Economist studying macro, household finance, and inequality @ Federal Reserve Board, University of Copenhagen @CEBI_UCPH, and @TheIFS. Views are my own.
Joined January 2009
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Patrick Moran retweeted
Join us this Wed at 11 AM (ET) for Patrick Moran's (@pedm @federalreserve) talk on how debt repayment schedules shape household borrowing, based on a policy reform ending IO mortgages for LTV ratios > 50%.
Registration: us06web.zoom.us/webinar/regi…
Website: sites.google.com/view/patric…
Patrick Moran retweeted
📝New SAFE Working Paper No. 421 "Mortgage Design, Repayment Schedules, and Household Borrowing" by @ClaesBackman, @pedm, and Peter van Santen.
👉Find it via ssrn.com/abstract=4854975 #mortgagedesign #EconTwitter
ALT Cover of SAFE Working Paper No. 421 "Mortgage Design, Repayment Schedules, and Household Borrowing" by Claes Bäckman, Patrick Moran, and Peter van Santen from June 2024.
Patrick Moran retweeted
Finance Professor Taha Choukhmane featured in USA Today: “It’s not just how much you save. It’s how you save, and where you save.” buff.ly/3Fxgav6
Patrick Moran retweeted
House prices have fallen by about double digits (!) in Canada/Australia, which are countries with floating-rate mortgages or shorter mortgage fixation lengths, but not in the US (from the @IMFNews latest Global Financial Stability Report): @JuliaAFonseca
Patrick Moran retweeted
Yesterday hurt. Today, @utkarsh__saxena and I went back to the court that denied our rights, and exchanged rings. So this week wasn't about a legal loss, but our engagement. We'll return to fight another day.
Patrick Moran retweeted
On my way to present at the @ECB_Research/@IMFNews Macroprudential Policy and Research Conference. I’ll talk about the effect of the Swedish amortization requirement on household borrowing, joint work with @pedm and Peter van Santen. Program and paper: shorturl.at/cfiFJ
Patrick Moran retweeted
🤩Like many, I am so HAPPY. As Claudia Goldin started to work on gender inequality before it was considered an interesting topic in economics, and opened the way for so much fascinating research…
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2023 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Claudia Goldin “for having advanced our understanding of women’s labour market outcomes.”
#NobelPrize
Patrick Moran retweeted
Joe Biden's Economic Report of the President whitehouse.gov/wp-content/up… mentions two @CEBI_UCPH studies on gender inequality: pubs.aeaweb.org/doi/pdfplus/… sciencedirect.com/science/ar… @GrundforskFond #dkforsk
Patrick Moran retweeted
Striking numbers: according to this new survey 88% (!) of Green voters support an import stop of Russian energy.
Looking at the overall population the number is 69%.
Patrick Moran retweeted
Solidarity with Ukraine has its price, and most Germans are willing to pay it. Representative survey reveals majority willing to accept higher gas prices if this were to increase the pressure on the Russian government to #StopWarInUkraine .
news.briq-institute.org/2022…
Solidarität mit der Ukraine hat ihren Preis. Und viele Menschen in Deutschland sind offenbar bereit, ihn zu zahlen. Dies belegen Daten unserer repräsentativen Umfrage (mit @TeodoraBoneva1, Mark Fallak, @LasseStoetzer). Ein Thread zur ersten Ausgabe des #briqpolicymonitor
Patrick Moran retweeted
What is the role of behavior for inequality in society? At Center for Economic Behavior and Inequality (CEBI) we answer this question. And now a new publication filled with stories about our research results is out. Get free access here:
econ.ku.dk/cebi/about/A_pres…
Looking forward to our session on "Housing and the Macroeconomy" tomorrow at 3:45pm ET at #ASSA2022 🏘️
Many thanks to @ProfGreenwald @LaurenlambieH @AnthonyDeFusco @k13agnes @J_Meanwell @AurelHizmo and many others (not on twitter) for participating!
aeaweb.org/conference/2022/p…
Patrick Moran retweeted
Different firms pay differently for similar jobs. Who benefits from this?
20 yrs ago: blue collar workers, at big, unionized or generous firms.
Today: mostly managers and professionals, already high-paid due to skill.
This exacerbates inequality!
doi.org/10.1177/000312242110…
Patrick Moran retweeted
Plus it’s really the perfect time of the year for a trip to Copenhagen: days last super long, sea water is almost swimmable warm, high school graduates cruise around the city in open top trucks wearing funny caps...
Re-upping this call for papers.
Do you have a paper on public economics and inequality?
Do you want to go to Copenhagen in June?
And hang with fun people???
🌟Deadline Paper DEC 1🌟
@nberpubs #EconTwitter @CEBI_UCPH
nber.org/calls-papers-and-pr…
Patrick Moran retweeted
How do perceived trade-offs between public health and the economy shape people’s policy views during the Covid-19 pandemic? Our paper ”Lives or Livelihoods: Perceived Trade-offs and Policy Views” studies this question. Now forthcoming at the EJ, with @Cortnie_Shupe.🧵below: (1/n)
Recently accepted by EJ: "Lives or Livelihoods? Perceived Trade-Offs and Policy Views" by Sonja Settele @SettSonja & Cortnie Shupe @CortnieShupe #FreeToView academic.oup.com/ej/advance-…
Patrick Moran retweeted
Interesting piece by @MESandbu (ft.com/content/cdb16519-4ba0…), arguing that high demand may lead firms to invest to increase their productivity. Here is a thread on recent academic research related to this idea.
Thank you @M_De_Nardi for the great presentation today! users.nber.org/~denardim/res…
Patrick Moran retweeted
At today's CEBI seminar, we have the pleasure of welcoming @M_De_Nardi from the Federal Reserve Board of Minneapolis to talk about her research on Marriage-Related Taxes and Social Security Benefits and the effect on Female Labor Supply.
