In week 7 of One Extra Year, the fabulous @pilossopher shares her incredible feat of birthing and raising 2 children, nearly dying from an ectopic pregnancy and getting tenure @DukeEcononeextrayear.substack.com/p/…
SITE Conference — call for papers
Gregor Jarosch, Richard Rogerson, Isaac Sorkin and I are organizing a SITE session on the "micro and macro of labor markets", August 4-5 in Stanford.
Please send us your papers by May 19!
economics.stanford.edu/site/…
The recent papers on AI & labor are potentially so important, that I wanted to put some thoughts out there probing the edges of its robustness.
Canaries in the Coal Mine finds almost immediate slowing of hiring among early career workers in occups exposed to AI after ChatGPT 1/
New life achievement unlocked: our work on optimal hours (with Jarosch and Swaminathan) in @TheEconomist (economist.com/business/2025/…). Favorite part is this sentence which is sooooo Gregor:
Woo! Started this paper in 2018 (!!) finally we've made it here ~7 years later. Very proud of this one! Reminder to be committed to a topic before you decide to work on it 😍
New paper by @pilossopher, @davide_melc & Lewis estimates the distribution of spending responses to stimulus payments. MPCs are heterogeneous, with observables explaining 8% of the variation, highlighting the crucial role of latent heterogeneity
restud.com/latent-heterogene…#REStud
Stuck on a tarmac, so a great time to post about our newly updated MPRD paper (see x.com/davide_melc/status/195… for a previous summary). What’s new? 1/n
Low net wealth-to-income households repay debt with stimulus checks rather than consume. Debt-price schedules rising with debt explain this, altering the nature of fiscal stimulus, from @gizemkosar, Davide Melcangi, @pilossopher, and @david.wiczer nber.org/papers/w34399
🚨Excited to share our short paper “How Retrainable are AI-Exposed Workers?” w/ @BenLahey, @KarenXNi, @pilossopher, on how training programs affect workers highly exposed to AI prior to job loss, and those targeting AI-intensive jobs after training. nber.org/papers/w34174. 1/🧵