Lukas Freund
@lukasfreund.bsky.social
Macro + Inequality + Productivity | lukasfreund.com
An important channel for macro uncertainty is the interplay of financial & labor markets.
Uncertainty exerts downward pressure on asset values, discouraging vacancy posting and making it harder for workers to find jobs. Potentially inflationary.
Uncertainty exerts downward pressure on asset values, discouraging vacancy posting and making it harder for workers to find jobs. Potentially inflationary.
March 10, 2025 at 11:15 PM
An important channel for macro uncertainty is the interplay of financial & labor markets.
Uncertainty exerts downward pressure on asset values, discouraging vacancy posting and making it harder for workers to find jobs. Potentially inflationary.
Uncertainty exerts downward pressure on asset values, discouraging vacancy posting and making it harder for workers to find jobs. Potentially inflationary.
Great, topical paper by @cacilialipowski.bsky.social et al presented at German-Economists-Abroad2024:
👉 Innovative technologies spur acquisition of less routine, technology-complementing skills
👉Valuable addition to much research on task displacement
caecilial.github.io/ExpertiseAtW...
👉 Innovative technologies spur acquisition of less routine, technology-complementing skills
👉Valuable addition to much research on task displacement
caecilial.github.io/ExpertiseAtW...
December 21, 2024 at 11:23 AM
Great, topical paper by @cacilialipowski.bsky.social et al presented at German-Economists-Abroad2024:
👉 Innovative technologies spur acquisition of less routine, technology-complementing skills
👉Valuable addition to much research on task displacement
caecilial.github.io/ExpertiseAtW...
👉 Innovative technologies spur acquisition of less routine, technology-complementing skills
👉Valuable addition to much research on task displacement
caecilial.github.io/ExpertiseAtW...
Not a very encouraging picture painted in @cawley_john's post, further compounded by the data on EJM
December 10, 2024 at 12:23 AM
Not a very encouraging picture painted in @cawley_john's post, further compounded by the data on EJM
December 9, 2024 at 11:30 PM
Super interesting JMP by
@tbourany.bsky.social (@UChicago) studying the design of an "optimal climate club" in the presence of heterogeneous climate-change effects and free-riding incentives.
@tbourany.bsky.social (@UChicago) studying the design of an "optimal climate club" in the presence of heterogeneous climate-change effects and free-riding incentives.
November 19, 2024 at 3:21 AM
Super interesting JMP by
@tbourany.bsky.social (@UChicago) studying the design of an "optimal climate club" in the presence of heterogeneous climate-change effects and free-riding incentives.
@tbourany.bsky.social (@UChicago) studying the design of an "optimal climate club" in the presence of heterogeneous climate-change effects and free-riding incentives.
❓ What is the impact of "short-termism" for firms and the economy?
👉 Terry (2023, @ecmaEditors) argues that even though for *firms*, short-term profit pressures can improve value by restricting R&D, at the *aggregate* level, it tends to lower growth and social welfare.
#EconSky 📉📈
👉 Terry (2023, @ecmaEditors) argues that even though for *firms*, short-term profit pressures can improve value by restricting R&D, at the *aggregate* level, it tends to lower growth and social welfare.
#EconSky 📉📈
October 12, 2023 at 8:23 AM
❓ What is the impact of "short-termism" for firms and the economy?
👉 Terry (2023, @ecmaEditors) argues that even though for *firms*, short-term profit pressures can improve value by restricting R&D, at the *aggregate* level, it tends to lower growth and social welfare.
#EconSky 📉📈
👉 Terry (2023, @ecmaEditors) argues that even though for *firms*, short-term profit pressures can improve value by restricting R&D, at the *aggregate* level, it tends to lower growth and social welfare.
#EconSky 📉📈
💡steps toward bridging Keynesian & search perspectives in "A Theory of Non-Coasean Labor Markets" (Blanco, Drenik, Moser, Zaratigui), which can speak to inefficient job separations; those shape the impact of monetary shocks & can be identified using standard microdata.
#EconSky 📉📈
#EconSky 📉📈
October 7, 2023 at 10:21 AM
💡steps toward bridging Keynesian & search perspectives in "A Theory of Non-Coasean Labor Markets" (Blanco, Drenik, Moser, Zaratigui), which can speak to inefficient job separations; those shape the impact of monetary shocks & can be identified using standard microdata.
#EconSky 📉📈
#EconSky 📉📈
Super interesting paper by M Morazzoni (UCL), using a rich combination of micro data and theory to demonstrate how student loans interact with entrepreneurial dynamics & exploring policy implications. #EconSky 📉📈
🔗https://drive.google.com/file/d/1yplMDXtuomk_OLTABXiUx1ex3sMIpJ7C/view
🔗https://drive.google.com/file/d/1yplMDXtuomk_OLTABXiUx1ex3sMIpJ7C/view
October 4, 2023 at 7:41 PM
Super interesting paper by M Morazzoni (UCL), using a rich combination of micro data and theory to demonstrate how student loans interact with entrepreneurial dynamics & exploring policy implications. #EconSky 📉📈
🔗https://drive.google.com/file/d/1yplMDXtuomk_OLTABXiUx1ex3sMIpJ7C/view
🔗https://drive.google.com/file/d/1yplMDXtuomk_OLTABXiUx1ex3sMIpJ7C/view
"Worker Mobility in Production Networks" -- neat paper that brings together employer-employee data and firm-to-firm transactions to demonstrate the role played by production networks in shaping the job search and matching process. #EconSky 📈
🔗 steg.cepr.org/sites/defaul...
🔗 steg.cepr.org/sites/defaul...
October 3, 2023 at 8:57 PM
"Worker Mobility in Production Networks" -- neat paper that brings together employer-employee data and firm-to-firm transactions to demonstrate the role played by production networks in shaping the job search and matching process. #EconSky 📈
🔗 steg.cepr.org/sites/defaul...
🔗 steg.cepr.org/sites/defaul...
Fascinating new NBER WP by Bassi-Lee-Peter-Porzio-Sen-Tugume: novel perspective on firm size + productivity in developing countries.
🔢 Newly collected time-use data
👉Mnfg. firms in Uganda face barriers to labor specialization
💡 Limits firm size + productivity even absent external constraints
🔢 Newly collected time-use data
👉Mnfg. firms in Uganda face barriers to labor specialization
💡 Limits firm size + productivity even absent external constraints
October 2, 2023 at 4:24 PM
Fascinating new NBER WP by Bassi-Lee-Peter-Porzio-Sen-Tugume: novel perspective on firm size + productivity in developing countries.
🔢 Newly collected time-use data
👉Mnfg. firms in Uganda face barriers to labor specialization
💡 Limits firm size + productivity even absent external constraints
🔢 Newly collected time-use data
👉Mnfg. firms in Uganda face barriers to labor specialization
💡 Limits firm size + productivity even absent external constraints