Felix Montag
@fmontag.bsky.social
IO Economist working on competition, trade, taxes | Assistant Prof @NYUSternEcon | Affil Fellow @StiglerCenter
https://www.felixmontag.com
https://www.felixmontag.com
Reposted by Felix Montag
The CEPR Virtual Industrial Organisation Seminar #VIOS Series continues on 15 October featuring Alejandro Sabal (Yale University) presenting: 'Product Entry in the Global Automobile Industry'
Discussant: @fmontag.bsky.social
cepr.org/events/event...
#EconSky
Discussant: @fmontag.bsky.social
cepr.org/events/event...
#EconSky
October 7, 2025 at 11:48 AM
The CEPR Virtual Industrial Organisation Seminar #VIOS Series continues on 15 October featuring Alejandro Sabal (Yale University) presenting: 'Product Entry in the Global Automobile Industry'
Discussant: @fmontag.bsky.social
cepr.org/events/event...
#EconSky
Discussant: @fmontag.bsky.social
cepr.org/events/event...
#EconSky
Reposted by Felix Montag
I knew Daria. Students like her are the reason I came back to Ukraine, the reason I am building a university.
She embodied the Ukraine I imagine — because Ukraine is its people. People like Daria. 1/
She embodied the Ukraine I imagine — because Ukraine is its people. People like Daria. 1/
September 4, 2025 at 10:52 PM
I knew Daria. Students like her are the reason I came back to Ukraine, the reason I am building a university.
She embodied the Ukraine I imagine — because Ukraine is its people. People like Daria. 1/
She embodied the Ukraine I imagine — because Ukraine is its people. People like Daria. 1/
Reposted by Felix Montag
Next was a great talk by @fmontag.bsky.social on the effects of M&A and foreign competition on jobs in the US appliance industry at @nber.org www.youtube.com/live/fg08B7_... (5/7)
Industrial Organization, NBER Summer Institute
YouTube video by NBER
www.youtube.com
July 18, 2025 at 1:17 PM
Next was a great talk by @fmontag.bsky.social on the effects of M&A and foreign competition on jobs in the US appliance industry at @nber.org www.youtube.com/live/fg08B7_... (5/7)
Reposted by Felix Montag
Trump just announced new 50% tariffs on household appliances like dishwashers, washing machines, refrigerators.
Hope no one out there was in the middle of a remodel, or had a stove recently conk out
www.reuters.com/world/us/hom...
Hope no one out there was in the middle of a remodel, or had a stove recently conk out
www.reuters.com/world/us/hom...
Home appliances swept up in expansion of Trump steel tariffs
A range of imported household appliances including dishwashers, washing machines, refrigerators and more will be subject to President Donald Trump's expanded steel tariffs starting later this month, according to a notice posted on Thursday.
www.reuters.com
June 13, 2025 at 2:52 PM
Trump just announced new 50% tariffs on household appliances like dishwashers, washing machines, refrigerators.
Hope no one out there was in the middle of a remodel, or had a stove recently conk out
www.reuters.com/world/us/hom...
Hope no one out there was in the middle of a remodel, or had a stove recently conk out
www.reuters.com/world/us/hom...
Reposted by Felix Montag
Oh Jesus, they're looking to kill a bunch of census data collection. Talk about penny-wise pound-foolish behavior that's going to make it harder to actually understand America and do basic policymaking/ research work. They're setting the seed corn on fire for fun.
May 20, 2025 at 6:13 PM
Oh Jesus, they're looking to kill a bunch of census data collection. Talk about penny-wise pound-foolish behavior that's going to make it harder to actually understand America and do basic policymaking/ research work. They're setting the seed corn on fire for fun.
Reposted by Felix Montag
Why the social care visa had to go. TLDR; in long-run it’s an expensive and ineffective way to hire care workers.
blogs.lse.ac.uk/politicsandp...
blogs.lse.ac.uk/politicsandp...
blogs.lse.ac.uk
May 14, 2025 at 11:10 AM
Why the social care visa had to go. TLDR; in long-run it’s an expensive and ineffective way to hire care workers.
blogs.lse.ac.uk/politicsandp...
blogs.lse.ac.uk/politicsandp...
Reposted by Felix Montag
"We ask that we not be considered, explicitely or by implication, as members of the 'Chicago School' of economics. Indeed, economics at Chicago has included many things quite different from the particular views now associated with the 'Chicago School'"
Arrow, Klein, Koopmans and Simon to NYT, 1982
Arrow, Klein, Koopmans and Simon to NYT, 1982
April 24, 2025 at 8:46 PM
"We ask that we not be considered, explicitely or by implication, as members of the 'Chicago School' of economics. Indeed, economics at Chicago has included many things quite different from the particular views now associated with the 'Chicago School'"
Arrow, Klein, Koopmans and Simon to NYT, 1982
Arrow, Klein, Koopmans and Simon to NYT, 1982
Reposted by Felix Montag
Recently accepted to #REStud, ``Colluding against Environmental Regulation," from Alé-Chilet, Chen, @jingli-econ.bsky.social and Reynaert:
www.restud.com/colluding-ag...
#EconSky #REStud
#pollution #regulation #collusion
www.restud.com/colluding-ag...
#EconSky #REStud
#pollution #regulation #collusion
April 24, 2025 at 8:51 PM
Recently accepted to #REStud, ``Colluding against Environmental Regulation," from Alé-Chilet, Chen, @jingli-econ.bsky.social and Reynaert:
www.restud.com/colluding-ag...
#EconSky #REStud
#pollution #regulation #collusion
www.restud.com/colluding-ag...
#EconSky #REStud
#pollution #regulation #collusion
Reposted by Felix Montag
Congratulations to Stefanie Stantcheva (@s-stantcheva.bsky.social) of @harvard.edu, winner of the 2025 John Bates Clark Medal! #econsky www.aeaweb.org/about-aea/ho...
Stefanie Stantcheva, Clark Medalist 2025
www.aeaweb.org
April 22, 2025 at 12:05 PM
Congratulations to Stefanie Stantcheva (@s-stantcheva.bsky.social) of @harvard.edu, winner of the 2025 John Bates Clark Medal! #econsky www.aeaweb.org/about-aea/ho...
Reposted by Felix Montag
Congratulations to Frank Verboven (@frankverboven.bsky.social) for being appointed as AER coeditor, handling papers in empirical IO and related fields. His term starts on July 1. I’m delighted to have him on our team. @aeajournals.bsky.social #EconSky
April 19, 2025 at 9:17 PM
Congratulations to Frank Verboven (@frankverboven.bsky.social) for being appointed as AER coeditor, handling papers in empirical IO and related fields. His term starts on July 1. I’m delighted to have him on our team. @aeajournals.bsky.social #EconSky
Reposted by Felix Montag
Giulia Brancaccio and I are looking for a pre-doc to work with us on topics related to Industrial Organization and Trade
@nyu.edu
Ideally for two years starting in September
apply.interfolio.com/165860
#EconSky #EconRA
@nyu.edu
Ideally for two years starting in September
apply.interfolio.com/165860
#EconSky #EconRA
Apply - Interfolio
{{$ctrl.$state.data.pageTitle}} - Apply - Interfolio
apply.interfolio.com
April 15, 2025 at 12:57 AM
Giulia Brancaccio and I are looking for a pre-doc to work with us on topics related to Industrial Organization and Trade
@nyu.edu
Ideally for two years starting in September
apply.interfolio.com/165860
#EconSky #EconRA
@nyu.edu
Ideally for two years starting in September
apply.interfolio.com/165860
#EconSky #EconRA
Reposted by Felix Montag
A fun thing is that labor productivity is higher in 6 digit NAICS industries where you find "bullshit jobs" (e.g. in Professional, Scientific, and Technical Services) than in manufacturing
April 13, 2025 at 4:28 PM
A fun thing is that labor productivity is higher in 6 digit NAICS industries where you find "bullshit jobs" (e.g. in Professional, Scientific, and Technical Services) than in manufacturing
Reposted by Felix Montag
I was thinking about this Joe and Tracy anecdote from the supply chain crisis on gummy bears. Things are probably going to get really weird in a few weeks in unexpected ways:
April 12, 2025 at 11:17 AM
I was thinking about this Joe and Tracy anecdote from the supply chain crisis on gummy bears. Things are probably going to get really weird in a few weeks in unexpected ways:
Reposted by Felix Montag
This is driving me crazy too. Not long ago 10% universal tariffs were considered the worst-case scenario, something even Trump wasn’t crazy enough to impose. Now have those PLUS 125% tariffs on China. Together, these raise raise inflation by about as much as original “Liberation Day” tariffs did!
why is *every* newspaper/programme running with the headline "tariffs are paused" when they haven't been.
What's happened is that every country (except China) gets a flat rate of 10% for 90 days.
What's happened is that every country (except China) gets a flat rate of 10% for 90 days.
April 10, 2025 at 11:41 AM
This is driving me crazy too. Not long ago 10% universal tariffs were considered the worst-case scenario, something even Trump wasn’t crazy enough to impose. Now have those PLUS 125% tariffs on China. Together, these raise raise inflation by about as much as original “Liberation Day” tariffs did!
Reposted by Felix Montag
Trump hasn't "paused tariffs": in addition to the insane rate on Chinese imports, we have a 10% tariff on everything.
www.nbcnews.com/business/mar...
www.nbcnews.com/business/mar...
Stocks open lower as tariffs reality sets in
Even with Trump's 90-day pause on country-by-country duties, the effective average import tax is rising to 24%.
www.nbcnews.com
April 10, 2025 at 3:29 PM
Trump hasn't "paused tariffs": in addition to the insane rate on Chinese imports, we have a 10% tariff on everything.
www.nbcnews.com/business/mar...
www.nbcnews.com/business/mar...
Reposted by Felix Montag
New post on the (possible) future of American higher education open.substack.com/pub/rajivset...
The University in Exile
I feel like we are witnessing a charade.
open.substack.com
April 10, 2025 at 8:43 AM
New post on the (possible) future of American higher education open.substack.com/pub/rajivset...
Reposted by Felix Montag
Why China has escalation dominance in this trade war.
US gets vital goods from China that cannot be replaced anytime soon. Reducing such dependence may be reason for action, but fighting the current trade war before doing so is a recipe for disaster.
by @adamposen.bsky.social
US gets vital goods from China that cannot be replaced anytime soon. Reducing such dependence may be reason for action, but fighting the current trade war before doing so is a recipe for disaster.
by @adamposen.bsky.social
Trade Wars Are Easy to Lose
Beijing has escalation dominance in the U.S.-China tariff fight.
www.foreignaffairs.com
April 10, 2025 at 12:42 AM
Why China has escalation dominance in this trade war.
US gets vital goods from China that cannot be replaced anytime soon. Reducing such dependence may be reason for action, but fighting the current trade war before doing so is a recipe for disaster.
by @adamposen.bsky.social
US gets vital goods from China that cannot be replaced anytime soon. Reducing such dependence may be reason for action, but fighting the current trade war before doing so is a recipe for disaster.
by @adamposen.bsky.social
Reposted by Felix Montag
Regarding trade -- our research shows that only 25% of Americans *disagree with the idea that international trade is zero-sum* — that if one country gains, another must lose. Most people either believe it is zero-sum or aren’t sure. socialeconomicslab.org/research/wor...
Zero-Sum Thinking and the Roots of U.S. Political Differences - Social Economics Lab
We investigate the origins and implications of zero-sum thinking -- the belief that gains for one individual or group tend to come at the cost of others. Using a new survey of a representative sample ...
socialeconomicslab.org
April 9, 2025 at 3:05 PM
Regarding trade -- our research shows that only 25% of Americans *disagree with the idea that international trade is zero-sum* — that if one country gains, another must lose. Most people either believe it is zero-sum or aren’t sure. socialeconomicslab.org/research/wor...
Reposted by Felix Montag
Awkward. www.economist.com/europe/2025/...
April 9, 2025 at 11:27 AM
Awkward. www.economist.com/europe/2025/...
Reposted by Felix Montag
It's easy to say "well then just stop cheap imports." But I don't think Americans are returning back to those prices. In early 1960s, US households spent 12% of their income on apparel (or $4,157 in today's dollars). In 2016, it was 4% (or $1,803). And that's with larger wardrobes!
April 8, 2025 at 12:14 AM
It's easy to say "well then just stop cheap imports." But I don't think Americans are returning back to those prices. In early 1960s, US households spent 12% of their income on apparel (or $4,157 in today's dollars). In 2016, it was 4% (or $1,803). And that's with larger wardrobes!
Reposted by Felix Montag
I’m losing my mind here. USTR made a list of “Unfair trade practices” they’re retaliating against, complaint number 5 is that the EU cares too much about stopping illegal deforestation, complaint number 7 is that the South Americans are doing too much illegal deforestation
April 7, 2025 at 9:55 PM
I’m losing my mind here. USTR made a list of “Unfair trade practices” they’re retaliating against, complaint number 5 is that the EU cares too much about stopping illegal deforestation, complaint number 7 is that the South Americans are doing too much illegal deforestation
Reposted by Felix Montag
Come join me in Zurich! We’re hiring a Professor of Health Economics (deadline April 30).
DM me if you have any questions about our department, ETH 🏫, or Switzerland🇨🇭
ethz.ch/en/the-eth-z...
DM me if you have any questions about our department, ETH 🏫, or Switzerland🇨🇭
ethz.ch/en/the-eth-z...
Professor of Health Economics
ethz.ch
April 7, 2025 at 6:49 PM
Come join me in Zurich! We’re hiring a Professor of Health Economics (deadline April 30).
DM me if you have any questions about our department, ETH 🏫, or Switzerland🇨🇭
ethz.ch/en/the-eth-z...
DM me if you have any questions about our department, ETH 🏫, or Switzerland🇨🇭
ethz.ch/en/the-eth-z...
Reposted by Felix Montag
April 4, 2025 at 8:19 PM
Reposted by Felix Montag
Meanwhile, back in Metropolis...
Trump administration invokes Rapid Response Mechanism (RRM) of USMCA for first time.
US is worried about denial of worker rights - freedom of association / collective bargaining - in a Mexican auto parts plant.
Source: ustr.gov/about/policy...
Trump administration invokes Rapid Response Mechanism (RRM) of USMCA for first time.
US is worried about denial of worker rights - freedom of association / collective bargaining - in a Mexican auto parts plant.
Source: ustr.gov/about/policy...
April 3, 2025 at 7:54 PM
Meanwhile, back in Metropolis...
Trump administration invokes Rapid Response Mechanism (RRM) of USMCA for first time.
US is worried about denial of worker rights - freedom of association / collective bargaining - in a Mexican auto parts plant.
Source: ustr.gov/about/policy...
Trump administration invokes Rapid Response Mechanism (RRM) of USMCA for first time.
US is worried about denial of worker rights - freedom of association / collective bargaining - in a Mexican auto parts plant.
Source: ustr.gov/about/policy...