Nicolas Wuthenow (@NWuthenow) profile picture

Finance PhD student @YaleSOM

New Haven, CT
Joined February 2019
Nicolas Wuthenow retweeted
I am hiring a full-time predoctoral research fellow at Stanford @SIEPR to work on topics across economic history and the economics of AI.
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Nicolas Wuthenow retweeted
We're hiring a pre-doctoral Research Associate at @Wharton's Rodney White Center for Financial Research, starting in July 2027! Come work with Lu Liu (@luliu_fin), Huan Tang, and me on research projects in household finance, FinTech, and other exciting topics. Please encourage any promising undergraduate or master’s students you know to apply by October 4!
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Nicolas Wuthenow retweeted
suppose you ask a language model the probability it will rain tomorrow. then you ask the probability it will not rain tomorrow whatever happens tomorrow, those two probabilities should sum to one but suppose the model generates P(rain) = 0.7 and P(no rain) = 0.2
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Nicolas Wuthenow retweeted
Aspiring economists interested in public, household finance, inequality, labor, macro, fiscal policy, behavioral, or urban: come work at the University of Chicago with me and @p_ganong! Positions start summer 2027. Application: chicagobooth.edu/-/media/fac… First deadline: Sept 15
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Nicolas Wuthenow retweeted
Artificial Intelligence may become the first technology that accelerates its own capability growth—without additional human labor or capital, which haven been key for making AI better. When AI improves itself, what will happen to economic growth?
Very happy to share the first paper from @ElasticityInst: The Economics of Recursive Self-Improvement. Two parts: (1) a graphical representation of feedback loops, to formalize a variety of RSI-related arguments, where each arrow represents responsiveness (elasticity); (2) a survey of existing evidence with a loose calibration & a “wish list” of evidence that would help us calibrate better.
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Nicolas Wuthenow retweeted
The WWII GI Bill is among the largest education subsidies in US history, doubling white men's college completion. Though race-blind on paper, it steered Black men away from the knowledge economy it helped build. Today, racial gaps are wider as a result. 🧵New paper w/ C.Szerman
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Nicolas Wuthenow retweeted
🔥 Real-time update: AI's labor market effects. 1⃣ Work is increasingly getting simplified. 2⃣ Occupations predicted to gain from AI continue to rise in importance as of January 2026. 3⃣ We've made our data publicly available. @ReichardtHugo
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Nicolas Wuthenow retweeted
Has artificial intelligence already begun to transform the labor market? We find early shifts consistent with our model: jobs & college majors predicted to benefit are already growing. 🚨 New paper with @ReichardtHugo: "Task-Specific Technical Change and Comparative Advantage"
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Nicolas Wuthenow retweeted
🚨 New working paper with @AlthoffLukas! How will Artificial Intelligence affect the labor market? We predict that AI will substantially decrease wage inequality ⬇️ while raising wages on average by 21% ⬆️. These predictions are based on a general equilibrium task-based labor market model that we build, estimate, and apply to the case of AI. "Simplification" (tasks getting easier) is the key mechanism behind AI's equalizing effect. hugoreichardt.github.io/pdf/…
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We’re excited to introduce the @Yale Department of Economics 2025-26 Job Market Candidates! Look out for individual posts about their research interests and job market papers this week, and learn more about the candidates here: economics.yale.edu/phd-progr…
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Nicolas Wuthenow retweeted
Aspiring researchers: come work at Chicago Booth! I'm hiring pre-doctoral fellows along with a group of Booth colleagues and our co-authors at other institutions. Positions start summer 2026. Application: chicagobooth.edu/-/media/fac… First deadline: September 8
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Nicolas Wuthenow retweeted
How did the US become a land of opportunity? In a new paper, we show that the country's pioneering role in mass education was key to its rise in intergenerational mobility from 1850 to 1950. "America's Rise in Human Capital Mobility" with Harriet Brookes Gray & @ReichardtHugo
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Nicolas Wuthenow retweeted
1/🧵 The Fed has raised rates to historic levels, yet the economy keeps surprising on the upside. Today's strong jobs report is the latest example. Why? Our new paper suggests we're looking at the wrong indicator.
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Nicolas Wuthenow retweeted
Was great to see alums from my lab with @pascaljnoel last week and to hear many of them present on topics in development, hh finance, education, behavioral, intl trade, and public!
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We’re excited to introduce the @Yale Department of Economics 2024-25 Job Market Candidates! Learn more about the candidates and their research here: economics.yale.edu/phd-progr…
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📢Big news: The Kiel Institute is launching a new PhD program in International Economics. Highlights: (i) courses by outstanding external professors (ii) close supervision (iii) generous funding (iv) work in Kiel or Berlin. Apply until 15 Jan/ 1 March 👇ifw-kiel.de/de/institut/adva…
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📢Join us for our big Kiel-CEPR conference on "Geoeconomics" this Thursday/Friday via live stream 👇👇👇. We've got a fantastic lineup of speakers in Berlin & it was great fun to organize this with @MSchularick, @cepr & @kielinstitute. Full program here: ifw-kiel.de/fileadmin/Dateiv…
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Nicolas Wuthenow retweeted
🚨 I am excited to share my JMP! "Scale-Biased Technical Change and Inequality" I propose a new theory on why some technologies increase inequality, while others reduce it. I provide causal evidence from the adoption of steam engines and electric motors to support the theory.
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Nicolas Wuthenow retweeted
Seth Zimmerman and I are organizing the Cowles Labor and Public Economics Conference at Yale, June 3-4. Submit your papers by March 22: cowles.yale.edu/conferences/….
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