As with every dead child in Berlin traffic, the car-driving human who killed the child will get away with a slap on the wrist.

This driver was going 90 where he was supposed to go 30, over a bike lane and a bus lane to bypass traffic. Still, won't be enough.

I think the word I am looking for is holy frick.

GDP contributions from 2019 to 2024. Germany's GDP would have been 6% lower, had it not been for foreign workers.

(HT @maxkrahe.bsky.social)

Considering growth and fluctuations in a standard Overlapping Generations model with rational expectations, with land, credit friction, and endogenous growth, from Tomohiro Hirano and Joseph E. Stiglitz https://www.nber.org/papers/w33589

⚠️Join us at the Spring Conference on Expectations of Households and Firms hosted by the @bundesbank.de on 24–25 April 2025 at our Conference Centre in Eltville/Rhein.

Only few more seats available
👉Click here for details on programme and registration:
www.bundesbank.de/de/bundesban...

#econsky

Housing supply constraints do not seem to matter for house price and house quantity growth across US cities, from Schuyler Louie, John A. Mondragon, and Johannes Wieland https://www.nber.org/papers/w33576

From the Economist:
A huge majority (74%) of Ukrainians favour fighting on even without US support. A clear majority (59% v 21%) say they believe #Ukraine can still win on the battlefield, in contrast to American officials such as Marco Rubio, the US sec of state, who say it can't.
#UkrainianView

Very interesting cross-country chart here, on voters and their view on #Russia's responsibility for the war in Ukraine.

Overall great stuff by @moreincommonde.bsky.social. www.moreincommon.com/ukrainesuppo...

Strong show of support for 🇺🇦 on the first day of

yourcontributionsquared.eu/en

Six days to go, to coordinate donation pledges

Please consider passing the link on to others, also outside of Bluesky

Deshalb (meinen die Autoren):
www.diepresse.com/19375173/war...

New data alert! 🎉
I published an article in the ifo Schnelldienst that introduces new monthly time series on producer prices and real industrial turnover for the 16 German states since 1991.

Hope to enhance regional business cycle research with these data.
#EconSkyD
@apeichl.bsky.social
@cesifo.org

Price theory is essential for causal inference when the subjects participate in markets, from Robert Minton and Casey B. Mulligan https://www.nber.org/papers/w33228

3D is a monthly online forum for policy and research exchange, which I organize together with Lennart Kaplan + Heiner Janus + many partners (DENeB, DEval, PEGNet, C4ED, BNITM, GIGA, KFW, IDOS, Research Group on Development Economics). More info here: www.3dseminar.net. Winter program below

One of my least favorite aspects of the dominant culture in our field is that if there is one good estimate of something (say the MPC) then it gets much harder to publish additional estimates (especially if they confirm earlier results). 1/4

If you are interested, here is a link to the slides of all presenters/discusssants bfi.uchicago.edu/event/inflat...

#EconSky, what are your favourite examples of papers using micro-econometric methods to answer macro questions?

(I would like to include more such papers as examples in the first-year econometrics course of our PhD sequence.)

onlinelibrary.wiley.com/doi/full/10....