Doubling steel and alum tariffs will ripple through the economy in unexpected ways. My research - cond. accepted at American Economic Review - shows auto manufacturers, which both make and finance vehicles, passed through some of the 2018 metal tariffs to consumers through higher borrowing costs.
Punchline: Tariffs pass through to American consumers with both higher vehicle prices and higher financing costs.
Enjoyed speaking with @wsj.com's Joe Pinsker about the potential cost of the new vehicle tariffs to American consumers.
www.wsj.com/personal-fin...
More photos of Greece, please.
Huge congrats!!!
Good day, I think. 2nd round R&R🥳at top journal. Only minor tire fires on unrelated conference logistics. As my friend said, "net win".
@wagonomics.bsky.social is on BlueSky! Definitely the Venn diagram intersection of smart, fun, and interesting. (He also like - loves 🙄 - golf.) Follow him anyway.
Great resource!
I'm so sorry.
Sigh...
www.sciencedirect.com/journal/jour...
Exciting news: 🎉 @alminas.bsky.social is officially a @JCorpFin co-editor. 🎉
Heitor and I are thrilled to have Alminas join Morten Bennedsen (Copenhagen), Raj Iyer (Imperial), Simi Kedia (Rutgers), Evgeny Lyandres (Tel Aviv), Tracy Wang (Minn), & our terrific AEs.
Keep sending those great papers!
Exciting news: 🎉 @alminas.bsky.social is officially a @JCorpFin co-editor. 🎉
Heitor and I are thrilled to have Alminas join Morten Bennedsen (Copenhagen), Raj Iyer (Imperial), Simi Kedia (Rutgers), Evgeny Lyandres (Tel Aviv), Tracy Wang (Minn), & our terrific AEs.
Keep sending those great papers!
😮
🤣
I'm looking for a third paper for a Medicaid managed care-focused panel for ASHE. DM me if interested!
Please RT, I'm new to the blue skies...
Haven't seen that. Definitely will check out! Thx.
Check it out! (ungated here: www.dropbox.com/scl/fi/y1omw...)
Kirill, Xavier, and I tried hard to make this useful to wide groups of readers: new users of shift-share IVs, experienced users, and even those who don't know they that they are users
Welcome @alexchinco.bsky.social to BlueSky! Alex is one of the best writers in finance academia. I don't know if he'll post regularly, but I'd encourage everyone to follow him.
Ok #EconSky, I have two more squares to fill in for this year's job market reference letter Bingo. What else should we be looking for as we read lots of applications?
Look forward to my FRA early ideas presentation: "Driving a Bargain" coauthored with Tong Liu (MIT) and Denis Sosyura (ASU). We document that managerial bargaining ability affects price dispersion in corporate contracts.
How does Cafe Press not already have that available on wine and beer glasses?
Finding the flight costs 33,500 miles when I have 33,600 miles in my account!
Have you been here? The view serves as a reminder of what we are working to protect.
My pleasure, but, if Tong asks, I was working on our paper - NOT spending time on social media...
Going Friday!
Welcome @emilverner.bsky.social to 🟦sky! If you aren't familiar with Emil's work, here's a link to his JF'22 on fin crises and populism: papers.ssrn.com/sol3/papers....
Definitely needs to be addressed (and I'm sorry you are dealing with this) but it sounds like they are scaling up staff asap.
Next goal: get @NJGov to relocate. Can't be that hard. It's not like this is Delaware...
Interested in tariffs? Check out how trade policy can affect consumer credit when durable good manufacturers both make products and provide in-house (captive) financing:
papers.ssrn.com/sol3/papers....
