Previously, I reviewed the Currency Unions and Trade Literature here , and then shared some of my students' referee reports of a recent ...
How Bad is Peer Review? Evidence From Undergraduate Referee Reports on the Currency Unions and Trade Lit
In a recent paper, Glick and Rose (2016) suggest that the Euro led to a staggering 50% increase in trade. To me, this sounded a bit dubious,...
AFL experiments, or please eat your brötli
When messing around with AFL , you sometimes stumble upon something unexpected or amusing. Say, having the fuzzer spontaneously synthesize J...
The St. Louis Fed's Macroeconomic Outlook
St. Louis Fed president James Bullard recently gave this speech on the U.S. macroeconomic outlook. The key themes of his talk were: The U.S...
Sectoral and Occupational Trends in the U.S. Labor Market
The labor market is back to normal. Or so we are told. Here's the prime-age unemployment rate for the United States beginning in 1960. A...
Why You Should Come Study at NES!
I talk up the merits of the New Economic School at a recruiting event here .
A Quick Theory of the Industrial Revolution (or, at least, an answer to 'Why Europe?')
Following a Twitter debate involving myself, Gabe Mathy, Pseudoerasmus, and Anton Howes on the theory that high wages in England induced lab...
Fiscal over monetary policy?
The Economy May Be Stuck in a Near-Zero World (Justin Wolfers). Justin does a good job describing how many economists view the role of mone...
The Real Exchange Rates and Trade Literature
Noah Smith asks about the literature on the real exchange rate (RER) and trade. My own main line of research is about RERs and manufacturing...
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