Gabriel Ehrlich retweeted
Machine learning enables hedonic price indices at scale, from Michael Cafarella, @gabriel_ehrlich, Tian Gao, @JHaltiwanger_UM, Matthew D. Shapiro, and Laura Zhao nber.org/papers/w31315
Gabriel Ehrlich retweeted
The need for quality adjustment for price indices is pervasive, from @gabriel_ehrlich, @JHaltiwanger_UM, @jarmin_ron, @djatumich, Ed Olivares, Luke W. Pardue, Matthew D. Shapiro, and Laura Zhao nber.org/papers/w31309
Gabriel Ehrlich retweeted
A U-M study found that replacing the nation’s oldest school buses could lead to 1.3 million fewer absences per year by reducing exposure to diesel exhaust fumes, which can exacerbate respiratory illnesses and other conditions. More from @UMichiganNews: myumi.ch/byNV9
Gabriel Ehrlich retweeted
Forthcoming article by @BachmannRudi @gabriel_ehrlich Ying Fan, Dimitrije Ruzic and Benjamin Leard “Firms and Collective Reputation: a Study of the Volkswagen Emissions Scandal” @EEANews @OUPEconomics
doi.org/10.1093/jeea/jvac046
Gabriel Ehrlich retweeted
New #FEDSNote: Caregiving for children and parental labor force participation during the pandemic: go.usa.gov/xe2vP #EconTwitter
Gabriel Ehrlich retweeted
Tune in tomorrow for our PF seminar. @gabriel_ehrlich will present on “Public Debt Levels and Real Interest Rates: Causal Evidence from Parliamentary Elections” joint with Aditi Thapar. @WilliamGale2 will discuss! Register here: us02web.zoom.us/webinar/regi…
Gabriel Ehrlich retweeted
There are so many things we can do to triage the economic pain inflected by COVID - the most effective and least costly include minor changes to behavior that dampen but don’t destroy economic activity. They also reduce the fear of public spaces. Masks, tests, tracing.
Gabriel Ehrlich retweeted
NEW: Michigan’s self-employed workers, gig workers, 1099-independent contractors and low-wage workers affected by COVID-19 can apply for federal Pandemic Unemployment Assistance beginning Monday, April 13 at 8AM.
Gabriel Ehrlich retweeted
More evidence of Coronavirus crippling the economy. There is not a single vehicle final assembly plant in the U.S. that is running this morning.
Gabriel Ehrlich retweeted
Are you an essential employee that has to go to work? Use our table below for some explanation. bit.ly/3adpxyx
Exempted industries represent roughly 1M of the state’s 4.3M jobs, according to a Bridge Magazine analysis. #CoronavirusMichigan #MichiganCoronavirus
Gabriel Ehrlich retweeted
ICYMI: #Michigan #localgov officials are concerned that a new #recession could have a big impact on their service delivery and government operations. myumi.ch/7Z3nm
Michigan’s economy has experienced 10 years of growth, but what will happen when the next recession hits? The #MPPS finds 57% of #MI #localgov leaders are concerned about a recession’s potential impacts to service delivery and government operations: myumi.ch/7Z3nm
Gabriel Ehrlich retweeted
Final/ We must not let a once-in-a-century pandemic create historic unemployment, destroy otherwise viable businesses, and turn a short-but-costly recession into a long #depression.
Gabriel Ehrlich retweeted
7/ The plan does not replace individual checks to lower-income people, expanded UI, help for some big firms, or state budget aid. America needs an all-of-the-above $2-3 trillion support plan. Preferably agreed to this weekend or next week.
Gabriel Ehrlich retweeted
There wasn’t a single WARN notice filed this week by a Michigan employer for layoffs of more than 100 employees at the same company related to the #coronavirus.
That suggests that the layoffs this week were primarily at small businesses and widespread.
crainsdetroit.com/economy/80… – at St Clair Shores, MI
BREAKING: 80,000 workers filed unemployment claims in Michigan in 4 days this week crainsdetroit.com/economy/80… via @dustinpwalsh & @crainsdetroit
Gabriel Ehrlich retweeted
I am not retweeting this to scare anybody. Well, actually I am. To scare Washington. The US economy is disintegrating -- especially small busines -- and needs massive financial support ASAP.
Gabriel Ehrlich retweeted
Thinking that fiscal policy needs to be on the order of $3-4 trillion total over the next three months, roughly split in thirds between SMEs, households, and state and local? That seems to be the numbers consistent with various policy proposals floating around? Too low?
Gabriel Ehrlich retweeted
The economist Kenneth Rogoff just now on @NewsHour "Do I worry about debt if we have to spend $5 trillion to get out of this in the space of a few months? Who cares. Do I worry about inflation? No.
Gabriel Ehrlich retweeted
ALERT: Michigan adds private lab results to its tally. #coronavirus case count now up to 336
Gabriel Ehrlich retweeted
"A recession begins when the economy reaches a peak of activity and ends when the economy reaches its trough." nber.org/cycles/dec2008.html from announcement of 2007-09 recession from NBER
it was released a full year after recession started, why Sahm rule is helpful and more timely
