Trade and immigration: what's the difference between producing cars in Morocco with Italian capital, design, and brand, or producing them in Italy hiring Moroccan immigrants? O tempora, o mores.

A very interesting post by the Grumpy Economist Modest Proposal

@carlorovelli Was this written by the scientist who I esteem or by a Russian hacker? Collaborate with a brutal, ruthless dictator who flexes nuclear muscles? I stand with Emilio Lussu: "Che ne sarebbe della civiltà del mondo, se l'ingiusta violenza si potesse sempre imporre senza resistenza?"

@RiccardoTrezzi Bene, speriamo continui cosi' o non riprenderemo mai non dico la Germania o la Francia ma nemmeno la Spagna in termini di tasso di occupazione.

@micheleboldrin pero' ha saputo dividere un numero (addirittura uno con la virgola e un decimale) per due, non e' poco di questi tempi.

@dlmillimet Not at all. Here's an example of structural estimation of a discrete choice model that is based on the same identifying assumption of a quasi-experimental one (neither require iid Type 1 EV unobservables):

RT @cepr_org: New CEPR Discussion Paper - DP17644 Science under Inquisition: The allocation of talent in early modern Europe @EdgardDeWitte…

Should we further expand access to higher education and, if yes, how?

@MassimoFamularo @CarloCalenda Si, ma la logica e' evidentemente fallace: non e' che imponendo di pagare 24 mensilita' anziche' 12 si raddoppiano i salari.

RT @CassSunstein: This is a terrific demonstration of the value of sludge reduction, and its potential role in reducing both economic hards…

@arindube Thanks for the comments. Here’s the RD figure not included due to space constraints. The effect is negative for the more affluent, in line with the literature. What we estimate is a local approximation of the marginal effect not meant to be extrapolated as for a linear function.

@ProfEmilyOster @ikuziemko @AtifRMian @florianederer Thanks for the comments. Here’s the figure not included due to space constraints. The effect is negative for the more affluent, in line with the literature. What we estimate is a local approximation of the marginal effect not meant to be extrapolated as for a linear function.