How costly is bad health? Here is a paper about it that we just published (my coauthors and I started talking about this project in 2012)… google.com/url?q=https://…

Very nice paper from Mariacristina and my former students from UVA, Svetlana and Poe (I was their third reader). Congrats!

Mariacristina De Nardi Happy to see it in print! A must-read🙌

Tom Sargent at his best: econometricsociety.org/uploads/Obitua…

Very interesting!

Recently accepted to REStud, ``The Lifetime Costs of Bad Health,'' from De Nardi, Pashchenko and Porapakkarm: restud.com/the-lifetime-c…

Hers is some new work on health. How unequal is it?

Very cool paper👇🏼

If you are interested in dynamics of health over life cycle, and what accounts for heterogeneity in health dynamics across individuals, this paper is a must read 👇

Well done paper! It shows that basic income payments reduce earnings & have no benefit beyond the cash value to households. But this is not the right question. The big question is what happens if we also remove the disincentives to work & save in existing anti-poverty programs?

Sylvain Catherine In our paper "The Distribution of Household Debt in the United States, 1950-2019" with Alina Bartscher Moritz Schularick and Ulrike Steins, we quantify some of the intergenerational redistribution in the housing market. Link to paper: drive.google.com/file/d/1RJd7kw…

A reflection about how prices adjust and what that implies.

The Penn Wharton model is high-quality, non-partisan analysis. Trump campaign has *really* bought into MMT & the view that debt doesn’t matter. But we economists have to educate the public or it’s going to be hard for *any* politician to head off our impending fiscal crisis.

I’ve done a big update of my notes on computation for heterogeneous-agent macro. They start with the endogenous grid method and end with by solving a HANK model using sequence space Jacobians. Codes are in Julia. alisdairmckay.com/Notes/HetAgent…

There is more than one tool to make more affordable housing. Manufactured housing made up 1/3 of single family homes before 1974. Then, Congress imposed that they have to be permanently attached to a rolling trailer, which made them almost disappear.

Andreu Mas-Colell (PhD '72) received the University of Minnesota Outstanding Achievement Award, an honor reserved for the University’s most distinguished graduates. Heller-Hurwicz Economics Institute cla.umn.edu/economics/news…

A review of the patterns between poverty and health outcomes, and an overview of policies that may improve the health of the poor, from Adriana Lleras-Muney, Hannes Schwandt, and Laura Wherry nber.org/papers/w32866

Econ job market candidates, Minnesota is hiring. Please apply! We look forward to your application!

New CEPR Discussion Paper - DP19434 #Health #Inequality and Health Types Margherita Borella Università di Torino Collegio Carlo Alberto, Francisco Bullano University of Minnesota, Mariacristina De Nardi University of Minnesota Minneapolis Fed, Benjamin Krueger Northwestern, Elena Manresa New York University ow.ly/a0yO50TglP4 #CEPR_LE #CEPR_PE