Thanks for the support @woinactie.bsky.social
I and my colleagues deeply appreciate this.
www.linkedin.com/posts/arjen-...
17.12.2025 13:22
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Thanks for the support @woinactie.bsky.social
I and my colleagues deeply appreciate this.
www.linkedin.com/posts/arjen-...
No our department is healthy and actually makes money for the UU. Because of the internationalization in balance act.
Dutch track only which means some 25 to 35% less students, which probably means some 25 t 35% fewer FTEs
@utrechtuniversity.bsky.social just decided to shut down the English-taught BSc in Economics from 2029. The executive board did this entirely in secret, no faculty consultation. We found out after the deal was done. This will have massive consequences for jobs at the dept.
@woinactie.bsky.social
Ah yes you’re right. Well in a sense, better
You mean no majority in the eerste kamer?
Why not D66/CDA/VVD/Ja21?
Want to leave all this madness behind? We have 2 one way tickets!
Grab them before mid may!
www.uu.nl/en/organisat...
www.uu.nl/en/organisat...
While the likes of Reform, AfD and PVV claim we are in a never ending crisis
My department (Utrecht School of Economics in NL 🇳🇱) is hiring 2 full professors. One in Macro and one in Applied Microeconometrics (don't let the fancy title in the opening fool you).
I'm not on either committee, but happy to answer questions.
Links 👇. Deadlines in May.
EALE @eale-office.bsky.social is now on Bluesky. Let’s give it a warm welcome!
#EconSky 📉📈
Why the hunching? Have you tried a tablet plus pen?
The UniCredit Foundation (unicreditgroup.eu) has just launched new contests for research grants:
Still 2 weeks left to apply for this position!
#econsky
„Onverantwoord”. Burgemeester Floor Vermeulen van Wageningen (VVD) laat er geen twijfel over bestaan dat hij geen fan is van de voorgenomen bezuinigingen op onderwijs. „Ieder plan dat zorgt dat die bezuinigingen verminderd worden moet serieus genomen worden.”
Next week the Dutch parliament will vote to cut 2 billions on education and research.
Some Dutch economists write here that the economic case for these cuts is incomprehensible.
Of course they are right. These cuts are only understandable in the context of a vendetta.
fd.nl/opinie/15374...
My department at Utrecht University is hiring a Full Professor. We’re considering a wide range of profiles in applied economics with a focus on development & environmental. Application deadline is Dec 15. I’m happy to answer questions. Please share widely! www.uu.nl/en/organisat...
Introducing 2024-2025 Job Market Candidates of Tinbergen Institute!
All candidates & their personal websites can be viewed on
our website: tinbergen.nl/job-market-c...
![Robust Estimation of Private Business Wealth*
Job Market Paper
Simon J. Toussaint†
November 14, 2024
[Most recent version here]
Abstract
Estimating the market value of private businesses is essential for understanding both aggregate firm dynamics and top wealth
inequality, yet these values are inherently unobservable. This paper introduces an econometric approach that treats the gap
between true market values and initial estimates as measurement error. I employ time-series restrictions on these errors as
moment conditions within a GMM framework, and use the fitted values from these estimations as error-free estimates of
private business wealth and capital stocks. Applying this method to Dutch administrative data linking the universe of firms
to their owners, I find that aggregate private business wealth increases by 30% of GDP initially, and is more stable than the
unadjusted series. Top 1% and 0.1% wealth shares increase by 3–5 percentage points, peaking at 38% and 20%, respectively.
Adjusted returns to firm wealth exhibit a steeper gradient across the wealth distribution than unadjusted returns, consistent
with models of return heterogeneity.](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:wus4g34bpbzjefp547irpkeu/bafkreibg34g2k7zwmjqytkllrcxfsj5tnov22hdny74qz7ks5jwa5csbou)
Robust Estimation of Private Business Wealth* Job Market Paper Simon J. Toussaint† November 14, 2024 [Most recent version here] Abstract Estimating the market value of private businesses is essential for understanding both aggregate firm dynamics and top wealth inequality, yet these values are inherently unobservable. This paper introduces an econometric approach that treats the gap between true market values and initial estimates as measurement error. I employ time-series restrictions on these errors as moment conditions within a GMM framework, and use the fitted values from these estimations as error-free estimates of private business wealth and capital stocks. Applying this method to Dutch administrative data linking the universe of firms to their owners, I find that aggregate private business wealth increases by 30% of GDP initially, and is more stable than the unadjusted series. Top 1% and 0.1% wealth shares increase by 3–5 percentage points, peaking at 38% and 20%, respectively. Adjusted returns to firm wealth exhibit a steeper gradient across the wealth distribution than unadjusted returns, consistent with models of return heterogeneity.
📯 Job Market Paper Alert 📯
Private businesses make up 50% of sales & profits and are the main wealth component of the wealthiest households. So, what is their value? Well, that's difficult, since they're not listed: their value is unobservable by definition!
My #EconJMP tackles this problem 1/
Hi @khoavuumn.bsky.social , you might like my JMP thread? Thanks for all the great memes! bsky.app/profile/simo...
5 days left to apply!
Join our group in Berlin
🟩 quantitative macro with a focus on labor/gender/intergen mobility/growth
(if this is not you, check out other positions in @bseberlin.bsky.social)
🟦 3+3 year position
🟪 no teaching obligations and lots of support
Happy to answer any questions!
👋
(First) afterthought on the cancelling of our protest #WOinActie.
The reason the protest got cancelled was because of alleged threats by a pro-palestinian group that wanted to "hijack" the demonstration and was ready to use violence. >
I put together a quick starter pack of people working on migration economics! Check it out: go.bsky.app/39gHy57
Feel free to nominate yourself or others to add to the list!
#econsky, a methodological question: I need to create an indicator about workers' mental health, based on register data covering prescriptions, diagnoses and doctor contacts. Most of these items are right skewed, with excess zeros. What is a common/best way to do this?
#econ_ra
@inomics.bsky.social
Hi #econsky, my department is on the market for a full professor. The field is broadly applied with a focus on development/gender/migration/environmental.
Please help me spread this as widely as possible, and I’m happy to answer questions informally.
www.academictransfer.com/en/346598/fu...