Pedro Llanos-Paredes ☀️
@pmllanos.bsky.social
Economic Geographer at Oxford. Formerly at LSE. Interested in Emerging Technologies and Industrial Policy.
Reposted by Pedro Llanos-Paredes ☀️
Look at how physicians diagnose more children with ADHD on Halloween (the red line in the middle of the figure).
The authors hypothesize that docs are more likely to diagnose kids on this day simply because kids are excited for Halloween.
Fascinating!
www.nber.org/papers/w33232
The authors hypothesize that docs are more likely to diagnose kids on this day simply because kids are excited for Halloween.
Fascinating!
www.nber.org/papers/w33232
December 9, 2024 at 2:58 PM
Look at how physicians diagnose more children with ADHD on Halloween (the red line in the middle of the figure).
The authors hypothesize that docs are more likely to diagnose kids on this day simply because kids are excited for Halloween.
Fascinating!
www.nber.org/papers/w33232
The authors hypothesize that docs are more likely to diagnose kids on this day simply because kids are excited for Halloween.
Fascinating!
www.nber.org/papers/w33232
Reposted by Pedro Llanos-Paredes ☀️
When academics regularly express their political opinions online, it under undercuts their credibility with the public.
warwick.ac.uk/fac/soc/econ...
warwick.ac.uk/fac/soc/econ...
December 6, 2024 at 4:36 PM
When academics regularly express their political opinions online, it under undercuts their credibility with the public.
warwick.ac.uk/fac/soc/econ...
warwick.ac.uk/fac/soc/econ...
Reposted by Pedro Llanos-Paredes ☀️
Sometimes the combination of arrogance and ignorance is breathtaking. Yes, US health care has high admin costs; that's because it relies so much on private insurers. Govt-run health insurance has much lower overhead
December 6, 2024 at 11:49 AM
Sometimes the combination of arrogance and ignorance is breathtaking. Yes, US health care has high admin costs; that's because it relies so much on private insurers. Govt-run health insurance has much lower overhead
Reposted by Pedro Llanos-Paredes ☀️
Madrid tripled the length of its metro system in just 12 years, faster and cheaper than almost any other city in the world.
Left: in 1994
Right: after 2007
Cost per mile: £64–91 million
(around 7x cheaper than London's Jubilee & Northern line expansions & 14x cheaper than Toronto's Ontario line)
Left: in 1994
Right: after 2007
Cost per mile: £64–91 million
(around 7x cheaper than London's Jubilee & Northern line expansions & 14x cheaper than Toronto's Ontario line)
December 6, 2024 at 1:23 PM
Madrid tripled the length of its metro system in just 12 years, faster and cheaper than almost any other city in the world.
Left: in 1994
Right: after 2007
Cost per mile: £64–91 million
(around 7x cheaper than London's Jubilee & Northern line expansions & 14x cheaper than Toronto's Ontario line)
Left: in 1994
Right: after 2007
Cost per mile: £64–91 million
(around 7x cheaper than London's Jubilee & Northern line expansions & 14x cheaper than Toronto's Ontario line)
Reposted by Pedro Llanos-Paredes ☀️
By that measure, the US is a "monopolist" on advanced chips, and cut off supply first. Which has only led China to double down on developing an independent chips supply chain in ways they never intended to, undercutting US leverage. Nobody is winning here.
China cutting off / restricting export of rare minerals to the US, reports @dhpierson.bsky.social.
This is being cast as a response to Monday's announcement by the Biden admin of chips export curbs, but more generally is an outcome made possible by monopoly power.
www.nytimes.com/2024/12/03/w...
This is being cast as a response to Monday's announcement by the Biden admin of chips export curbs, but more generally is an outcome made possible by monopoly power.
www.nytimes.com/2024/12/03/w...
China Announces a Ban on Rare Minerals to the U.S.
The move comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.
www.nytimes.com
December 3, 2024 at 3:42 PM
By that measure, the US is a "monopolist" on advanced chips, and cut off supply first. Which has only led China to double down on developing an independent chips supply chain in ways they never intended to, undercutting US leverage. Nobody is winning here.
Reposted by Pedro Llanos-Paredes ☀️
Carbon market folks have been banging this drum for a while. Mr Goverment Efficiency got rich from…government
Tesla made 1.79 billion from selling credits under California’s zero emissions vehicle policy in 2023, more than 9 billion since 2009.
www.ttnews.com/articles/tes...
www.ttnews.com/articles/tes...
Tesla Rakes In Billions From Selling Regulatory Credits | Transport Topics
Tesla continues to cash in on other carmakers needing help to meet emissions standards, keeping up a lucrative business the company thought would fade away: selling regulatory credits.
www.ttnews.com
November 15, 2024 at 2:23 AM
Carbon market folks have been banging this drum for a while. Mr Goverment Efficiency got rich from…government
Reposted by Pedro Llanos-Paredes ☀️
New paper shows that recent $15+ minimum wage hikes have no disemployment effects.
static1.squarespace.com/static/5e0fd...
static1.squarespace.com/static/5e0fd...
November 30, 2024 at 1:29 AM
New paper shows that recent $15+ minimum wage hikes have no disemployment effects.
static1.squarespace.com/static/5e0fd...
static1.squarespace.com/static/5e0fd...
Reposted by Pedro Llanos-Paredes ☀️
I wrote a policy piece for the EconPol Forum, together with Rick van der Ploeg and Tony Venables. We argue that decisive 'big push' green industrial policy is needed to convince firms & households that, without a doubt, the green transition is going to happen. 1/N
“Big Push” Green Industrial Policy
Carbon pricing is a central part of climate policy, but is politically difficult while the economy is still reliant on fossil fuels
The long-lived green investments required to break the carbon lock-...
www.cesifo.org
November 23, 2023 at 10:05 AM
I wrote a policy piece for the EconPol Forum, together with Rick van der Ploeg and Tony Venables. We argue that decisive 'big push' green industrial policy is needed to convince firms & households that, without a doubt, the green transition is going to happen. 1/N
Reposted by Pedro Llanos-Paredes ☀️
1/ 📢 How Manufacturing Interests Dominated the German Response to the Energy Crisis
Check out our new article with Anke Hassel and Martin Höpner, now open access in Politics and Society!
🔗 doi.org/10.1177/0032...
Check out our new article with Anke Hassel and Martin Höpner, now open access in Politics and Society!
🔗 doi.org/10.1177/0032...
November 27, 2024 at 8:33 AM
1/ 📢 How Manufacturing Interests Dominated the German Response to the Energy Crisis
Check out our new article with Anke Hassel and Martin Höpner, now open access in Politics and Society!
🔗 doi.org/10.1177/0032...
Check out our new article with Anke Hassel and Martin Höpner, now open access in Politics and Society!
🔗 doi.org/10.1177/0032...
Reposted by Pedro Llanos-Paredes ☀️
New working paper! How Business Income Measures Affect Income Inequality and the Tax Burden, with Aaberge, Francesconi and Vestad. Using Norwegian administrative data, we show that income inequality is much higher than commonly measured. Measurement matters! www.iza.org/publications...
November 26, 2024 at 9:10 AM
New working paper! How Business Income Measures Affect Income Inequality and the Tax Burden, with Aaberge, Francesconi and Vestad. Using Norwegian administrative data, we show that income inequality is much higher than commonly measured. Measurement matters! www.iza.org/publications...
Reposted by Pedro Llanos-Paredes ☀️
If you are interested in learning more about minimum wages, Attila Lindner and I have a new, up-to-date review of the topic, coming out in the Handbook of Labor Economics.
Here's the @nberpubs working paper. Link: nber.org/papers/w32878
Here's the @nberpubs working paper. Link: nber.org/papers/w32878
September 16, 2024 at 12:24 PM
If you are interested in learning more about minimum wages, Attila Lindner and I have a new, up-to-date review of the topic, coming out in the Handbook of Labor Economics.
Here's the @nberpubs working paper. Link: nber.org/papers/w32878
Here's the @nberpubs working paper. Link: nber.org/papers/w32878
Reposted by Pedro Llanos-Paredes ☀️
Germany’s relative success over the past 20 years is based on squeezing its workers to boost competitiveness and importing demand from other countries (whilst whining about their inevitable deficits)
November 24, 2024 at 9:07 AM
Germany’s relative success over the past 20 years is based on squeezing its workers to boost competitiveness and importing demand from other countries (whilst whining about their inevitable deficits)
Reposted by Pedro Llanos-Paredes ☀️
Good to see the Times picking up on a theme some of us have been hammering for a while: Trump's tariffs, and especially an opaque exemption process, will be an engine of massive crony capitalism 1/ www.nytimes.com/2024/11/23/u...
Trump’s Trade Agenda Could Benefit Friends and Punish Rivals
Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.
www.nytimes.com
November 23, 2024 at 1:21 PM
Good to see the Times picking up on a theme some of us have been hammering for a while: Trump's tariffs, and especially an opaque exemption process, will be an engine of massive crony capitalism 1/ www.nytimes.com/2024/11/23/u...
Reposted by Pedro Llanos-Paredes ☀️
Now that "scale is all we need" has predictably faltered...
1. Small AI models often perform better in context.
2. Obsession w bigness has bad consequences, from climate, to power concentration, to research capture.
Me + @gaelvaroquaux.bsky.social @sashamtl.bsky.social
arxiv.org/abs/2409.14160
1. Small AI models often perform better in context.
2. Obsession w bigness has bad consequences, from climate, to power concentration, to research capture.
Me + @gaelvaroquaux.bsky.social @sashamtl.bsky.social
arxiv.org/abs/2409.14160
Hype, Sustainability, and the Price of the Bigger-is-Better Paradigm in AI
With the growing attention and investment in recent AI approaches such as large language models, the narrative that the larger the AI system the more valuable, powerful and interesting it is is increa...
arxiv.org
November 17, 2024 at 11:16 AM
Now that "scale is all we need" has predictably faltered...
1. Small AI models often perform better in context.
2. Obsession w bigness has bad consequences, from climate, to power concentration, to research capture.
Me + @gaelvaroquaux.bsky.social @sashamtl.bsky.social
arxiv.org/abs/2409.14160
1. Small AI models often perform better in context.
2. Obsession w bigness has bad consequences, from climate, to power concentration, to research capture.
Me + @gaelvaroquaux.bsky.social @sashamtl.bsky.social
arxiv.org/abs/2409.14160