What a day!
Today on
#InternationalWomensDay2024
I had the honor to speak at the federal parliament on a panel about financial independence of women. The federal building was for once filled with women 💜
Thank you
@EvaHerzog_BS
for organizing this great event!
@AdamMGrant
1) don't go backpacking after your Master's (I am so happy I did!)
2) don't spend too much time on your PhD (I should NOT have rushed and spent that extra year on my PhD instead)
Swiss neutrality be like: Switzerland does not export weapons to countries at war. Switzerland does also not freeze Russian accounts that help finance the war.🤡
* According to BIS data, $ 11bn owned by Russians are in Switzerland, that's 30% of Russian wealth held worldwide.
Lieber Bundesrat
Ich bin auch für rasche #Öffnungen: Die
#Impfzentren
sollten endlich auch abends, am Wochenende, über Auffahrt und an Pfingsten offen sein.
#VaccinesSaveLives
And here they are, the poor little boys (bc they „don’t want to be haters but“) who think something is being taken away from them if Econ is about more than central banks, fiscal policy and the stock market. 🙄
#EconTwitter
: what micro datasets on individuals/households are easily accessible for students to work with, e.g., for a Master Thesis? It's ok if they have to apply/register, but they are not typically employed at our chair, nor can we cover costs for data access.
#followerpower
🥳 our paper "Intertemporal Labor Supply Substitution? Evidence from the Swiss Income Tax Holidays" with Michael Siegenthaler
@KOFETH
& Emmanuel Saez
@berkeleyecon
is forthcoming in the American Economic Review
@AEAjournals
Revised version here 👇
Hey Jungs, stellt euch mal vor, Frauen würden in jeder zweiten Sitzung darauf hinweisen, dass sie am Donnerstag nicht können, weil sie dann Mami-Tag haben. Irgendwie ätzend, nicht?
Und weil ihr hoffentlich nicht nur ein Tag pro Woche Papi seid, hört doch auf mit diesem
#Papitag
.
This German article puts things into perspective: wealthy Russians have a preference for Swiss banks, & while 🇨🇭 fully adopted EU sanctions against Syria, they are waiting now.
Great example of innovation and action:
@ETH
Zürich we can get a weekly
#Covid
#Test
kit from a vending machine, depose the test tube with saliva in a special box, and get PCR results the same day. All fully automated 👍 For a slow and safe return back to the office.
#ZeroCovid
Excited to share this new paper with the world!
Together with
@SamiraMarti
and
@Florian_Scheuer
@econ_uzh
, we study whether a wealth tax reduces wealth inequality.
A thread 🧵
1/11
📰 WORKING PAPER | Does A Progressive Wealth Tax Reduce Top Wealth Inequality? Evidence From Switzerland
Read our newest working paper on a progressive wealth tax by
@SamiraMarti
,
@IZMartinez86
&
@Florian_Scheuer
➡️
Happy to announce that my last PhD thesis paper is now published in the
@JUrbanEcon
🥳
Full paper *freely* available here until June 03, 2022
Did top earners move to the Swiss canton of Obwalden after it introduced a *regressive* income tax?
Summary 🧵
Lieber Herr Schwald
Danke für dieses Statement. Ihrer Logik folgend dürfen wir allen Ihren zukünftigen Aussagen jegliche Fachkompetenz absprechen, schliesslich sind Sie als gescheiterter NR-Kandidat für die FDP zutiefst politisch gefärbt. 1/2
@miperrico
@IZMartinez86
@tagesanzeiger
Isabel Martinez ist eine dezidiert linke Ökonomin, welche 2015 beim SGB (Mitinitianten der damaligen Volksinitiative) arbeitete. Die Einschätzungen von ihr sind politischer und nicht fachlicher Natur.
Ich bin echt froh, diesen Herbst und Winter hier in
#NewYork
zu verbringen - nicht nur, weil die Stadt so toll ist, sondern weil hier Vernunft und
#Zertifikatspflicht
herrschen. Ich tanze wieder Tango, gehe in Bars, Comedyshows & Clubs, mit dem Wissen, dass alle vaxxed sind 👍
#Jobalert
#SpreadTheWord
I'm looking for a
#PhD
student in
#economics
excited to work on a large project on intergenerational mobility in Switzerland.
For details and application, go to:
Wäre die Schweiz ein Supermodel, sie hätte sich schon längst auf Size Zero runtergehungert und die Boulevardpresse würde titeln: Ist Helvetia magersüchtig? 😱
PS: Mehrausgaben 13. AHV in der Grafik bereits berücksichtigt.
#Schuldenquote
#EconTwitter
In meiner Kolumne in der
@Handelszeitung
blicke ich aus New Yorker Perspektive auf die
#Zertifikatspflicht
und das Theater, das darum in der Schweiz gemacht wird. Get your act together, Switzerland!
#Individualbesteuerung
SVP-BR Maurer & Finanzminister (!) will das nicht-arbeiten steuerlich subventionieren.
Die selbe Partei predigt Eigenverantwortung & findet, arbeitslose Ausländer:innen, Sozialhilfebezüger:innen u.ä. wären faule Schmarozer.
Kannste dir nicht ausdenken.
Als Frau habe ich viele Probleme, z.B. platte Tweets wie dieser, die vor sexistischen Vorurteilen nur so strotzen. Das anfassen von Tampons gehört dagegen nicht dazu.
#PinkyGate
@harjodh_s
1.🇨🇭has frozen accounts from dictators&their entourage in the past.
2. If🇨🇭‘s economic success would exclusively depend on being a safe haven to tyrants/dictators/mafiosi/corrupt politicians & other shady figures - is that a sustainable business model in today’s world?
How I published 13 first-author papers during my 2.5 year post-doc:
- All the data were already collected
- 5 papers were literature reviews
- I read incredibly fast
- I write even faster
Was lese ich da: ich bin neu auch im
@NZZ
ÖkonomInnen-
#Ranking
mit dabei, und mit Platz 19 sogar die zweithöchste Neueinsteigerin😃! Es freut mich sehr, dass meine Arbeit auch ausserhalb des Elfenbeinturms geschätzt wird 😉
@KOFETH
@ETH
Aktuelles ÖkonomInnen-Ranking der
@NZZ
:
#KOF
-Direktor Jan-Egbert Sturm liegt neu auf Platz 4. Herzliche Gratulation auch an
@ETH
-Professor Didier Sornette (
@d_mtec
):
@ProfAishaAhmad
TFS! 🙏 I can relate: even though I’m used to working from home, the past few days I’ve been distracted and unproductive. The whole situation can be overwhelming and we should all allow for some adjustment time.
Stockholm welcomed me with the best spring weather! Excited (& a bit nervous after such a long time) to give a seminar talk
@SU_Economics
tomorrow and finally meet colleagues in person again!
I'm seeing a lot of posts by young female economists about
@iza_bonn
's decision. On the one hand, this gives me hope: the next gen is standing up for their values. On the other, I am sad that, once more, a powerful institution does not seem to care about women in our profession.
Sadly, I’m not surprised: compared to men, women have 44% higher odds than men to be pushed out of
#academia
.
Importantly, “women leave or consider leaving because of workplace climate more often than work-life balance.“
So no, it’s not kids and family pushing women out!
Study (N=7,195) finds compared to men, women have 44% higher odds of being pushed out of academia due to workplace atmosphere than pulled to a better opportunity elsewhere. Even after receiving tenure, women were still at increased risk of leaving.
Da tragen wir jahrelang Zahnspangen, enthaaren alle erdenklichen Körperstellen mit heissem Wachs, tragen High Heels oder Anzug & Krawatte bei 30 Grad - aber die
#Maske
im ÖV scheint für einige einem Folterinstrument gleichzukommen... 🙄
It's hitting home: My otherwise healthy and sporty 28 yo cousin and his wife were hospitalized in
#Madrid
with high fever and shortness of breath. Test confirmed
#COVID19
.
So for those still not convinced: no, this is
#NOTaFLU
, and also healthy people can get severely ill.
No other place stresses meritocracy and excellence as much as
#academia
.
The older I get & the more I see, the more I believe this is just a strategy to cover up all the BS going on behind the scenes. It is, & always will be, an old (white) boys club. Let’s stop pretend it isn’t.
Liebe
@Tamedia
@tagesanzeiger
Ausser, ihr fragt auch Fussballer, Tennisspieler, Bundesräte, CEO's und die anderen Herren der Schöpfung ab sofort in jedem Interview die selbe verfluchte Frage nach der externen
#Kinderbetreuung
, und ob der Betroffene nicht das Gefühl hat, ... 1/2
Die Pandemie trifft nicht nur in der🇨🇭die Einkommensschwachen besonders hart, auch global sind die Ärmsten am stärksten betroffen. Wir täten gut daran, jetzt die Entwicklungshilfe zu stärken.
Meine Kolumne in der
@Handelszeitung
diese Woche 👇
Super happy that our paper on the super-rich and top wealth inequality exploiting
#RichList
data from
@BILANZ
found such a great home!🥳
Check out if you're interested in the advantages and limitations of this kind of journalistic data and / or the super-rich in Switzerland 🇨🇭
🚨Publication Alert🚨
Super excited that our paper, "Using Rich Lists to Study the Super-Rich and Top Wealth Inequality: Insights from Switzerland," with
@IZMartinez86
, is now forthcoming in
@restatjournal
! 🥳
Backflash in meine Teenie-Zeit: es ist Sonntag, jedes Migros & Coop im Land hat zu, Klamotten, Schuhe, etc. shoppen ist nicht, und eine offene Beiz kannst auch grad vergessen. Ein ganz normaler 90s Sonntag in Bern halt 😉
More good news 🥳
Our companion paper on location choices of super-rich foreigners in response to Switzerland's special tax regime for the wealthy has just been conditionally accepted at The Economic Journal
@EJ_RES
!
Here's the updated version👇
Super happy that our paper on the super-rich and top wealth inequality exploiting
#RichList
data from
@BILANZ
found such a great home!🥳
Check out if you're interested in the advantages and limitations of this kind of journalistic data and / or the super-rich in Switzerland 🇨🇭
Lieber
@kanton_bern
, ist die Website zur Registrierung für die
#Impfung
#kaputt
,
#gehackt
, oder war jemand betrunken? Jedenfalls sehr verwirrend, das gesamte Anmeldeformular war anscheinend so belämmert geschrieben...
Meine Kolumne in der
@Handelszeitung
diese Woche dreht sich ums
#Frauenrentenalter
65 - und warum ich dieses als Ökonomin auch aus einer feministischen und linken Perspektive befürworte.
How did total wealth & national income evolve in Switzerland 🇨🇭 over the past 120 years?
Check out the latest version of our working paper 📝
Wealth-Income Ratios in Free Market Capitalism: Switzerland, 1900–2020
with
@EneaBaselgia
a 🧵 1/n
Also, ich bin so unverschämt, ich hätte gerne: beides!!! Eine eigene Karriere UND einen erfolgreichen Mann 💪
(Ich hoffe, Studienautor:innen integrieren auch diese total verrückte und befremdliche Option ins choice set, für alle Raben- & Nicht-Mütter wie mich! ✌️)
Wollen Frauen wirklich lieber einen erfolgreichen Mann statt selber Karriere zu machen? In der neuen
#B
örsenstrasseFünfzehn sprechen mit
@JanssenAK
über die viel diskutierte Studie und über
#Greedflation
.
Hier reinhören
🎙️
🎙️
A young female scientist spoke up at the event. IDK who you are, but if you read this: thank you for your courage and finding the exactly right words!
You can read the full story here:
Liebe
@Weltwoche
@roman_zeller
Es geht auch einfacher, z.B. so:
1) Sei kein sexistisches Arschloch.
2) Vergewaltige niemanden.
3) Schiebe die Schuld nicht auf die Opfer.
Rigorously visualizing the
#data
we use in
#economics
is one of the most important first steps in a
#research
project. Here are some examples of what I usually plot, depending on the type of data:
My dad (70+, 2 heart attacks), finally has a vaccination appointment! 🙏 End of March and 70km away from home (that's far for Swiss standards!), but at least the most vulnerable person in my family will be vaccinated soon!
Thank you to my co-author
@eneabaselgia
for reminding me that an RR at a top journal is reason for celebration 🥳 no matter how much some of the referees criticize or dislike your work 😅
So this is for everyone else who needs to hear this: Celebrate all the wins, big and small!
About a month ago, I removed my work e-mail from my phone.
There’s not enough space in a Tweet to describe in how many ways this has reduced stress, and how it has made me more efficient in staying on top of my inbox.
If you can, give it a try.
#AcademicTwitter
#EconTwitter
What an honor when a Nobel laureate cites your work! 😊
If you missed the inspiring lecture by Esther Duflo and Abhijit Banerjee it’s available on YouTube now👇
One key area: the fear that people work much less when they have to pay taxes or receive welfare.
One relevant paper is by
@IZMartinez86
, Saez and Siegenthaler showed that when there was a tax holiday in Switzerland, people didn't work less:
📢 Updated Paper Alert 🚨
@eneabaselgia
and I have updated our paper on the "Mobility Responses to Special Tax Regimes for the Super-Rich" that Switzerland🇨🇭 offers to super-wealthy foreigners.
Here's the
@CESifoNetwork
WP
A 🧵
Men who claim successful women sleep their way up, are not only
#misogynists
, implicitly they also say men are so simple & weak that they can easily be bought with just a bj or a quickie. I wonder whether they realize what a sad picture of manhood they draw with such statements.
2020 NBER Summer Institute, July 6-25, will be live-streamed on the NBER's YouTube channel. Meeting schedule here
URLs for the streams are assigned at the start of each meeting, and will be posted as soon as they are available here
Same results in the U.S. 🇺🇸 as those for Switzerland 🇨🇭 (by
@sotomoCH
@mhermann_
): high income households increased savings, but low income households had to decrease their savings. Wealth
#inequality
is rising as a consequence of the pandemic.
Interesting chart!
A survey by BofA indicates that an excess savings rate is only observable in upper income groups. Lower & medium income groups actually decreased their savings.
Thus the assumption of many economists that the vaccine unleashes a spending boom is unrealistic.
It’s an honor to join the CESifo community
@CESifoNetwork
with so many stellar economists and researchers! Looking forward to many more exchanges and joint endeavors.
#EconTwitter
#AcademicTwitter
Wir haben in Juni 2021, vor nur 5 Monaten,
#JaZumCovid19Gesetz
gesagt. Wie kann es sein, dass wir schon wieder darüber abstimmen?!Ich dachte, der Volkswille wird respektiert? (O-Ton
#SVP
)
Das muss diese Diktatur sein, von der
@narimoldi
et al. immer reden.
Congratulations to my amazing co-author
@eneabaselgia
who defended his thesis today! 🥳🍾🥂
I couldn’t be more proud of that Master student & RA who became a colleague, co-author, and friend. Looking forward to keep working with you!
How is the Swiss🇨🇭economy doing today? How does the contraction compare to 2008? To answer these questions, we created
#trendEcon
, a set of
#daily
#economic
#indicators
based on Google searches.
Check out all indicators+data here👇
#EconTwitter
Meine Kolumne in der aktuellen Ausgabe der
@Handelszeitung
: Arbeit muss sich auch für
#Eltern
mit kleinen Kindern lohnen. Auch für jene mit tiefen Einkommen.
Im Übrigen:
@AlainS1991
Sie hätten sich wenigstens die Mühe machen können, meinen öffentlich zugänglichen Lebenslauf richtig zu lesen: 2015 habe ich nicht beim SGB gearbeitet und ich hatte selbst nichts mit den Arbeiten rund um die Erbschaftssteuerinitiative zu tun. 2/2
@AlainS1991
@miperrico
@tagesanzeiger
FYI an alle Haters, die hier mitlesen: Ich habe in der besagten Zeitspanne nicht mal beim
@GewerkschaftSGB
gearbeitet 😄 Mit der Initiative hatte ich nie etwas zu tun. Herr Schwald fehlt anscheinend die nötige Lesekompetenz, um meinen CV zu lesen:
Eine
#Maske
zu tragen ist gewöhnungsbedürftig. In manchen Situationen, zB im nun wieder vermehrt genutzten öV, macht sie aber Sinn, denn
#sosch
ützenwiruns und andere.
Meine Worte!
Wie können wir erwarten, dass sich Leute um ihre
#Vorsorge
kümmern, wenn wir nicht mal in der Lage sind, die nötigen Unterlagen so zu gestalten, dass sie mehr als 10% der Bevölkerung verstehen?
#pensionskasse
#financialliteracy
I just had an argument with my 69 yo dad who has heart issues that no, he cannot go to his regular Sunday gathering with his other retired friends from work and hang out in their favorite pizzeria. We’re both stubborn, but I won 😏.
#quedateEnTuCasa
#StayAtHome
#BleibtZuhause
🚨 Is this the new “leaky pipeline”?!?
Predocs are the new must-have to get into top econ programs.
If places like
@HarvardEcon
hire 0/17 women predocs, 8-10 years from now, how can we expect to get a more gender-balanced pool of freshly minted econ PhDs?!
#EconTwitter
Of the 17 predocs hired by
@HarvardEcon
this year, there are 0 women.
Econ faces a diversity problem on many fronts -- race, class, gender -- and it's worth considering whether as a discipline, we're moving in the right direction.
@realChrisBrunet
I don’t see how this relates to my point above.
I can only guess here, maybe it’s bc of the accumulated sexist, misogynistic BS women have to deal with over the course of their lives?
No need to fly all the way to the
#Caribbean
, you can swim in turquoise waters surrounded by lush forests in the heart of Europe. And snowy mountain tops are just a train ride away.
#Switzerland
#B
ärn
#Aareschwumm
Do
#workingmoms
invest less time in their kids? Results from new US study suggest that the increased work (associated with EITC expansions over time) has done little to reduce the time mothers devote to active learning and development activities with their children.
This is for all of those who thought the rich would be hit hard by the pandemic: turns out US wealthiest billionaires got even richer over the past months.