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📈Inflation is hard to understand! It has complex causes, consequences & trade-offs. Our new paper with @FraNuzzi98 & @Al_Bi99studies how people understand inflation & what they want the government to do to fight it. Short summary thread 🧵👇
socialeconomicslab.org/under… 1/
Alberto Binetti retweeted
AEJ: Microeconomics: "Coarse Memory and Plausible Narratives" by Francesco Bilotta and Giacomo Manferdini. aeaweb.org/articles?id=10.12…
Alberto Binetti retweeted
Very happy that my paper with @frbilo found a wonderful home.
This was our second-year paper, and in many ways where research started for us: many conversations, whiteboards, arguments about politics and narratives, some frustration, and lots of fun.
What is it about? 👇
AEJ: Microeconomics: "Coarse Memory and Plausible Narratives" by Francesco Bilotta and Giacomo Manferdini. aeaweb.org/articles?id=10.12…
Alberto Binetti retweeted
Do workers retire early because they fear pension reforms? In this paper with @PieraBello and @vingalasso we study how policy uncertainty shapes retirement decisions. A summary thread🧵1/9 papers.ssrn.com/sol3/papers.…
Alberto Binetti retweeted
🚀I am on the #EconJobMarket!
My JMP asks a classic question:
Do large, dominant firms foster or hinder innovation?
To study this, I turn to the Great Merger Wave (1895–1904), when >2,600 U.S. firms combined into corporate giants like U.S. Steel and DuPont.
A JMP 🧵👇 (1/13)
Alberto Binetti retweeted
Excited to be on the job market!
This paper is part of my broader agenda to understand AI adoption through a behavioral economics lens. Thanks to Alex for the guidance and support!
My student David Almog (@davidalmog25) is on the job market. His JMP identifies important barrier to AI adoption: Image concerns.
In a clever field study, workers are less likely to adopt/follow *useful* AI recs if they know AI reliance will known to managers (links in reply).
Alberto Binetti retweeted
@PrincetonEcon is proud to present the Ph.D. candidates on this year's economics job market.
Learn more about their research, fields of study, and more on our website: economics.princeton.edu/grad…
ALT Princeton Economics logo with "2025 Job Market Candidates" and the JRR building in the background.
Alberto Binetti retweeted
Understanding causality vs. correlation is genuinely hard especially on complex topics like inflation. Our research finds that 60% of Americans think high interest rates cause high inflation & support rate cuts to fight it. But high rates usually respond to inflation,not cause it
Alberto Binetti retweeted
🚨 New data alert! Curious about how people really understand inflation—its causes, impacts & what governments should do about it? 📊 You can dive into the data from our project "People's understanding of inflation" here: socialeconomicslab.org/resea… Excited to see new analyses!
Alberto Binetti retweeted
Thrilled to share my new paper for my Coase Lecture @LSEnews. I outline my thinking on perceptions & mindsets shaping our policy views- on taxation, climate change, inflation & trade. A wonderful opportunity to share recent research which I am grateful for socialeconomicslab.org/resea…
Alberto Binetti retweeted
This paper by Binetti, Nuzzi, Stantcheva helps to explain the role of inflation aversion and educational polarization:
The college educated (who vote for Dems) think inflation is sign of a good economy and is not worth increasing unemployment for
Alberto Binetti retweeted
Featured in the latest Digest: "Public Beliefs about Inflation"
nber.org/digest/202409/publi…
Alberto Binetti retweeted
-People perceive inflation as unambiguously negative.
-tend to resist rate hikes, support rate cuts
-Support corporate tax hikes, assistance for vulnerable households, tax hikes top incomes
-Partisan differences: Republicans more likely to attribute inflation to govment policies
Alberto Binetti retweeted
I thrilled to share my first arXiv WP: "A short note on Event-Study SDID" . It comes with a Stata package, sdid_event, available on Github (see footnote 1)!
Many thanks to @DanielPailanir and Damian Clarke for their feedback and inspiring work on SDID!
arxiv.org/abs/2407.09565
Alberto Binetti retweeted
New CEPR Discussion Paper - DP19178
People’s Understanding of #Inflation
Alberto Binetti @Unibocconi, Francesco Nuzzi @Harvard @HarvardEcon, @S_Stantcheva @Harvard @HarvardEcon
ow.ly/1vwx50Sp9VI
#CEPR_MEF, #CEPR_MG #economics
Alberto Binetti retweeted
Thanks for covering our research on inflation @guardian! theguardian.com/us-news/arti…
Alberto Binetti retweeted
A new survey sheds light on how people understand the causes, consequences, and trade-offs of inflation, and how they think inflation should be managed, from @Al_Bi99, @FraNuzzi98, and @S_Stantcheva nber.org/papers/w32497
Alberto Binetti retweeted
HCEO member @S_Stantcheva and colleagues illuminate people's understanding of where inflation comes from. They find the most common perceived negative consequence of inflation is increased complexity and difficulty in household decision-making. nber.org/papers/w32497
Alberto Binetti retweeted
Great papers on inflation in the Covid era and beyond, today and tomorrow at the @nberpubs conference . Livestreamed too! nber.org/conferences/inflati… Excited to be presenting our new paper on "People's Understanding of Inflation" (joint with @FraNuzzi98 and @Al_Bi99).
Check it out if interested :)
Policy Brief: Is Europe Ready for Further Political Integration?
by Guido Tabellini and Alberto Binetti
iep.unibocconi.eu/publicatio…
