Benjamin Schoefer (@Schoefer

Benjamin Schoefer

475 posts

Benjamin Schoefer

@Schoefer_B

Economics professor at UC Berkeley. 🇺🇸🇪🇺🇩🇪 eml.berkeley.edu/~schoefer/

eml.berkeley.edu/~schoefer/

Joined May 2020

Benjamin Schoefer
@Schoefer_B
Aug 10, 2022
I am thrilled to have been promoted to Associate Professor with tenure at UC Berkeley. I am deeply grateful to the fantastic coauthors, mentors, research assistants, advisors, students, colleagues, editors, and reviewers I am lucky to have had.I'll try my best to pay it forward.
Benjamin Schoefer
@Schoefer_B
Jul 28, 2025
New paper: "What Does Consulting Do?" w/ Gert Bijnens, @simon_jaeger Consulting is a storied but opaque industry. Our VAT-based B2B data permit the 1st comprehensive study: Which firms buy consulting? What happens when they do? nber.org/papers/w34072 eml.berkeley.edu/~schoefer/scho…
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Benjamin Schoefer
@Schoefer_B
Nov 10, 2022
What would happen if we prohibited part-time jobs? @PaulineCarry, a labor and macroeconomist on the market, paulinecarry.com gives the answer in her fantastic JMP: drive.google.com/file/d/1xz-Mer… She studies a 2014 reform in France that required jobs to offer at least 24h/week.
Benjamin Schoefer
@Schoefer_B
Jan 16, 2024
Now online at the @QJEHarvard in its final version: "Worker Beliefs about Outside Options" w/ @simon_jaeger , Christopher Roth, @NinaRoussille Link to PDF: academic.oup.com/qje/advance-ar…
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Benjamin Schoefer
@Schoefer_B
Dec 15, 2020
Pascal Michaillat (@pmichaillat) created a fantastic public good: a wonderful & comprehensive overview of macro-labor/search&matching models of the labor market, w/ notes&videos: pascalmichaillat.org/t1.html UI, payroll taxes, min wages, business cycles--all in one coherent framework!
Benjamin Schoefer
@Schoefer_B
Oct 19, 2023
New work in progress: I will direct the new Macro Labor Center at @IRLEUCB @berkeleyecon. I look forward to building it up as a hub for research at the (many!) intersections of macro & labor econ, policies, institutions. Stay tuned! irle.berkeley.edu/research-cente… eml.berkeley.edu/~schoefer/MLC/
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Benjamin Schoefer
@Schoefer_B
Feb 15, 2022
Infinitely happy for my friend, @simon_jaeger @MITEcon, to be awarded a @SloanFoundation Research Fellowship, recognizing the "most promising scientific researchers working today" & "next generation of scientific leaders." CONGRATULATIONS!🎉🥳 #sloanfellow economics.mit.edu/faculty/sjaeger
Sloan Foundation
@SloanFoundation
Feb 15, 2022
Introducing… the winners of this year’s Sloan Research Fellowship! These extraordinary researchers represent some of the most exciting young minds working today—and we are thrilled to support them. Meet the winners here: sloan.org/fellowships/20… #SloanFellow
Benjamin Schoefer
@Schoefer_B
Mar 31, 2022
I am thrilled to have joined the Editorial Board of the Journal of Monetary Economics as an Associate Editor. I look forward to working hard, fast and fairly in this role, as part of this amazing team: sciencedirect.com/journal/journa…
Benjamin Schoefer
@Schoefer_B
Oct 15, 2023
How many jobs are "deadwood"? Which ones? Where? What role do firing costs and employment protections play? In our new paper (w/ David @SeimSeim, Emmanuel Saez), we find some answers: Deadwood Labor: The Effects of Eliminating Employment Protection PDF: eml.berkeley.edu/~schoefer/scho…
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Benjamin Schoefer
@Schoefer_B
Jul 24, 2020
An amazing, tragically short life. Emmanuel Farhi, one of my PhD advisors, was a genius. We talked just six weeks ago. He intended to interview me on labor supply, but I was the one who learned more, as always. He seemed his unstoppable self then -- as whom I will remember him.
Benjamin Schoefer
@Schoefer_B
May 2, 2023
Congratulations, @gabriel_zucman @berkeleyecon , on being awarded the 2023 John Bates Clark Medal, for his "fundamental contributions to the field of public economics," on "tax evasion," "economic inequality," and the "design of tax systems." Fantastic! aeaweb.org/about-aea/hono…
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Benjamin Schoefer
@Schoefer_B
Aug 27, 2021
How does wage rigidity deepen recessions? In "The Financial Channel of Wage Rigidity," I argue that WR squeezes firms' financial resources---due to rigid inframarginal (incumbent workers') wages (rather than marginal/new hires' WR). Update of my 2015 JMP: eml.berkeley.edu/~schoefer/scho…
Benjamin Schoefer
@Schoefer_B
Dec 24, 2021
New paper: "Worker Beliefs about Outside Options" @simon_jaeger @cp_roth @NinaRoussille + I We find: workers, esp in low-wage firms, underestimate wages elsewhere. A model links such misperceptions w/ employer monopsony & wage dispersion. Comments welcome: eml.berkeley.edu/~schoefer/scho…
Benjamin Schoefer
@Schoefer_B
Nov 24, 2024
Excited to share a new paper w/ Matthias Mertens: From Labor to Intermediates: Firm Growth, Input Substitution, and Monopsony We document, dissect, understand, draw consequences of a new stylized fact about firm growth: the shift from labor to intermediate inputs. Summary:
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