📢 Happy to share my #JMP: The Micro-Aggregated Profit Share (joint w/ @ThomasHasenzagl)
❓How much has market power in the United States increased in the last 50 years? And aggregate profits?
🔗: bit.ly/JMP_LuisPerez
🧵A thread:
Happy to share that I’ll be joining @SMUEconDept in the Fall as an Assistant Professor of Economics. I’m also very excited and look forward to being surrounded by such wonderful colleagues!
It's been an unprecedently productive week...
We have added 5 new faculty members:
🧠@luiscanyamel (UMinn, macro)
🧠Yichen Su (Stanford/Dallas Fed, urban/labor)
🧠Stepan Aleksenko (UCLA, micro)
🧠Shixuan (Kathy) Li (TAMU/SMU, lecturer)
🧠Ryan McGregor (UHouston, lecturer)
Tremendo artículo de @lugaricano en @elpais explicando la cruda realidad que enfrentan los españoles más jóvenes. Desgraciadamente, la falta de miras y las ambiciones electorales de nuestros políticos agravan la brecha generacional innecesariamente.
"España no puede permitirse seguir ignorando la enorme brecha generacional. Si el país no les acomoda, los jóvenes pueden votar con los píes e irse a lugares menos inhóspitos(...) Nuestro Estado del bienestar entraría en barrena." Mi tribuna en @el_paiselpais.com/opinion/2021-0…
Very excited to see an updated version of my paper with V. V. Chari and Rishabh Kirpalani as an NBER working paper.
Paper here: nber.org/system/files/w…
🧵A thread:
If society can control the extent to which economic agents are exposed to a virus and agents can commit to contracts, virus externalities are local, and competitive equilibria are efficient, from V. V. Chari, Rishabh Kirpalani, and @luiscanyamelnber.org/papers/w31116
The other day I had the honor to have Professors Robert Lucas Jr and Nancy Stokey sign me a copy of SLP (aka ‘The Bible’ by Econ grad students at the University of Minnesota). Isn’t it cool? #EconTwitter
This Friday, we have a conference in honor of Larry Jones at @UMNews. Larry taught me graduate macro and public econ. He also helped me to make progress in my research with his insightful comments and suggestions. I am happy he is getting this recognition.
cla.umn.edu/economics/news…
I just stumbled upon this Figure, which summarizes in a very simple fashion how individuals, conditional on being in a given point of the wealth distribution, allocate their wealth in France. My intuition is that this pattern may translate to many other developed countries.