Economist, Research Department, Bank of Israel. Co-organizer @VIMacro_org. AE @ IREF & IF. Previously @Harvard @ESSEC @SorbonneParis1. All views are my own.

Joined November 2017
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1,000 citations 🎉 Behind that number are co-authors who pushed my thinking, colleagues who challenged it, and every researcher who found something useful enough to cite. Grateful for the journey so far — and already looking forward to the questions still worth asking. 👇🏼
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Jonathan Benchimol retweeted
I have written papers debunking the works of half these authors (Raworth, Piketty, Hickel). All three for being sloppy (Piketty and Hickel), and/or self-contradicting (Raworth and Hickel), and/or outright incompetent (Hickel). References below:
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🇮🇱 Medical breakthrough in Israel: An 8-month-old baby became the first person in the world to receive an experimental gene therapy delivered directly into the brain to treat a devastating genetic disorder. The pioneering treatment, carried out at Clalit-Schneider Children's Medical Center, was the result of an extraordinary collaboration between Jewish and Arab Israeli medical professionals, researchers, and biotech innovators. A remarkable story of innovation, cooperation, and hope. 📸 Clalit Health Services/ Schneider Children’s Spokesperson’s Office
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Página 627, el mítico mapa de distribuciones de Casella & Berger!
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Excited to see this out. Grateful to the referees and editor for their excellent and constructive comments, which greatly improved the paper. Reposting the earlier 🧵 summarizing the paper:
Recently accepted by #QJE: “International Reserve Management Under Rollover Crises,” by Barbosa-Alves (@ba_mauz), Bianchi (@JavierBianchi7), and Sosa-Padilla (@cesarspa1): doi.org/10.1093/qje/qjag025
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1,000 citations 🎉 Behind that number are co-authors who pushed my thinking, colleagues who challenged it, and every researcher who found something useful enough to cite. Grateful for the journey so far — and already looking forward to the questions still worth asking. 👇🏼
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This milestone belongs to all of them — and to every reader who found my work worth building on. Thank you 🙏🏼 #research #economics #work #centralbanking #macroeconomics
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Reading this in the morning is so satisfying 🤩 I have never been disappointed by the students and friends I have helped and done research with — even when we did not always write or publish together. #mentoring #research #economics #studentlife #betterworld 1/3 🧵
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What stays with me is something else: their successes, their progress, their joy, the start of their academic or professional careers (most often in research), and the messages they send at different stages along the way. #EconX #EconTwitter #progress #academia 2/3 🧵
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These remind me, every day, what I am fighting for: to make this world better. That should be the goal of every #researcher, and it is achieved not only through what we write, but also through what we do. Life is hard, but so beautiful 💙 3/3 🧵
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I find this so beautiful, thank you @MATLAB and @DynareTeam
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Today I am posting Lecture 2 of my course on Geoeconomics at Oxford. It covers the history of the field and its open areas of research: dropbox.com/scl/fi/47mee9tm5… Since I am fond of the history of thought, I spent perhaps too many slides on it. But I have been reading about geoeconomics and grand strategy since high school. My love affair with the field began when I read Paul Kennedy’s The Rise and Fall of the Great Powers: Economic Change and Military Conflict from 1500 to 2000 in my junior year, and later, a book by two Spanish admirals that summarized the ideas of Alfred Mahan and Halford Mackinder. So I felt I could indulge myself. I also treat the German-language tradition in detail, since it is less familiar to English-speaking readers. Carl Schmitt, for instance, has gained prominence lately, whatever one thinks of him. One thing the slides leave out: in class, I spent a good deal of time outlining ideas for new papers. This is a growing field, and young researchers have ample scope to make substantial contributions. But those ideas, really suggestions, are harder to put on slides.
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I just finished teaching the first lecture of the course “Geoeconomics Uncovered: Theory Meets Evidence” at Oxford, so I decided to post the slide deck: dropbox.com/scl/fi/tjkm9g6ig… This was a 90-minute, big-picture lecture: what is geoeconomics, why does it matter, and what can economists do in this field? It draws on several plenary talks I have given over the past year, so you may have seen some of these slides before. But I have many new followers, and some are clearer than before. During the rest of the week, I will post more of these slide decks. The next one will be on the history of the field. PS: Oxford is such a lovely place. Unfortunately, a country that gave us Newton, Darwin, and Turing cannot keep escalators running at Heathrow.
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Excited to FINALLY release toughest most rewarding paper I've worked on... ….we attack a 150 year old Walras question that's gone unanswered, not for lack of trying (Hicks, Samuelson, Arrow; our chances?😱)... Q: Is the market equilibrium stable or unstable?¯\_(ツ)_/¯ 🧵
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I am not kidding when I say this might be the most important paper in theoretical economics this century. I have been waiting a long time to see it shared and I’m very excited the authors have now released it. Definitely take your time and read it!
Excited to FINALLY release toughest most rewarding paper I've worked on... ….we attack a 150 year old Walras question that's gone unanswered, not for lack of trying (Hicks, Samuelson, Arrow; our chances?😱)... Q: Is the market equilibrium stable or unstable?¯\_(ツ)_/¯ 🧵
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Authors can't be trusted to run their own robustness checks. In 17 AER papers, only 12/211 robustness checks "fail" with p > 0.05 (white). In robustness checks chosen by 3rd parties, almost *half* of them fail (blue). 1/
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More generally, as beautifully shown by @mileskimball the sensitivity of this second derivative (or the size of the third derivative!) capture the strength of prudence. Much like the sensitivity of the first derivative captures risk aversion. 14/n
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RT @Benchimolium: 🚨 Public Good Alert 🚨 Two years of development. Zero funding. 𝟲,𝟲𝟵𝟯 𝗼𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝘀𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀 𝗳𝗿𝗼𝗺 𝟱𝟭 𝗰𝗲𝗻𝘁𝗿𝗮𝗹 𝗯𝗮𝗻𝗸𝘀. #TextData
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What are the implications of bounded rationality for monetary policy, when economies are hit by supply shocks? Does myopia help central banks in the long run? In a short note with @BoncianiDario, @Masek_F and Paolo Nanni, we provide an answer. 🧵#econtwitter 1/8
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Imagine writing a PhD thesis so foundational that the title is literally just the name of the entire field of study. ​Paul Dirac, 1926: "Quantum Mechanics."
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