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christianjulliard.net
I think, read, write, teach (and take photos). Associate Professor @LSEFinance. I study the interaction between financial markets and the macroeconomy. https://christianjulliard.net
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Recently accepted by #QJE, “The Impact of Being Denied a Wanted Abortion on Women and their Children,” by Londoño-Vélez (@jlondonovelez.bsky.social) and Saravia: doi.org/10.1093/qje/...

On day 4, this is a new frontier This is NOT cutting off new funds for research (see NIH review suspension) These data were already out the door It COSTS resources to yank it back This is eliminating data access so we can’t see what is happening to us

PLEASE RT :) Submit to the annual Network Science and Economics Conference, the largest US event for network theory and empirical research in and adjacent to economics Deadline Jan 30 (soon!) Conference Apr 11-13 at Stanford

"Audits of high-income taxpayers are more costly, but the additional revenue raised more than offsets the costs...the returns to marginal audits...exceed the returns to average audits...Deterrence...results in the 12:1 return above the 90th percentile." academic.oup.com/qje/article/...

Time for the last teaching fine tuning, so just finished the material for the practical "how to" of robust Bayesian Asset Pricing: christianjulliard.net/bayesian-fac... Pretty happy about my first crack at R Markdown slides -- I will never show again codes in a different format. 🧪

#ASSA2025 livestream sessions available to everyone at

Ariel is always a must read

New evidence that it was the economic vibes, stupid open.substack.com/pub/paulkrug...

I think this should be kind of a big deal: Elon Musk tweeting at 1:03am, “Only the AfD can save Germany.” The AfD is Germany’s neo-Nazi party.

Are you on the job market and have very few interview requests (<5, say)? Now is the time to email your advisor and ask for help!

A quadrillion thanks to @eohneberg.bsky.social for porting to Julia the BayesianFactorZoo R package. Julia package: github.com/eohne/Bayesi... R version: cran.r-project.org/web/packages... And our original paper: onlinelibrary.wiley.com/doi/10.1111/... No excuses for sloppy inference anymore ;)

I probably shouldn't have called a parasitical racket a parasitical racket paulkrugman.substack.com/p/health-ins...

Revised version of our paper with Bo Cowgill and Andrea Prat just out. We document how mergers in the US are followed by large and persistent increases in lobbying activity. Firms with market power also try to gain political power. www.nber.org/papers/w33255

A group of researchers has attempted to replicate our work on self-control and asset market prices published in the Review of Financial Studies (doi.org/10.1093/rfs/...) and not been able confirm our findings. See doi.org/10.2139/ssrn...

new WP y'all www.nber.org/papers/w33236

Econ RA/Predoc Opportunity! Ben Feigenberg & I are looking for an RA to work with us on projects studying the impacts of restorative justice in schools. Apply here! uchicago.wd5.myworkdayjobs.com/en-US/Extern... @econ_ra @UChicago @thisisUIC @HarrisPolicy @BeckerFriedman #EconSky

Pretty striking findings! www.parisschoolofeconomics.eu/app/uploads/...

If you see this post, can you please help spread this information? #ASafeChoice is a referral network of physicians who provide medication abortion services ACROSS THE US. People everywhere need to know about this option. These doctors have capacity to help more women! Let’s spread word! ❤️✊

Yes, make sure to have an updated and informative website!

It goes without saying that this is stupid, and I wonder what set it off. Was there a segment on Fox News? But I thought it might be worth a thread explaining what Trump (and, to be fair, some other international leaders) don't get about international money 1/

Economists love using linear regression to estimate treatment effects — it turns out that there are perils to this method, but also amazing perks Come with me in this 🧵 if you want to learn about our now-published paper "Contamination Bias in Linear Regressions!" 1/ (Twitter rerun!)

Some of the most important lottery anomalies from the behavioral risk literature (e.g., probability weighting and loss aversion) actually have nothing to do with risk. They also arise in perfectly deterministic settings. Lead article in the latest AER issue: www.aeaweb.org/articles?id=...

Alright, I've got zero followers right now—let's see if this thread on my JMP can escape the depths of the internet. TL;DR: Labour market power leads to large productivity losses. Keep reading if you’re interested in misallocation, tech diffusion, and regional disparities (you should be!).

The usual suspects are out there yelling "There are 23 million government workers! Fire most of them!" No awareness that most work for local governments, and most of *them* are schoolteachers. Federal employment hasn't grown since the 1950s

The pessimist: “it can’t get worse” The optimist: “sure it can”

👇A financial economist to follow. @alex-dickerson.bsky.social Producer of great public goods for corporate bond research at openbondassetpricing.com

Economist parenting: tongue-in-cheek suggestion to little one for falling asleep: “count the sheep.” Stopping to reflect, and seriously adding: “actually, square them”

#econSky check this out! You can submit your papers to sqare.org while waiting for journals to take forever. Get the feedback and keep moving science without all the disruptions caused by the publication system

🚨Call for Papers🚨 Together with the Bank of Canada and the Chicago Fed, we're organizing a Conference on #FixedIncome Research and Implications for #MonetaryPolicy on May 22-23, 2025, in San Francisco. Submissions due by January 31. More details: www.frbsf.org/news-and-med... #EconSky

Nice Grumpy post on inflation www.grumpy-economist.com/p/inflation-...

This is a fantastic tool if you’re looking for people with overlapping interests (as judged by networks) to follow: bsky-follow-finder.theo.io

John Hicks is in the rare class of economists that dunked on himself. I think there is a lesson here for all of us. Excerpt from Paul Flatau's: www.tandfonline.com/doi/abs/10.1...

Insightful and important analysis of the returns and costs of tax audits across the income distribution by Boning, Hendren, and Sprung-Keyser (@bsprungkeyser.bsky.social) now in the QJE (@qjeharvard.bsky.social)

I put together a starter pack of all the academic macroeconomists I could find on the platform. It's short. Please message me if you would like to be added. go.bsky.app/RYnjd8k #econsky etc.