NYU Economics Department @NYUFASEcon Twitter profile

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NYU Economics Department

@NYUFASEcon

3 years

The NYU Economics Department is on twitter! Follow us to keep up with the latest research coming out of NYU.

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NYU Economics Department

@NYUFASEcon

2 years

Congratulations to Raquel Bernal '03 on being named Rector of Universidad de los Andes. She is an expert on human capital development and social policy, and we are proud to see her continue her remarkable record of achievement

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NYU Economics Department

@NYUFASEcon

2 years

What are the drivers of the recent inflation surge? Luca Gagliardone and Mark Gertler explore this issue with a simple quantitative model with an emphasis on oil shocks and easy monetary policy Link to the paper:

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NYU Economics Department

@NYUFASEcon

3 years

New from Mark Gertler: "I write on Marvin Goodfriend's contribution to research on monetary policy. In doing so I take a short trip through the literature." #NYU #Economics #NYUFASEcon

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NYU Economics Department

@NYUFASEcon

3 years

Congratulations to Professor Mark Gertler, the 2021 recipient of the BBVA Foundation Frontiers of Knowledge Award in the Economics, Finance and Management category!!! View his acceptance speech here: #BBVA #Economics #NYU

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NYU Economics Department

@NYUFASEcon

3 years

New paper by @fercirelli and Mark Gertler: In the Covid recession, many firms "won" by offering safe substitutes for products with exposure to the virus. How did this reallocation contribute to the unequal nature of the recession and recovery? #NYU

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NYU Economics Department

@NYUFASEcon

3 years

0/10. Today we highlight Matias Covarrubias JMP thread. He uses artificial intelligence algorithms to answer; How do oligopolistic strategies affect the transmission of monetary policy? #EconTwitter Website:

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NYU Economics Department

@NYUFASEcon

10 months

Paula Onuchic is a microeconomic theorist who works on information economics, especially questions of career concerns in teams and discrimination. Learn more at

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NYU Economics Department

@NYUFASEcon

3 years

NYU Economics is proud to announce its 2021 Job Market Candidates. Please see the complete list at Threads on each candidate's research will appear here in the coming days.

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NYU Economics Department

@NYUFASEcon

11 months

NYU Economics is proud to announce its 2023 Job Market Candidates. Learn more at Keep an eye out for threads on each candidate's research in the coming days.

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NYU Economics Department

@NYUFASEcon

3 years

BREAKING NEWS! @NYUFASEcon and @NYUSternEcon to launch a new MS in Quantitative Economics. See 🧵

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NYU Economics Department

@NYUFASEcon

3 years

1/11. Today we highlight Zahin Haque’s JMP. She documents a new fact showing Engel’s Law holds for production and uses it to understand the agricultural productivity gap. #EconTwitter Website:

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NYU Economics Department

@NYUFASEcon

2 years

Hi #Econjobmarket , today we highlight our job market candidate Samuel Kapon.

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NYU Economics Department

@NYUFASEcon

3 years

#EconTwitter , today we are highlighting the JMP of @Furno_Francesco His fields are Macroeconomics and Fiscal Policy

Francesco Furno

@Furno_Francesco

3 years

Are corporate tax cuts good at stimulating the economy, or just a gift to shareholders? In my JMP, I show that the answer depends on tax depreciation policy and the share of pass-through economic activity, and I use the Trump’s and Kennedy’s tax cuts as an illustration. 1/8

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NYU Economics Department

@NYUFASEcon

2 years

Felicitamos a Raquel Bernal '03 por ser elegida como rectora de la Universidad de los Andes. Es una experta en el campo del desarrollo del capital humano y la política social. Estamos muy orgullosos de sus importantes logros. @Uniandes @RaquelBernal3

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NYU Economics Department

@NYUFASEcon

3 years

We are happy to highlight Lena Song and her JM paper on #econjobmarket today Her fields are: Applied Microeconomics, Development, Behavioral & Experimental, Political Economy

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NYU Economics Department

@NYUFASEcon

3 years

We highlight Federico Kochen today, #EconJobMarket Fileds: Macroeconomics, Entrepreneurship, Finance, Development

Federico Kochen

@fkocheng

3 years

1/8 Hi #EconTwitter I am on the #econjobmarket this year! Does lack of financing force promising young firms to exit? In my #JMP , I argue that the answer is yes, and this is especially the case in developing countries. Website:

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NYU Economics Department

@NYUFASEcon

10 months

Teresa Steininger is a labor economist whose research centers around understanding inequalities in the labor market and in higher education, with a focus on policies that may address gender gaps. Learn more at .

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NYU Economics Department

@NYUFASEcon

2 years

NYU Economics is proud to announce its 2022 Job Market Candidates. Please see the complete list at Threads on each candidate's research will appear here in the coming days.

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NYU Economics Department

@NYUFASEcon

10 months

William Witheridge ( @WillWitheridge ) is a macroeconomist in international finance and monetary economics, who studies monetary policy and inflation in emerging-market economies. Learn more at

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NYU Economics Department

@NYUFASEcon

3 years

Dear #EconTwitter - it's @rafaguntin 's time, today. Macroeconomics, International Macroeconomics, Macro-Finance Here's his thread!

Rafael Guntín

@rafaguntin

3 years

Hey everyone, I’m on the job market this year. Let me share with you a thread about my job market paper “Firms’ Rollover Risk and Macroeconomic Dynamics” website: jmp paper: (0/16)

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NYU Economics Department

@NYUFASEcon

10 months

Andres Ghini ( @andresghini92 ) is a macroeconomist specialized in monetary economics and fiscal-monetary policy. He studies how the welfare costs of inflation vary across households. Learn more at .

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NYU Economics Department

@NYUFASEcon

10 months

Jimena Galindo is an experimental economist who uses theory-based experiments to study how people learn. Learn more at

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NYU Economics Department

@NYUFASEcon

10 months

Facundo Danza ( @f_danza ) is an applied microeconomist whose research explores how agents adapt to weather variability and water scarcity, combining agronomic and economic modeling with microdata. Learn more at

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NYU Economics Department

@NYUFASEcon

3 years

Check out this paper by Sydney Ludvigson, @Francesco_Bia and @LettauMartin On the origins of a 40-year decline in real interest rates: What's the Fed got to do with it?

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NYU Economics Department

@NYUFASEcon

10 months

Angela Crema ( @angcrema ) is a labor economist who combines reduced-form empirics and structural modeling to design education policies that increase student achievement and reduce learning inequality. Learn more at

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NYU Economics Department

@NYUFASEcon

11 months

Vishal Ashvinkumar is a microeconomic theorist who aims to develop decision-theoretic tools that are useful and accessible for non-theorists in fields such as behavioral and experimental economics. Learn more at

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NYU Economics Department

@NYUFASEcon

3 years

Here's our next Job Market Candidate, @elliott_jt . His fields are Industrial Organization, Environmental Economics, Applied Microeconomics. Please read about his JM paper in this thread.

Jonathan Elliott

@elliott_jt

3 years

1/ Hi, #EconTwitter ! Let me tell you about my job market paper, “Investment, Emissions, and Reliability in Electricity Markets” ():

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NYU Economics Department

@NYUFASEcon

3 years

Dear #econjobmarket , we are happy to highlight the JM paper by @KristinaKomis today. Her fields are: Macroeconomics, Urban Economics, International Trade, Applied Microeconomics.

Kristina Komissarova

@KristinaKomis

3 years

1/11 Hi #EconTwitter ! I’d like to tell you about my JMP «Location Choices over the Life Cycle: the Role of Relocation for Retirement». The paper studies the role of the life cycle for individual’s location choices and for the distribution of economic activity across cities.

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NYU Economics Department

@NYUFASEcon

3 years

The JM canditate we highlight today is Max Huber @Mx_Huber Financial Economics, Macro-Finance, Asset Pricing #econjobmarket

Max Huber

@Mx_Huber

3 years

In my JMP, I document a recent buildup of interest rate risk exposure in the U.S. life insurance sector. I find that this increase is the unintended consequence of the regulation that was supposed to curtail excessive risk-taking. Look at my website:

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NYU Economics Department

@NYUFASEcon

3 years

Read more about NYU Arts and Science Prof. Alessandra Peter's latest research with Gideon Bornstein on pricing strategies, product market concentration, and business subsidies at: @Ale_M_Peter #Economics #EconTwitter

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NYU Economics Department

@NYUFASEcon

11 months

@fdiogocamelo is a macroeconomist whose research agenda is focused on understanding the macroeconomic causes and consequences of firm heterogeneity. Learn more at

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NYU Economics Department

@NYUFASEcon

10 months

Hi #EconTwitter ! Kenji Wada is excited to share with you his #EconJMP . He studies the decision making under parameter and state uncertainty, and its implications for equilibrium dynamics and credible policy promises in a general environment. 1/11

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NYU Economics Department

@NYUFASEcon

11 months

Paolo Varraso ( @PaoloVarraso ) is a macroeconomist whose research focuses on the role of financial markets and intermediaries in the transmission of macroeconomic shocks and policies. Learn more at

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NYU Economics Department

@NYUFASEcon

2 years

We are happy to highlight @fercirelli and his JM paper on #econjobmarket today

Fernando Cirelli

www.fernandocirelli.com

Fernando Cirelli

@fercirelli

2 years

What makes inflation costly? Who bears these costs? In my JMP, I explore an understudied mechanism: Inflation impairs households’ ability to save for precautionary reasons How? Let’s take a look at households’ liquid assets portfolios #EconTwitter #Econjobmarket

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NYU Economics Department

@NYUFASEcon

10 months

Aleksandra Alferova ( @AAlferovaEcon ) is a macroeconomist and financial economist who studies financial intermediaries and optimal monetary and regulatory policy using micro-level data and macroeconomic modeling. Learn more at:

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NYU Economics Department

@NYUFASEcon

3 years

Today we are happy to highlight @roussanoff 's JMP. His fields are: Applied Microeconomics, Labor Economics, Economic History #econjobmarket

Vasily Rusanov

@roussanoff

3 years

A striking fact: in the 19th century, the internal migration rate of whites in the United States was at least three times higher than in other countries. In my JMP, I study how this feature of US history mattered for the rise of education. #econtwitter

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NYU Economics Department

@NYUFASEcon

10 months

León F. Guzmán ( @leonguzmanl ) is an applied microeconomist whose research combines structural modeling and econometric tools to examine how organizational decisions within higher education can impact students' learning outcomes. Learn more at

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NYU Economics Department

@NYUFASEcon

10 months

Kenji Wada is a financial and macroeconomist who examines the determinants of economic outcomes and policy design in models with a more realistic treatment of uncertainty and risk. Learn more at

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NYU Economics Department

@NYUFASEcon

11 months

Today's two featured job market candidates are Stefan Bucher ( @stefan_f_bucher ) and Felipe Camêlo ( @fdiogocamelo ).

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NYU Economics Department

@NYUFASEcon

11 months

@stefan_f_bucher is a microeconomist who studies the causes and consequences of cognitive frictions in choice, and thinks about how to reduce them. Learn more at

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NYU Economics Department

@NYUFASEcon

3 years

Dear #EconTwitter and #econjobmarket , we are very happy to highlight @XiaoyeLiao 's Job Market paper today. Xiaoye's fields are Microeconomic Theory, Information Economics, Game Theory.

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NYU Economics Department

@NYUFASEcon

3 years

1/9 Dear #EconTwitter , today we highlight Lena Song’s work. #econjobmarket Lena studies media and information technologies, with a focus on their relationship to diversity and inequality. Website:

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NYU Economics Department

@NYUFASEcon

2 years

We are happy to highlight Jed Armstrong and his JM paper on #econjobmarket today His fields are: Labor Economics, Applied Microeconomics

Jed Armstrong

@jedmsarmstrong

2 years

1/10 Hi #EconTwitter – I want to tell you about my JMP "Freelancing and the Value of Flexible Work" In this paper, I study a modern labor market trend – many workers (such as freelancers) are able to choose their hours flexibly. I quantify the value of this flexible hours choice

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NYU Economics Department

@NYUFASEcon

10 months

Xiaoye Liao is a microeconomic theorist who works on information economics and dynamic interactions, including strategic information transmission and sequential information acquisition in coordination games. Learn more at .

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NYU Economics Department

@NYUFASEcon

10 months

Jin Liu ( @JinLiu79496180 ) is a trade and IO economist whose research focuses on understanding micro firm decisions and their aggregate impact, particularly in the areas of innovation, technology, e-commerce, firm dynamics, and industrial policies. See

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NYU Economics Department

@NYUFASEcon

2 years

Today we are happy to highlight @nachocigliutti and his JM paper. #EconTwitter #Econjobmarket

Nacho Cigliutti

@nachocigliutti

2 years

1/ Hi #EconTwitter ! It’s time for me to tell you about my JMP: “Adversarial Method of Moments”, which can be found in my website () together with other content.

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NYU Economics Department

@NYUFASEcon

10 months

Guillaume Nevo ( @GuillaumeNevo ) is a macro and labor economist whose research focuses on the granularity of firms, and its effect on labor market outcomes and workers, using employer-employee data and structural modeling. Learn more at

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NYU Economics Department

@NYUFASEcon

10 months

Wonseok Yoo is a behavioral and experimental economist who studies how individuals’ behavioral biases in decisions affect learning patterns in the lab. Learn more at

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NYU Economics Department

@NYUFASEcon

2 years

#EconTwitter #EconJobMarket Today we highlight our job market candidate @ericspurlino

Eric Spurlino

@ericspurlino

2 years

Hi, #EconTwitter ! We've all heard of games of asymmetric information, but many strategic settings have asymmetric *costs* of information. My #EconJobMarket paper finds a huge lack of strategic sophistication in such games and identifies a key mechanism underlying it. 1/

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NYU Economics Department

@NYUFASEcon

3 years

Today we are happy to highlight @YuetengZ and his JM paper. His fields are: Macro-Finance, Financial Economics, Money and Banking, Financial Intermediation #EconTwitter

Yueteng Zhu

@YuetengZ

3 years

1/ Hi, #EconTwitter ! How does FinTech affect banking and monetary policy transmission (MPT)? In my JMP, I study this question with a focus on the competition between FinTech companies and banks in the deposit market. Look at my website for more details:

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NYU Economics Department

@NYUFASEcon

2 years

#EconTwitter #Econjobmarket Today we feature one of our job market candidates @HuangYueling !

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NYU Economics Department

@NYUFASEcon

10 months

Yusufcan Demirkan is microeconomic theorist whose work focuses on individual decision-making models influenced by vision science and social group dynamics, examining their effects on markets. More information is available at .

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NYU Economics Department

@NYUFASEcon

3 years

9/9 We’re glad that the Twitter algorithm brought you this thread and hope this persuades you to check out some of Lena’s work. For comments and questions, email lena.song @nyu .edu.

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NYU Economics Department

@NYUFASEcon

2 years

#EconTwitter Today we feature one of our job market candidates @Matheus_Econ

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NYU Economics Department

@NYUFASEcon

3 years

6/9 The same content has little effect on people with progressive or conservative racial beliefs, and extremely progressive content generates a backlash for people with conservative racial beliefs.

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NYU Economics Department

@NYUFASEcon

3 years

3/9 Messages that are closer to one's prior beliefs move beliefs in the direction of the message. However, messages that are far from one's prior beliefs generate backlash effects, that is, move beliefs in the opposite direction.

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NYU Economics Department

@NYUFASEcon

2 years

#EconTwitter and #econjobmarket , we are very happy to highlight @pierrebodere 's Job Market paper today!

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NYU Economics Department

@NYUFASEcon

10 months

Today's two featured job market candidates are Angela Crema ( @angcrema ) and Facundo Danza ( @f_danza ).

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NYU Economics Department

@NYUFASEcon

3 years

I have put a lot of effort into making this technology amenable to econ research, both intellectually and computationally. Soon, I will upload an open-source Python platform to , so keep an eye and don't hesitate to contact me!

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NYU Economics Department

@NYUFASEcon

10 months

Eungik (Eun) Lee ( @eungiklee ) is a macro and labor economist working on earnings risk and partial insurance using survey and administrative data from Denmark. Learn more at

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NYU Economics Department

@NYUFASEcon

3 years

2/9 Lena's JMP studies persuasion. Her theoretical model predicts that the persuasiveness of a message is an inverted-U function of its distance to the audience's existing beliefs.

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NYU Economics Department

@NYUFASEcon

3 years

Faculty includes Tom Sargent, Stan Zin, Debraj Ray, David Pearce, Dilip Abreu, Elena Manresa, @ArielRubinstein , @PMoserEcon , @luismcabral , and more!

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NYU Economics Department

@NYUFASEcon

3 years

For more information: Placement Director Professor David Cesarini david.cesarini @nyu .edu Graduate Administrator Ian Johnson ian.johnson @nyu .edu

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NYU Economics Department

@NYUFASEcon

10 months

Today's two featured job market candidates are Aleksandra Alferova ( @AAlferovaEcon ) and Teresa Steininger.

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NYU Economics Department

@NYUFASEcon

3 years

If you are driven to do research or seek a demanding career with analytical skills, consider applying to the MS in Quantitative Economics at NYU.

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NYU Economics Department

@NYUFASEcon

3 years

This is a cutting-edge MS for students with research-oriented ambitions in economics, such as a top PhD program or a high-tech job in technology, finance, and research in both the private or public sectors.

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NYU Economics Department

@NYUFASEcon

10 months

Today's two featured job market candidates are Guillaume Nevo ( @GuillaumeNevo ) and Paula Onuchic.

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NYU Economics Department

@NYUFASEcon

10 months

Today's two featured job market candidates are Eun Lee ( @eungiklee ) and Jin Liu ( @JinLiu79496180 ).

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NYU Economics Department

@NYUFASEcon

3 years

4/9 Using large-scale, pre-registered online experiments, she provides empirical evidence for this inverted-U relationship.

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NYU Economics Department

@NYUFASEcon

10 months

Today's two featured job market candidates are Xiaoye Liao ( @XiaoyeLiao ) and Wonseok Yoo ( @WonseokYooEcon ).

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NYU Economics Department

@NYUFASEcon

10 months

Today's two featured job market candidates are Yusufcan Demirkan and Jimena Galindo.

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NYU Economics Department

@NYUFASEcon

3 years

6/11. These wedges make it costly for farmers to purchase food on the market. Rather than incurring this wedge, farmers endogenously misallocate resources to satisfy consumption needs and evade the market as much as possible.

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NYU Economics Department

@NYUFASEcon

3 years

4/11. Her JMP documents a new fact: Engel's Law also holds for production. In developing economies, poorer farmers devote a larger percentage of their land towards staple food production. She calls this result the production Engel curve.

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NYU Economics Department

@NYUFASEcon

3 years

Our ten-month MS starts with microeconomics, macroeconomics and econometrics, supplemented by math and data science tools, accompanied by game theory, applied microeconomics, finance, and international economics.

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NYU Economics Department

@NYUFASEcon

10 months

Today's two featured job market candidates are Kenji Wada and William Witheridge ( @WillWitheridge ).

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NYU Economics Department

@NYUFASEcon

3 years

2/10. Punchline: Tacit collusive strategies increase the effectiveness of MP by up to 39% versus non-collusive strategies.

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NYU Economics Department

@NYUFASEcon

3 years

5/11. Why does this pattern appear? She shows this occurs due to price wedges between buying and selling prices for staple foods breaking down the separability between consumption preferences and production outcomes.

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NYU Economics Department

@NYUFASEcon

3 years

2/11. In her job market paper, she examines the role non-homothetic consumption preferences play in generating the agricultural productivity gap. She finds that in the presence of market frictions, non-homotheticities in consumption do matter for production.

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NYU Economics Department

@NYUFASEcon

3 years

10/11. Finally, she uses this model to simulate the effects of various policies on production, welfare, and inequality. A counterfactual in-kind transfer subsidy improves the allocation of factors, increasing marketed production value by 10.35% and aggregate welfare by 2.41%.

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NYU Economics Department

@NYUFASEcon

2 years

Samuel's fields are microeconomic theory and experimental economics. To read more, go to .

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NYU Economics Department

@NYUFASEcon

3 years

The program is taught in a sequence of intensive six-week modules, allowing you to interact with over 20 leading faculty members in the classroom and beyond.

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NYU Economics Department

@NYUFASEcon

3 years

8/11. Next she develops and estimates a structural model of crop choice, based on a Ricardian trade model, in which consumption preferences impact production choices.

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NYU Economics Department

@NYUFASEcon

3 years

3/11. The agricultural productivity gap is well-known: agricultural productivity is significantly lower in poorer countries. Also well-known is Engel's Law: poorer households devote a larger percentage of their incomes toward staple food consumption.

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NYU Economics Department

@NYUFASEcon

3 years

9/11. The model has new implications for the effects of non-farm resources. In the theory (and data) external sources of income exacerbate misallocation, as farmers allocate even more land towards food production.

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NYU Economics Department

@NYUFASEcon

3 years

10/10. The culprit: collusive equilibria exhibit steeper reaction functions and, as a consequence, more effective monetary policy.

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NYU Economics Department

@NYUFASEcon

3 years

11/11. Click below for a link to the paper and other related work:

Zahin Haque - Research

Research

www.zahinhaque.com

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NYU Economics Department

@NYUFASEcon

11 months

Today's two featured job market candidates are Vishal Ashvinkumar and Paolo Varraso ( @PaoloVarraso ).

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NYU Economics Department

@NYUFASEcon

3 years

1/10. If the typical market has few firms competing, we want to understand how their strategic behavior affects price-setting dynamics and MP effectiveness. My contribution: allow for repeated game strategies and any number of firms.

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NYU Economics Department

@NYUFASEcon

3 years

Talking about effort, thanks to my advisors! @Lagos_R_ , @ThomasPHI2 , and @SVNieuwerburgh .

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NYU Economics Department

@NYUFASEcon

3 years

7/11. She tests this theory using microdata from Vietnam. Consistent with the theory, she finds the steepest production Engel curves in the regions with the largest market frictions.

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NYU Economics Department

@NYUFASEcon

3 years

Check out our website for more info:

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NYU Economics Department

@NYUFASEcon

3 years

9/10. By inspecting the converging policies directly, we can corroborate a number of expected behaviors. One crucial example: As suggested by the mechanism, money growth increase (decrease) incentives to adjust for low (high) markup firms.

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NYU Economics Department

@NYUFASEcon

3 years

8/9 In other projects, Lena has conducted archival research or field experiments to study barriers to growth of microenterprises, social media addiction, and racial discrimination of firm owners in the media market.

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NYU Economics Department

@NYUFASEcon

3 years

5/9 After exposure to moderately progressive tweets supporting racial justice, people with moderate views on racial issues are persuaded (increase in beliefs in existence of discrimination, reduction in stereotypes, and increase in support for progressive policies).

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NYU Economics Department

@NYUFASEcon

10 months

He studies the equilibrium consequence of credible policy promises to mitigate agents’ uncertainty and heightened risk premia during crises. These promises potentially affect the set of consistent beliefs and eliminate some beliefs inconsistent with policy announcements. 7/11

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NYU Economics Department

@NYUFASEcon

3 years

4/10. Here is the performance of the algorithm in an RBC model after 50 updates of the neural net (roughly 1 min. of computation), compared to the exact solution:

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NYU Economics Department

@NYUFASEcon

10 months

Importantly, such promises can change the entire equilibrium dynamics but do not involve actual implementations. In this situations, policymakers should be aware of how their policies alleviate uncertainty and shape the beliefs of private agents to understand the efficacy. 8/11

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NYU Economics Department

@NYUFASEcon

10 months

Develops a novel methodology for agents to form the set of unknown parameters and states. They discipline the set of alternative beliefs consistent with observable information and the understanding of partial structure of the economy, cross-equation restrictions. 2/11

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NYU Economics Department

@NYUFASEcon

3 years

6/10. Mechanism part 2: When firms react to the markup of the other firm (i.e. they have a steep reaction function), the impact on incentives to adjust is lower, so MP is more effective. Collusive strategies imply steeper reaction functions, which make deviations costly.

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