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This is ridiculous. Jingye isn't shuttering British Steel in a slight against the UK any more than Tata Steel did when it closed Port Talbot last year. It's because steelmaking in the UK is profoundly uneconomical, which is why British firms don't want to buy these assets.

Just got this message from a colleague: "This is such an important topic, and so relevant to so many." 🥹 Feeling seen — and more motivated than ever to keep pushing. 💪✨

There is a phrase in these slides I would prefer not to see ….

Someone says the tariff hikes are meant to fund tax cuts. Problem is: the math doesn’t add up. To close the gap, tariffs would need to skyrocket — 25% or more!

I am hiring a Junior Economics Researcher at UPF Barcelona. Please apply if you are interested macro, market power, labor euraxess.ec.europa.eu/jobs/332002 Econ Job News #econjobs #econtwitter

🚨🆕📜In a new NBER working paper out today (tinyurl.com/2vv3vnhf), with Wayne Sandholtz we ask a 🔥question: Can controversial public policies end up being political successes even when they cause lots of backlash? And if the answer is yes, what drives pol success? A thread 👇

To all macro PhD students: We're organising a PhD workshop in beautiful Konstanz in October! Submission deadline on June 1st. Please circulate and apply! Call for papers attached 👇

I'm really excited that this paper, coauthored with Christian Stoltenberg and Swapnil Singh (Swapnil Singh), is coming out in the Journal of Monetary Economics. I think we've got a pretty neat result, which I would like to try to explain.

Trump’s tariffs aim to revive US manufacturing, but experts warn they may backfire — raising consumer prices and causing job losses. The decline of manufacturing wasn’t just about globalization; factors like higher labor costs and rigid union rules played a role too.

"I think we know how to define and design a tax base that would be less distortionary to investment." Helen Miller on tax and investment, from our latest podcast on corporation tax. 🎧 Listen here: ifs.org.uk/articles/whats…

🚨 Call for Papers 🚨 1st Madrid Mountain Macro Conference September 18-19 in the Cercedilla Residence of the Bank of Spain, in the Sierra of Madrid with Poster Session for PhD students Application deadline: May 30th Please share and send your papers!

NEW #IFSWorkingPaper: The impact of labour demand shocks when occupational labour supplies are heterogeneous Michael Boehm, Ben Etheridge & Aitor Irastorza-Fadrique's model quantifies the heterogeneous impacts of labour demand shifts on wages and employment: ifs.org.uk/publications/i…

Fantastic news! - this really made my day! Has been a pleasure to work with Vittorio and learn from him (and a really good guy to boot!) 👏🎣

It was a great pleasure to give my inaugural lecture at the University of Zurich on the sources of long term unemployment. In the lecture I argue that there are two views of long term unemployment: the traditional view is that it is a trap, whereas an alternative view says that

The U.S. and China issued a joint statement Monday announcing an agreement to cut reciprocal tariffs for 90 days, with both sides "recognizing the importance of a sustainable, long-term, and mutually beneficial economic and trade relationship." Read more: abcnews.link/mtk6ycL

NEW: On average, working helps women in their 60s maintain cognitive function and delay the onset of physical disability. Not all types of work are beneficial, however. James Banks, Jonathan Cribb, Carl Emmerson and David Sturrock summarise their new research:

Deeply saddened by Marcus’s passing. I only met him a few times, but one evening in Aarhus stands out—he spent hours with Simi and me, offering generous, incisive advice on our paper. He didn’t have to, but he cared. A brilliant macroeconomist who too ideas seriously.

Today's cool young researcher #econtwitter #econsky is Shunsuke Tsuda University of Essex who works on topics related to development, environment + conflict

📢New WP on networks in innovation Collaborating innovators form a network. Does the network position matter for outcomes? Is it helpful to have well-connected collaborators? Empirical answers based on over 28k corporate innovators. A summary 🧵👇 🔗papers.ssrn.com/sol3/papers.cf…

Last week, I recorded a live podcast in Munich (yes, with real humans, not AI) about our research on giving behaviour, using a Dutch TV show where people donate to those in financial need. 🎙️ Listen here: pod.link/1536444695