Hannes Malmberg
hmalmberg.bsky.social
Hannes Malmberg
@hmalmberg.bsky.social
Assistant Professor in Economics, University of Minnesota. Development economics, macroeconomics, and a weekly rabbit hole.
Pinned
What are the long-run consequences of trade wars on real wages and consumption? In a new note, David Baqaee
and I show that capital adjustment matters a lot. Trade barriers raise the cost of investment goods, capital stocks shrink, and so do consumption and wages.
What are the long-run consequences of trade wars on real wages and consumption? In a new note, David Baqaee
and I show that capital adjustment matters a lot. Trade barriers raise the cost of investment goods, capital stocks shrink, and so do consumption and wages.
April 10, 2025 at 7:41 PM
Reposted by Hannes Malmberg
Four out of nine people on the US Supreme Court have now written down their notion that "sovereign immunity" means no US court can order the Executive to enact laws passed by Congress—such as laws that direct spending, or create agencies.

Start acting like our Constitutional order is in danger.
March 5, 2025 at 5:32 PM
Terrible news…
The Demographic and Heath Survey program received their USAID termination email last night

www.linkedin.com/posts/caren-...
February 26, 2025 at 2:41 AM