Earlier job transformations may hold clues for how fast the labor market will adapt to the latest #AI technology revolution, suggests Chicago Booth’s Rodrigo Adão, Massachusetts Institute of Technology (MIT)’s Martin Beraja, and UT-Austin Economics’s Nitya Pandalai-Nayar. ms.spr.ly/6010YVWpn

Efectos especiales 🎩 + #GolesQueNoTePuedenFaltar ⚽️ = compilado deluxe. Como para verlo vestido de etiqueta. Con saco y corbata. Disfruten.

Demichelis aprendió de Gallardo. En vez de “jugar mal fue parte de la estrategia,” Micho arma malos equipos para que despues le aplaudan los cambios que hace. 🧐

The odd monetary split in Yemen continues. The official Yemeni rial (in orange) recently fell to a record low against the dollar whereas the rebel-controlled rial (in blue), which is made up of a fixed supply of banknotes printed prior to 2016, continues to appreciate.

The NBER September AI meetings will focus on political economy. Submit your papers here: nber.org/calls-papers-a…

Help from the #EconTwitter crowd, please.

I am looking for examples of applied theory papers (macro or micro) with a short section at the end that discusses/interprets some evidence through the lens of theory.

No quantification or fancy empirics. Just figures/tables with the…

PACTO DEL 25 DE MAYO

The IPF diagram builds on this core paper with my co-authors Suman Basu, Emine Boz, Francisco Roch & D. Filiz Unsal, which derives optimal policy with financial frictions. The (simplified) equations underlying the diagram follow from this paper. imf.org/en/Publication…

``Slowing down automation can be justified on efficiency grounds when it displaces workers who are financially vulnerable.''

Recently accepted paper, from Martin Beraja and Nathan Zorzi:

restud.com/inefficient-au…

Just incredible... These two individuals, their connection through circumstance; their letters brimming with humor right out of a Russian literature classic.

Take 5 minutes, and read them. Well worth your time.

1/n: There are some academic papers that are so brilliantly and so accessibly written and so universal in scope that they transcend disciplines and stand as timeless testaments to both great thinking and great writing. Here's a short personal selection:

I collect sentences I wish I wrote.

Here are 7 to make ya think - all from fiction:

1. Zora Neale Hurston, Their Eyes Were Watching God

What Football Heaven looks like. At the end of your career, you meet with your friends again and play a couple more seasons together.

Neymar Jr, estamos esperando por você…

Never thought I would see the president of Argentina Javier Milei explaining ideas by Oded Galor, with a sprinkle of directed tech change Daron Acemoglu and population scale effects Chad Jones

A Brief History of America is in Decline Like The Roman Empire

🧵

A new year's gift. Solow on Solow. Take the time. infinite.mit.edu/video/robert-m…

A propósito del DNU de Javier Milei, me puse a buscar qué sabemos sobre los efectos macro de la desregulación, tanto en el corto como largo plazo.

Me gustó este paper de Olivier Blanchard y Giavazzi. Tiene algunos lindos resultados; en particular sobre la diferencia entre sacar…