Fairly Recently: Must- and Should-Reads, and Writings... (May 1, 2019)

Emi Nakamura 2019 John Bates Clark Medal Winner

American Economic Association

This is so great! And so deserved! I have always thought that the principal benefit to beiong an economist at U.C. Berkeley is how incredibly lucky we all are with our colleagues. It's nice to see the world recognizing that: American Economic Association: 2019 John Bates Clark Medal: "Emi Nakamura is an empirical macroeconomist who has greatly increased our understanding of price-setting by firms and the effects of monetary and fiscal policies. Nakamura’s distinctive approach is notable for its creativity in suggesting new sources of data to address long-standing questions in macroeconomics. The datasets she uses are more disaggregated, or higher-frequency, or extending over a longer historical period, than the postwar, quarterly, aggregate time series that have been the basis for most prior work on these topics in empirical macroeconomics. Her work has required painstaking analysis of data sources not previously exploited, and at the same time displays a sophisticated understanding of the alternative theoretical models that the data can be used to distinguish...

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