Atif Mian @AtifRMian
I do finance and macro ... with data, at Princeton. Author, House of Debt. اک نقطے وچ گل مکدی اے scholar.princeton.edu/atif Princeton Joined January 2013-
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5 million children die every year, but this gets very little attention. I think one reason is that we rarely hear from people whose child has died. It would require a lot of good judgment and empathy, but an article that brings together the voices of parents who saw their child…
It's hard to understand why an economics professor showing concern for a student would be thrown to the ground and arrested. This is not an obvious way to defuse a crisis.
It's hard to understand why an economics professor showing concern for a student would be thrown to the ground and arrested. This is not an obvious way to defuse a crisis.
My conversation with Ben Bernanke at the 2024 @JRCPPF annual conference youtu.be/bGNpLZf_Izg?si…
Great to see "Army of Mortgagors" w Tobi Herbst & @farzado out as an @OIGInstitute WP. We study the effect of credit supply on the US housing market using novel loan-level data on the universe of VA loans. @AtifRMian @profsufi @MSchularick @EmilVerner @glviolante @SorryToBeKurt
“There was a staggering amount of wealth pouring into these opaque structures. This is where the 1%’s rising share of income is going.” What @omzidar found when the Treasury Department asked him to take a look at some IRS data: bit.ly/3xoOibH
1/7 Atif Mian argues here that "There are two main forces behind the rise of imbalances that have generated the debt supercycle: the saving glut of the rich and the global saving glut." He is right, and policymakers should understand why. @AtifRMian imf.org/en/Publication…
The reliance on credit to boost demand puts the world economy at risk; therefore, we must correct underlying imbalances, writes @AtifRMian for Finance & Development magazine. imf.org/en/Publication…
Taking a break from my hiatus to share a new working paper that I have been working on. I propose a new estimator that allows researchers to systematically choose the optimal number of fixed effects in their regression. Any comment is welcome!
"Today I wouldn't get an academic job. It's as simple as that. I don't think I would be regarded as productive enough." Nobel Laureate Peter Higgs explains how the focus on quantified indicators (number of publications, citations) harms scientific progress.
when those 'world history' writers get to the section about Africa 🤦🏾♂️
Breaking the debt supercycle is one of the most pressing challenges of the 21st century, argues Atif Mian in a new F&D article. imf.org/en/Publication…
The new F&D magazine addresses a pivotal debate: the future trajectory of economics. It's a challenging discourse, but essential. Looking forward to reading pieces by @AtifRMian, @JohnHCochrane, Ghosh, Deaton, Coyle, Kremer. imf.org/en/Publication…
Well done! Congrats! Yet another huge milestone for @ASE_Africa. Thanks to @illinoiseco for being so supportive and @DartmouthEcon for this incredible opportunity. Much more to come!
Well done! Congrats! Yet another huge milestone for @ASE_Africa. Thanks to @illinoiseco for being so supportive and @DartmouthEcon for this incredible opportunity. Much more to come!
China Had the Household Debt Driven Boom. Is a Bust Imminent? It appears China is following the historical precedents - it’s hard to “juice” growth for too long chicagobooth.edu/review/china-s…
Join us @JRCPPF annual conference This year's topic: Macrofinance in the long run Watch us online 👇🏽 including Fed Gov Dr. Lisa Cook, and my fireside chat with Nobel laureate / ex-Fed Chairman Ben Bernanke bit.ly/3IaCRGJ
So happy and honored to be among this year's @SloanFoundation Research Fellows! Thank you to my wonderful collaborators, colleagues, and mentors!
So happy and honored to be among this year's @SloanFoundation Research Fellows! Thank you to my wonderful collaborators, colleagues, and mentors!
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And props to the authors of this excellent study @AtifRMian @VBPeral @JADHazell!
Why haven't house prices remained around 8x earnings, in the face of higher interest rates? A fascinating new study sheds some light on price drivers since 2000 🧵 1/8
A great conversation indeed.
My conversation with Ben Bernanke at the 2024 @JRCPPF annual conference youtu.be/bGNpLZf_Izg?si…
Cool stuff
Happy to share new administrative data and code with the public (joint work with @VBPeral and @JADHazell ) It allows people to estimate y*: the expected long-term housing yield in real-time going forward y* equals r*, expected long-term yield on safe assets, plus long-run…
Great public good for both policy and research! 👇🏻
Happy to share new administrative data and code with the public (joint work with @VBPeral and @JADHazell ) It allows people to estimate y*: the expected long-term housing yield in real-time going forward y* equals r*, expected long-term yield on safe assets, plus long-run…
My Ph.D. advisor Prof. Roger Betancourt passed away. I can't compete with the stories about prominent academics I see here, so I simply want to tell you that he was a very good man. He gave me his time, kindness, and patience. He remained a friend, exchanging emails until the end
Great to see "Army of Mortgagors" w Tobi Herbst & @farzado out as an @OIGInstitute WP. We study the effect of credit supply on the US housing market using novel loan-level data on the universe of VA loans. @AtifRMian @profsufi @MSchularick @EmilVerner @glviolante @SorryToBeKurt
New working paper! Joint with @AgosBrinatti @mingyuchen_econ @ParagMa_Econ @econoshih We combine US employer-employee data with data on the 2007 H-1B lottery to study the impact of skilled migration on firms and workers. Short 🧵 below #EconTwitter docs.iza.org/dp16917.pdf
Highly recommend reading this 5 minute piece by Princeton economist @AtifRMian. Couldn't be more clear, concise and to the point.
The reliance on credit to boost demand puts the world economy at risk; therefore, we must correct underlying imbalances, writes @AtifRMian for Finance & Development magazine. imf.org/en/Publication…
1/7 Atif Mian argues here that "There are two main forces behind the rise of imbalances that have generated the debt supercycle: the saving glut of the rich and the global saving glut." He is right, and policymakers should understand why. @AtifRMian imf.org/en/Publication…
I'm only back for today. And also to say thank you to those who reached out. I was in a bad place so it meant a lot to me to hear from you. Hope everyone is well!
🚨 Just accepted at @RevEconStudies 🚨 with @yasirmkh We study ordinary people's entry into politics as candidates in a field exp. We show that portraying the job as a prosocial one increases the chances they run & win. Subsequently, policy aligns more with citizen preferences.
``How politics is perceived matters for political selection & policy: when portrayed as enabling pro-social action ordinary people run for office, get elected, and make policies that reflect voter preferences.'' Recently accepted paper, from @saadgulzar and @yasirmkh 👇
R.I.P Emmanuel Farhi
Recently accepted by REStud, ``Too Domestic To Fail: Liquidity Provision And National Champions,'' from Farhi and Tirole: restud.com/too-domestic-t…
But the memory of the Bengal famine lives on in a peculiar way in my American children, who have had to deal with my disappointment or wrath at wasted food, an attitude passed down to me from my mother born in 1943, in turn passes down from her mother to her.
The Bengal famine of 1943 killed more than 3 million people. There is no memorial, museum, or even a plaque, anywhere in the world to the people who died. One man is determined to gather the stories before it is too late. bbc.co.uk/news/world-asi…
@AtifRMian @rogueonomist @AtifRMian appreciated work I spearheaded with @rogueonomist. Thank you everyone, I can retire now feeling accomplished!
@AtifRMian @SloanFoundation Thank you very much, Atif !!
So happy and honored to be among this year's @SloanFoundation Research Fellows! Thank you to my wonderful collaborators, colleagues, and mentors!
We have today announced the names of the 2024 Sloan Research Fellows! Congratulations to these 126 outstanding early-career researchers: sloan.org/fellowships/20…
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