Chris Moser
@economoser
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Economist, husband, father, puppy owner -- in no particular order.
New York, NY
Joined August 2015
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Pinned Tweet
New working paper 🚨 w/
@orianabandiera
,
@AnanyaKotia
, Ilse Lindenlaub &
@andreapratnyc
on “Meritocracy across Countries”: ... A 🧵:1/28
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Proud to see our paper in print as the lead article of the latest issue of the American Economic Review
@NiklasEngbom
@AEAjournals
-- thank you to our mentors and a large number of others who offered generous feedback along the way! 🙏📢🥳
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🚨Considering a PhD in economics? 🤔 Want to solve important problems under world-class mentorship? 💪🏽 Oh, and did I mention the city that never sleeps? 🏙 Columbia Business School is looking to hire predoctoral research assistants — apply now!
@econ_ra
‼️
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🚨Considering a PhD in economics? 🤔 Want to solve important problems under world class mentorship? 💪🏽 Oh, and did I mention the city that never sleeps? 🏙 Columbia Business School is looking to hire predoctoral research assistants — apply now! ‼️
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🚨Labor economists commonly assume that firms are static objects. But in other contexts (e.g., macro/IO), firms are dynamic and subject to shocks. How much so? The answer is in a paper with
@NiklasEngbom
and
@jansauermann
now forthcoming at
@JEconometrics
:
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In a heavily revised paper with Iacopo Morchio (Bristol), we find that women work at employers with lower pay but better nonpay attributes. Using theory + data, we show workplace amenities account for 5.0% lower pay for women, or half the gender pay gap in Brazil 🇧🇷! A 🧵... 1/19
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Looking at this paper, I can’t help but think “how far has the Economics field come”… serious Econ & Environmental modeling to answer questions of massive policy relevance! 😮🤓
An examination of the gains from renewable energy cost declines, subsidies, and grid investment, from Costas Arkolakis and Conor Walsh
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Now out as NBER Working Paper 👇🏼🤓
Women work at employers with lower pay but better non-pay attributes. Compensating differentials account for 5 percent lower pay for women, from Iacopo Morchio and
@economoser
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Family vacation — wife got to choose this year’s destination 🤩🫣
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Econ PhD student writing a second-year paper.
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Headed to the
@nberpubs
Labor Studies Spring Meeting in Chicago, where my fantastic coauthor, Ilse Lindenlaub, will present our work on “Meritocracy across Countries” () tomorrow… I imagine it will be something like the video quoted below 👇🏼
Zaouli is a traditional dance of the Guro people of central Ivory Coast.
One of the most difficult dances to perform.
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The standard reference for any economist interested in the distribution of income and consumption! 📗👨🏼🏫
@Jonheathcote
, Fabrizio Perri,
@lichenzhang20
and I have a new empirical paper on the dynamics of inequality in U.S. since 1967. It updates and extends our 2010 RED paper. 🧵
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🚨 We just posted an opening for 1-year postdocs at
@Columbia_Biz
working on macroeconomics, broadly defined -- incl. labor, international, finance, IO, trade, theory, etc. ‼️ Come join our vibrant NYC community! 🏙️ Submit your application on AEA-JOE: 🙌
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Junior faculty trying to bridge two literatures (macro-labor, anyone??)
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Thanks to everyone who participated from near and afar!!
Columbia Junior Micro/Macro Labor Conference, NYC September 22-23, 2023
Thanks to
@economoser
for organizing
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I am lucky to help with the program of SOLE 2024 — all submissions are encouraged, including those in the field of macro-labor/search/matching/inequality! 💪🏽🙌🏼🤓
TODAY is the last day to submit your work to the SOLE 2024 Annual Meeting. Complete papers should be submitted for both full and poster sessions. Only one submission per person is permitted.
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The Washington Center for Equitable Growth (
@equitablegrowth
) just announced a new round of grants exploring policy and economic growth... and I'm grateful to be a part of this cohort together with
@jandres_blanco
and
@DrenikAndres
!
#EGgrantee
➡️ 🙏😃🙌🤩
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This macroeconomist trying to impress R2 with a causal identification strategy
This male Victoria rifle bird trying to impress a female with a mating dance
📹travelandwildlifephotography
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👇🏼📝🤓
Labor markets in higher-income countries are more meritocratic, meaning there is more skill-based sorting between workers and jobs. This matters for development in subtle ways, from
@orianabandiera
,
@AnanyaKotia
, Lindenlaub,
@economoser
, and
@andreapratnyc
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Sad about the passing of a legend, Bob Lucas. My indirect encounters: (1) 1st-year macro, Pat Kehoe tells us to spend weekend with Lucas paper and a 6-pack of beers; (2) going on the market, Richard Rogerson is unhappy with my JMP intro and pulls out Lucas (1988) for contrast. 🥲
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Important to bridge search & matching with NK traditions. For related work introducing wage rigidity into a frictional labor market model with idiosyncratic + aggregate shocks, see our recent paper with
@jandres_blanco
,
@DrenikAndres
, and
@e_zaratiegui
:
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Did you just “invent” a roundabout?! 🤔😉
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Also interested in the link between monetary policy / inflation and search frictions, and heterogeneous agents? See new paper with
@DrenikAndres
@jandres_blanco
@e_zaratiegui
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I’m grateful for
@AnanyaKotia
and other brave Indians fighting for equal rights. It’s a tremendous battle and yesterday was a setback but not the end of it! 💪🏽🙌🏼🙂 congratulations to the happy couple!! 💞
Yesterday hurt. Today,
@utkarsh__saxena
and I went back to the court that denied our rights, and exchanged rings. So this week wasn't about a legal loss, but our engagement. We'll return to fight another day.
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Happy to see this circulating as NBER Working Paper now 👇🏼🤓
A theory of labor markets with inefficient turnover in the form of quits and layoffs to study the propagation of aggregate shocks, from
@jandres_blanco
,
@DrenikAndres
,
@economoser
, and
@e_zaratiegui
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Beautiful paper by my CBS colleague
@PorzioTommaso
and coauthors that links worker mobility to firm activity and aggregate outcomes — this is the new frontier!
🎇..finally, paper is completed: !
❓Why mobility costs decrease aggregate productivity?
We quantify a new channel: they increase local monopsony power of firms (shielding competition) and allow low productivity firms to thrive ➡️ labor misallocation!
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It was an amazing event — perfect mix of work and fun… thank you to the organizers, indeed!! 🤩🙏🏻
2nd LAEF Junior Macro Conference ends at ‘Inspiration Point’. Thank you to the organizers.
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Taught last class of semester today. Ran student poll. Next: randomize tie wearing / colors / motifs. Need to recruit more bus school profs to boost stat power. First estimate of causal effect of dress code on student evals?
@Columbia_Biz
@PorzioTommaso
@JSchreger
@Conor_A_Walsh
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This macroeconomist still trying to impress R2 with microdata in the second round…
First date and I’m trying to impress her with my knowledge of the Roman Empire
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I’ll do it 🤓
Anyone interested in spending a year as an RA on my ERC Grant?
Start date: September this year.
Job advert out here with a deadline of applying of August 14th.
Job details: Research Assistant ()
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Can’t recommend Varanya’s book and writing courses enough… she’s helped generations of economists all over the map! 🤩🙏🏻
Hi
#EconTwitter
!✍️
Working on perfecting your writing style for
#economics
papers and essays?
Check out this useful resource by
@VaranyaChaubey
on improving your research paper writing skills. Tailored for PhD candidates and postdocs but useful for everyone!
Plus, don’t miss
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@SNageebAli
The following is one of the most refreshing, insightful, clear, and unpretentious papers in labor economics that I have recently read: (by Jonathan Vogel, 2022)
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“Thank you for submitting your interesting work, ECMA MS 1532. Upon consulting three anonymous referees, I concluded that your figures and tables are included at the end of the paper. Thus, I have no choice but to reject your fine paper at Econometrica.” 😉😂
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Looking forward to being a part of the upcoming 2023
@OIGInstitute
Research Conference -- my favorite part of this event: The Early Career Researchers’ Workshop pairing top junior scholars with senior discussants / mentors! 🤩😃🤓
Announcing the 2023 Institute Research Conference on October 5! Keynote speech by
@JedKolko
@commercegov
plus six paper presentations + discussions will showcase frontier research to enhance economic opportunity and growth. Register now for livestream:
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🚨 Our new CEPR Discussion Paper, detailed thread to follow soon:
New CEPR Discussion Paper - DP19007
Meritocracy Across Countries
@orianabandiera
@LSEnews
, Ananya Kotia
@LSEnews
, Ilse Lindenlaub
@Yale
,
@economoser
@Columbia
@iza_bonn
,
@andreapratnyc
@Columbia
#CEPR_DE
,
#CEPR_LE
,
#CEPR_MG
,
#CEPR_OE
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Looking forward to welcoming you
@Columbia_Biz
, Alejandra!! 🤩🙌🏼
Thrilled to announce that our exceptional cohort of research fellows has been accepted into prestigious graduate programs at world-renowned universities! Your dedication, hard work, and invaluable contributions to the
@the_IDB
Research Department have been truly remarkable.
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This looks super awesome and I would have loved to submit a paper if not already traveling for work then 👇🏼
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:
Appl. deadline: April 7th.
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I want to add that
@EntianZ
has been an outstanding RA, going over and beyond what I expected when I worked with him at the
@MinneapolisFed
! Paper looks super interesting! 😃💪🏽🤓
How do firms form international value chains?
UMN Econ job market candidate Entian Zeng
@EntianZ
argues Chinese manufacturing firms that face financial constraints source imports of intermediate goods from suppliers who make small, frequent shipments.
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Really nice and timely paper!
Forthcoming in the AER: "Market Power and Innovation in the Intangible Economy" by Maarten De Ridder.
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A really nice paper! 👇🏼
It’s nice to finally see it in that font.
“What Firms Do: Gender Inequality in Linked Employer-Employee Data” w/
@alecasarico
is out in the Journal of Labor Economics.
Have a look at it!
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Cool new paper thinking about two-sided matching, spatial heterogeneity, technological change, and income inequality — looking forward to reading this in detail soon! 🤓
📢 My Job Market Paper is now online!
It digs into an important question we know surprisingly little about:
Why has inequality across space increased in so many countries?
It turns out, the answer to this question tells us a lot about... (1/8)
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Who’s not itching to learn more about non-Coasean labor markets?! 🤓😉
@OIGInstitute
@mander_michaud
@illenin
@AbigailWozniak
@AllbriteAllday
@LisaCamnerMcKay
Itching to learn more about non-Coasean labor markets? On 10/5
@economoser
@Columbia_Biz
will present his paper with a theory of labor markets that incorporates job market search frictions + wages that do not quickly adjust to prices changes. Join us 10/5!
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This really cool new paper by
@ZhifengC
and
@Jonheathcote
takes a refreshing new look at the nature of job separations, with important implications for our interpretation of recent labor market phenomena such as "The Great Resignation" and the design of social insurance policies!
I have a new paper with
@ZhifengC
about quits and optimal unemployment insurance:
Should workers who quit their jobs be entitled to UI benefits? In many countries they are; in the US they typically are not. Is there a reason to
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Presenting at
@PrincetonEcon
’s NLS-E junior labor conference this Thursday-Friday. Getting my tail all warm and fluffy 🐿️🤩💪🏽😅
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Really nice paper -- glad to see it in print! 🤓
#QJE
Nov 2023
#2
, “Gender Differences in Job Search and the Earnings Gap: Evidence from the Field and Lab,” by Cortés (
@cortespatico
), Pan (
@jesspan13
), Pilossoph (
@pilossopher
), Reuben (
@ErnestoReuben
), and Zafar:
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Adding this to my reading list g list for 2024! 🤓
New CEPR Discussion Paper - DP18666
Consumption, Wealth, and Income Inequality: A Tale of Tails
@ag_Gaillard
@Brown_Economics
@BrownUniversity
, Christian Hellwig
@TSEinfo
, Philipp Wangner
@Columbia_Biz
@Columbia
,
@nicolas_werquin
@ChicagoFed
#CEPR_MG
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Coauthor landing intuition behind our identification proof at a conference…
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👇🏼🥰
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@KhoaVuUmn
Time seems ripe to start a new field investigating the theoretical foundations for economic growth, or increases in countries’ GDP over time… we could call it “Increase Theory” or maybe “Increase Accounting”. Then we can start an NBER group called “Macroeconomic Increases”! 🤔🤓
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@Dcollier74
Hold your horses there… people can be busy for many reasons. Life and family are among them. If someone struggles with a lot of stuff and still leans into work, I admire that. Don’t be too quick to judge!
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@KhoaVuUmn
Why, thanks for asking -- this is our paper (new version out soon!) about the amenity value of jobs across firms: 🤓😅
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Cool new paper by
@tArmangue
,
@NezihGuner
, and
@a_ruggier
links labor market imperfections to aggregate output losses using data from the World Bank Enterprise Surveys (WBES) + a structural model of oligopsony. +1 to my reading list.
New CEPR Discussion Paper - DP18536
Labor Market Power and Development
Tristany Armangué-Jubert
@tArmangue
@UABBarcelona
@bse_barcelona
, Nezih Guner
@NezihGuner
@CEMFInews
, Alessandro Ruggieri
@a_ruggier
@CUNEF
#CEPR_LE
,
#CEPR_MG
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Really nice paper on consumer credit, job search, and worker/firm heterogeneity. Saw an early version of this presented by
@KyleHerkenhoff
and super happy to see it in print now:
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To find out more about gender inequality in pay, amenities, and employment, check out our new working paper: ...and let us know what you think! 19/19
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👇🏼👏🏼💪🏽 The only thing I disagree with is the spelling of “labour” 😉😅😇
Meet our Fellow
@CarrilloTudela
, Professor of Economics at
@Uni_of_Essex
! A leading figure in the area of macro labour, Carlos’ research has been used as evidence in UK parliamentary enquiries & informed the Bank of England’s Monetary Policy Committee.
➡️
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In a follow-up paper to my seminal work on the effect of dress codes on student evaluations, I study the role of different types of outfits on students' perceptions. Results corroborate previous evidence that ties don't matter! 👔😇
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Come spend a year with us! 😃🙌🏼💪🏽
A reminder, if you're interested in applying, that the deadline is two weeks away: I'm looking for Econ PhD candidates who would like to do a post-doc at Columbia University under my supervision. Please apply by November 15, 2023.
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@and_joy_
I think that, clearly, this award has to go to A.D. Roy of the synonymous model, which really was not a model in the modern sense but a great narrative -- I remember hunters, and fishermen, and rabbits, but no equations!
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👇🎉
📢Dear SED friends: the 2024 program is online!!
Looking forward to seeing you in BCN for a memorable SED conference!🎊
@emanresa82
@SEDmeeting
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Macroeconomist trying to claim identification based on sign restrictions in SVAR analysis
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Always proud to see one of my projects in this fabulous working paper series 👇🏼
Do labor markets in higher-income countries do better matching workers to jobs based on skills rather than idiosyncratic attributes? Read the latest Institute working paper from
@economoser
@orianabandiera
@AnanyaKotia
@andreapratnyc
+ Ilse Lindenlaub:
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Economics professor watching their research idea being executed by one of their PhD advisees:
Forcing bakers to watch people turn their loaves into bread bowls
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@PorzioTommaso
Topics you will work on include firm growth in developing economies, labor market inequality, wage rigidity across inflation regimes, business dynamism and the macroeconomy. Emphasis on large microdatasets guided by rigorous economic models. Theory and measurement. Lots to learn!
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Really interesting new paper by
@GUlyssea
,
@GMGonzaga2
, and C.A. Belchior -- highly recommended! 🤓👇
New paper out w/
@GMGonzaga2
and C.A. Belchior!
We use unique admin data from Brazil to study the effects of a large-scale housing lottery program, Minha Casa Minha Vida, and to understand the mechanisms by which neighborhoods affect the economic outcomes of adults. 🧵👇
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@claudferraz
I would not trust these guys 😉 in all seriousness though, we have enjoyed contributing to this contentious debate and we’ve benefitted greatly from the many great Brazilian contributors to our stock of knowledge on the issue. 🤓🇧🇷
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This is a unique opportunity—highly recommended!
We’re wrapping up our 2023 highlights with our annual call for applications to join us as an Institute visiting scholar. Multiple positions available. Open to social science Ph.Ds. Office space and outstanding research environment. Apply here!
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Love these slides’ design being in line with the Fortran philosophy 😅🫣
Fortran 2023 has been published:
For a summary of changes to the language, see John Reid's slides here: .
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@PorzioTommaso
Finally, you will become part of our strong family of economists at
@Columbia_Biz
consisting of
@PorzioTommaso
, myself,
@manysheva_k
,
@cristobalotero
,
@JSchreger
,
@Conor_A_Walsh
,
@j_perego
,
@wdessein
,
@andreapratnyc
, and many others. Ask our current RAs!
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In response to "Are you free for an extra faculty meeting next week?" ....
@Olamilekhan10_
This pet flying squirrel put on a performance deserving of an Oscar - playing dead with a broom to get his owner's attention.
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@serdarozkanEN
@STLFedResearch
@SerdarBirinci9
@makotonkjm
@AlessandraVoena
@JoeVavra
@Petrosky_Nadeau
wow, that looks totally awesome!!! 🤓 great addition to the already impressive research program at the
@stlouisfed
💪💪
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The inspiring story behind a really nice paper!
The Brazilian government requires large firms to hire workers with disabilities.
Before writing a paper about this quota for disabled workers, I was exposed to it in several circumstances in my life.
I want to take you on a journey on how I transformed these events into a paper
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@ArielRubinstein
I recognize two of the guys in this photo -- great former predocs of ours at
@Columbia_Biz
! Wishing them and the rest of the cohort a great start into the new AY!!! 🤓💪🙌
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Come work with
@PorzioTommaso
, myself and other professors in the field of economics, including all areas but with a focus on macroeconomics, broadly defined. We love mentoring young talent and investing in our RAs' skills. And it shows in our world-class PhD program placements!
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@KhoaVuUmn
While we’re at it, why don’t we also abandon the assumption of a representative agent in all economic models?! I hereby advocate for a new generation of “Different-Agent Models”… they might even be useful for monetary-policy analyses (DANK)! 😂
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All three very well deserved!! 🤩💪🏽😃🙌🏼🤓
Join us in congratulating the Upjohn Institute 2023 Dissertation Award winners. These year, we chose two first prizes and one honorable mention. First prizes go to
@AlthoffLukas
and
@PaulineCarry
. Honorable mention goes to Virginia Minni. Read more:
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Really happy to see the Academy recognize
@PikaGoldin
's work on women's relative pay and compensating differentials. It's been a huge inspiration for our work on this topic:
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2023 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Claudia Goldin “for having advanced our understanding of women’s labour market outcomes.”
#NobelPrize
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I should add that I was lucky enough to have taken a mini-course co-taught by Bob Lucas,
@ben_moll
, and Xavier Gabaix at NYU in the summer of 2011... also in attendance were
@jlperla
and
@ChrisTonetti
, I believe! 🤓
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🚨‼️
As we announced in Cartagena last year, and due to our perception that demand to present papers at the SED meetings has been increasing, we decided to increase the supply (we considered increasing prices ....).
Thus, the first WInter Meetings of the SED will take place... 🥁 1/3
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@SorryToBeKurt
I thought we should judge models based on their predictions, not their assumptions (a point made by Friedman — I think there was an analogy to Minnesota Fats, the professional pool player)? 🤔😉
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Future work should study heterogeneous treatment effects as well as control for school fixed effects, subject fixed effects, and time-of-day fixed effects. I am actively looking for predocs, postdocs, and other researchers in the field to help. NBER SI workshop details to follow.
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Highly recommended 👇🏼
I've been thinking a lot about how to structure this and what to cover! I hope it'll be useful.
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So far, so good. Here is where our contribution starts. We show that workplace attributes tend to be better for women, especially at large employers. Like, more part-time work and parental leave generosity, and fewer workplace hazards. 6/19
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Walked >42.195km yesterday. Think of it as the world’s slowest marathon 😅💪🏽😇
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@oksana_leukhina
@MarkLJWright
@serdarozkanEN
@stlouisfed
What an amazing set of hires... chapeau, St. Louis!
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Love this paper! Sheds new light on gender utility (not just pay) differences at work! 👇🏼
Economists care more and more about meaningful work! But who has more meaningful jobs in the labor market? Some key patterns from our recent paper in Management Science using nationwide Swedish survey data (N=121,000) (). 1/8
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@danascoot
Join me on my crusade to eliminate the micro vs. macro distinction!! 💪🏽😈💪🏽 what is it useful for anyway? Search is a field that accommodates both elegant theory and massive data. That’s it!
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👇🏼🤓
I'll be teaching about data resources for macro-dev economists interested in the agriculture sector. Tune in >>
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👇🏼‼️
1/3: We've posted an update to "Minimum Wages, Efficiency and Welfare". Main result: In a model that matches a wide set of empirics on labor markets, tiny welfare gains exist via the *efficiency* channel of addressing monopsony power in labor markets.
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