Incentives in an online Q&A community

Imagine some student from around the world contacts you to get information about TSE programs. She is looking to apply for a Master in Economics, but the website is not fully informative (they have clearly no incentives to provide the cons). Are you going to reply? If so, how long will your message be? Would … Continue reading Incentives in an online Q&A community

PhD Article: “Why did you choose economics?”

It is a question I have gotten a lot, from friends and family to new acquaintances. The answer is not—rather unfortunately, perhaps—out of true love for the subject or a desire to push the bounds of theory. Being closer to sociology than theory, I view economics as a tool-kit: one that allows us to tease … Continue reading PhD Article: “Why did you choose economics?”

Credit & Macroeconomics: An incomplete survey of empirical evidence

Credit growth seems to be the best predictor of future financial instability. This is the lesson that Jorda et. al (2011) draw from looking at aggregate data from 14 countries over the past 140 years. Mian & Sufi (2016) refine this result and find that growth in household credit leads to lower output growth subsequently. … Continue reading Credit & Macroeconomics: An incomplete survey of empirical evidence