Berkeley Economics

Mobile seniors and local economic development Marco Badilla-Maroto, Benjamin Faber, @LevyAntoine, @MathildeMunoz @UCBerkeley @berkeleyecon ow.ly/CMho50YNPtK

Join us online for the next session of the Virtual Seminar on Monetary Economics (VSME) Emi Nakamura @UCBerkeley @berkeleyecon will present "Beyond the Taylor Rule". 7 May 2026 | 16:00 BST / 17:00 CEST ow.ly/u0Lz50YOmgL

In a new episode of Berkeley Voices, @berkeleyecon Prof. Ted Miguel discusses how his groundbreaking deworming study in Busia, Uganda helped transform global policy + save lives by showing the importance of a healthy childhood. Listen here: bit.ly/4c18f90

Long time in the making: I’m officially starting my PhD in Economics this fall at UC Berkeley! Couldn’t be happier to stay in California, move to the other side of the Bay, and begin an exciting next chapter. @UCBerkeley @berkeleyecon

New CEPR Discussion Paper - DP21315 The Effects of Fiscal News on Household Expectations and Spending: New Causal Evidence Myungkyu Shim, Kwang Hwan Kim @yonsei_u, Myunghwan Andrew Lee @nyuniversity, Sangyup Choi @yonsei_u, Siye Bae @NorthwesternU, Olivier Coibion @UTAustinEcon, Yuriy Gorodnichenko @YGorodnichenko @berkeleyecon ow.ly/V3Js50YxsIL #CEPR_MEF #EconTwitter

Research involves two steps: 1) doing things, and 2) figuring out what to do. (Usually in the reverse order.) AI will certainly be quite helpful for the 'doing' part. But that leaves the -- arguably harder -- 'figuring out what to do' part.

Prof. Brian Galle (@BDGesq) to @sfchronicle: @berkeleyecon Prof. Emmanuel Saez is “one of the real geniuses of our time,” and working with him “can sometimes feel like the tax-policy equivalent of a 10-day-contract guy trading passes with LeBron James.” bit.ly/4bkOQ40

Today's Big Give, and there are ​8​ hours left to support Berkeley Economics! All gifts directly support our students, faculty & staff. If Berkeley Economics has made a positive difference in your life, please pay it forward and make a gift before 9 PM: givingday.berkeley.edu/giving-day/108…

🐻 #BigGive starts TONIGHT at 9 PM PT! Get a head start and support Berkeley Economics students and research. Every gift counts toward our $5k matching gift. givingday.berkeley.edu/giving-day/108… #CalBigGive ⭐​#calbiggive

New CEPR Discussion Paper - DP21265 An opening for the euro Barry Eichengreen @B_Eichengreen @UCBerkeley @berkeleyecon, Arnaud Mehl, Isabel Vansteenkiste @isabelsabine @ecb ow.ly/wabo50YrJyT #CEPR_IMF #EconTwitter

What actually happens when central bankers disagree? A new paper from @YGorodnichenko and co-authors—including alumnus Marc Dordal i Carreras (PhD '21)—reveals that FOMC policy is driven by "mental models" just as much as data. Read more: sites.utexas.edu/macro/2025/12/… @cepr_org

Thaler's new book "The Winner's Curse: Behavioral Economics Anomalies, Then and Now" revisits his groundbreaking columns from the 1980s, and shows nearly everything discovered in lab experiments holds up in real-world data with stunning consistency. simonandschuster.com/books/The-Winn…

People aren't rational optimizers—they get emotional, make mistakes, and pick worse health plans. @R_Thaler discussed 40 years of behavioral economics research with Profs @umalmend & @sdellavi. Hosted by @BerkeleyHaas O'Donnell Center & @berkeleyecon. econ.berkeley.edu/news/thaler

You only live twice: A growth strategy for #Ukraine Yuriy Gorodnichenko @YGorodnichenko @UCBerkeley @berkeleyecon, Maurice Obstfeld @PIIE @UCBerkeley ow.ly/269C50Y3BqX

Are nudges good for society? @berkeleyecon Prof. Dmitry Taubinsky argues in a study that some nudges, like soda labels, influence people already making good choices, while missing those who need help. Learn more: bit.ly/4pjrkrL

In @Bloomberg’s “Odd Lots” podcast, @berkeleyecon Prof. Emi Nakamura discussed inflation rates + the power that central banks have to contain them. Listen here: bit.ly/3KaygJl

Does housing or mental health treatment lead to better outcomes for the homeless? @berkeleyecon Ph.D. student Sydney Costantini’s study of unhoused veterans found that housing lowers long-term mortality, while treatment alone does not. Read more: bit.ly/3MgNqgH

California's 200 billionaires saw their wealth surge from $300B to $2.2T since 2011. UC Berkeley's @ucbstone Emmanuel Saez and Brian Galle helped draft a proposed ballot measure for a one-time 5% tax to raise $100B. Read their analysis: eml.berkeley.edu/~saez/galle-ga…

3/3 Key finding: firms' inflation expectations exhibit significant heterogeneity, challenging full-information rational expectations models. The research underscores challenges in anchoring inflation expectations in a heterogeneous monetary union. frbsf.org/research-and-i…

2/3 The research uses novel euro area survey data and a randomized controlled trial to show how firms update beliefs & form expectations across different regions. Geolocation plays a dominant role: firms extrapolate from regional&national inflation to form euro area expectations.

1/3 A new @sffed working paper examines firms' inflation expectations in a monetary union, co-authored by Berkeley Economics Professor @YGorodnichenko with Ursel Baumann, Annalisa Ferrando (@ecb), @DGeorgarakos, and @timo_reinelt.