Anna Stansbury, Discover and Read the Best of Twitter Threads by @annastansbury

Anna Stansbury

annastansbury

One recent paper that's substantially influenced my thinking is German Gutierrez & @so_piton: "Revisiting the Global Decline of the (Non-Housing) Labor Share"The headline: (non-housing) labor shares have *not declined* in

Thought of the day: Every member of the Harvard community should be ashamed by the fact that we openly practice affirmative action for rich white people in college admissions.(Thread based

A LOT of the proposed solutions to the ZLB rest on r* not being much lower than 0-1%.Exhibit (1) Raising the inflation target:r*=-2% means that even with avg inflation of

In our paper, @LHSummers and I argue that the *decline in worker power* is behind many of the major trends that have shaped the American economy in recent decades [1/N](WP

What do we know about occupational mobility in the US?As you may know, there isn’t very good existing data on it.So @gregorschub, @Bledi_Taska & I construct new occupational mobility data,

New WP! Monopsony and Outside Options (@gregorschub, me, & @Bledi_Taska)How much do workers' outside job options matter for wages? This is important to understand the degree of imperfect competition &

This is a huge mischaracterization of the arguments being made by every economist I know"Epidemiologists are insisting that we must take all necessary steps to control the spread of Covid-19.