Sam Bowles has challenged how we think about economics, democracy, and inequality. Ahead of his talk, hear him compare capitalism and democracy on The Inequality Podcast. Listen → https://t.co/OxfKnTYvqu

The issue in global economics today is sovereign debt. Did you know that a lot of EM sovereign borrowing is (again) happening in loans rather than sovereign bonds, thanks to China. What does this mean? https://t.co/JHPNa1HAkU

Such a great paper! Francis, David C., and @rmkubinec. 2025. ‘Beyond Political Connections: A Measurement Model Approach to Estimating Firm-Level Political Influence in 41 Countries’. @PSRMJournal

Joanna Harris’ research has pushed her into a very interesting and ambitious problem. What is the impact on green production and location when states enact laws limiting fossil fuel emissions? Her analysis includes extensive empirical work and a structural model to interpret the

Glad this paper with @guido_imbens is out in the JEP. The LaLonde paper has had a big impact on my academic journey and continues to teach us about the challenges and possibilities of conducting credible inference using nonexperimental data. https://t.co/XqSsjvYYwU Many thanks

clear: I recognise that there are good economic rationales for fiscal centralisation (see below by @FlorinBilbiie, @monacelt, and Perotti), but I am not (yet) convinced that, in a political equilibrium, the gains from centralisation outweigh its https://t.co/U0pgt38CH5

Calls to break the euro are back in vogue so I decided to write again on why Bulgaria is joining now and how it helps us – with better ratings, saving costs and improving our EU representation. The euro is a vital geopolitical step, but not a panacea if u have bad policies. 1/n

New newsletter: Democrats have a new winning formula. It’s the affordability theory of everything. 1. Cost of living is too high. 2. Blame Trump. 3. [My idea goes here] The ATOE has some subtle advantages. It’s a big tent strategy. Shifting their messaging from cultural issues

New at JIE: "Fiscal policy design in collateral-constraint economies: The role of commitment", by Paolo Varraso (@PaoloVarraso) https://t.co/sGSFce2Y2S

I wrote about automation and the meaning of life, as a guest post on Scott Aaronson's Shtetl-Optimized. https://t.co/qJKnJIJTPg

Approaches to the Study of History Lloyd offers this useful figure that organizes strands of research in the study of history according to their ontologies (materialism vs idealism, holism vs individualism) & epistemologies (empiricism vs realism).

costs (both the transition and steady state costs). There just is not enough popular support for a fiscal union in the "North". Perhaps this will change at some point, but for the time being I am sceptical.

clear: I recognise that there are good economic rationales for fiscal centralisation (see below by @FlorinBilbiie, @monacelt, and Perotti), but I am not (yet) convinced that, in a political equilibrium, the gains from centralisation outweigh its https://t.co/U0pgt38CH5