Nate Miller
@natehmiller.bsky.social
Professor of Economics at Georgetown University. Editor, Journal of Law & Economics. Research in industrial organization and antitrust economics.
Website: nathanhmiller.org
Website: nathanhmiller.org
Reposted by Nate Miller
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 Nate Miller
Some president should really try to get Justin to be their CEA chair. He's a well regarded, broad researcher, a clear thinker, a fun and upstanding person, and really the best video communicator of economics in the profession.
We're in that strange parallel universe in which the Trump administration is discovering the value of the Trans Pacific Partnership (which a younger President Trump ripped up).
April 12, 2025 at 2:54 AM
Some president should really try to get Justin to be their CEA chair. He's a well regarded, broad researcher, a clear thinker, a fun and upstanding person, and really the best video communicator of economics in the profession.
Reposted by Nate Miller
🚨 An updated version of "Demand Estimation with Text and Image Data" with Ilya Morozov and Stephan Seiler is now available online:
papers.ssrn.com/sol3/papers....
We also make the full code pipeline available here:
papers.ssrn.com/sol3/papers....
We also make the full code pipeline available here:
Demand Estimation with Text and Image Data
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We propose a demand estimation method that leverages unstructured text and image data to infer substitution patterns. Using pre-trained
papers.ssrn.com
April 7, 2025 at 4:10 PM
🚨 An updated version of "Demand Estimation with Text and Image Data" with Ilya Morozov and Stephan Seiler is now available online:
papers.ssrn.com/sol3/papers....
We also make the full code pipeline available here:
papers.ssrn.com/sol3/papers....
We also make the full code pipeline available here:
Reposted by Nate Miller
The former ambassador to Denmark for the United States, Rufus Gifford, posted this video on his Facebook account:
Ht: @hpsc24.bsky.social
Ht: @hpsc24.bsky.social
March 29, 2025 at 3:26 PM
The former ambassador to Denmark for the United States, Rufus Gifford, posted this video on his Facebook account:
Ht: @hpsc24.bsky.social
Ht: @hpsc24.bsky.social
Reposted by Nate Miller
Respect, Sparty. "... Michigan State will never abandon our core values...Michigan State operates within all state and federal laws prohibiting race-based discrimination and preferences..." president.msu.edu/communicatio...
Spartan Community Letter: Serving the common good | Michigan State University
president.msu.edu
March 29, 2025 at 7:09 PM
Respect, Sparty. "... Michigan State will never abandon our core values...Michigan State operates within all state and federal laws prohibiting race-based discrimination and preferences..." president.msu.edu/communicatio...
Reposted by Nate Miller
The U.S. Constitution's First Amendment defines the right of all people in America to speak freely.
It legally bars the federal govt from acting against anyone based on their speech.
Our executive is attacking 1st Amendment rights. American courts, congress, & people can defend them.
It legally bars the federal govt from acting against anyone based on their speech.
Our executive is attacking 1st Amendment rights. American courts, congress, & people can defend them.
Hundreds of international students have just received an email telling them their visas have been revoked.
The ‘justification’ is campus activism or social media posts.
timesofindia.indiatimes.com/world/us/hun...
The ‘justification’ is campus activism or social media posts.
timesofindia.indiatimes.com/world/us/hun...
March 29, 2025 at 6:41 PM
The U.S. Constitution's First Amendment defines the right of all people in America to speak freely.
It legally bars the federal govt from acting against anyone based on their speech.
Our executive is attacking 1st Amendment rights. American courts, congress, & people can defend them.
It legally bars the federal govt from acting against anyone based on their speech.
Our executive is attacking 1st Amendment rights. American courts, congress, & people can defend them.
Reposted by Nate Miller
March 28, 2025 at 11:18 AM
Reposted by Nate Miller
Check out the recordings of this year's @macci-mannheim.bsky.social annual conference.
Did you miss the keynotes at this year's MaCCI Annual Conference? Despair, do not! The recordings are online now:
Nancy Rose on efficiencies in merger analysis youtu.be/oSm4qEf9VSQ?...
Pablo Ibáñez Colomo: "Towards the end of the Ordoliberal compact?" youtu.be/vN1Y1piJgw0?...
#EconSky #EconConf
Nancy Rose on efficiencies in merger analysis youtu.be/oSm4qEf9VSQ?...
Pablo Ibáñez Colomo: "Towards the end of the Ordoliberal compact?" youtu.be/vN1Y1piJgw0?...
#EconSky #EconConf
MaCCI Annual Conference: Keynote by Nancy Rose (MIT)
YouTube video by Mannheim Centre for Competition and Innovation
youtu.be
March 28, 2025 at 7:18 AM
Check out the recordings of this year's @macci-mannheim.bsky.social annual conference.
Reposted by Nate Miller
Interesting new paper: arxiv.org/pdf/2503.09907
improves on both rdrobust and rdhonest!
Quite compelling... 1/n
improves on both rdrobust and rdhonest!
Quite compelling... 1/n
March 19, 2025 at 2:07 AM
Interesting new paper: arxiv.org/pdf/2503.09907
improves on both rdrobust and rdhonest!
Quite compelling... 1/n
improves on both rdrobust and rdhonest!
Quite compelling... 1/n
Reposted by Nate Miller
The Department of Defense deemed a story about baseball hero and civil rights leader Jackie Robinson's time in the Army as "DEI" and deleted it.
March 18, 2025 at 3:26 PM
The Department of Defense deemed a story about baseball hero and civil rights leader Jackie Robinson's time in the Army as "DEI" and deleted it.
Reposted by Nate Miller
President Trump has taken an extraordinary and dangerous step of firing two FTC Commissioners.
This is a dramatic ratcheting up of the politicization of the agency--the opposite of the direction it should be going in.
This is a dramatic ratcheting up of the politicization of the agency--the opposite of the direction it should be going in.
March 18, 2025 at 10:28 PM
President Trump has taken an extraordinary and dangerous step of firing two FTC Commissioners.
This is a dramatic ratcheting up of the politicization of the agency--the opposite of the direction it should be going in.
This is a dramatic ratcheting up of the politicization of the agency--the opposite of the direction it should be going in.
Reposted by Nate Miller
Trump fires both Democratic commissioners at the #FTC. Clearly contrary to the intent of the FTC being an independent agency. We’re well on our way to being ruled by an autocratic, authoritarian regime. This has to be stopped.
www.reuters.com/world/us/tru...
www.reuters.com/world/us/tru...
Exclusive: Trump fires both Democratic commissioners at FTC, sources say
President Donald Trump fired the two Democratic commissioners at the U.S. Federal Trade Commission on Tuesday, two sources familiar with the situation said, in another major test of the independence of regulatory agencies.
www.reuters.com
March 18, 2025 at 11:02 PM
Trump fires both Democratic commissioners at the #FTC. Clearly contrary to the intent of the FTC being an independent agency. We’re well on our way to being ruled by an autocratic, authoritarian regime. This has to be stopped.
www.reuters.com/world/us/tru...
www.reuters.com/world/us/tru...
Reposted by Nate Miller
Mike spotted this before the rest of us. 🫡
Publications from 2025 are shared more on Bluesky than on X/Twitter.
Publications from 2025 are shared more on Bluesky than on X/Twitter.
About to talk to medical affairs colleagues, with the news that Bluesky is carrying more posts about new journal publications than X #bluesky #altmetrics #x #xparrot
March 13, 2025 at 3:51 PM
Mike spotted this before the rest of us. 🫡
Publications from 2025 are shared more on Bluesky than on X/Twitter.
Publications from 2025 are shared more on Bluesky than on X/Twitter.
Reposted by Nate Miller
Forthcoming at the Journal of Political Economy: We find that consumer product markups increased more than 25 percent from 2006 to 2019.
One contribution is an approach to estimate IO-style models at scale, yielding flexible consumer preferences and estimates of marginal costs.
One contribution is an approach to estimate IO-style models at scale, yielding flexible consumer preferences and estimates of marginal costs.
March 5, 2025 at 2:20 PM
Forthcoming at the Journal of Political Economy: We find that consumer product markups increased more than 25 percent from 2006 to 2019.
One contribution is an approach to estimate IO-style models at scale, yielding flexible consumer preferences and estimates of marginal costs.
One contribution is an approach to estimate IO-style models at scale, yielding flexible consumer preferences and estimates of marginal costs.
Reposted by Nate Miller
Reposted by Nate Miller
Receiving breaking news about cuts to the federal workforce every day makes me extremely disturbed and disheartened. My former colleagues are dedicated public servants who sacrifice themselves to serve the nation. Without them, this country could never be great.
February 23, 2025 at 3:23 AM
Receiving breaking news about cuts to the federal workforce every day makes me extremely disturbed and disheartened. My former colleagues are dedicated public servants who sacrifice themselves to serve the nation. Without them, this country could never be great.
Reposted by Nate Miller
Got the ball rolling on a Fed Economists starter pack go.bsky.app/GudXeoo
Fed economists, let me know if you’re on Bluesky and I’ll add you
Fed economists, let me know if you’re on Bluesky and I’ll add you
November 15, 2024 at 9:23 PM
Got the ball rolling on a Fed Economists starter pack go.bsky.app/GudXeoo
Fed economists, let me know if you’re on Bluesky and I’ll add you
Fed economists, let me know if you’re on Bluesky and I’ll add you
Reposted by Nate Miller
@heidiwilliams.bsky.social JEP has a new edition with some work on antitrust. www.aeaweb.org/issues/793. In my new book there are multiple chapters on how game theory impacts analysis of mergers and collusion.
Journal of Economic Perspectives
Vol. 39 No. 1 Winter 2025
www.aeaweb.org
February 16, 2025 at 4:06 PM
@heidiwilliams.bsky.social JEP has a new edition with some work on antitrust. www.aeaweb.org/issues/793. In my new book there are multiple chapters on how game theory impacts analysis of mergers and collusion.
Reposted by Nate Miller
Happy to see this paper with @natehmiller.bsky.social in print! In the paper, we address identification of the price coefficient in models of supply and demand. We show how a covariance restriction between demand and cost shocks can resolve endogeneity.
www.aeaweb.org/articles?id=...
www.aeaweb.org/articles?id=...
Estimating Models of Supply and Demand: Instruments and Covariance Restrictions
(February 2025) - We consider the identification of empirical models of supply and demand with imperfect competition. We show that a restriction on the covariance between unobserved demand and cost sh...
www.aeaweb.org
February 3, 2025 at 7:08 PM
Happy to see this paper with @natehmiller.bsky.social in print! In the paper, we address identification of the price coefficient in models of supply and demand. We show how a covariance restriction between demand and cost shocks can resolve endogeneity.
www.aeaweb.org/articles?id=...
www.aeaweb.org/articles?id=...
Reposted by Nate Miller
Learning by doing in the global electric vehicle battery sector is estimated at 7.5 percent and accounted for 35.5 percent of battery cost reductions from 2013–2020, from Panle Jia Barwick, Hyuk-Soo Kwon, Shanjun Li, and Nahim B. Zahur https://www.nber.org/papers/w33378
January 27, 2025 at 7:00 PM
Learning by doing in the global electric vehicle battery sector is estimated at 7.5 percent and accounted for 35.5 percent of battery cost reductions from 2013–2020, from Panle Jia Barwick, Hyuk-Soo Kwon, Shanjun Li, and Nahim B. Zahur https://www.nber.org/papers/w33378
Reposted by Nate Miller
A study of the welfare effects of buyer and seller power in vertical relations and an empirical approach for quantifying the contributions of each channel to deadweight loss, applied to coal procurement by power plants in Texas, from Mert Demirer and @MichRubens https://www.nber.org/papers/w33371
January 25, 2025 at 5:30 PM
A study of the welfare effects of buyer and seller power in vertical relations and an empirical approach for quantifying the contributions of each channel to deadweight loss, applied to coal procurement by power plants in Texas, from Mert Demirer and @MichRubens https://www.nber.org/papers/w33371
Reposted by Nate Miller
Hi, #EconSky! I’m Anderson, a 6th year PhD candidate at the University of Virginia. For those going to ASSA this week, I’ll be presenting my job market paper, The Effects of Privacy Regulation on the Supply of Stolen Data, during the CSMGEP session tomorrow at 8AM. Here’s a short thread about it
January 2, 2025 at 4:56 PM
Hi, #EconSky! I’m Anderson, a 6th year PhD candidate at the University of Virginia. For those going to ASSA this week, I’ll be presenting my job market paper, The Effects of Privacy Regulation on the Supply of Stolen Data, during the CSMGEP session tomorrow at 8AM. Here’s a short thread about it
Reposted by Nate Miller
Excited to share results from a 4-year first-ever RCT across US jails. We (Crystal Yang & I) find that death rates are much higher in jails than officially reported & health care accreditation improves staff coordination, quality & save lives.
www.nber.org/papers/w33357
www.nber.org/papers/w33357
The Hidden Health Care Crisis Behind Bars: A Randomized Trial to Accredit U.S. Jails
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
www.nber.org
January 13, 2025 at 1:37 PM
Excited to share results from a 4-year first-ever RCT across US jails. We (Crystal Yang & I) find that death rates are much higher in jails than officially reported & health care accreditation improves staff coordination, quality & save lives.
www.nber.org/papers/w33357
www.nber.org/papers/w33357
Reposted by Nate Miller
Nate’s article is well worth reading. For a comment on it by @proffionasm.bsky.social and me about why we still think market power increased for decades in part because of insufficient antitrust enforcement, see www.promarket.org/2024/10/01/m...
Market Power Has Grown and Antitrust Needs Strengthening, Despite What Shapiro & Yurukoglu and Miller Suggest - ProMarket
Jonathan B. Baker and Fiona Scott Morton challenge the interpretations of two new papers from Carl Shapiro & Ali Yurukoglu and Nathan Miller, which question economy-wide trends toward a rise in market...
www.promarket.org
January 5, 2025 at 12:27 PM
Nate’s article is well worth reading. For a comment on it by @proffionasm.bsky.social and me about why we still think market power increased for decades in part because of insufficient antitrust enforcement, see www.promarket.org/2024/10/01/m...
Reposted by Nate Miller
My take on the Draghi report on competitiveness below. No conflict with competition at all - competition supports innovation, resilience, and healthy industrial policy. www.bruegel.org/first-glance...
The Draghi report and competition policy
The long-awaited Draghi report is a boost to robust competition enforcement
www.bruegel.org
September 12, 2024 at 1:23 AM
My take on the Draghi report on competitiveness below. No conflict with competition at all - competition supports innovation, resilience, and healthy industrial policy. www.bruegel.org/first-glance...