🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Stop making fun of people that believe in Santa, there are grown adults that still believe in Modern Monetary Theory

Me trying to keep up with the DID literature

The natural world has its own magic

Forthcoming in AEJ: Applied Economics: "Skill Depreciation during Unemployment: Evidence from Panel Data" by Jonathan Cohen, Andrew C. Johnston, and Attila Lindner. aeaweb.org/articles?id=10…

Charles Darwin was a giant of a man who greatly advanced mankind. But he had one huge regret: Not cultivating his appreciation for poetry and music. "The loss of these tastes is a loss of happiness." It might be more about imitating Feynman in this aspect.

Two (or three) graphs that should keep you up at night if you subscribe to the supply-shock view of COVID-19 pandemic inflation. Exhibit 1: from Francesco Bianchi and Robert Barro's new paper "FISCAL INFLUENCES ON INFLATION IN OECD COUNTRIES, 2020-2023". The vertical axis has

3/Exhibit 2: from Joe Hazell's paper "Do Deficits Cause Inflation? A High Frequency NarrativeApproach" The figure shows a jump in inflation expectations in Jan of 2021 after the Georgia runoff election for the senate, which gave Democrats control of the Senate. Afterwards, in

We recently added several analyses to our paper on the employment effects of a guaranteed income. 🚨 These new analyses include, for the first time, administrative data on income and employment and results for marriage and divorce, among other outcomes. Read on for results! 1/

Examining whether longer benefit durations or more generous benefit levels are more distortionary, if their effects interact, and if more generous benefits increase entry to unemployment, from Jonas Jessen, Robin Jessen, Andrew C. Johnston, and Ewa Gałecka-Burdziak

Check out my new voxeu column with Jonas Jessen, Andrew C. Johnston and Ewa Galecka-Burdziak on the hidden cost of unemployment insurance. cepr.org/voxeu/columns/…

#QJE May 2025, #11, “Teacher Labor Market Policy and the Theory of the Second Best,” by Bates (Michael Bates), Dinerstein (Michael Dinerstein), Johnston (Andrew C. Johnston), and Sorkin: doi.org/10.1093/qje/qj…

This new study supports the findings of previous studies, but with mounds of data & a look at mechanisms - after a couple divorces, household income falls, families/kids move to worse neighborhoods, & kids’ outcomes suffer. More evidence that household resources matter for

Divorce is one of the biggest human problems, but it rarely gets talked about

Divorce is the choice we’ve been told not to question. That must end. A massive new study tracked over 1 million children across 50 years. The results are devastating. If you’re a parent or policymaker, you need to see what divorce really does to kids: 🧵

How parental divorce shapes children's resources and futures, from Andrew C. Johnston, Maggie R. Jones, and Nolan G. Pope nber.org/papers/w33776

1. “Divorce is a Gift”, according to recent NYT story. But a big new study of one million kids from U Texas tells a very different story for kids across America.

Does divorce actually have a long-term impact on kids? If you read outlets like The Atlantic, NYT, or WaPo, you'll might think the story is unclear. But a new study from NBER used tax records to compare millions of siblings, finding more divorce exposure -> worse outcomes.🧵

What do you make of this finding? Divorce durably lowers kids' test scores.

Examining what happens to families after separation and divorce by following parents and kids using rich administrative data to find out, from Kabir Dasgupta, Andrew C. Johnston, Linda Kirkpatrick, Maxim N. Massenkoff, and Alexander Plum nber.org/papers/w33873