Rustam Jamilov

The Arsenal. Your Premier League champions.

For 22 years I have been patiently waiting for this. Doesn’t feel real. COYG! ❤️

LONDON IS RED!!! 🔴

Working very hard during a seminar at NHH in Bergen.

Really cool! "Systemic Banking Crises Database: 1970-2025" by Luc Laeven and Fabian Valencia. "This paper presents an updated version of the Laeven and Valencia (2013, 2020) database on systemic banking crises, extending the coverage through 2025. The update incorporates new episodes, while maintaining the definition established in previous editions, which emphasizes both significant signs of financial distress and substantial policy interventions. The update integrates textual tools to screen potential candidates that are then further scrutinized to confirm if our definition is met. The database includes information on banking crises episodes during 1970-2025, including starting dates, policy responses, fiscal costs, and output losses. It offers a comprehensive tool for assessing cross-country vulnerabilities and policies to resolve banking crises." elibrary.imf.org/view/journals/…

@Bellmanequation One implication is that AEJ: Macro is very good.

@glviolante Congratulations, Gianluca!

I am truly honored and grateful to the Econometric Society. The best part of this recognition is being able to share it with three former students, now friends, and rising stars of the profession.

@Simon_Mongey @TimTkehoe Many congratulations, Simon!

Incredibly honored to receive this prize alongside three of my favorite macroeconomists, each pushing the frontier of what can be learned from serious theory, disciplined by an explosion of microdata. As @TimTkehoe says, God bless Minnesota Economics! ... even with frictions

@KarstenMueIIer @SAFE_Frankfurt @goetheuni @NUSBizSchool Great news! Congratulations, Karsten.

📢 Career Update I’m pleased to share that, starting 1 Aug 2026, I will join @SAFE_Frankfurt / @goetheuni in Frankfurt as (tenured) Professor of Macro-Finance. Grateful for the wonderful times at @NUSBizSchool and in Singapore, an experience my family and I will always value.

Check out this very nice paper by my coauthor and finance PhD student at Said Business School - Chris Hyland.

Congratulations to N. Gregory Mankiw, newly elected Distinguished Fellow. N. Gregory Mankiw is the Robert M. Beren Professor of Economics at @Harvard. aeaweb.org/about-aea/hono…

In addition to the papers listed and discussed on the AEA website, also check out Straub-Werning (AER, 2020): aeaweb.org/articles?id=10…

Congratulations to the great Ludwig Straub for winning the John Bates Clark medal! aeaweb.org/about-aea/hono…

Krusell + Smith

A new paper shows that the release of Pirates of the Caribbean was associated with a 38% decline in real-world piracy incidents. The lives saved by Disney are staggering.

This is very inaccurate. First, Figure 6 of the paper already has the exact same robustness test (1980-2019) and results do not change. Second, this is not a proper replication, it is a different specification. The paper replicates fine afaik. Third, prompting chat bots with variants of “find mistakes in this paper” is not science and can lead to rushed conclusions.

📢 We’re hiring a Teaching Fellow (Departmental Lecturer) in Economics at the University of Oxford. This 3 year Grade 8 role will contribute to teaching, supervision and wider academic life across the Department, starting in September 2026. Find out more:bit.ly/3NJORoY

@helene_rey Huge congratulations again!

Looking forward to this new chapter in a great organisation. What a daunting task to follow Hyun!

Fantastic news! What an incredible appointment for BIS.