Patrick Moran (@pedm) header
Patrick Moran (@pedm) profile picture

Economist studying macro, household finance, and inequality @ Federal Reserve Board, University of Copenhagen @CEBI_UCPH, and @TheIFS. Views are my own.

Joined January 2009
Photo by Patrick Moran (@pedm)Photo by Patrick Moran (@pedm)Photo by Patrick Moran (@pedm)Photo by Patrick Moran (@pedm)Photo by Patrick Moran (@pedm)Photo by Patrick Moran (@pedm)Photo by Patrick Moran (@pedm)Photo by Patrick Moran (@pedm)Photo by Patrick Moran (@pedm)Photo by Patrick Moran (@pedm)
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…
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📝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
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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
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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
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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.
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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
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🤩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
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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
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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%.
Replying to @Armin_Falk
Es zeigen sich deutliche Unterschiede je nach Parteipräferenzen. Auffällig ist, dass unter den Grünen-Anhängern die Unterstützung nicht nur für einen Importstopp russischer Energie, sondern auch für Waffenlieferungen an die Ukraine am größten ist. (3/11)
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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
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My VoxEU piece on my homeownership paper now out! 👇🏾
Younger generations and the lost dream of homeownership dlvr.it/SHqlbG
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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…
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…
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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…
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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-…
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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.
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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.
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Niels Johannesens working paper "Elite Capture of Foreign Aid: Evidence from Offshore Bank Accounts" has been downloaded more than 90,000 times. This makes it, by far, the most downloaded among the 9000+ working papers ever published by the World Bank.
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Patrick Moran retweeted
New CEPR Discussion Paper - DP16634 Breaking the Commitment Device: The Effect of Home Equity Withdrawal on Consumption, Saving, and Welfare Agnes Kovacs @K13Agnes @ManUniEconomics @OfficialUoM, Patrick Moran @pedm @UniofOxford ow.ly/NE8N50Gs6ot #CEPR_PE
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Hei #EconTwitter! Norges Bank is now recruiting PhD Interns for 2022. Interns made a fantastic contribution to our unit during the last 10 years! Check the details here: norges-bank.no/en/topics/Res… …and it will be in person 😃
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