Benedikt Heid
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benoheid.bsky.social
Benedikt Heid
@benoheid.bsky.social
German economist based in Spain at Universitat Jaume I 🇪🇺. CESifo Fellow. Interested in international trade, trade and investment agreements, wildlife conservation, cooking, food. And books, too many books. bi🏳️‍🌈
http://benediktheid.weebly.com
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Less than a week to submit your papers for the 19th Australasian Trade Workshop (#ATW19), hosted by Deakin Business School at @deakinuniversity.bsky.social in Melbourne, Australia. 1/n
Reposted by Benedikt Heid
Less than a week to submit your papers for the 19th Australasian Trade Workshop (#ATW19), hosted by Deakin Business School at @deakinuniversity.bsky.social in Melbourne, Australia. 1/n
October 27, 2025 at 11:52 AM
Less than a week to submit your papers for the 19th Australasian Trade Workshop (#ATW19), hosted by Deakin Business School at @deakinuniversity.bsky.social in Melbourne, Australia. 1/n
October 27, 2025 at 11:52 AM
Reposted by Benedikt Heid
Just to be clear, the case is about specific tariffs under IEEPA. Even if SCOTUS says these tariffs are illegal, Trump has loads of other tariffs options, so his claims here make no sense.
Trump: "If this country is not allowed to have tariffs, if this country is not allowed to have the president negotiate on behalf of it w/tariffs, we are put in a position where we're gonna be a 3rd world country. We can't let that happen. I think it's the most important case that we are gonna have"
October 22, 2025 at 10:03 PM
Reposted by Benedikt Heid
Trump proposing 100% tariffs on China
October 10, 2025 at 8:54 PM
Reposted by Benedikt Heid
The secret to academic success is 20% grit, 80% sunk cost fallacy
September 26, 2025 at 1:34 PM
Reposted by Benedikt Heid
Causal nihilism like this will get us nowhere, folks! At the very least, turn that value judgment into a quantitatively grounded estimate of sensitivity.
Spicy take of the day: there are _always_ unmeasured confounders. We just make value judgements over how much they matter with respect to Y
#statsky #rstats
It is *impossible* to "adjust for socioeconomic status" in a regression model. Discuss.

And good morning! 🌞
September 26, 2025 at 7:49 AM
Reposted by Benedikt Heid
Is this mi primer artículo bisexual en el salto? Diría que sí...
📚Tres activistas recomiendan 23 libros para entender lo bi en el Día de la Visibilidad Bisexual.

✍🏼Patricia Reguero Ríos @desbordes.bsky.social 
📷 @aminguito.bsky.social 

https://elsal.to/44152
September 23, 2025 at 10:47 AM
Reposted by Benedikt Heid
A blue collar, apolitical friend in Michigan is mad when, because of Trump ending the de minimis exemption, UPS surpised him by demanding a tariff payment before it would deliver a part he ordered on EBay from the Czech Republic.

This made it super clear to him who pays tariffs.
September 22, 2025 at 3:10 AM
Reposted by Benedikt Heid
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...
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...
voxdev.org
September 12, 2025 at 8:17 PM
Reposted by Benedikt Heid
1) BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED BASED

2) See you in the Supreme Court!

3) I have little faith in the Supreme Court
BREAKING: Federal Circuit, 7-4, rejects Trump’s tariffs under the IEEPA, affirming the lower court’s decision against Trump. www.cafc.uscourts.gov/opinions-ord...
August 29, 2025 at 9:55 PM
Reposted by Benedikt Heid
📢 New initiative: we are launching a monthly virtual seminar in French Economic History to share and discuss the latest research in the field!

🌍 Open to all interested in #econhist.

👉 Info & updates: sites.google.com/view/vwfhe/h...
VWFHE
sites.google.com
August 26, 2025 at 8:48 AM
Reposted by Benedikt Heid
🚒Feijóo propone un registro de pirómanos, cuando solo el 7% de los incendios intencionados tienen esa causa

Feijóo propone un registro de pirómanos, cuando solo el 7% de los incendios intencionados tienen esa causa
Mientras el líder de la oposición propone un plan contra incendios, que incluye perseguir a los pirómanos, el Gobierno aprobará este martes ayudas para las zonas afectadas.
www.elsaltodiario.com
August 26, 2025 at 8:42 AM
Reposted by Benedikt Heid
"If we fight a grinding total war of attrition we'll need factories!" is the kind of statement that might be true in an economy-wide sense but is just populist protectionism in an army helmet when you reach for it one sector at a time to justify tariffs or subsidies you want to roll out anyway.
"A US official said the probe was being carried out by the Commerce Dept as part of its timber and lumber probe under Section 232 of the Trade Expansion Act, which allows for the imposition of tariffs on goods deemed critical to national security."
August 23, 2025 at 1:27 PM
Reposted by Benedikt Heid
The EU has swallowed a lot already. It can’t compromise when it comes to the regulation of technology platforms that facilitate the spread of hate speech, disinformation & partisan propaganda.

www.reuters.com/world/us/tru...
Exclusive: Trump administration weighs sanctions on officials implementing EU tech law, sources say
President Donald Trump's administration is considering imposing sanctions on European Union or member state officials responsible for implementing the bloc's landmark Digital Services Act, two sources familiar with the matter said, over U.S. complaints that the law censors Americans and imposes costs on U.S. tech companies.
www.reuters.com
August 26, 2025 at 5:28 AM
Reposted by Benedikt Heid
Your occasional reminder -- as arrivals on student visas decrease 28% -- that tuition from foreign students counts as an export, which means that every rejected student visa is going to contribute to the US trade deficit.

www.bloomberg.com/news/article...
Student Arrivals to US Continue to Plummet, With Asia Hit Especially Hard
Visitors to the US arriving on student visas plunged in July, falling year-on-year for a fourth straight month.
www.bloomberg.com
August 22, 2025 at 2:02 PM
Trump stoppt Windparkbau mit fadenscheinigen nationalen Sicherheitsinteressen. Eine de facto Enteignung bzw Entwertung ausländischer Direktinvestitionen. Ein Verhalten, das bisher oft in lateinamerikanischen Ländern diskutiert wurde. 1/n
Ørsted: Trump-Regierung verhängt Baustopp für Offshore-Windpark Revolution Wind
Alle Fundamente und die meisten Turbinen stehen schon, doch der dänische Staatskonzern Ørsted darf sein Projekt »Revolution Wind« nicht fertigstellen. Die USA begründen ihren Eingriff mit der national...
www.spiegel.de
August 23, 2025 at 1:14 PM
Reposted by Benedikt Heid
This is exactly right. Trump hasn’t put into place the completely ridiculous tariff rates he’s threatened but he’s raised tariffs to the highest they’ve been in generations. In all of the chaos surrounding Trump’s trade policy, we shouldn’t lose sight of this fact
A thing I really need people to keep in mind: 15% tariffs are high, historically speaking. 10% tariffs are high.

The average effective tariff rate before this term was just over 2%. Anything double-digits is high!
August 21, 2025 at 10:28 PM
Reposted by Benedikt Heid
Text of the US-EU trade deal is out: www.whitehouse.gov/briefings-st...

The most important thing is what's not there. Trump had boasted "They gave me $600 billion, and that’s a gift." But guess what? They didn't. He didn't get a penny.
Joint Statement on a United States-European Union Framework on an Agreement on Reciprocal, Fair, and Balanced Trade
The United States and the European Union are pleased to announce that they have agreed on a Framework on
www.whitehouse.gov
August 21, 2025 at 1:56 PM
Reposted by Benedikt Heid
Russian strike burnt 15,000 books at Ukrainian university in a single night on 18 August.

The attack destroyed the library's newest collection of the Sumy State University. Every book was purchased over the past six years.⤵️

📷Suspilne
August 21, 2025 at 5:05 PM
Reposted by Benedikt Heid
TACO damages everything he touches.
#empiresuicidewatch 76
David Autor: Trump's tariff and policies are compounding the error. If we want to keep these industries flourishing, we need them to be able to export to the rest of the world.
www.theatlantic.com/economy/arch...
" We could lose Boeing. We could lose GM and Ford. We could lose Apple"
August 16, 2025 at 2:39 PM
Reposted by Benedikt Heid
More than 450 million Europeans. 29 countries. 1 shared freedom.

This year, we mark 40 years of Schengen!

The Schengen Agreement has reshaped how over 450 million Europeans live, work and travel.
August 15, 2025 at 8:00 AM
Reposted by Benedikt Heid
What’s happening now in Spain didn’t happen just 50 years ago at this scale in most of the country. Still it’s shocking how little the political debate focuses on the consequences of the climate emergency. My opinion piece @theguardian.com www.theguardian.com/commentisfre...
Spanish people know deadly heatwaves are now an annual event. So why are our politicians in denial? | María Ramírez
We need everyday solutions like ‘cool banks’ and shaded areas, as well as serious policies on emissions, says María Ramírez, deputy managing editor of elDiario.es
www.theguardian.com
August 14, 2025 at 6:27 AM