Lightnews — Scholar-powered news

Pedro Gomes @pedromaiagomes.bsky.social · 21d

I'm thrilled to share that I've been shortlisted for the 𝐏𝐚𝐧𝐦𝐮𝐫𝐞 𝐇𝐨𝐮𝐬𝐞 𝐏𝐫𝐢𝐳𝐞 – a global award inspired by the legacy of Adam Smith, recognising research that explores the relationship between long-term thinking and radical innovation. It is an honour.

Heriot-Watt News @heriotwattnews.bsky.social · 21d

Four global thought-leaders have been shortlisted for the $75,000 Panmure House Prize — one of the world’s largest awards in financial research.

Good luck to the finalists:
🔹 Joshua Pearce
🔹 Killian Huber
🔹 Pedro Gomes
🔹 Tima Bansal

tinyurl.com/yyvdnefb

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Heriot-Watt News @heriotwattnews.bsky.social · 21d

Four global thought-leaders have been shortlisted for the $75,000 Panmure House Prize — one of the world’s largest awards in financial research.

Good luck to the finalists:
🔹 Joshua Pearce
🔹 Killian Huber
🔹 Pedro Gomes
🔹 Tima Bansal

tinyurl.com/yyvdnefb

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SCIENMAG @scienmag.bsky.social · 21d

Panmure House Prize Shortlist Revealed

An international cadre of preeminent researchers and scholars has been shortlisted for the esteemed Panmure House Prize 2025, a prestigious award celebrating groundbreaking advancements in financial research that champion long-term thinking and innovation.…

Panmure House Prize Shortlist Revealed

An international cadre of preeminent researchers and scholars has been shortlisted for the esteemed Panmure House Prize 2025, a prestigious award celebrating groundbreaking advancements in financial research that champion long-term thinking and innovation. With a substantial monetary endowment of $75,000, the Prize underscores the critical importance of strategic economic foresight and institutional ingenuity that can shape sustainable societal progress over generations.

scienmag.com

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Pedro Gomes @pedromaiagomes.bsky.social · Jul 25

We highlight several of the potential channels by which a four-day week can affect global health, positively or negatively, and call for more trials, to help quantify these channels. You can read it here: rdcu.be/exjCN

How the four-day working week could affect health

Nature Human Behaviour - How the four-day working week could affect health

rdcu.be

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Pedro Gomes @pedromaiagomes.bsky.social · Jul 25

𝐍𝐚𝐭𝐮𝐫𝐞 𝐇𝐮𝐦𝐚𝐧 𝐁𝐞𝐡𝐚𝐯𝐢𝐨𝐮𝐫 just published a correspondence that I wrote together with Rita Fontinha, Brendan Burchell, and health economists Jolene Skordis, Pedro Pita Barros and Sotiris Vandoros.

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Pedro Gomes @pedromaiagomes.bsky.social · Jun 19

Great (and skeptical) discussion about the 4 day week. www.thestudiesshowpod.com/p/episode-76...

Episode 76: The four-day week

Listen now | As The Cure put it: "Friday I'm Out of Office"

www.thestudiesshowpod.com

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Pedro Gomes @pedromaiagomes.bsky.social · May 5

Por fin es jueves, es el libro de la semana #25siete. www.257.uy/post/por-fin...

Por fin es jueves

De Pedro GomesPor fin es jueves, del economista Pedro Gómes, es un libro que viene a cuento porque ese día de esta semana se conmemora el Día Internacional de los Trabajadores, cuando en 1886 se lucha...

www.257.uy

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Javier Ibáñez Martínez 🔻 @javieribanyez.bsky.social · Jan 26

Es posible trabajar menos, ser más productivo, vivir mejor.
Gente con convicción y capacidad de innovación como el amigo José Manuel Felisi lo hacen posible.

#TrabajarMenos para #VivirMejor

@joansanchis.com @nomdedeu.bsky.social @htejero.bsky.social @pedromaiagomes.bsky.social

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Quantitative Economics @qe-editors.bsky.social · Dec 30

The mismatch problem: 34% of workers with college are underemployed, 11% of workers without college are overemployed. We quantify the economic costs of this mess, and how it affects the college premium debate. #economics #labor #mismatch @pedromaiagomes.bsky.social https://buff.ly/4gwhKOw

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 19

𝐌𝐚𝐝𝐞 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞: 𝐦𝐨𝐧𝐞𝐭𝐚𝐫𝐲 𝐚𝐧𝐝 𝐟𝐢𝐬𝐜𝐚𝐥 𝐩𝐨𝐥𝐢𝐜𝐲 𝐢𝐧𝐭𝐞𝐫𝐚𝐜𝐭𝐢𝐨𝐧𝐬 𝐰𝐢𝐭𝐡 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐟𝐫𝐢𝐜𝐭𝐢𝐨𝐧𝐬
Financial frictions + policy mix = post-crisis divergence. The US eased its way to recovery; the EA tightened its belt and stalled. Turns out, inflation isn’t always the villain!
#Macroeconomics
doi.org/10.1016/j.eu...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 18

𝐇𝐮𝐦𝐚𝐧 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐚𝐧𝐝 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭
Want a stronger economy? Pairing education with financial reforms creates a 30% bigger growth boost than tackling each alone. Who knew diplomas and credit lines were the dream team? 🎓📈 #FinancialDevelopment #EconomicGrowth #HumanCapital
doi.org/10.1093/ej/u...

The Visible Hand Podcast @visiblehandpod.bsky.social · Dec 16

Episode 86: Dan Gross on Labour Market Responses to Automation. #EconSky. Listen here at: www.thevisiblehand.uk/episodes/epi...

Episode 86: Dan Gross on Labour Market Responses to Automation — The Visible Hand

www.thevisiblehand.uk

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 15

𝐈𝐦𝐦𝐢𝐠𝐫𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐋𝐚𝐛𝐨𝐮𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐥𝐨𝐰𝐬
Immigration myths busted: More immigrants ≠ fewer jobs for natives. From Spain to the U.S., migration inflows barely nudge native job-finding or job-separation rates. Turns out, the labor market pie grows! 🥧🌍 #LabourEconomics #Immigration

doi.org/10.1016/j.la...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 14

𝐏𝐮𝐛𝐥𝐢𝐜-𝐬𝐞𝐜𝐭𝐨𝐫 𝐞𝐦𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭, 𝐰𝐚𝐠𝐞𝐬 𝐚𝐧𝐝 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬
Raise public wages for top jobs and everyone studies harder 📚—but also lines up longer for those cushy jobs. Turns out, balancing education incentives and job queues is tougher than it looks! #PublicEmployment #Education
doi.org/10.1016/j.la...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 13

𝐏𝐮𝐛𝐥𝐢𝐜 𝐞𝐦𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐡𝐨𝐦𝐞𝐨𝐰𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐝𝐲𝐧𝐚𝐦𝐢𝐜𝐬
Public-sector jobs in Italy: the ultimate homeownership hack 🏠✨. With stable contracts and less loan rejection, it's easier to trade job security for a house key. Meanwhile, private-sector workers? Still saving up. #Economics
doi.org/10.1007/s111...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 12

𝐏𝐮𝐛𝐥𝐢𝐜 𝐞𝐦𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 𝐫𝐞𝐝𝐮𝐱
Public sector: where a Master's degree can land you an unskilled job. 📚➡️💼 Wage compression and underemployment make it the ultimate plot twist for skilled workers. #PublicEmployment #Underemployment #Economics

doi.org/10.1016/j.jg...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 12

𝐉𝐮𝐦𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐪𝐮𝐞𝐮𝐞
Public-sector hiring: where connections beat CVs 🤝📄. Turns out, nepotism can lower unemployment by shortening queues for cushy jobs—but meritocracy is definitely side-lined. The problem is not nepotism, it is those cushy jobs. 🏢📉 #PublicEmployment #Nepotism
doi.org/10.1016/j.re...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 11

𝐇𝐨𝐰 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐚𝐫𝐞 𝐰𝐨𝐫𝐤𝐞𝐫 𝐠𝐫𝐨𝐬𝐬 𝐟𝐥𝐨𝐰𝐬 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐩𝐮𝐛𝐥𝐢𝐜 𝐚𝐧𝐝 𝐩𝐫𝐢𝐯𝐚𝐭𝐞 𝐬𝐞𝐜𝐭𝐨𝐫? Job-to-job flows between public and private sectors are rare, like unicorns 🦄. Most public hires come from non-employment. Queues for public-sector jobs are real—and inefficient. 🏢🔄 #PublicEmployment
doi.org/10.1016/j.ec...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 11

𝐋𝐚𝐛𝐨𝐮𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐟𝐥𝐨𝐰𝐬: 𝐚𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐩𝐮𝐛𝐥𝐢𝐜 𝐬𝐞𝐜𝐭𝐨𝐫
Public-sector jobs: safer than a seatbelt! 🚗 Workers would forgo up to 2.9% of their wages for that sweet job security, proving stability is the ultimate work perk.⚖️
#LabourMarket #PublicEmployment #Economics #JobSecurity doi.org/10.1016/j.la...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 10

𝐋𝐢𝐭𝐞𝐫𝐚𝐜𝐲 𝐚𝐧𝐝 𝐩𝐫𝐢𝐦𝐚𝐫𝐲 𝐬𝐜𝐡𝐨𝐨𝐥 𝐞𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐢𝐧 𝐏𝐨𝐫𝐭𝐮𝐠𝐚𝐥: 𝟏𝟗𝟒𝟎-𝟔𝟐
Portugal’s 1940s school-building spree: 80% of new enrolments, 13% literacy growth, and a nation catching up—one classroom at a time. Who knew bricks and books could be so powerful?📚 #EducationMatters #EconomicHistory
doi.org/10.1017/S021...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 10

𝐇𝐞𝐭𝐞𝐫𝐨𝐠𝐞𝐧𝐞𝐢𝐭𝐲 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐩𝐮𝐛𝐥𝐢𝐜 𝐬𝐞𝐜𝐭𝐨𝐫 𝐰𝐚𝐠𝐞 𝐩𝐨𝐥𝐢𝐜𝐲
Public sector wages: pay too much, and everyone queues like it's a concert 🎟️. Pay too little, and skilled workers vanish like Wi-Fi on a train 🚄. Balance is everything! ⚖️ #Economics #PublicEmployment #PublicWages #LabourMarket

doi.org/10.1111/iere...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 9

𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐧𝐠 𝟑 𝐝𝐞𝐜𝐚𝐝𝐞𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐨𝐟 𝐂𝐮𝐥𝐭𝐮𝐫𝐞
The European Capital of Culture boosts GDP by 4.5%—turns out arts and culture aren't just for the heart, they're for the wallet too! 🎭💰 Hosting cities: proving that creativity is a solid investment. #CulturalEconomics
doi.org/10.1007/s108...

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ROCKWOOL Foundation Berlin @rfberlin.bsky.social · Dec 9

🆕 Chapter of the Handbook of Labor Economics in our #DiscussionPaper Series: Pierre Cahuc provides an in-depth overview of the economic literature on short-time work programs, exploring their history, impact on employment and policy implications. www.rfberlin.com/research/the...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 9

𝐇𝐮𝐦𝐚𝐧 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐬𝐢𝐳𝐞 𝐝𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐨𝐟 𝐟𝐢𝐫𝐦𝐬
Secondary education: the real MVP of firm size. More high school grads = bigger, more productive businesses. Turns out, diplomas don't just change lives—they scale companies too! 🎓 #Economics #HumanCapital #FirmSize

doi.org/10.1016/j.re...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 8

𝐔𝐧𝐨𝐛𝐬𝐞𝐫𝐯𝐞𝐝 𝐇𝐞𝐭𝐞𝐫𝐨𝐠𝐞𝐧𝐞𝐢𝐭𝐲, 𝐄𝐱𝐢𝐭 𝐑𝐚𝐭𝐞𝐬 𝐚𝐧𝐝 𝐑𝐞-𝐞𝐦𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 𝐖𝐚𝐠𝐞𝐬 Unemployment duration: skilled workers get the fast lane 🛣️, unskilled face roadblocks 🚧. Firms even ‘over-invest’ in fancy tools to keep the queues exclusive. Productivity meets luxury hiring! #LabourMarket #Wages
doi.org/10.1111/sjoe...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 7

𝐈𝐧 𝐬𝐞𝐚𝐫𝐜𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐝𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐧𝐭𝐬 𝐨𝐟 𝐢𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐚𝐬𝐬𝐞𝐭 𝐦𝐚𝐫𝐤𝐞𝐭 𝐜𝐨𝐦𝐨𝐯𝐞𝐦𝐞𝐧𝐭𝐬
Google Trends predicts European market moves better than some economists! Turns out, search terms like 'fiscal policy' and 'jobs' know more about stocks and bonds than we thought. 📈 #Economics #BigData
dx.doi.org/10.1016/j.ir...

Pedro Gomes @pedromaiagomes.bsky.social · Dec 7

Labour market transition rates: monthly surveys say one thing, quarterly surveys say another. Even with adjustments, they’re like two clocks set to different times—both ticking, but not necessarily in sync! ⏰📊 #LabourEconomics #LabourMarketFlows #Surveys

izajole.springeropen.com/articles/10....

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 6

Awarded the Austin Robinson Memorial Prize so it comes with a video. 2/2

youtu.be/Uar2IvyLxLI?...

How Should We Set Pay in the Public Sector? - RES 2016

YouTube video by RoyalEconomicSociety

youtu.be

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 6

𝐎𝐩𝐭𝐢𝐦𝐚𝐥 𝐏𝐮𝐛𝐥𝐢𝐜 𝐒𝐞𝐜𝐭𝐨𝐫 𝐖𝐚𝐠𝐞𝐬
Public sector wages: set them too high, and the unemployed queue like it's Black Friday. Too low, and no one shows up. Finding the sweet spot? A job for economists, not shoppers. 🛍️📊 #PublicEmployment #LabourMarket #Economics" 1/2

doi-org.lse.idm.oclc.org/10.1111/ecoj...

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Pedro Gomes @pedromaiagomes.bsky.social · Dec 5

Labour market flows: Facts from the United Kingdom

UK labor market flows: workers bounce between jobs, unemployment, and inactivity like a pinball machine 🎰. Recessions speed up the game: job-loss rates up, job-finding rates down. 🎯📊 #LabourEconomics #UKJobs

www.sciencedirect.com/science/arti...

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