Thomas Bourany (@TBourany) / X

Thomas Bourany

393 posts

Thomas Bourany

@TBourany

Postdoc @columbia_econ🦁 AP @EIEF_Rome🏛 PhD @UChi_Economics Macro📈/Climate🌱/International Trade🌎 Alumn @sciencespo📖 @Sorbonne_Univ_📊 From Paris🍷🇫🇷🇪🇺

New York City

thomasbourany.github.io

Joined January 2021

Pinned
Thomas Bourany
@TBourany
Nov 19, 2024
I'm excited to share my JMP "The Optimal Design of Climate Agreements" where I study carbon taxation and trade tariffs in the presence of free-riding incentives and inequality, which is related to current discussions on trade policies and climate action #EconTwitter #COP29 🧵1/10
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Thomas Bourany
@TBourany
Oct 5, 2025
[Reading Group IP week 3] This week, we discussed the 2024 article by R. Juhász, N. Lane, and D. Rodrik "The New Economics of Industrial Policy". They survey the literature and argue for a more nuanced opinion on government interventions 1/6
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Thomas Bourany
@TBourany
Sep 2, 2025
This semester, we'll organize a PhD reading group on Industrial policy at @columbia_econ, with CBS, SIPA, and CPE, with @luchi_casal and Filip Milos (both postdocs at CBS) We'll cover recent advances in IP at the intersection of macro, growth, firm dynamics, trade-spatial, public
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Thomas Bourany
@TBourany
Aug 28, 2025
I'm very honored to announce that I will join @columbia_econ as a Postdoc for 2025-2026, and @EIEF_Rome as an AP afterward! Excited for these new chapters and infinite thanks to my advisors Mike Golosov, @HansbergRossi, @UncertainLars, and Michael Greenstone, and my colleagues
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Thomas Bourany
@TBourany
Oct 12, 2025
[Reading Group IP week 4] Last week, we discussed the 2025 article by D. Bartleme, A. Costinot, D. Donaldson, A. Rodríguez Clare, “The Textbook Case for Industrial Policy: Theory Meets Data.” They study the optimal design of industrial policy (sectoral subsidies) and trade
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Thomas Bourany
@TBourany
Oct 26, 2025
[Reading Group IP week 5] Last week, we covered the 2025 Restud paper by P. Jia-Barwick, M. Kalouptsidi, N. Zahur, “Industrial Policy Implementation: Empirical Evidence from China’s Shipbuilding Industry.” They assess the long-term impact of various IP tools/subsidies
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Thomas Bourany
@TBourany
Oct 18, 2025
[Reading Group IP week 5] Last week, we covered the 2019 Ecma paper by O. Itskhoki and B. Moll, “Optimal development policies with financial frictions.” They ask how governments in emerging countries can accelerate economic development by intervening in labor and capital markets,
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Thomas Bourany
@TBourany
Sep 25, 2025
[Reading Group IP week 2] Last week, we covered Akcigit, Hanley, Stantcheva, 2022 Ecma paper, "Optimal Taxation and R&D policy". They study how governments should design R&D subsidies and corporate taxation when firms have private information and innovations generate
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Thomas Bourany
@TBourany
Sep 10, 2025
[Reading Group IP week 1] Today, we started with Murphy, Schleifer, Vishny, 1989 JPE paper, "Industrialization and the Big Push". It asks why some countries have successfully industrialized while others haven't. They revisit the "Big Push" theory by Rosenstein-Rodan and build a
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Thomas Bourany
@TBourany
Sep 27, 2025
Actually, the dynamics of Heterogeneous-Agents (HA) models are exactly "in between" the representative ones and the agent based model ones, PL Lions (one of those who initiated the Mean Field Games literature) made that point very clear in one of his lectures in College de France
alz
@alz_zyd_
Sep 27, 2025
Heterodox econ guys say we should do agent-based simulations with chaotic dynamics. But how is modern heterogeneous-agents macroeconomics not agent-based simulations with chaotic dynamics??
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Thomas Bourany
@TBourany
Mar 17, 2025
New Paper Alert🚨 “The Winners and Losers of Climate Policies: A Sufficient Statistics Approach” with Jordan Rosenthal-Kay @jordanr_k We study the spillovers of climate policies across countries through trade and energy markets #EconTwitter #ClimatePolicy #TradeLeakage #CBAM🧵1/9
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Thomas Bourany
@TBourany
Oct 15, 2025
[Reading Group IP week 4] Last week, we discussed the 2023 paper by F. Buera, H. Hopenhayn, Y. Shin, and N. Trachter, “Big Push in Distorted Economies.” They ask whether differences in income between countries are caused by either large distortions/misallocation, or by
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Thomas Bourany
@TBourany
Nov 2, 2025
[Reading Group IP week 6] Last week, we covered the 2025 QJE paper by N. Lane, "Manufacturing Revolutions: Industrial Policy and Industrialization in South Korea." He studies the impact of Korea's Heavy and Chemical Industry (HCI) drive in 1973–1979 to understand whether
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Thomas Bourany
@TBourany
Nov 17, 2025
[Reading Group IP week 8] We covered the 2025 working paper by R. Hahn, N. Hendren, R. Metcalfe, B. Sprung-Keyser "A Welfare Analysis of Policies Impacting Climate Change." They analyze the welfare impact of 96 climate-related tax and spending policies, using the Marginal Value
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