Patrick Schneider
@patricksecon
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Assistant Professor in economics at Imperial Business School Formerly @LSE, @bankofengland, @Uniofoxford, & @UNSW
London
Joined January 2017
Bank failures have highly uneven effects across firm sizes, with implications for economic inequality. A 🧵 on what we found analyzing 36 million loan records over three decades:
First National Bank of Lindsay Oklahoma failed on Oct. 18. Few noticed, but that's not necessarily a bad thing. It's a sign that the FDIC is following the law that protects Americans and resolves banks in the least costly manner, @Aarondklein writes. https://t.co/V1PLX7t17z
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🚨JMP🚨 How do digital marketplaces reshape entrepreneurship? Using 14+ datasets, I examine the impact of food apps in the UK. Takeaway: they democratize access, benefit small, independent, and minority entrepreneurs & enrich consumer diversity 🧵👇 #EconTwitter #EconJobMarket
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Intimate Partner Violence (IPV) against women worldwide is a major public health and inequality concern. It's not clear what causes IPV, or how to reduce it. Gaby Deschamps' JMP notes that IPV is positively correlated with motherhood, and asks if we can understand why.
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We still have a relatively poor understanding of the relationship between research and policy. Program evaluation in particular is often motivated by a desire to make policy better. But how effective is program evaluation itself? Michelle Rao's JMP tackles this question.
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New Research! "Bad Bank, Bad Luck? Evidence from 1 Million Firm-Bank Relationships" We build a large novel dataset on US bank-firm relationships to ask the question “How do bank failures affect small businesses?” This is my job market paper! #econtwitter #finance #banking
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I haven't said anything on the Chancellor's CV discussion (I was travelling and didn't pay deep attention). I spoke to @jagjit_chadha but now non-economist friends have mentioned it to me so I wanted to say publicly what I have said to them privately: This is a ridiculous attack.
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Hey, I’m on the market this year! Here’s a thread about my JMP. TL;DR: Labour market power leads to substantial losses in aggregate productivity. Keep reading if you’re interested in misallocation, technology diffusion, and regional disparities (you should be!).
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🚨 Excited to share my job market paper! “Cash transfers and women’s labour supply: evidence from the world’s largest programme” ( https://t.co/o9m1txSOzH) It has been awarded the EEA/UniCredit Foundation’s Best JMP Award. A thread summarising my findings 👇(1/13)
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🧵 New paper uses AI to map global production networks & study recent shifts in global trade: "AI-Generated Production Networks" by @fetzert, @pjlambert, @bennetlf & @Prashant_Garg_ (1/14)
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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, @ilzetzki, @R2Rsquared, @mdoepke and @ben_moll. Past predocs have gone to places like Harvard, LSE and Northwestern. https://t.co/cBdznWii1Y
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Thrilled to see The Child Penalty Atlas come out in @RevEconStudies! This has been an incredibly exciting and important project to work on, joint with my amazing co-authors Henrik Kleven and @landais_camille. The Atlas data is available on our website:
Recently accepted to REStud, ``The Child Penalty Atlas" quantifies the unequal effects of parenthood on men and women’s employment in 134 countries. From Henrik Kleven, @landais_camille & @LeiteMariante: https://t.co/Ql5vKcKIia
#Fertility, #Childcare, #Children, #Youth
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Why can’t Britain build anything anymore? The news this week of the £100m ‘bat tunnel’ gave us some clues. Here’s the story of this tunnel, which has been 12 years in the making, and some thoughts on what it tells us
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I have an idea for the universal tariff: let's impose tariffs on all transactions, border or no border (definitely including the border), but let's be business-friendly by allowing credit against tariffs on sales for tariffs paid on inputs
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I still think on the economic merits that trading full employment for a little inflation is great, but the old heads of the Volcker and Greenspan eras who understood even moderate inflation to be political anathema unfortunately seem to have been correct, at least politically.
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It's that time of year! We're launching the Applicant Mentoring Programme aimed at getting people from under-represented backgrounds into PhDs in Economics and based out of Cambridge, LSE, Oxford, UCL and Warwick. Please encourage anyone interested to apply.
We're thrilled to announce the re-launch of the Applicant Mentoring Programme (AMP) for individuals applying to PhDs in Economics. Read on to find out more ➡️(1/7): 🔗 https://t.co/d7AuqE3bYa
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We're thrilled to announce the re-launch of the Applicant Mentoring Programme (AMP) for individuals applying to PhDs in Economics. Read on to find out more ➡️(1/7): 🔗 https://t.co/d7AuqE3bYa
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Why isn’t there a central webpage, whereby all job market candidates can upload a link to their papers, websites & topics? Departments could then search for desired specialisms. This would be a fantastic public good, Expanding on the initiative of @jenniferdoleac.
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