Accidental Economist. Prof at @warwickecon and @unibonn. Visiting Prof @GRI_LSE. Fellow @STICERD_LSE. ERC STG. CEPR @cepr_org & Associate Editor @EJ_RES.
Joined August 2009
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T/S: Topologies of productive ignorance — between sector economic growth through noise filtering / “translation”
So many draft replies… just not sure if this is the right community to engage in conversation and/or nudges with…
The set of what is possible expands, the set what is impossible shrinks. What principles we impose on the social dimension of this development reveals much about how we conceptualize human agency and freedom.
Security vulnerabilities are an essential part of the security infrastructure. As these go, suitable “replacements” need to be found. Good old "trust", anyone? Trust, but (delayed) verification?
Every now and then it is useful to look back. In this article for The Globalist I provided a succinct overview of the incentive mix around Iran, now with added contextual data. In a high dimensional world, low dimensional narratives are dangerous -- yet they are pervasive...
here is the marked up post with an added data layer trfetzer.com/ten-inconvenien…
Evidence of extraterrestrial intelligence: they waited for the WTO moratorium on electronic transmissions to collapse before establishing a comparative advantage in intergalactic data exports.
Very useful points
🚨Understanding Migration Responses to Local Shocks
New version of paper with @borusyak and Brian Kovak!
1/6 Many papers find that local labor demand shocks have sizable effects on wages and employment, but surprisingly small or imprecise effects on local population.
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere retweeted
🚨New Paper Alert🚨: Export controls aim to limit adversaries' access to military-relevant inputs. But firms, supply chains, and incomes adjust. The countries imposing controls pay a price too. Using new data, we quantify when and how they can be effective and thus whether the trade-offs are worth it. 🧵 1/
New @nberpubs: "Export Controls and the Economics of National Security" nber.org/papers/w35898#fromr… viia @KyleLHandley
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere retweeted
by corporatist players (see below).
Here is how I'd nest both intuitions. Start from clear pro-climate electoral activation, i.e. voters who visibly reward climate action and punish inaction. Governments then have electoral incentives to buy the consent of carbon-intensive
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere retweeted
Good economics should reach beyond people who have time to read the full paper. @lehanzhang_ built a beautiful interactive guide to our study of how poliricians polarize the public debates following mass shootings.
Follow the evidence as you scroll: lehanzhang.com/research/addi…
Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere retweeted
Today's cool young researcher #econtwitter #econsky is @caterina_vieira @LSEEcon who works on topics related to development + urban economics
It should be obvious that the agentic economy may eliminate many of the inattention economy rents, this will redefine the financial system as we know it.
