Basil Halperin
@basilhalperin.com
Assistant professor of economics @ UVA
basilhalperin.com
basilhalperin.com
For more, check out the website: stripe.events/fellowship
We invite graduate students and early-career researchers who are interested in studying the economics of AI to apply – ***regardless of prior experience working on the topic*** #econsky
We invite graduate students and early-career researchers who are interested in studying the economics of AI to apply – ***regardless of prior experience working on the topic*** #econsky
March 28, 2025 at 3:24 PM
For more, check out the website: stripe.events/fellowship
We invite graduate students and early-career researchers who are interested in studying the economics of AI to apply – ***regardless of prior experience working on the topic*** #econsky
We invite graduate students and early-career researchers who are interested in studying the economics of AI to apply – ***regardless of prior experience working on the topic*** #econsky
We welcome researchers interested in any aspect of the economics of AI, broadly defined. We are particularly interested in research that:
1. is focused on the economics of *transformative* AI
2. is forward-looking
3. is expected to be of durable importance, and
4. moves fast :)
1. is focused on the economics of *transformative* AI
2. is forward-looking
3. is expected to be of durable importance, and
4. moves fast :)
March 28, 2025 at 3:24 PM
We welcome researchers interested in any aspect of the economics of AI, broadly defined. We are particularly interested in research that:
1. is focused on the economics of *transformative* AI
2. is forward-looking
3. is expected to be of durable importance, and
4. moves fast :)
1. is focused on the economics of *transformative* AI
2. is forward-looking
3. is expected to be of durable importance, and
4. moves fast :)
What you’ll get:
– $10k, and you should ask for more if you have a reason
– a conference in SF in a few months with senior economists and AI developers
– opportunity to access Stripe data and/or work with its customers
– a community of fellow nerds
– $10k, and you should ask for more if you have a reason
– a conference in SF in a few months with senior economists and AI developers
– opportunity to access Stripe data and/or work with its customers
– a community of fellow nerds
March 28, 2025 at 3:24 PM
What you’ll get:
– $10k, and you should ask for more if you have a reason
– a conference in SF in a few months with senior economists and AI developers
– opportunity to access Stripe data and/or work with its customers
– a community of fellow nerds
– $10k, and you should ask for more if you have a reason
– a conference in SF in a few months with senior economists and AI developers
– opportunity to access Stripe data and/or work with its customers
– a community of fellow nerds
Introducing the Stripe Economics of AI Fellowship:
The economics of AI remains surprisingly understudied. The fellowship aims to help fill that gap, by supporting grad students and early-career researchers with $, data, a conference, and community –
The economics of AI remains surprisingly understudied. The fellowship aims to help fill that gap, by supporting grad students and early-career researchers with $, data, a conference, and community –
March 28, 2025 at 3:24 PM
Introducing the Stripe Economics of AI Fellowship:
The economics of AI remains surprisingly understudied. The fellowship aims to help fill that gap, by supporting grad students and early-career researchers with $, data, a conference, and community –
The economics of AI remains surprisingly understudied. The fellowship aims to help fill that gap, by supporting grad students and early-career researchers with $, data, a conference, and community –
Anyway Tom’s post is very poetic and deeply resonant personally with my own experience pushing Greek letters around, check it out
February 17, 2025 at 6:45 PM
Anyway Tom’s post is very poetic and deeply resonant personally with my own experience pushing Greek letters around, check it out
Trump tariff proposal reportedly reduced to only cover “critical” security imports — Leopold Aschenbrenner has an old, interesting alternative to these tariffs:
Minimal *quotas* for critical goods — idea being Weitzman/Hayek meets geoeconomics:
www.forourposterity.com/the-economic...
Minimal *quotas* for critical goods — idea being Weitzman/Hayek meets geoeconomics:
www.forourposterity.com/the-economic...
January 6, 2025 at 9:48 PM
Trump tariff proposal reportedly reduced to only cover “critical” security imports — Leopold Aschenbrenner has an old, interesting alternative to these tariffs:
Minimal *quotas* for critical goods — idea being Weitzman/Hayek meets geoeconomics:
www.forourposterity.com/the-economic...
Minimal *quotas* for critical goods — idea being Weitzman/Hayek meets geoeconomics:
www.forourposterity.com/the-economic...
Soo no discussion of this Tyler post on “The future of the scientist in a world with advanced AI” because it’s too depressing or?
“The humans will gather the data” 😬
“The humans will gather the data” 😬
January 5, 2025 at 6:24 PM
Soo no discussion of this Tyler post on “The future of the scientist in a world with advanced AI” because it’s too depressing or?
“The humans will gather the data” 😬
“The humans will gather the data” 😬
need an RCT to know whether tweeting about an AEA session actually increases attendance:
***Policy implications of transformative AI*** -- for those interested in AI, policy, or their intersection... tomorrow at 2:30!
***Policy implications of transformative AI*** -- for those interested in AI, policy, or their intersection... tomorrow at 2:30!
January 2, 2025 at 8:47 PM
need an RCT to know whether tweeting about an AEA session actually increases attendance:
***Policy implications of transformative AI*** -- for those interested in AI, policy, or their intersection... tomorrow at 2:30!
***Policy implications of transformative AI*** -- for those interested in AI, policy, or their intersection... tomorrow at 2:30!
from Daniel, Klos, and Rottke (2024) ARFE
kentdaniel.net/papers/unpub...
kentdaniel.net/papers/unpub...
January 2, 2025 at 8:13 PM
from Daniel, Klos, and Rottke (2024) ARFE
kentdaniel.net/papers/unpub...
kentdaniel.net/papers/unpub...
Why has the cost of shorting stocks gone up? Daytrader effect?
January 2, 2025 at 8:13 PM
Why has the cost of shorting stocks gone up? Daytrader effect?
7. Collect credible estimates of VSL over time -- how has it evolved over time & with GDP growth?
And/or update Costa and Kahn (2004):
And/or update Costa and Kahn (2004):
January 1, 2025 at 8:36 PM
7. Collect credible estimates of VSL over time -- how has it evolved over time & with GDP growth?
And/or update Costa and Kahn (2004):
And/or update Costa and Kahn (2004):
If I follow -- this 2015 @chrisblattman.bsky.social post (featuring @johnjhorton.bsky.social and others) may be discussing exactly this
chrisblattman.com/blog/2015/12...
chrisblattman.com/blog/2015/12...
November 21, 2024 at 10:20 PM
If I follow -- this 2015 @chrisblattman.bsky.social post (featuring @johnjhorton.bsky.social and others) may be discussing exactly this
chrisblattman.com/blog/2015/12...
chrisblattman.com/blog/2015/12...
Accuse me of naive optimism but it doesn't seem to me our choices are only "10% inflation" or "10% unemployment"... let's just do even better next time?
November 19, 2024 at 5:41 PM
Accuse me of naive optimism but it doesn't seem to me our choices are only "10% inflation" or "10% unemployment"... let's just do even better next time?
2. Relatedly (and again tentatively): an update against *downward* nominal wage rigidity -- the idea that nominal wages are asymmetrically rigid downward, but not upward
- seems like wages have been rigid upward too
- would be very curious if someone digs (or has dug) into this
- seems like wages have been rigid upward too
- would be very curious if someone digs (or has dug) into this
November 18, 2024 at 4:29 PM
2. Relatedly (and again tentatively): an update against *downward* nominal wage rigidity -- the idea that nominal wages are asymmetrically rigid downward, but not upward
- seems like wages have been rigid upward too
- would be very curious if someone digs (or has dug) into this
- seems like wages have been rigid upward too
- would be very curious if someone digs (or has dug) into this
Tentative takeaways for macro theory, based on Zach's empirics showing wage growth has been uniformly weak in the recent episode:
1. Basic sticky wage theory looks extremely good?
1. Basic sticky wage theory looks extremely good?
November 18, 2024 at 4:29 PM
Tentative takeaways for macro theory, based on Zach's empirics showing wage growth has been uniformly weak in the recent episode:
1. Basic sticky wage theory looks extremely good?
1. Basic sticky wage theory looks extremely good?
Zach then puts it all together showing how different methodological choices take you
...from +1.5% growth -- this is the number in the charts you see floating around twitter --
...to -1.7% growth
Check out the full post, the 14 footnotes are more interesting than most tweets
...from +1.5% growth -- this is the number in the charts you see floating around twitter --
...to -1.7% growth
Check out the full post, the 14 footnotes are more interesting than most tweets
November 12, 2024 at 9:33 PM
Zach then puts it all together showing how different methodological choices take you
...from +1.5% growth -- this is the number in the charts you see floating around twitter --
...to -1.7% growth
Check out the full post, the 14 footnotes are more interesting than most tweets
...from +1.5% growth -- this is the number in the charts you see floating around twitter --
...to -1.7% growth
Check out the full post, the 14 footnotes are more interesting than most tweets
Point 3: if you look at median growth in *total income* rather than in *wages* -- i.e., including taxes/transfers: there was a collapse in the Biden presidency
(in large part due to stimulus timing; and an increase in household formation)
(in large part due to stimulus timing; and an increase in household formation)
November 12, 2024 at 9:33 PM
Point 3: if you look at median growth in *total income* rather than in *wages* -- i.e., including taxes/transfers: there was a collapse in the Biden presidency
(in large part due to stimulus timing; and an increase in household formation)
(in large part due to stimulus timing; and an increase in household formation)
Point 2 (this one is still crazy/slightly hilarious to me):
- *the change in median wages* is not what matters
- it is *the median change in wages* that does
And, other than the Great Recession, this growth was the lowest it's been in 30 years (!)
- *the change in median wages* is not what matters
- it is *the median change in wages* that does
And, other than the Great Recession, this growth was the lowest it's been in 30 years (!)
November 12, 2024 at 9:33 PM
Point 2 (this one is still crazy/slightly hilarious to me):
- *the change in median wages* is not what matters
- it is *the median change in wages* that does
And, other than the Great Recession, this growth was the lowest it's been in 30 years (!)
- *the change in median wages* is not what matters
- it is *the median change in wages* that does
And, other than the Great Recession, this growth was the lowest it's been in 30 years (!)
Point 1: In no part of the income distribution did wages grow faster while Biden was president than they did 2012-2020 (!), in the raw data and especially with a composition adjustment
November 12, 2024 at 9:33 PM
Point 1: In no part of the income distribution did wages grow faster while Biden was president than they did 2012-2020 (!), in the raw data and especially with a composition adjustment
This from @zmazlish.bsky.social is THE analysis of wages/income under Biden-Powell
jzmazlish.substack.com/p/yes-inflat...
TLDR: growth has been... historically weak (this is not normative -- just the numbers)
jzmazlish.substack.com/p/yes-inflat...
TLDR: growth has been... historically weak (this is not normative -- just the numbers)
November 12, 2024 at 9:33 PM
This from @zmazlish.bsky.social is THE analysis of wages/income under Biden-Powell
jzmazlish.substack.com/p/yes-inflat...
TLDR: growth has been... historically weak (this is not normative -- just the numbers)
jzmazlish.substack.com/p/yes-inflat...
TLDR: growth has been... historically weak (this is not normative -- just the numbers)
surveying 14th century peasants on 'the impacts of higher wages'
number one answer: mass death, boils
number one answer: mass death, boils
November 12, 2024 at 6:19 AM
surveying 14th century peasants on 'the impacts of higher wages'
number one answer: mass death, boils
number one answer: mass death, boils
November 9, 2024 at 9:09 PM