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Worthy of my first (re-)tweet!

Thanks for having me and excited to share my research!

An open letter from economists on support for jobs and businesses in response to the coronavirus pandemic. Economists: please consider signing (at the link) columbia.edu/~wk2110/Corona…

Forgot to register for the #aea5k so I'll submit to the Fraud Street Run Philly. Happy holidays! Merry Christmas! Bye Don!

Large and more-productive firms benefit most from automation and capital-intensive technologies, leading to dissimilar labor-share patterns across firms and rising sales concentration, from Joachim Hubmer and Pascual Restrepo nber.org/papers/w28579

Sergio Salgado is presenting our paper "Why Are the Wealthiest So Wealthy?" (joint with Elin Halvorsen and Joachim Hubmer ) at 12noon est today. Join us!

I show that higher-income households' consumption is more labor-intensive, and that the decline in labor shares is concentrated in equipment&software-intensive goods. The U.S. labor share post-1950 then reflects a race between preferences and technology econometricsociety.org/publications/e…

Recently published paper in the Journal of Public Economics : "Tax Wedges, Financial Frictions and Misallocation" Vol 227 (Nov 2023) by Árpád Ábrahám, Piero Gottardi, Joachim Hubmer (Joachim Hubmer ), & Lukas Mayr (Lukas Mayr ) sciencedirect.com/science/articl…

‼️New/substantially revised paper: Why are the wealthiest so wealthy?‼️ A short thread on new empirical evidence from 23-year administrative panel data and what they mean for theories of top wealth inequality. Joint work with Elin Halvorsen, Joachim Hubmer, and Salgado.

‼️New paper alert! Scalable versus Productive Technologies‼️We study a fundamental question: Are larger firms more productive (i.e., with higher TFP), or are their technologies more scalable? Or both? Work with @JoachimHubmer Mons Chan, Sergio Salgado and Guangbin Hong 🧵