Why should we care about accelerating economic growth? Because GDP per capita is correlated with basically everything we really want as humans: - life expectancy - happiness - lower child mortality - education - human rights

All that holds the Euro Area together is the available fiscal space in #Germany 🇩🇪 (when push comes to shove). Now I wonder why other Euro Area members ask 🇩🇪 to embark on a path of rising debt? Don’t they see this:

How Americans responded in 1955 when the invention of the polio vaccine was announced.

pipedrive.com/en/road-to-suc…

This is the most sources I've ever seen on a Community Note

pls share with all trade and spatial PhD students! We would love to welcome them in Munich to the JIE summer school next July!

Recently accepted by #QJE, “When Did Growth Begin? New Estimates of Productivity Growth in England from 1250 to 1870,” by Bouscasse, Nakamura, and Steinsson: doi.org/10.1093/qje/qj…

20/ Link to our paper: 'Can Treasury Markets Add and Subtract?' papers.ssrn.com/sol3/papers.cf…

#Rente : Auf einer Skala von 1 bis 10 sehe ich den Handlungsbedarf bei der Rente bei 10. 👉 Exzellenter Beitrag im ZDF: Jochen Breyer reist bis nach 🇯🇵, spricht mit den Wirtschaftsweisen & zeigt, wie Reformen das Rentensystem sichern könnten – aber Politik oft nicht handelt.

📢Just out: Geoeconomics is emerging as a major research field. With Cathrin Mohr, I reviewed the literature: What is Geoeconomics? Key questions and findings? What research is needed? Read our full survey here: tinyurl.com/2axswx9v

Recently accepted by #QJE, “The Diffusion of New Technologies,” by Kalyani (aakash kalyani), Bloom (Nick Bloom), Carvalho (Marcela Carvalho), Hassan (Tarek Hassan), Lerner, and Tahoun (Tahoun) doi.org/10.1093/qje/qj…

Why fund highly novel research? It can improve the evolution of knowledge by guiding future researchers. We propose a model in which researchers decide which questions to address and at what intensity to search for the answer based on existing knowledge. econometricsociety.org/publications/e…

Unser Beitrag in der ⁦FAZ Wirtschaft⁩ : In den 🇺🇸 werden Wissenschaftlern die Mittel gekürzt. Das ist der richtige Moment, um US-Spitzenforscher nach 🇩🇪 zu holen! ⁦Ariel Dora Stern⁩ & Martin Watzinger & ich in FAZ/Der Volkswirt: „Deutschlands Chance“

"The breakup indeed reduced patenting by the Bell Laboratories but not the number of important patents. Most importantly, the decrease in the number of Bell patents was more than compensated for by the increase in patenting of other companies" ~Martin Watzinger, Monika Schnitzer🇺🇦🇪🇺 (2022)

📢New podcast on "What is Geoeconomics?" with Cathrin Mohr based on our literature survey that is now forthcoming in the Annual Review of Economics. As usual, Tim and the CEPR team did a wonderful job. Thank you so much for the invitation! Long paper here: ifw-kiel.de/fileadmin/Date…

Find capital regulation of banks confusing? Want to know a little more? Take a look at section 8.10 of my chapter on Money and Banking: eml.berkeley.edu/~jsteinsson/te…

For those who don’t know, Bell Labs was not really a corporate research lab in the modern sense. It was funded by monopoly profits from AT&T as a sort of public good in return. In fact, patenting INCREASED overall once AT&T was broken up and Bell Labs started its decline.

#QJE Nov 2025, #14, “From Public Labs to Private Firms: Magnitude and Channels of Local R&D Spillovers,” by Bergeaud (Antonin Bergeaud), Guillouzouic, Henry, and Malgouyres (Malgouyres Clément): doi.org/10.1093/qje/qj…

I am looking for a full-time predoc to work with me. If you consider doing a PhD and are interested public economics and macroeconomics, please take look at the job ad: jobs.unisg.ch/offene-stellen…

We're hiring an assistant professor at The Wharton School OID in information systems and operations management! Apply here by 11/1 to ensure full consideration: apply.interfolio.com/175700 spread the word!