Sasha Indarte
@sashaindarte.bsky.social
Wharton Finance prof researching empirical macro and household finance. Minneapolis -> Macalester -> Northwestern Econ PhD
https://sashaindarte.github.io/
https://sashaindarte.github.io/
Reposted by Sasha Indarte
"Panelists described tariff management as a round-the-clock challenge for customs teams and brokers." finance.yahoo.com/news/borderl...
More complexity + constant changes = higher costs, more mistakes, more enforcement, & more penalties.
Big waste of resources.
More complexity + constant changes = higher costs, more mistakes, more enforcement, & more penalties.
Big waste of resources.
November 9, 2025 at 4:50 PM
"Panelists described tariff management as a round-the-clock challenge for customs teams and brokers." finance.yahoo.com/news/borderl...
More complexity + constant changes = higher costs, more mistakes, more enforcement, & more penalties.
Big waste of resources.
More complexity + constant changes = higher costs, more mistakes, more enforcement, & more penalties.
Big waste of resources.
Reposted by Sasha Indarte
The “Consumer Cash Pile” just hit a new record of $21.8T in Q2 2025, up from $14.8T in 2019.
• Top 1% and higher-income brackets have 7%–25% more cash than in 2019, even after adjusting for inflation.
• The bottom 20% is the outlier, now holding 20% less cash than pre-COVID. #EconSky
• Top 1% and higher-income brackets have 7%–25% more cash than in 2019, even after adjusting for inflation.
• The bottom 20% is the outlier, now holding 20% less cash than pre-COVID. #EconSky
September 28, 2025 at 12:43 PM
The “Consumer Cash Pile” just hit a new record of $21.8T in Q2 2025, up from $14.8T in 2019.
• Top 1% and higher-income brackets have 7%–25% more cash than in 2019, even after adjusting for inflation.
• The bottom 20% is the outlier, now holding 20% less cash than pre-COVID. #EconSky
• Top 1% and higher-income brackets have 7%–25% more cash than in 2019, even after adjusting for inflation.
• The bottom 20% is the outlier, now holding 20% less cash than pre-COVID. #EconSky
Reposted by Sasha Indarte
“.. You can only finance your consumption through credit for so long,” he said.
@marketplace.org @scottlincicome.bsky.social
www.marketplace.org/story/2025/0...
@marketplace.org @scottlincicome.bsky.social
www.marketplace.org/story/2025/0...
September 28, 2025 at 3:39 PM
“.. You can only finance your consumption through credit for so long,” he said.
@marketplace.org @scottlincicome.bsky.social
www.marketplace.org/story/2025/0...
@marketplace.org @scottlincicome.bsky.social
www.marketplace.org/story/2025/0...
Reposted by Sasha Indarte
Undermining the Fed to get lower rates now is like ripping the batteries out of your smoke alarm because it’s beeping. It’s quiet for a bit. Then your house burns down. Credibility anchors expectations; expectations anchor inflation.
August 27, 2025 at 11:52 AM
Undermining the Fed to get lower rates now is like ripping the batteries out of your smoke alarm because it’s beeping. It’s quiet for a bit. Then your house burns down. Credibility anchors expectations; expectations anchor inflation.
Reposted by Sasha Indarte
The St. Louis Fed found that occupations with higher AI exposure rates saw much larger increases in unemployment rates from 2022 to 2025 #EconSky #AI #Unemployment
August 27, 2025 at 12:18 PM
The St. Louis Fed found that occupations with higher AI exposure rates saw much larger increases in unemployment rates from 2022 to 2025 #EconSky #AI #Unemployment
Reposted by Sasha Indarte
On day 4, this is a new frontier
This is NOT cutting off new funds for research (see NIH review suspension)
These data were already out the door
It COSTS resources to yank it back
This is eliminating data access so we can’t see what is happening to us
This is NOT cutting off new funds for research (see NIH review suspension)
These data were already out the door
It COSTS resources to yank it back
This is eliminating data access so we can’t see what is happening to us
Just had our data access rescinded for a projected using federal microdata to study and reduce disparate impact in housing markets.
January 23, 2025 at 5:48 PM
On day 4, this is a new frontier
This is NOT cutting off new funds for research (see NIH review suspension)
These data were already out the door
It COSTS resources to yank it back
This is eliminating data access so we can’t see what is happening to us
This is NOT cutting off new funds for research (see NIH review suspension)
These data were already out the door
It COSTS resources to yank it back
This is eliminating data access so we can’t see what is happening to us
Reposted by Sasha Indarte
Just had our data access rescinded for a projected using federal microdata to study and reduce disparate impact in housing markets.
January 23, 2025 at 4:31 PM
Just had our data access rescinded for a projected using federal microdata to study and reduce disparate impact in housing markets.
Reposted by Sasha Indarte
Using the results shown below and others, we estimate that couples in Germany act as if they value women's earnings at 48 cents on the Euro, compared to men's earnings. In Sweden, it's 80 cents on the Euro. Full paper here: bit.ly/MTO-T
Featured in the latest Digest: "Gender, Career Opportunities, and the Relocation Decisions of Couples"
https://www.nber.org/digest/202412/gender-career-opportunities-and-relocation-decisions-couples
https://www.nber.org/digest/202412/gender-career-opportunities-and-relocation-decisions-couples
December 17, 2024 at 2:29 PM
Using the results shown below and others, we estimate that couples in Germany act as if they value women's earnings at 48 cents on the Euro, compared to men's earnings. In Sweden, it's 80 cents on the Euro. Full paper here: bit.ly/MTO-T
Reposted by Sasha Indarte
New paper: benjaminmoll.com/challenge/
November 29, 2024 at 5:59 PM
New paper: benjaminmoll.com/challenge/
Priority deadline *tonight* for our predoc position!
We’re hiring pre-docs!
Gideon Bornstein, Sergio Salgado, and I are accepting applications for a full-time pre-doc. Work alongside us at Wharton on research in macroeconomics, household finance, and inequality. Priority deadline is *Nov. 26*
Apply here: wd1.myworkdaysite.com/en-US/recrui...
Gideon Bornstein, Sergio Salgado, and I are accepting applications for a full-time pre-doc. Work alongside us at Wharton on research in macroeconomics, household finance, and inequality. Priority deadline is *Nov. 26*
Apply here: wd1.myworkdaysite.com/en-US/recrui...
Research Associate, Rodney White Center for Financial Research, Wharton School
University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school co...
wd1.myworkdaysite.com
November 26, 2024 at 8:20 PM
Priority deadline *tonight* for our predoc position!
Reposted by Sasha Indarte
Lots of new econ lovers here & lots of new resources. A🧵.
The #EconSky feed built by @paulgp.com is the central place for econ discussion here.
Displays posts with that tag. Click here, Pin it. Shows up as a tab on far right of ur Home screen ribbon
8 more resources...
bsky.app/profile/paul...
The #EconSky feed built by @paulgp.com is the central place for econ discussion here.
Displays posts with that tag. Click here, Pin it. Shows up as a tab on far right of ur Home screen ribbon
8 more resources...
bsky.app/profile/paul...
November 24, 2024 at 10:45 PM
Lots of new econ lovers here & lots of new resources. A🧵.
The #EconSky feed built by @paulgp.com is the central place for econ discussion here.
Displays posts with that tag. Click here, Pin it. Shows up as a tab on far right of ur Home screen ribbon
8 more resources...
bsky.app/profile/paul...
The #EconSky feed built by @paulgp.com is the central place for econ discussion here.
Displays posts with that tag. Click here, Pin it. Shows up as a tab on far right of ur Home screen ribbon
8 more resources...
bsky.app/profile/paul...
Reposted by Sasha Indarte
“We find an additional $1 spent auditing taxpayers above the 90th income percentile yields more than $12 in revenue, while audits of below-median income taxpayers yield $5.”
Recently accepted by #QJE, “A Welfare Analysis of Tax Audits Across the Income Distribution,” by Boning, Hendren, Sprung-Keyser (@bsprungkeyser.bsky.social), and Stuart: doi.org/10.1093/qje/...
A Welfare Analysis of Tax Audits Across the Income Distribution
Abstract. We estimate the returns to IRS audits of taxpayers across the income distribution. We find an additional ${\$}$1 spent auditing taxpayers above t
doi.org
November 19, 2024 at 3:08 AM
“We find an additional $1 spent auditing taxpayers above the 90th income percentile yields more than $12 in revenue, while audits of below-median income taxpayers yield $5.”
Reposted by Sasha Indarte
1/🧵
Popularity of token money is ⬆️ to allocate class seats, food donations, holiday homes, …
My #JMP asks
1️⃣Does price-setting with tokens work as in normal markets?
2️⃣Can token money have advantages even when using real money is possible?
Surprising answers: NO, YES!
#EconJobMarket #EconSky
Popularity of token money is ⬆️ to allocate class seats, food donations, holiday homes, …
My #JMP asks
1️⃣Does price-setting with tokens work as in normal markets?
2️⃣Can token money have advantages even when using real money is possible?
Surprising answers: NO, YES!
#EconJobMarket #EconSky
November 23, 2024 at 12:32 PM
1/🧵
Popularity of token money is ⬆️ to allocate class seats, food donations, holiday homes, …
My #JMP asks
1️⃣Does price-setting with tokens work as in normal markets?
2️⃣Can token money have advantages even when using real money is possible?
Surprising answers: NO, YES!
#EconJobMarket #EconSky
Popularity of token money is ⬆️ to allocate class seats, food donations, holiday homes, …
My #JMP asks
1️⃣Does price-setting with tokens work as in normal markets?
2️⃣Can token money have advantages even when using real money is possible?
Surprising answers: NO, YES!
#EconJobMarket #EconSky
Reposted by Sasha Indarte
🚨JMP Thread 🚨
🚰🏡Water scarcity is a global challenge, especially in the context of climate change. How do local water scarcity management policies affect housing markets, water use, and welfare? My job market paper explores these questions in the Front Range of Colorado.🧵
🚰🏡Water scarcity is a global challenge, especially in the context of climate change. How do local water scarcity management policies affect housing markets, water use, and welfare? My job market paper explores these questions in the Front Range of Colorado.🧵
November 19, 2024 at 7:09 PM
🚨JMP Thread 🚨
🚰🏡Water scarcity is a global challenge, especially in the context of climate change. How do local water scarcity management policies affect housing markets, water use, and welfare? My job market paper explores these questions in the Front Range of Colorado.🧵
🚰🏡Water scarcity is a global challenge, especially in the context of climate change. How do local water scarcity management policies affect housing markets, water use, and welfare? My job market paper explores these questions in the Front Range of Colorado.🧵
There has been little change in socioeconomic diversity at elite US universities over the past *century*
Holy crap this is an astounding piece of historical research
Will post ungated link later today unless someone beats me to it
www.nber.org/system/files...
Will post ungated link later today unless someone beats me to it
www.nber.org/system/files...
November 18, 2024 at 1:10 PM
There has been little change in socioeconomic diversity at elite US universities over the past *century*
"We Wrote a Model Where People Live Forever and Never Make Mistakes: Our Policy Recommendations" 😂
November 17, 2024 at 9:56 PM
"We Wrote a Model Where People Live Forever and Never Make Mistakes: Our Policy Recommendations" 😂
Reposted by Sasha Indarte
Nonlinear pricing breaks the tight link between markup dispersion and misallocation across firms. Instead, significant misallocation across consumers of the same firm, is found, from Gideon Bornstein and Alessandra Peter https://www.nber.org/papers/w33144
November 17, 2024 at 8:00 PM
Nonlinear pricing breaks the tight link between markup dispersion and misallocation across firms. Instead, significant misallocation across consumers of the same firm, is found, from Gideon Bornstein and Alessandra Peter https://www.nber.org/papers/w33144
Post a picture you took (no description) to bring some zen to the timeline.
November 17, 2024 at 3:56 PM
Post a picture you took (no description) to bring some zen to the timeline.
Reposted by Sasha Indarte
I tell some version of this to my students when introducing experimental methods.
Experiments/empirical studies are joint hypothesis tests. If you reject, it could be that the model is wrong. Or that your study is not actually testing the theory (poor design, too much measurement error).
Experiments/empirical studies are joint hypothesis tests. If you reject, it could be that the model is wrong. Or that your study is not actually testing the theory (poor design, too much measurement error).
When Theory and Observation differ, we might find that it is Observation that is wrong. Observation is not Facts. There is measurement error.
November 17, 2024 at 2:58 PM
I tell some version of this to my students when introducing experimental methods.
Experiments/empirical studies are joint hypothesis tests. If you reject, it could be that the model is wrong. Or that your study is not actually testing the theory (poor design, too much measurement error).
Experiments/empirical studies are joint hypothesis tests. If you reject, it could be that the model is wrong. Or that your study is not actually testing the theory (poor design, too much measurement error).
Reposted by Sasha Indarte
Now arriving at #EconSky !
Several of our finest minds—> @lkatz42.bsky.social @susanathey.bsky.social @dacemoglumit.bsky.social et (many) al.!
And our top journals—> @qjeharvard.bsky.social @jpolecon.bsky.social @reveconstudies.bsky.social @aeajournals.bsky.social
Tell your colleagues it's time.
Several of our finest minds—> @lkatz42.bsky.social @susanathey.bsky.social @dacemoglumit.bsky.social et (many) al.!
And our top journals—> @qjeharvard.bsky.social @jpolecon.bsky.social @reveconstudies.bsky.social @aeajournals.bsky.social
Tell your colleagues it's time.
November 15, 2024 at 2:28 PM
Now arriving at #EconSky !
Several of our finest minds—> @lkatz42.bsky.social @susanathey.bsky.social @dacemoglumit.bsky.social et (many) al.!
And our top journals—> @qjeharvard.bsky.social @jpolecon.bsky.social @reveconstudies.bsky.social @aeajournals.bsky.social
Tell your colleagues it's time.
Several of our finest minds—> @lkatz42.bsky.social @susanathey.bsky.social @dacemoglumit.bsky.social et (many) al.!
And our top journals—> @qjeharvard.bsky.social @jpolecon.bsky.social @reveconstudies.bsky.social @aeajournals.bsky.social
Tell your colleagues it's time.
We’re hiring pre-docs!
Gideon Bornstein, Sergio Salgado, and I are accepting applications for a full-time pre-doc. Work alongside us at Wharton on research in macroeconomics, household finance, and inequality. Priority deadline is *Nov. 26*
Apply here: wd1.myworkdaysite.com/en-US/recrui...
Gideon Bornstein, Sergio Salgado, and I are accepting applications for a full-time pre-doc. Work alongside us at Wharton on research in macroeconomics, household finance, and inequality. Priority deadline is *Nov. 26*
Apply here: wd1.myworkdaysite.com/en-US/recrui...
Research Associate, Rodney White Center for Financial Research, Wharton School
University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school co...
wd1.myworkdaysite.com
November 15, 2024 at 8:59 PM
We’re hiring pre-docs!
Gideon Bornstein, Sergio Salgado, and I are accepting applications for a full-time pre-doc. Work alongside us at Wharton on research in macroeconomics, household finance, and inequality. Priority deadline is *Nov. 26*
Apply here: wd1.myworkdaysite.com/en-US/recrui...
Gideon Bornstein, Sergio Salgado, and I are accepting applications for a full-time pre-doc. Work alongside us at Wharton on research in macroeconomics, household finance, and inequality. Priority deadline is *Nov. 26*
Apply here: wd1.myworkdaysite.com/en-US/recrui...
Reposted by Sasha Indarte
It’s hard to overstate how much people hate inflation—and the lasting scars this recent surge caused. People across the board, even Democrats, mainly blamed the government (see the figure👇). Check the summary 🧵for "Why do we dislike inflation?" here: x.com/S_Stantcheva...
November 12, 2024 at 4:20 PM
It’s hard to overstate how much people hate inflation—and the lasting scars this recent surge caused. People across the board, even Democrats, mainly blamed the government (see the figure👇). Check the summary 🧵for "Why do we dislike inflation?" here: x.com/S_Stantcheva...
Reposted by Sasha Indarte
AI explodes the scope for price discrimination.
Just look at this quote.
Just look at this quote.
November 15, 2024 at 1:13 PM
AI explodes the scope for price discrimination.
Just look at this quote.
Just look at this quote.
Reposted by Sasha Indarte
R sentiment up 25 points, D down 15 points.
The "Republicans cheer louder and boo harder" theory of consumer sentiment is evidently alive and well
www.briefingbook.info/p/asymmetric...
@briefingbook.bsky.social
The "Republicans cheer louder and boo harder" theory of consumer sentiment is evidently alive and well
www.briefingbook.info/p/asymmetric...
@briefingbook.bsky.social
November 13, 2024 at 9:51 PM
R sentiment up 25 points, D down 15 points.
The "Republicans cheer louder and boo harder" theory of consumer sentiment is evidently alive and well
www.briefingbook.info/p/asymmetric...
@briefingbook.bsky.social
The "Republicans cheer louder and boo harder" theory of consumer sentiment is evidently alive and well
www.briefingbook.info/p/asymmetric...
@briefingbook.bsky.social