John Kramer

Who pays the price for oil shocks? Our new research on 45 years of German data shows it's low-income workers. Their earnings fall & job prospects dim, while the wealthy are largely unaffected. A tale of unequal economic pain. #EconTwitter #Inequality

@JoseEGaIIegos That is such a cool recruitment video! Well done

We are hiring‼️ The Bank of Spain seeks PhDs in economics or finance for its Research Department. The main role involves research and advising in your field of expertise. It’s the best job in the world. If you’re interested and have any questions, feel free to reach out. Apply!

To all job market candidates in macro: University of Copenhagen has a 6 year tenure-track assistant professor position. See more here: econjobmarket.org/positions?show… If you have any questions, please contact me.

Great way to end the week! Always fun to get the Copenhagen Macro crowd together. Thanks for all the feedback!

Great fun as always

@JoaoBDuart3 Awesome!!! Congrats 🎉

It is with tremendous happiness that I share that one of my greatest dreams has come true. I was promoted to associate professor (with tenure) of Nova SBE! I still can't believe I got here.

@JoseEGaIIegos @IIES_Sthlm @s_hinkelmann @slu_ekonomi 🥰

@IIES_Sthlm @s_hinkelmann @slu_ekonomi Look at him!

Hear ye, hear ye! We got another doctor today! @s_hinkelmann just defended his thesis with flair. Rob Hart @slu_ekonomi kindly acted as opponent. Stefan is next off to the OECD for a position as Junior Economist. More: su.se/institute-for-…

@jhaushofer Wow.

In 2017, Farin Urlaub of the German punk band “Die Ärzte” put out an album called “Berliner Schule” with songs that had failed to make it onto other albums. Turns out it was inspired by my CV of failures from 2016! Interview where he tells the story: musikexpress.de/farin-urlaub-i…

My latest column for the @FT is about a type of model that is infiltrating central banks around the world Researchers in the Fed, the ECB and the BoE are working to incorporate inequality into models of how the economy works Let me introduce you to HANK on.ft.com/3VWG8Bx

On to the fun part

Closing us out is @pontus_rendahl who is presenting a theory that links the rises in market power and inequality.

It's time for another installment of the Macro Presentations in Copenhagen (MPC) workshop. First Morten Olsen talks about how top income inequality spills over into within occupation inequality.

@ek_oberg @ToshiMukoyama Was wondering the same. That would be *awesome*

@ToshiMukoyama Will there be slides for all chapters?

Uploaded the slides for one of my chapters (Chapter 20: Heterogeneous firms) toshimukoyama.github.io/MyWebsite/slid…

This is a really cool project. I've already used it to inform my teaching and I highly recommend it. Eagerly awaiting the final version!

All juniors in macro: Come to the 16th Nordic Summer Symposium in Macroeconomics, August 6-9, 2024 in Denmark! We can promise lots of good papers, discussion and fun, beach and - hopefully - sunshine. Website: sites.google.com/view/normac202… Appl. deadline: April 7th.

@makotonkjm @Ananyo Great book! Really enjoyed it

I have been listening to a fantastic book about von Neumann by Bhattacharya (@Ananyo), and reading random stuff about von Neumann. This episode about how he met Klári is cute and nice, especially because she is (one of the) first ones to code a Monte Carlo simulation.

"Klári first met her future husband, John von Neumann at a casino in Monte Carlo. He explained that he had perfected a way to ensure that you could win roulette every time, and promptly lost all his money trying to prove his point. Afterwards, he asked her to buy him a drink."

⚠️ Are you considering a PhD in economics? Now is the time to apply! If you are interested in macro or related fields, there’s currently two openings here in Copenhagen to join our growing macro group. One is to apply at @Economics_UCPH, link here: 1/2 economics.ku.dk/jobs/2024/phd-…

Problem didn't converge

@a_auclert @Stanford Warmest congratulations! Well deserved.

14 years after getting into a PhD, I’m thrilled to share that I’ve been voted tenure at @Stanford! What an amazing journey, where I’ve been lucky to learn from incredible teachers, advisors, students and coauthors, and be supported by wonderful family, friends and mentors! 🥳🙏!