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Princeton Economics @princetonecon.bsky.social · 8d

On Sept 17, @PrincetonGCEPS hosted the 7th annual JIW Research Forum, where 5 Department of Economics seniors showcased their independent research to juniors. Learn more about their work, and watch a recording of the Research Forum here: https://bit.ly/4pUbwgH

Five students standing together smiling in a lecture hall, with a screen behind them advertising a Junior Independent Work Research Forum.

Two students smiling at the camera while sitting in a lecture hall filled with other students.

A senior stands at a podium in a lecture hall, presenting to an audience. There is a PowerPoint slide projected behind the speaker.

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Princeton Economics @princetonecon.bsky.social · 16d

On September 24, Loretta Mester, former president of the Cleveland Fed, joins Alan Blinder at Princeton for a public talk on the economy & monetary policy.

Register to join us in room 399 of the JRR building. Livestream available on Media Central: https://bit.ly/3W1Em0G

Advertisement for a public talk titled 'Update on the Economy and Monetary Policy' featuring speaker Loretta Mester, former President of the Federal Reserve Bank of Cleveland, moderated by Alan Blinder at Princeton University. The event is scheduled for September 24, 2025, at 4:30 PM in room JR 399. The flyer includes logos for the Griswold Center for Economic Policy Studies and the Julis-Rabinowitz Center for Public Policy and Finance.

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Princeton Economics @princetonecon.bsky.social · 16d

In the latest episode of "The Work Goes On", Charles Brown, professor emeritus at Michigan, joins Orley Ashenfelter to discuss unions, pay gaps, productivity, and his career in labor economics.

Listen: https://bit.ly/3koE05i

Podcast graphic for 'The Work Goes On with Orley Ashenfelter', Episode 42, featuring Charles Brown discussing pay gaps, unions, productivity, and the firing of the BLS Commissioner. Featured are images of Orley Ashenfelter and Charles Brown.

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Princeton Economics @princetonecon.bsky.social · 24d

The 16th Princeton Initiative, Alumni Spotlights, and incredible faculty papers! Learn more about what the Economics Department has been working on in our September Newsletter.

https://bit.ly/4noH5wS

September 2025 Newsletter

Welcome Back! The Department of Economics is excited to begin the fall semester! We welcome new and returning students and faculty, looking excitedly at a semester of learning, curiosity, and collabor...

bit.ly

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Princeton Economics @princetonecon.bsky.social · 26d

Princeton hosted the 16th annual Princeton Initiative on Sept 5–7. The program invited second-year Ph.D. students from across the world who focus on macro-finance research with consideration for financial frictions, building a global community.

Details: https://bit.ly/3XBeUkk

Attendees of the Princeton Initiative line the steps of the JRR building in Princeton, facing the camera.

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Princeton Economics @princetonecon.bsky.social · 28d

Today at 8:30 AM ET, Lawrence H. Summers joins Markus' Academy for “Economics and the New Global Disorder.” As former U.S. Treasury Secretary and President Emeritus of Harvard University, Summers brings decades of insight on the global economy.

Register here: https://bit.ly/3Ic9PtK

Princeton Economics @princetonecon.bsky.social · Aug 30

Read the new working paper by Ayşegül Şahin & Bart Hobijn introducing www.LaborMarketUpdate.net. The website offers real-time, research-based analyses of the U.S. labor market, grounded in their macro-labor research.

Read more here: economics.princeton.edu/working-pape...

An image of two individuals studying at a multi-level library at Princeton University. Prominent in the foreground is the cover of a 'Princeton Economics Working Paper' about the U.S. labor market, displayed on a transparent overlay.

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Princeton Economics @princetonecon.bsky.social · Aug 21

A new working paper by Simon Jäger examines two decades of data to answer a simple question: What does consulting do?

The results show lasting productivity gains, higher wages, and organizational change, especially for less productive firms.

Read more: economics.princeton.edu/working-pape...

Interior of a modern building with individuals engaged in various activities. A prominent display features a presentation titled 'What Does Consulting Do?' by Simon Jäger for Princeton Economics and NBER, dated July 2025.

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Princeton Economics @princetonecon.bsky.social · Aug 19

Faculty and affiliates from Princeton’s Industrial Relations Section presented new research at the 2025 NBER Summer Institute, contributing insights on labor markets, public finance, and innovation.

More: irs.princeton.edu/section-atte...

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Princeton Economics @princetonecon.bsky.social · Aug 14

New working paper by Professor Sylvain Chassang in the National Bureau of Economic Research studies Japan’s procurement auctions to show how subjective scoring reduces collusion by exploiting imperfect monitoring.

economics.princeton.edu/working-pape...

Interior of a modern building at Princeton University. Individuals are engaged in various activities around a spacious area with large windows and balconies. A presentation overlay about 'Scoring and Cartel Discipline in Procurement Auctions' by Sylvain Chassang is visible.

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Princeton Economics @princetonecon.bsky.social · Aug 8

Professor Sylvain Chassang’s new paper with the French Council of Economic Analysis rethinks EV policy by accounting for the used car market. Targeted fuel reductions and smarter subsidies may offer better climate impact than blanket EV adoption.

Read more: economics.princeton.edu/news/sylvain...

Sylvain Chassang smiling at the camera in front of a presentation slide titled "The Overlooked Bargains of EV Adoption Policy", Griswold Center for Economic Policy Studies Working Paper No. 344, dated July 2025.

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Princeton Economics @princetonecon.bsky.social · Aug 7

What if decarbonizing car use didn’t rely on bans?

On Aug 12 at 12:30 PM ET, Sylvain Chassang joins Markus’ Academy to share a new approach: “Keep, Cut, Commit.”

Hosted by Markus Brunnermeier and live on Zoom, the event is open to all!

Sign up here: economics.princeton.edu/events/sylva...

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Princeton Economics @princetonecon.bsky.social · Aug 6

New in The Chronicle of Higher Education, Princeton’s Zachary Bleemer finds that colleges are increasingly offering greater returns to wealthier students than low-income ones. Access to selective universities and high-return majors is a key reason.

Read more here: www.chronicle.com/article/why-...

Why the College Premium Is Shrinking for Low-Income Students

Attending college once provided a similar payoff for students regardless of their parents’ income. But that’s no longer the case, according to new research.

www.chronicle.com

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Princeton Economics @princetonecon.bsky.social · Aug 2

@simonjaeger.bsky.social‬'s new paper in AEA estimates the effects of worker voice on productivity, job quality, and separations. A Finnish reform granting workers representation increased labor productivity and reduced involuntary separations.

Read more: bit.ly/4fmycBe

Interior view of a modern building with individuals working. A large poster displays information about a published paper titled "Voice at Work" by Simon Jäger, featured in the American Economic Journal: Applied Economics.

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Princeton Economics @princetonecon.bsky.social · Jul 31

From a global conference honoring Nobu Kiyotaki to thought-provoking research and new faculty appointments, explore the highlights from our July newsletter:
www.linkedin.com/pulse/july-2...

Stone tiger with trees and bushes in the back.

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Princeton Economics @princetonecon.bsky.social · Jul 31

Earlier this summer, Princeton’s Louis A. Simpson Center hosted a two-day conference celebrating Nobuhiro Kiyotaki’s 70th birthday and groundbreaking contributions to economics.

Read more about the event and his legacy: economics.princeton.edu/news/confere...

Professor Kiyotaki delivering a speech at a podium during a formal event, reading from a paper with an attentive audience in the background.

Group photo of multiple individuals standing in front of a modern building with columns.

Professor Kiyotaki, in a blue shirt and glasses, engaged in a conversation with another attendee at a conference, both smiling, with other participants in the background.

A person standing at a podium, speaking into a microphone, with a blurred background of trees.

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Princeton Economics @princetonecon.bsky.social · Jul 29

Professor ‪@zbleemer.bsky.social's‬ latest working paper analyzes a shrinking “college-going premium” for low-income students. Stratified university quality, rising for-profit & community college enrollment, and major shifts are among the reasons.

Read more: economics.princeton.edu/news/zachary...

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Princeton Economics @princetonecon.bsky.social · Jul 28

Griswold Center for Economic Policy Studies welcomes Loretta Mester, former President of the Cleveland Federal Reserve and Princeton Ph.D., as a Senior Research Scholar. She joins GCEPS this September and will deliver a public talk on monetary policy on September 24.

Learn more: bit.ly/4faQjtD

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Princeton Economics @princetonecon.bsky.social · Jul 23

At this year's pre-doctoral economics conference, @PrincetonEcon expanded the format to bring together pre-docs from multiple institutions for the first time, fostering a broader intellectual community of early-career researchers.

Learn more: bit.ly/4lBqXHU

Pre-Doctoral Economics Conference expands its scope in 2025

The 2025 Pre-doctoral Economics Conference expanded to include pre-docs from eight other institutions

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Princeton Economics @princetonecon.bsky.social · Jul 21

At 99, former U.S. Treasury Secretary and Princeton Ph.D. alumnus W. Michael Blumenthal has launched a new career as a novelist. His debut historical thriller, The ‘Payday’ Conspiracy, marks the start of yet another extraordinary chapter.

www.tapinto.net/towns/prince...

Michael Blumenthal is writing notes at a desk filled with books and papers in a library setting.

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Princeton Economics @princetonecon.bsky.social · Jul 18

@chorzempa.bsky.social joined #MarkusAcademy with Markus Brunnermeier to unpack the geopolitics of global payments: USD dominance, RMB challenges, and the future of stablecoins vs. CBDCs.

Watch the full conversation and summary: bcf.princeton.edu/events/marti...

A screenshot of a virtual presentation by the Peterson Institute for International Economics (PIIE) titled "Moving Money around the World." The slide features bullet points about global financial transactions and the SWIFT system. Martin Chorzempa and Markus Brunnermeier are discussing the contents.

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Princeton Economics @princetonecon.bsky.social · Jul 16

In a tribute to Janet Currie, Henry Putnam Professor of Economics and Public Affairs at Princeton SPIA and co-director of CHW, students and colleagues reflect on her remarkable impact on economics, policy, and mentorship.

Watch the video: www.youtube.com/watch?v=nBTU...

Thank You, Janet!

YouTube video by Princeton Economics

www.youtube.com

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Princeton Economics @princetonecon.bsky.social · Jul 7

‪@cnn.com's Michael Smerconish sat down with Princeton’s ‪@omzidar.bsky.social‬ to talk about the “stealthy wealthy”, entrepreneurs quietly building fortunes through essential businesses.

Watch here: www.youtube.com/watch?v=rRL4...

Who are the 'stealthy wealthy' and how do they make their money?

YouTube video by CNN

www.youtube.com

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Princeton Economics @princetonecon.bsky.social · Jul 2

Our June newsletter highlights a tribute to Janet Currie’s pioneering work, 2024’s top labor econ books, exciting faculty updates, and a best paper award for Markus Brunnermeier! Catch up on another incredible month at Princeton Econ here:

www.linkedin.com/pulse/june-2...

Janet Currie is seated at a table at an event, smiling while looking away from the camera.

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Princeton Economics @princetonecon.bsky.social · Jul 1

The “razor’s edge deficit,” drawn from research by Professor ‪@atifrmian.bsky.social‬, Ludwig Straub, and Amir Sufi, explains why government deficits may be the only way out of a liquidity trap in a savings-glut economy.

Read more of the deep dive by ‪@financialtimes.com‬: on.ft.com/4lqGf1M

The razor’s edge deficit theory

And cable network spin-offs

www.ft.com

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