Sign in

Diego Känzig

@dkaenzig.bsky.social
551 followers 332 following 52 posts

Assistant Professor @Northwestern University working on macro, climate&energy, inequality and monetary policy diegokaenzig.com

PostsRepliesMedia
Reposted by Diego Känzig
Adrien Bilal @adrienbilal.bsky.social · 03/09/2026
Is economic growth possible in a world that keeps warming? And what does that mean for optimal policy? New paper with Thibault Ingrand and @dkaenzig.bsky.social: "Balancing Growth in a Warming World" www.nber.org/papers/w35573 Ungated PDF: tinyurl.com/2chbckjg A thread. 1/5
nber.org
Balancing Growth in a Warming World
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
163
Reposted by Diego Känzig
NBER @nber.org · 11/08/2026
Growth can occur despite climate change, but at a slower rate. Their interplay implies a warming cap that boosts growth, from Adrien Bilal, Thibault Ingrand, and Diego R. Känzig www.nber.org/papers/w35573
074
Reposted by Diego Känzig
The Quarterly Journal of Economics @qjeharvard.bsky.social · 13/04/2026
#QJE May 2026, #1, “The Macroeconomic Impact of Climate Change: Global Versus Local Temperature,” by Bilal (@adrienbilal.bsky.social) and Känzig (@dkaenzig.bsky.social): doi.org/10.1093/qje/...
doi.org
The Macroeconomic Impact of Climate Change: Global Versus Local Temperature*
Abstract. This article estimates that the macroeconomic damages from climate change are an order of magnitude larger than previously thought. Exploiting na
284
Reposted by Diego Känzig
VoxEU @ CEPR @voxeu.org · 13/03/2026
S Bigio, @dkaenzig.bsky.social, P Sánchez, & @conorwalsh.bsky.social show the economic costs of carbon policy-induced energy price increases are economically meaningful & highly uneven across households, w/ young and low-income households bearing the largest burden. cepr.org/voxeu/column... #EconSky
Figure shows impact responses of HICP components per COICOP classification to carbon policy shock, normalized to increase HICP energy by 1%. Shown is the point estimate with 90% confidence bands.

Carbon pricing is widely regarded as an effective tool to reduce greenhouse gas emissions, yet it often faces strong public resistance. This column combines macroeconomic evidence with detailed household data to examine the distributional economic effects of carbon pricing in Europe. The authors find that the economic costs of carbon policy-induced energy price increases are economically meaningful and highly uneven across households, with young and low-income households bearing the largest burden. Importantly, these effects are driven primarily by declines in labour income rather than by higher consumer prices. The findings highlight the importance of accounting for distributional impacts when designing climate policy.
074
Diego Känzig @dkaenzig.bsky.social · 27/02/2026
Super excited to see this out! It’s been quite a ride. Many thanks to the editors and referees—the paper improved enormously through the review process. And huge thanks to @adrienbilal.bsky.social for being the best co-author one could hope for!
1122
Reposted by Diego Känzig
Marshall Burke @marshallburke.bsky.social · 05/01/2026
Excited to share a new R package: 𝗵𝗲𝗮𝘁 🌡️ `heat` makes it easier to work with climate or other gridded data in applied research, providing a comprehensive + optimized set of tools to compute environmental exposures for admin boundaries or points from gridded/point data. github.com/echolab-stan...
github.com
GitHub - echolab-stanford/heat: R package heat: Harmonized Environmental Exposure Aggregation Tools
R package heat: Harmonized Environmental Exposure Aggregation Tools - echolab-stanford/heat
33919
Diego Känzig @dkaenzig.bsky.social · 26/11/2025
My co-author 𝗠𝗮𝘅 𝗞𝗼𝗻𝗿𝗮𝗱𝘁 is on the academic job market! Max is a fantastic empirical macroeconomist working on the interrelations between the economy, financial markets and climate change. If you are hiring in macro or macro-finance, take a close look at him!
120
Reposted by Diego Känzig
Max Konradt @maxkonradt.bsky.social · 20/11/2025
👋I'm on the #EconJobMarket! ❓My JMP, together with @dkaenzig.bsky.social, Lixing Wang and Donghai Zhang studies how green innovation varies over the business cycle. 💡We find that green innovation is countercyclical, while non-green innovation is procyclical. 🔗https://tinyurl.com/4b45h979 🧵👇
195
Reposted by Diego Känzig
Dani Rodrik @drodrik.bsky.social · 12/09/2025
Very useful discussion on the perils of using micro/cross-sectional parameter estimates in inferring the aggregate effects of policies/shocks. This is pervasive in Economics, yet the two effects can even have the opposite signs. (Example in next post.) 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...
25518
Diego Känzig @dkaenzig.bsky.social · 27/08/2025
Thanks to @equitablegrowth.bsky.social for the generous support! Excited to study how global supply chain shocks affect markets and the broader economy. #EGgrantee #EconSky
041
Reposted by Diego Känzig
Washington Center for Equitable Growth @equitablegrowth.bsky.social · 20/08/2025
🚨Meet the 2025 Early Career #EGgrantee(s)! Seven scholars will get funding to study economic inequality. Projects range in topic, from the housing crisis to child care to supply chain resilience. Stay tuned this week to learn about each grantee and their research. equitablegrowth.org/equitable-gr...
equitablegrowth.org
Equitable Growth awards funding to early career scholars studying the effects of economic inequality
Equitable Growth has awarded funding to seven early career scholars seeking to better understand the effects of economic inequality in the United States.
031
Reposted by Diego Känzig
AEA Journals @aeajournals.bsky.social · 08/08/2025
Forthcoming in the AER: "Downward Rigidity in the Wage for New Hires" by Jonathon Hazell and Bledi Taska. www.aeaweb.org/articles?id=...
aeaweb.org
Downward Rigidity in the Wage for New Hires
(Forthcoming Article) - Wage rigidity is an important explanation for unemployment fluctuations. In benchmark models wages for new hires are key, but there is limited evidence on this margin. We use w...
062
Reposted by Diego Känzig
Ben Golub @bengolub.bsky.social · 24/07/2025
I've been working on a new tool, Refine, to make scholars more productive. If you're interested in being among the very first to try the beta, please read on. Refine leverages the best current AI models to draw your attention to potential errors and clarity issues in research paper drafts. 1/
2732187
Reposted by Diego Känzig
NBER @nber.org · 22/07/2025
Showing empirically that green innovation is countercyclical and explaining it with a model where backloaded profits make green research and development less sensitive to downturns, from Diego R. Känzig, @maxkonradt.bsky.social, Lixing Wang, and Donghai Zhang www.nber.org/papers/w34041
092
Diego Känzig @dkaenzig.bsky.social · 17/07/2025
Very much looking forward to today's workshop on Macro Public Finance at the @nber.org SI. Honored to be among a fantastic group of speakers and discussants. If you are in Cambridge, drop by! www.nber.org/conferences/...
120
Diego Känzig @dkaenzig.bsky.social · 10/07/2025
Very excited to present some new work on the macroeconomic effects of supply chain disruptions at the @nber.org SI, joint with my brilliant student Ramya Raghavan!
140
Diego Känzig @dkaenzig.bsky.social · 26/06/2025
Really looking forward to this year's #SEDmeeting in Copenhagen. If you are around, check out this cool session on shipping trends and disruptions, happening this Saturday from 13:30 to 15:00:
120
Reposted by Diego Känzig
Florian Scheuer @florianscheuer.bsky.social · 02/06/2025
We just finalized the program for this year's @nber.org Summer Institute session on Macro Public Finance: www.nber.org/conferences/... Join us on July 17! @s-stantcheva.bsky.social @dirkkruegerier.bsky.social
nber.org
SI 2025 Macro Public Finance
074
Diego Känzig @dkaenzig.bsky.social · 22/05/2025
Oil prices are falling as OPEC+ is considering a third straight monthly output hike with WTI trading below $61. www.bloomberg.com/news/article...
bloomberg.com
Oil Extends Drop as US Stockpile Build Amplifies Glut Concerns
Oil declined for a third day as US stockpiles gained and OPEC+ members discussed another super-sized production increase for July, just as demand faces headwinds from the US-led trade war.
120
Reposted by Diego Känzig
Oliver Pfäuti @pfaeutiecon.bsky.social · 28/03/2025
We have a new working paper: 𝐀𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 𝐭𝐨 𝐭𝐡𝐞 𝐌𝐚𝐜𝐫𝐨𝐞𝐜𝐨𝐧𝐨𝐦𝐲 with Sebastian Link, @apeichl.bsky.social, Chris Roth and @johanneswohlfart.bsky.social Short thread below ⬇️ @empctmacrotx.bsky.social @utaustinecon.bsky.social
1186
Reposted by Diego Känzig
NBER @nber.org · 07/03/2025
Proposing an analytic representation of sequence-space Jacobians in heterogeneous agent models in continuous time, which leads to a threefold speed gain, from Adrien Bilal and Shlok Goyal www.nber.org/papers/w33525
073
Diego Känzig @dkaenzig.bsky.social · 14/02/2025
Vielen Dank für die anregende Diskussion @holgi.bsky.social, @bachmannrudi.bsky.social & @christian-bayer.bsky.social! Gerne möchte ich ein paar Punkte kurz aufgreifen. Ein kurzer Thread👇 @adrienbilal.bsky.social
130
Reposted by Diego Känzig
Rudi Bachmann @bachmannrudi.bsky.social · 13/02/2025
Wir reden zwar über wichtige Themen: Dekarbonisierung, Zollkrieg, Deindustrialisierung, aber angesichts von München und Yalta 2.0 sind die dann auch wieder unwichtig. Die neue #Wirtschaftskunde ist da. Falls ihr anregende und kurzweilige Ablenkung braucht. wrint.de/2025/02/13/d...
wrint.de
Dekarbonisierung, Zollkrieg, Strukturwandel (Mit Rüdiger Bachmann und Christian Bayer) – WRINT: Wer redet ist nicht tot
46418
Reposted by Diego Känzig
VoxEU @ CEPR @voxeu.org · 13/02/2025
@dkaenzig.bsky.social & @adrienbilal.bsky.social show that, in light of new #climate damage estimates based on global temperature variation, the economic case for unilateral #decarbonisation is far stronger than previously thought. cepr.org/voxeu/column... #EconSky
Anthropogenic greenhouse gas emissions are rapidly warming our planet, with potentially severe economic, social, and health consequences. Conventional estimates of climate damages suggest that while coordinated global efforts are desirable, unilateral action is rarely cost-effective due to a classic free-rider problem. Why should a country bear the costs of reducing emissions when the benefits are shared globally? This column re-evaluates this view in light of new climate damage estimates based on global temperature variation, showing that the economic case for unilateral decarbonisation is far stronger than previously thought.
0258
Reposted by Diego Känzig
Empirical Macroeconomics Policy Center of Texas @empctmacrotx.bsky.social · 27/01/2025
Congratulations to Chris Boehm and former UT Austin grad @kronerniklas.bsky.social on getting their paper "The US, Economic News, and the Global Financial Cycle" accepted at Review of Economic Studies @reveconstudies.bsky.social !🥳 @utaustinecon.bsky.social Link: www.dropbox.com/scl/fi/wak4l...
dropbox.com
0104
Reposted by Diego Känzig
AEA Information @aeainformation.bsky.social · 27/01/2025
Congratulations to Silvia Miranda-Agrippino and @giovanni-ricco.bsky.social who were recognized for the AEJ Best Paper Award for Macroeconomics at #ASSA2025 for the paper “The Transmission of Monetary Policy Shocks.” #econsky aeaweb.org/articles?id=...
0184
Reposted by Diego Känzig
Hélène Rey @helene-rey.bsky.social · 25/01/2025
‼️ Updated Global Financial Cycle Factor Now Available ‼️ Estimated with data up to December 2024 💾 Download at: silviamirandaagrippino.com/code-data
silviamirandaagrippino.com
Code & Data — Silvia Miranda-Agrippino
072
Reposted by Diego Känzig
Adrien Bilal @adrienbilal.bsky.social · 21/01/2025
Does unilateral decarbonization pay for itself? In our new short working paper, @dkaenzig.bsky.social and I analyze whether broad decarbonization passes cost-benefit analyses based on purely domestic economic gains in large economies like the U.S. and E.U. WP: nber.org/papers/w3336...
4347
Diego Känzig @dkaenzig.bsky.social · 21/01/2025
🌎Does unilateral decarbonization pay for itself? In our new working paper, @adrienbilal.bsky.social and I analyze whether large economies like the U.S. and E.U. can justify broad decarbonization policies based purely on domestic economic benefits. WP: nber.org/papers/w3336... #econsky
29138
Reposted by Diego Känzig
Ben Golub @bengolub.bsky.social · 17/01/2025
PLEASE RT :) Submit to the annual Network Science and Economics Conference, the largest US event for network theory and empirical research in and adjacent to economics Deadline Jan 30 (soon!) Conference Apr 11-13 at Stanford
48076
Reposted by Diego Känzig
jeeanews.bsky.social @jeeanews.bsky.social · 09/01/2025
A big welcome to our new Associate Editors Thrilled to have you on board! Alexander Bloedel, Klaus Desmet, Paula Gobbi @miaryc.bsky.social Diego Känzig, Chen Lian, Benjamin Marx, Isabelle Mejean, Michael Thaler @johanneswohlfart.bsky.social @eeanews.bsky.social academic.oup.com/jeea/pages/E...
0243