Ioana Marinescu
@imarinescu.bsky.social
4.7K followers 780 following 240 posts
Economist @PennSP2, former principal economist Department of Justice #Antitrust Division. #AI, labor, IO, public, macro. Better the world through knowledge. www.marinescu.eu
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imarinescu.bsky.social
🚨 New paper alert! 🚨 Co-authored with Jose Azar: Chapter 10 - Monopsony Power in the Labor Market, in the Handbook of Labor Economics. doi.org/10.1016/bs.h... Honored to contribute to this series that inspired me as a young researcher! 🙌 #EconSky 🧵
Reposted by Ioana Marinescu
cepr.org
AI Acquihires: Competition Risks, Talent Battles and Economic Spillovers Webinar - 8 October @ 17:00 CEST

🗣️Jonathan Kanter @lugaricano.bsky.social @imarinescu.bsky.social @igorletina.bsky.social Hans Zenger

Moderator: @florianederer.bsky.social
Register: cepr.org/events/ai-ac...
#EconSky
imarinescu.bsky.social
Some context: I used to ask “what are you working on?” but I learned some people would rather not talk about it for various reasons. So the more general “what are you excited about in your field?” lets them EITHER talk about what they’re working on or some other interest.
imarinescu.bsky.social
Fellow economists, what kind of question would you most like to be asked when meeting someone at a conference? #EconSky
1. What are your working on?
2. What is your field?
3. What is exciting in your field?
4. Other: spill the beans!
Reposted by Ioana Marinescu
aaronsojourner.org
Common Ownership & Employee Earnings
updated & improved

Consider a pair of companies that sell into the same product market. If pair shares common owners, the owners have incentive for pair to soften competition.

Same with local labor market competition
papers.ssrn.com/sol3/papers....
Common Ownership and Employee Earnings *
José Azar Xin Dai Yue Qiu Aaron Sojourner
September 15, 2025
Abstract
Using administrative data in the manufacturing sector from the U.S. Census Bureau, this paper provides the first evidence on the effect of common ownership on
employee earnings. Using firms’ additions to the S&P 500 index as a shock to their
local competitors’ common ownership, we find that, after a same-industry competitor enters the S&P 500 index, the average employee earnings of S&P 500 incumbents
in the same local labor market decrease. Additionally, these firms’ employment increases. These findings are inconsistent with the canonical oligopsony models but our generalized model of oligopsony incorporating a recruitment intensity margin can rationalize them
imarinescu.bsky.social
Proud to support @anthropic.com’s new Economic Futures Program as a member of their Economic Advisory Council!
• Research grants up to $50,000 (rolling basis)
• Policy proposal competition
• Expanded Economic Index data access
Apply: www.anthropic.com/economic-futures
#AI #EconSky
Anthropic Economic Futures
A multidisciplinary program funding research grants, policy development, and data infrastructure to help society understand and navigate AI's economic transformation.
www.anthropic.com
imarinescu.bsky.social
proffionasm.bsky.social
A center for conservative thought creates a market test: can its scholars develop logical, strong, useful ideas that stand up to the intellectual questioning of students and colleagues? It may be hard to defend racism & autocracy good, science bad, oligarchs should get all society’s wealth, etc
imarinescu.bsky.social
“Us vs. them” mentality is not the way to intellectual progress nor to a healthy democratic debate.👇
imarinescu.bsky.social
There are no homogeneous blocks but loose webs of ideas and those in power pick and choose depending on the interests of the moment. Having a stronger broader web of ideas that have been tested through intellectual debate is useful.
imarinescu.bsky.social
“Us vs. them” mentality is not the way to intellectual progress nor to a healthy democratic debate.👇
evanbernick.bsky.social
This would be an extremely bad idea. It will not satisfy them. It will acknowledge that they are right about something. It will empower them. Literally nothing that anyone should do, should be oriented towards placating this administration.
wsj.com
Exclusive: Harvard leaders have discussed creating a center for conservative scholarship as the school fights the Trump administration’s accusations that it is too liberal.
Reposted by Ioana Marinescu
simonjaeger.bsky.social
Very excited that our paper (joint with Jarkko Harju and ‪@schoefer.bsky.social‬) on "Voice at Work" is published in the American Economic Journal: Applied Economics. We study what happened when workers in Finnish firms got a right to worker voice on the corporate board. 👇
Reposted by Ioana Marinescu
maxkasy.bsky.social
🧨 New draft dropped:🧨
"Cash Transfers,
Mental Health and Agency:
Evidence from an RCT in Germany"
maxkasy.github.io/home/files/p...

Companion paper to our paper on basic income and labor supply.
Corresponding author Freddie Schwerter (@freddieschwerter.bsky.social).
#basicincome #UBI
imarinescu.bsky.social
Yes, continuing unemployment claims are up, but the US labor market remains remarkably stable across most indicators in 2025. Context matters: this is a slight softening, not a crisis. My analysis in @Forbes.com explains the full picture www.forbes.com/sites/zachar... #EconSky​​​​​​​​​​​​​​​​
More Americans Staying On Unemployment Amid ‘Slight Slowdown’ Of Economy
Losses in service jobs sparked the first negative job growth in two years.
www.forbes.com
Reposted by Ioana Marinescu
aaronsojourner.org
The report looks strong. The Powell attack was disconnected.

+147K jobs gained last month (mid-May to mid-June).
+16K jobs in revisions of prior 2 months

The big picture
Reposted by Ioana Marinescu
aaronsojourner.org
EXTREMELY BAD NEWS for economic research, per former BLS Commissioner @ericagroshen.bsky.social on LinkedIn.

BLS is suspending access to its restricted data "for the forseeable future." Applies to projects through the Federal Statistical Research Data Centers & onsite projects with BLS.
#EconSky
imarinescu.bsky.social
So excited to witness the opening of a new pedestrian bridge in Philadelphia!!! This was a special preview event and the official opening is on Saturday: schuylkillbanks.org. #Philly proud!
Reposted by Ioana Marinescu
ant1germain.bsky.social
JM update: it's been a while that I should have announced here that this summer I'll join @upenn.edu
as a postdoc working with @imarinescu.bsky.social . I really look forward to it and I am immensely grateful to my letter writers for support on this #econjobmarket !
imarinescu.bsky.social
The Council will help inform help inform the Anthropic Economic Index, which you can download for free to better understand how #AI is used in various jobs. Download here #EconSky: www.anthropic.com/economic-ind...
Anthropic Economic Index
Understanding AI’s effects on the economy over time
www.anthropic.com
Reposted by Ioana Marinescu
kellyfoley.bsky.social
Registration for the @cleforum.bsky.social conference (April 25 & 26 in Toronto, in partnership with @stone-centre-ubc.bsky.social ) open until April 15. Join us for a keynote lecture by @imarinescu.bsky.social and papers on wide variety of labour topics: stonecentre.economics.ubc.ca/call-for-pap...
Reposted by Ioana Marinescu
weakinstrument.bsky.social
If you do this since 1929, it's even worse.

Today was worse than 99.6% of trading days since 1929. It was the 95th worst day of all time (out of >24,000 days), and the 35th worst day since 1945.
Reposted by Ioana Marinescu
stone-centre-ubc.bsky.social
The Stone Centre is proud to be a sponsor of the upcoming @cleforum.bsky.social conference, featuring presentations from @imarinescu.bsky.social, Stone Centre Director, Thomas Lemieux, and many others. Registration is now open: stonecentre.economics.ubc.ca/news-and-eve...
imarinescu.bsky.social
Reminder: you have until March 31 to apply for this #AI funding opportunity, Looking forward to reading your proposals! #EconSky 👇
imarinescu.bsky.social
🚀 Funding opportunity (now with correct link)! 🚀
What does #AI mean for the labor market? 🤔
I'm excited to partner with Schmidt Sciences to offer up to $200,000 in funding for early-career researchers!
🗓️ Deadline March 31 2025 🗓️
🙏 Share! #EconSky
🔗 Learn more & apply: schmidtsciences.org/ai-at-work/
imarinescu.bsky.social
😂 I didn’t know Brooks was THAT unpopular. Your choice, kid!