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Ben Moll

@benmoll.bsky.social
4.9K followers 302 following 30 posts

Sir John Hicks Professor of Economics, LSE. Macroeconomics with distribution(s). benjaminmoll.com

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Reposted by Ben Moll
The Economic Journal @theeconjournal.bsky.social · 12/05/2026
In the May 2026 issue: ‘The Trouble with Rational Expectations in Heterogeneous Agent Models: A Challenge for Macroeconomics,’ by Benjamin Moll doi.org/10.1093/ej/ueaf104 @benmoll.bsky.social @resmedia.bsky.social @academic.oup.com #EconSky
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Ben Moll @benmoll.bsky.social · 22/12/2025
New paper: benjaminmoll.com/SRL/
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Georg Zachmann @gzachmann.bsky.social · 15/09/2025
Elsevier has dismissed Richard Tol as editor of the highly successful "Energy Economics". His account of the alleged and the actual reasons casts an even darker shadow over the academic publishing business.
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Richard Tol @richardtol.bsky.social · 15/09/2025
All is not well at Elsevier richardtol.substack.com/p/fraud-and-...
richardtol.substack.com
Fraud and cover-up
Fraud and cover-up
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VoxDev @voxdev.bsky.social · 09/09/2025
🆕 The ‘missing intercept’ problem with going from micro to macro Today on VoxDev, @benmoll.bsky.social (LSE) and @olihanney.bsky.social explain the problem with scaling cross-sectional estimates to the aggregate level, and discuss solutions for economists: voxdev.org/topic/method...
voxdev.org
The ‘missing intercept’ problem with going from micro to macro
Many applied microeconomics papers conclude with a back-of-the-envelope calculation that scales their cross-sectional estimates to the aggregate level. These types of aggregate estimates are only vali...
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Oliver Hanney @olihanney.bsky.social · 09/09/2025
Many of the 'facts' that travel the furthest from economic research are based on a flawed method of scaling cross-sectional estimates to the aggregate. @benmoll.bsky.social and I have written about this 'missing intercept' problem, and what economists can do about it, here ⤵️
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Hetan Shah @hetanshah.bsky.social · 19/03/2025
Good to see the FT editorial draw attention to this less well known casualty of the US regime - official statistics on.ft.com/43Tejhn
on.ft.com
The White House war on federal statistics
Economists and scientists worry over disappearing data and advisory groups
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Georg Weizsäcker @georgweizsaecker.bsky.social · 17/03/2025
Stronger together - support for 🇺🇦 from private individuals, coordinated with @oechssler.bsky.social: 200 people gave at least 200€. Combined with extra donations, the total is about 60.000€. The money is already in Ukraine. Thank you! yourcontributionsquared.eu
yourcontributionsquared.eu
Your Contribution Squared
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Nicolai von Ondarza @nvondarza.bsky.social · 08/03/2025
According to this @zdfde.bsky.social Politbarometer poll, 76% of Germans are in favour of more defence spending with new debt. This includes 90% of CDU voters, 52% of Die Linke voters and even 70% of FDP voters. A fiscal public opinion revolution.
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Georg Weizsäcker @georgweizsaecker.bsky.social · 03/03/2025
If one person gives a euro to Ukraine, the result is €1. If two people give 2 each, it is €4. If 3,000 give 3,000 each, it is 9 million. Let’s coordinate, here 👇 and please re-post to spread the word. yourcontributionsquared.eu/en/
yourcontributionsquared.eu
Your Contribution Squared
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Alan Beattie @alanbeattie.bsky.social · 03/03/2025
SO true. "Oh noes I don't know how we're going to rearm we've only got one of the world's great industrial powerhouses looking for a new growth area whose government can borrow very cheaply, woe is us".
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Sander Tordoir @sandertordoir.bsky.social · 03/03/2025
The European Union remains a funny animal. Outside observers: rich place, lots of industry, lower debt levels than US/China. Should be able to rearm quickly and cheaply if they coordinate decision-making. Leaders on the inside: I don’t trust my neighbour so let’s bicker while the house burns down.
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Christian Odendahl @codendahl.bsky.social · 27/02/2025
To better compare Ukraine aid to defence spending, I turned the @kiel.institute figures into annual % of GDP, using the latest GDP data available and some extrapolation.
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Christian Odendahl @codendahl.bsky.social · 27/02/2025
Did some of the maths in this week's The @economist.com on EU defence spending and Ukraine aid if America withdraws. Doable, but requires putting a lot of money on the table. www.economist.com/europe/2025/...
economist.com
Europe will need to pull all the levers to up its defence spending
How to get to 3.5%
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Ben Moll @benmoll.bsky.social · 25/02/2025
www.eeassoc.org/news/improvi...
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Yuriy Gorodnichenko @ygorodnichenko.bsky.social · 20/02/2025
Hey #EconSky Economists for Ukraine (econ4ua.org) drafted an open letter to the future German chancellor. We call for 🇩🇪 & 🇪🇺 to step up & to ⬆️ support for #Ukraine. Please read & sign (if you agree), the form is at the end of ✉️): tinyurl.com/m9ta2b5d Please share this letter with your colleagues.
tinyurl.com
To: The future German chancellor
To: The future German chancellor From: Economists For Ukraine. Dear Chancellor, Congratulations on taking the helm of the Federal Republic of Germany! You are in a perfect storm, and Germany mus...
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Christian Odendahl @codendahl.bsky.social · 20/02/2025
"In an ironic twist, Germany might end up dependent on EU debt, which it usually opposes, to fund its armed forces [as EU debt does not fall under the debt brake]." My latest for The @economist.com. www.economist.com/finance-and-...
economist.com
To spend big, Germany’s next government may need EU help
How self-imposed constraints could lead to a bizarre outcome
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Yuriy Gorodnichenko @ygorodnichenko.bsky.social · 20/02/2025
Economists for Ukraine (econ4ua.org) drafted an open letter to the future German chancellor. We call for 🇩🇪 & 🇪🇺 to step up & to ⬆️ support for #Ukraine. Please read & sign (if you agree), the form is at the end of ✉️): tinyurl.com/m9ta2b5d Please share this letter with your colleagues. #UkrainianView
docs.google.com
To: The future German chancellor
To: The future German chancellor From: Economists For Ukraine. Dear Chancellor, Congratulations on taking the helm of the Federal Republic of Germany! You are in a perfect storm, and Germany mus...
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Tatyana Deryugina @tderyugina.bsky.social · 20/02/2025
@econ4ua.bsky.social is organizing an open letter to the future German chancellor (Germany is holding elections Sunday), urging them to lead and stand up to Russia. docs.google.com/document/d/1...
docs.google.com
To: The future German chancellor
To: The future German chancellor From: Economists For Ukraine. Dear Chancellor, Congratulations on taking the helm of the Federal Republic of Germany! You are in a perfect storm, and Germany mus...
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Christopher Miller @christopherjm.ft.com · 20/02/2025
🚨NEW @financialtimes.com investigation reveals evidence that Russian executions of Ukrainian POWs are likely part of a systematic policy. And we uncover the identity of a Russian soldier likely involved in filming and carrying out the mass execution of 6 POWs. 📽️WATCH: www.youtube.com/watch?v=9Muw...
youtube.com
'Film me!’: Russia's executions of Ukrainian POWs points to a policy | FT Film
YouTube video by Financial Times
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Alfred P. Sloan Foundation @sloanfoundation.bsky.social · 18/02/2025
🎉Congrats to the 126 early-career scientists who have been awarded a Sloan Research Fellowship this year! These exceptional scholars are drawn from 51 institutions across the US and Canada, and represent the next generation of groundbreaking researchers. sloan.org/fellowships/...
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Ben Moll @benmoll.bsky.social · 19/02/2025
Big congrats to this year's Sloan Fellows!
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basileg.bsky.social @basileg.bsky.social · 16/02/2025
@benmoll.bsky.social might have an opinion inspired by his work on rational expectations in HA model (benjaminmoll.com/challenge/) For the one interested, @benmoll.bsky.social will present @igier @bocconi on Tuesday at 4.30pm
benjaminmoll.com
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Ben Moll @benmoll.bsky.social · 17/02/2025
I couldn't agree more! The excessive focus on linearized solutions to HA models is a bit like the old joke about the drunk who is looking for a key under a lamppost because that's where the light is. More discussion of why we need non-linear models and ways forward here benjaminmoll.com/challenge/
benjaminmoll.com
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Kiel Institut @kiel.institute · 14/02/2025
📢 Kiel goes #MSC2025: Today at 11:15 CET Ethan Ilzetzki presents Kiel Report #2: "Guns and Growth: The Economic Consequences of Defense Buildups" at a press event at HypoVereinsbank (the official venue for everything press)! Join us if you're on site! More 👉 www.ifw-kiel.de/publications...
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Christian Odendahl @codendahl.bsky.social · 13/02/2025
As I keep saying to German journos: the Finnish foreign minister is a native German speaker. Rare opportunity to get her on radio and TV, as this 👇 really matters.
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Norbert Röttgen @nroettgen.bsky.social · 12/02/2025
Nichts von den US-Ankündigungen ist besonders überraschend. Aber sie machen einmal mehr deutlich, dass Europa seine Sicherheit selbst organisieren muss, wenn es bestehen will. Die Wiederherstellung von Sicherheit muss unbedingte Priorität der nächsten Bundesregierung sein.
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Yuriy Gorodnichenko @ygorodnichenko.bsky.social · 11/02/2025
A new #CEPR Policy Insight (w/ @inaganguli.bsky.social , Sasha Talavere and Yuliia Bezvershenko) on science & innovation in #Ukraine: tinyurl.com/msc2tr7a See how co-authorship structure has shifted from 🇷🇺 to 🇵🇱, 🇩🇪, 🇺🇸, etc. These linkages will help rebound/rebuild science in 🇺🇦. #UkrainianView
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Rudi Bachmann @bachmannrudi.bsky.social · 05/02/2025
Please consider signing this letter to Congress and Administration officials raising awareness about the risks facing our federal statistics. Please RT. docs.google.com/forms/d/e/1F...
docs.google.com
Statement of Urgency for Federal Economic Statistics
Please use this form to be a signer to this letter to Congress and the Administration conveying the risks to federal economic statistics produced by the Bureau of Economic Analysis (BEA), the Bureau o...
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Norbert Röttgen @nroettgen.bsky.social · 30/01/2025
Zu glauben, Putin würde für Gasexporte seine Ziele in der #Ukraine aufgeben, ist absurd. Er war es, der Lieferungen über #NordStream1 gedrosselt hat. Statt neues Pipeline-Gas zu importieren, sollten wir lieber endlich von 🇷🇺 LNG-Gas loskommen, das auf Rekordniveau nach 🇪🇺 kommt!
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Scott Kominers @skominers.bsky.social · 25/01/2025
Utterly astounding to me that it's possible to publish a paper in PNAS that shows a correlation between having a "hit paper" as a postdoc and later academic success... www.pnas.org/doi/10.1073/...
pnas.org
PNAS
Proceedings of the National Academy of Sciences (PNAS), a peer reviewed journal of the National Academy of Sciences (NAS) - an authoritative source of high-impact, original research that broadly spans...
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Christian Kopf @christiankopf.bsky.social · 21/01/2025
Russia's war has made it abundantly clear that central banking in the euro area is about more than setting interest rates. The @latvijasbanka.bsky.social is looking for a new governor, and I can't think of a more qualified candidate for the job than @eribakova.bsky.social. www.lsm.lv/raksts/zinas...
lsm.lv
LTV: Latvijas Bankas prezidenta amatam ir 10 iespējamie kandidāti
Tuvojoties termiņam, līdz kuram jāizvirza Latvijas Bankas prezidenta amata kandidāts, partiju pārstāvji no jauna sākuši apspriest iespējamo  kandidātu vārdus. Šoreiz amatam tiks virzīts tas prete...
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Elina Ribakova @eribakova.bsky.social · 21/01/2025
www.bloomberg.com/news/article...
bloomberg.com
Latvia Considering Ribakova, Treasury Head for Top Central Bank Job
Latvia’s three-party governing coalition is considering economist Elina Ribakova and Director of the Treasury Kaspars Abolins as candidates to lead the nation’s central bank, LTV reported without sayi...
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Iikka Korhonen @iikkakorhonen.bsky.social · 21/01/2025
Wow, ⁦‪I’ve worked a lot with @eribakova.bsky.social ‬⁩ , her professionalism and relentless drive has always been top notch Let’s see how this goes Latvia Considering Ribakova, Treasury Head for Top Central Bank Job www.bloomberg.com/news/article...
bloomberg.com
Latvia Considering Ribakova, Treasury Head for Top Central Bank Job
Latvia’s three-party governing coalition is considering economist Elina Ribakova and Director of the Treasury Kaspars Abolins as candidates to lead the nation’s central bank, LTV reported without sayi...
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Financial Times @financialtimes.com · 13/01/2025
EU shipyards fix Russia’s Arctic LNG tankers www.ft.com/content/1604de31-5c3e-4d…
ft.com
EU shipyards fix Russia’s Arctic LNG tankers
Repairs and dry-docking enable Moscow to maintain market access for gas plant through the winter
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Financial Times @financialtimes.com · 12/01/2025
Debunking American exceptionalism www.ft.com/content/fd8cd955-e03c-4d…
ft.com
Debunking American exceptionalism
How the US’s colossal economy and stock market conceal its flaws
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The Quarterly Journal of Economics @qjeharvard.bsky.social · 12/01/2025
#QJE Feb 2025, #13, “Present Bias Amplifies the Household Balance-Sheet Channels of Macroeconomic Policy,” by Maxted, Laibson, and Moll (@benmoll.bsky.social): doi.org/10.1093/qje/...
doi.org
Present Bias Amplifies the Household Balance-Sheet Channels of Macroeconomic Policy*
Abstract. We study the effect of monetary and fiscal policy in a heterogeneous-agent model where households have present-biased time preferences and naive
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Nikolaus J. Kurmayer @nkurmayer.bsky.social · 10/01/2025
This should have been us 🇪🇺
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Kaja Kallas @kajakallas.bsky.social · 10/01/2025
Russia started this war so Russia must pay the price of it. Today Ukraine will receive €3 billion from our G7 loan which will be repaid with the proceeds from Russian frozen assets. This will support Ukraine’s economy and free up Ukrainian money for defence.
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Ben Moll @benmoll.bsky.social · 10/01/2025
home.treasury.gov/news/press-r...
home.treasury.gov
Treasury Intensifies Sanctions Against Russia by Targeting Russia’s Oil Production and Exports
New energy sector determination targets Russia’s primary revenue source with sanctions against Gazprom Neft and Surgutneftegas, more than 180 vessels, and dozens of oil traders, oilfield service provi...
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Christian Odendahl @codendahl.bsky.social · 10/01/2025
More than 60 German universities and research outfits are announcing that they will end their activities on twitter. Including my alma mater, the University of Münster. HT @thereallorenzmeyer.bsky.social nachrichten.idw-online.de/2025/01/10/h...
nachrichten.idw-online.de
Hochschulen und Forschungsinstitutionen verlassen Plattform X - Gemeinsam für Vielfalt, Freiheit und Wissenschaft
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Christian Odendahl @codendahl.bsky.social · 09/01/2025
“With the economic outlook so bleak, time is not on Russia’s side. Mr Putin must be made to understand that the cost of his illegal campaign is getting too high, even for his tolerance.” Excellent op-ed by Elina Valtonen. www.economist.com/by-invitatio...
economist.com
Time is not on Russia’s side, argues Finland’s foreign minister
Elina Valtonen calls for a lower oil-price cap and tougher measures against Russia’s shadow fleet
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Ben Moll @benmoll.bsky.social · 09/01/2025
👇 excellent list!
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Makoto Nakajima @makotonkjm.bsky.social · 06/01/2025
Another useful info from @benmoll.bsky.social. I hope somebody writes replication guide for macro papers, which often combine various methodologies and codes. Many tutorials for reproducdibility (in particular the info on AER/AEJ website) are written with (reduced form) empirical work in mind.
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Ben Moll @benmoll.bsky.social · 05/01/2025
Required reading for all economists. Follow these steps and save yourself a lot of time down the road!
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Tatyana Deryugina @tderyugina.bsky.social · 04/01/2025
Was thrilled to learn that @larsvil.bsky.social has a tutorial on reproducibility! Check it out, #EconSky. larsvilhuber.github.io/tutorial-rep...
larsvilhuber.github.io
Tutorial reproducibility
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Yuriy Gorodnichenko @ygorodnichenko.bsky.social · 31/12/2024
From the head of the National Bank of #Ukraine : 1) summary of 2024: remarkable resilience given enormous challenges and barbaric RUS attacks 2) expectations for 2025: huge war-related uncertainty & commitment to deliver macro stability & further economic recovery #UkrainianView
epravda.com.ua
Головні драйвери та ризики для економіки у 2025 році: погляд голови Нацбанку
2024 рік був багатим на виклики та зміни. Що буде з українськими державними фінансами у 2025 році?
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Florian Ederer @florianederer.bsky.social · 23/12/2024
Academics from poorer socio-economic backgrounds are more likely to - not publish - have outstanding publication records - introduce more novel scientific concepts - less likely to receive recognition, as measured by citations, Nobel Prize nominations, and awards. www.nber.org/papers/w33289
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Makoto Nakajima @makotonkjm.bsky.social · 19/12/2024
Intrigued. I will try to learn.
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