Assistant Professor @SMUEconDept. Minnesota PhD. Macroeconomics x Public Finance x Market Power x Productivity x Networks. Wine enthusiast.
Dallas, TX
Joined February 2010
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📢 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:
Luis Perez retweeted
A quick reaction. Both well deserving of the prize. Research styles could not be more different. Woodford is a cathedral builder, building stone by stone. His main book is an encyclopedia. Hall is an intellectual butterfly, looking for new angles. His main contribution is a superb insight, which changed the way we think about consumption. It takes both to make a field advance. Congratulations.
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Robert E. Hall and Michael Woodford “for microeconomic foundations of macroeconomic stabilisation.”
#NobelPrize
Luis Perez retweeted
🤠WE ARE HIRING
👩🏫Check out our positions for a tenure-track Assistant Professor and an Assistant Teaching Professor of Economics.
🐎Join us in this exciting moment for our department and University.
🔗TT: aeaweb.org/joe/listing.php?J…
🔗Teaching: aeaweb.org/joe/listing.php?J…
Luis Perez retweeted
U of M Economist Christopher Phelan confirmed as Chair of the Council of Economic Advisers, continuing Minnesota's legacy of shaping national policy. cla.umn.edu/economics/news-e…
Luis Perez retweeted
🇬🇷SMU at SED 2026 in Athens🏦
On July 2-4, hundreds of economists met for the Annual Meeting of the Society for Economic Dynamics in Athens, Greece.
SMU Professors Luis Perez @luiscanyamel and Rocio Madera @elpuntoderocio presented their research.
Luis Perez retweeted
🥳Another great hire for @SMUEconDept!
We are thrilled to announce that @serdarozkanEN is joining our department in August as an Associate Professor.
📈He is a leading expert in labor and monetary economics.
Welcome to the Hilltop! 🤠
Luis Perez retweeted
📢New Hire at SMU Economics
We are thrilled to announce that Ana Maria Santacreu @AmSantacreu will join our department in Fall 2026 as an Associate Professor.
She is a distinguished macroeconomist with contributions to innovation, trade, and growth.
Welcome to SMU!🤠
Wonderful event yesterday at @TheBushCenter honoring Raj Chetty, who today received an honorary Doctor of Humane Letters from @SMU for his groundbreaking work on income mobility and economic opportunity (@OppInsights).
Here are a couple of pictures from yesterday’s event
Many thanks to @ZBethune and all the organizers for putting together another fantastic #TexasMonetaryConference. Sharing here a photo from the inspiring keynote by @JohnHCochrane.
We’re hiring at the senior level. Fantastic department, great colleagues, and an exciting place to be. Please apply if interested!
📢 Open Senior Faculty Positions
The SMU Economics Department invites applications for Associate and Full Professor positions.
Come join us at a booming university and city.
🔗Link to the ad: aeaweb.org/joe/listing.php?J…
Luis Perez retweeted
What is the value of new and improved goods? The question is central for our theories of trade and economic growth, in which the value of new and better goods provides the motive for trade, and is the source of long-run growth. 1/6
How to quantify consumer surplus in love of variety/quality ladder models? Supplier addition/separation helps identify key statistic without functional form assumptions. Crucial input for policy questions & comparative statics in growth & trade models. econometricsociety.org/publi…
Luis Perez retweeted
🚨 JOB ALERT 🚨
@CUNEF Univ. is hiring Assistant Professor in Economics and related fields.
Application deadline: November 15 ⏰
More info: econjobmarket.org/positions/…
Apply to join one of Europe’s most dynamic economics departments! #econtwitter
Luis Perez retweeted
Very excited to release this paper. It extends all my previous work on productivity to heterogeneous agents: a measure of aggregate efficiency with interpretable units—resources left after compensating everyone— that is tractable, identified from observables (no interpersonal utility comparisons). Ports all rep agent results to HA. Joint with @arielburst
Luis Perez retweeted
We are thrilled to share that our paper "Self‑Employment Promotion as Active Labor Market Policy: Design and Trade‑Offs in Rigid Labor Markets", joint with Joaquín García-Cabo and @zoe_xie1, has been accepted for publication in Economics Letters 🎉.
Luis Perez retweeted
The paper is out‼️ Exploring the interaction between imperfect info and financial frictions, and how this matters for the macro
joseeliasgallegos.com/upload…
I’m glad it found a cozy home. Comments from the editor, JFV, and two referees greatly improved the paper
The International Economic Review has just published a new exciting paper by José-Elías Gallegos on HANK Beyond FIRE: Amplification, Forward Guidance, and Belief Shocks. It is available through @WileyEconomics here: onlinelibrary.wiley.com/doi/…
Two of our greatest legends leave the club today. The entire @realmadrid family is in tears. What a journey it’s been—thank you for everything, Carlo and Luka.
Luis Perez retweeted
After a great first day of our conference yesterday, we are looking forward to an exciting second day!
And on the second day, we'll have (among others): @mathpedemonte, @A_Fieldhouse, @alonso_vilaco, @tradewartracker, @hyunju_econ, @Hugo_Lhu, @elpuntoderocio, @LeviGCrews
Luis Perez retweeted
New paper on recent US tariffs with Matt Rognlie and @a_auclert
Our focus: effects of temporary increases in tariffs (“tariff shocks")
Three Qs:
1 Will tariffs lead to a recession?
2 Will they reduce the trade deficit?
3 Why are they not appreciating USD? (as in std theory)
🧵
Luis Perez retweeted
Flexport's team was able to reverse engineer the formula the Administration used to generate the "reciprocal tariffs."
It's quite simple, they took the trade deficit the US has with each country and divided it by our imports from that country.
The chart below shows the predictions of this formula plotted against the actual new tariff rates.
Thanks a lot for the invitation. A pleasure, as always!!
One day you enjoy (struggle) together at Minnesota workshops. The other day you invite your friend and colleague to give a talk at your department seminar. Thank you @luiscanyamel for the fantastic talk.
