Gilbert Metcalf

@GibMetcalf

John DiBiaggio Chair of Citizenship and Public Service, Prof. of Economics, . Fmr. Deputy Assistant Secretary, Energy & Environment

Medford, MA
works.bepress.com/gilbert_metcal…
Joined January 2013
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  1. Dec 16

    Such a shame. CIDE is a top notch institution with excellent faculty. I have enjoyed my visits there over the years immensely.

    worth reading - A top university in Mexico becomes a battleground over academic freedom
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  2. Retweeted
    Dec 15

    LISTEN: In this podcast, energy economist argues for pragmatic U.S. climate policies that will withstand political divisions. With

    4 retweets 6 likes
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  3. Dec 15

    Americans, not American.

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  4. Dec 15

    It is alarming to see the complacency about the attempted coup (there’s really no other word for an unlawful effort to overturn an election) on the part of Trump and his allies. Even more alarming is that it is ongoing. When will American wake up?

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  5. Retweeted
    Dec 14

    Much, much better.

    Fixed it!
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  6. Dec 13

    Lucas makes an important point that pretty much all economists (or at least energy economists) already knew. But what likely drives all the headlines is the abrupt change in prices and the resulting uncertainty and anxiety for households. It's not rational but it's real.

    Are U.S. Heating Fuels Becoming Unaffordable?
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  7. Dec 13

    Here's a hiccup for the Biden EV plan. Automakers in the US have a history of cross border production. US production related tariffs threaten to undo an historic partnership.

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  8. Retweeted
    Dec 1

    My JMP, co-authored with , explains low impacts of microfinance in developing countries in the presence of credit & labor market frictions using structural modelling on data from existing RCTs. My JMP and other research can be found here:

    Girija Bahety JMP: "Microfinance, Microentrepreneurship and Misallocation" Website:
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  9. Retweeted
    Dec 1

    I want to tell you about one of the great candidates on the market from the Econ and Public Policy PhD program ! has research interests in development econ & applied microeconomics w/ a focus on digital tech, financial inclusion, and entrepreneurship

    1 reply 9 retweets 33 likes
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  10. Nov 24

    Siri - define chutzpah.

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  11. Nov 23

    This is really important and worth reading. We are in frightening times.

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  12. Nov 23

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  13. Nov 23

    The SPR release is selling oil when prices are high. If oil is bought back in the future at lower prices, then this is a win for the federal budget and taxpayers. This may be the best argument for the release right now. 7/7

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  14. Nov 23

    But the SR matters politically. An SPR release shows that Biden is doing something. Important political optics. But there is an upside beyond the optics. 6/7

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  15. Nov 23

    Maybe OPEC doesn’t reduce supply but other countries don’t join the SPR release. Now gas prices fall by at most 8 cents a gallon. And this is just a SR response. In the LR, the impact of the SPR release will be imperceptible. 5/7

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  16. Nov 23

    Now the realistic scenario: OPEC reduces supply as US SPR releases oil. No change in global supply or price. 4/7

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  17. Nov 23

    In the short run (SR), that could reduce oil prices by 8 percent for realistic price elasticities. Gasoline prices fall by about half that given the non-oil components of gas prices. At $4.00 a gallon, that lowers the price (temporarily) by 16 cents a gallon. 3/7

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  18. Nov 23

    First, the optimistic scenario. Let’s say the US decision is matched by other countries so we have a 100 million barrel release over 4 months. That’s a release of 0.8 million barrels per day or 0.8% increase in global supply. 2/7

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  19. Nov 23

    Will the release make a difference? Not really. In the short run, it might lower prices briefly. But even that is questionable. But politically, it’s helpful and it will be good for the federal budget. Let’s unpack this a bit. 1/7

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  20. Nov 21

    Such an important point that has been obfuscated far too long.

    Proud to post a letter that and I wrote to the noting that the US is a low tax country, even if BBB is signed into law.
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