Tommy Iao
@tommy_iao
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Econ PhD student at NYU @NYUFASEcon | Macro, Monetary & Fiscal policy | On the 2024-2025 job market | Born in Macau 🇲🇴
New York, NY
Joined January 2017
1/ Are stimulus checks effective in stimulating the economy during recessions? In my JMP, I find the answer is NO. Why? Heightened unemployment risk lowers the marginal propensity to consume (MPC). 🧵👇 #EconTwitter #Econjobmarket
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RT @KarstenMueIIer: 🚨 New Paper and Public Good🚨 "The Global Macro Database: A New International Macroeconomic Dataset", joint with @chenz…
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RT @mostrovs: One would normally want to wait longer to evaluate the effects of major policy changes, but the results of the first three da…
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RT @HannoLustig: 2024 may also be remembered as the year U.S. fiscal exuberance died. post-mortem 🧵 on how we got here. Right now, with…
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RT @borusyak: TWIMC, I've updated my PhD Applied Econometrics teaching slides to the 2024 edition. Feel free to use, and any feedback is…
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RT @JPolEcon: The JPE is pleased to announce that the Robert E. Lucas Jr. Prize for 2025 has been awarded to Chris Edmond, Virgiliu Midriga…
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RT @XJaravel: 1/5 Looking for a clear and gentle intro to shift-share instruments? I'm excited to release today our "practice guide to sh…
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RT @fpvinay: The Fujita/Moscarini/Postel-Vinay series of Employer-to-Employer transitions is now available on FRED. Check it out! Many than…
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RT @YadSelvakumar: 1/ 🚨 Want to include individual-level micro data to estimate your het-agent macro model? In my #JMP, Tommy and I propos…
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@E_Savoia_Econ @ChalleEdouard Thanks Ettore! I have learnt a lot from reading your paper. Look forward to your work with Challe!
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Thanks for reading! 📄 Full paper: 🌐 Check out my website for more on heterogeneity and monetary-fiscal policy:
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