Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere Profile picture
Prof of Econ at @warwickecon and @unibonn. Visiting Prof @GRI_LSE. Fellow @STICERD_LSE. ERC STG. CEPR @cepr_org & Associate Editor @EJ_RES.
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Jun 3, 2023 4 tweets 2 min read
I wish "the media", here @guardian would learn to properly cite. This would make it MUCH easier to actually detect when media outlets are referring to research output. The link to the "one study" is here: academic.oup.com/ej/article/132… Image Why does this matter? It is just poor journalistic practice to not attribute sources. But it also makes it hard for researchers to showcase that their research is part of the public discourse, which is not irrelevant when it comes to attracting research funds. I understand...
Jun 3, 2023 5 tweets 2 min read
So, yes this does NOT go away as expected. A proper COVID-19 inquiry will look at ALL cock-ups, not just the ones directly due to specific policy choices. I think I understand WHY there was a need to stabilize hospitality sector... but theguardian.com/business/2023/… EOTHO was a stupid way of doing so. Here is the original thread from October 2020 where I explained what the paper is doing. Of course, I got attacked by lobbyists and special interest groups. It was not pleasant ...
May 4, 2023 11 tweets 8 min read
Today, in England, millions of voters make a choice in their #LocalElections2023. It’s a good time to share some new research that is related to two policy issues that will have touched many people over the last year: the #energycrisis & #crime.
📰 buff.ly/3Vys0w7
🧵⬇️ Image In a nutshell, the paper shows that much of the widely reported surge in burglaries & anti-social behaviour could have been avoided, had the government provided more targeted energy price subsidies or had UK invested more in making homes more energy efficient. Last summer, ... ImageImageImageImage
Mar 4, 2023 29 tweets 15 min read
Let me take you through the journey of writing this research paper that documents that #EatOutToHelpOut was causing more #COVID19 infections at a time when a vaccine was in sight.

I usually dont do this because as an academic, the politics should be "irrelevant" to me. The timing of all of this #whatsappleak is dubious. My interpretation as a "citizen" (in quotes because of #Brexit I cant become British without giving up my German nationality), is that this is an attempt to attack PM Sunak who found a #Brexit compromise
Mar 4, 2023 7 tweets 7 min read
And yes... Eat-out-to-help-out was being defended. But on what grounds? What was the welfare analysis behind it? Who were the experts consulted? What was their incentive structure? I must admit, I did feel attacked for doing what I think I should as an academic: research. #EOTHO @jdportes @peterjukes @BylineTimes @guardian In all of this we have to question why this stuff is coming out now. I am just observing but it does seem to me the WhatsApp messages are being used to dismantle the competition and the EOTHO story is being "buried" with Johnsons' party stories dominating. Its super interesting
Nov 16, 2022 15 tweets 10 min read
After 5 months of intense work the @FT published this piece that involved a ton of hands-on work. Check it out ➡️ ig.ft.com/uk-energy-effi…. It looks sleek but I do want to raise a few further points that I think could be discussed differently
#EnergyCrisis #EnergyBills #energy ImageImageImage Point 1: We provided bill estimates under multiple price scenarios. Treating the #EnergyPriceGuarantee as the "price" I find problematic. The EPG implies a #EnergySubsidy benefitting mostly the well off that we all need to fund through #austerity and/or higher #taxation. So this
Oct 17, 2022 11 tweets 5 min read
So, @Jeremy_Hunt now did a full and welcome u-turn on the #minibudget2022. And they are starting to tackle another policy that needs fixing, the #EnergyPriceguarantee #EPG. Why should this happen? This is a story that can ultimately be summarised in these two pictures.... 1/.. On the left, we have a classic end-terrace house. On the right, well, you have a mansion. The big difference: energy consumption. The left needs around 15,000 kWh per year, the right one, at least 70,000 kWh. How does this compare to the average UK household? Well: 2/..
Sep 27, 2022 8 tweets 4 min read
I start sounding like a broken record. The issue of UK is not primarily due to a high level of taxation but due to poor use of public money & the poor quality public goods bought in return. I have documented this across numerous pieces of careful research... here is a short 🧵⬇️ Exhibit 1: Most of austerity was a drag on growth. In "Did #Austerity Cause #Brexit?" I show that austerity itself was contractionary and the tax that could have been collected on higher incomes without austerity would have easily saved as much as austerity was projected to save.
Jan 25, 2022 19 tweets 15 min read
Does #COVID19 crowd out care for non COVID patients in the #NHS? Has this led to a loss of lives? Are the numbers negligible? The short answers are: yes, yes & no!
Paper ➡️ bit.ly/33XMyHB & a long🧵on how we capture non COVID19 excess deaths & much more ⬇️ 1/n Lets start with a headline result: we estimate that for every 30 #COVID deaths there is at least one avoidable non COVID excess death in 🏴󠁧󠁢󠁥󠁮󠁧󠁿 hospitals. To arrive at this we use cool #NHS data which makes for a great #EconTwitter #econometrics #DataScience teaching example. 2/n
Nov 15, 2021 13 tweets 9 min read
What is the epidemiological impact of a #falsenegative #COVID test? An important question in a high vaxx/low NPI context, but one that cannot be studied in a experiment for obvious reasons. Enter the UK, a reliable supplier of #naturalexperiments. 🧵⬇️
➡️bit.ly/3DhqQv5 Image On Oct 15, @UKHSA suspended an #Immensa lab, because of community reports of neg PCR tests following a pos lateral flow. There was loads of excellent reporting e.g. by @rowenamason @tomjs @JamieGrierson. NHS TT estimates that 43,000 individuals may have been given a .. 2/N ImageImage
Jun 23, 2021 12 tweets 11 min read
Today is the 5th year anniversary of the 2016 EU referendum vote in which the UK had narrowly voted to #Leave the European Union. Unlike Trump, the impact is permanent and already caused notable damage. Here is a 🧵 of 🧵 with some past work and deliberations on #Brexit... 1/... In one of the first papers we asked "Who voted for #Brexit?". The paper is a systematic correlational analysis of what is common to #Leave support across districts and within cities & we also show that a #Brexit model can predict LePen voting. Link: goo.gl/VzBo57 2/
Mar 9, 2021 5 tweets 4 min read
So I am going to report on some lack of progress about a #FOIA request we launched to @PHE_uk last Nov to make data available on the #Excel error that resulted in 15k #COVID19 cases to not be contact traced in a timely fashion (whatdotheyknow.com/request/region…). The response so far is ... quite underwhelming. In the paper we reverse engineer the geographic distribution of the missing cases which is far from perfect. We find that places with higher exposure to the contact tracing error saw a notable differential increase in infections and subsequent deaths.
Feb 28, 2021 16 tweets 7 min read
So @UKHofficial did have a look at my paper on #EOHO and #COVID19 - they have gone to some lengths to try to cast doubt about my research, the methods & results (see ukhospitality.org.uk/page/SafeReope…). So here are their point-by-point lines of attack on my work and my response. Thread 🧵⬇️ Point 1: Misunderstanding the research design and aggregate data fallacy 1/
Nov 24, 2020 15 tweets 10 min read
Timely #ContactTracing does matter fighting #COVID19. In a new paper (➡️ bit.ly/394Ebuo) we study a bizarre #Excel error in England that caused 16k cases to NOT be contact traced. We econometrically can link this blunder to ~ 120k new cases & 1.5k deaths...🧵⬇️1/N Studying non-pharmaceutical interventions to fight #COVID19 is HARD because we hardly ever isolate specific individual policies as often many measures are taken together (lockdowns, school closures, masks,...). For #ContractTracing we also have mostly correlational evidence...2/N
Oct 30, 2020 12 tweets 12 min read
Today I m sharing another paper on unintended consequences of a UK policy which makes me cringe at how my tax money is spent all the while debating #FreeSchoolMeals "Subsidizing the spread of COVID-19: Evidence from the UK’s #EOHO scheme". ➡️ bit.ly/3ed5Slo a thread🧵⬇️ The EOHO scheme was conceived to help the hard-hit restaurant businesses in the UK in the wake of 1st #COVID19 wave. The scheme cut the cost of meals & non-alcoholic drinks by up to 50% across tens of thousands of participating restaurants in the UK from 3 to 31 August 2020. 1...
Jul 16, 2020 10 tweets 9 min read
Happy to see my new paper "Measuring the Regional Economic Costs of #Brexit: Evidence up to 2019" feature in @FinancialTimes. For interactive map ➡️ brexitcost.org, the FT article ➡️ ft.com/content/90e988…, the paper ➡️ bit.ly/2C9BOIg a short summary ⬇️ 1... We use the synthetic control method previously used by @JohnSpringford @bornecon @MSchularick studying #Brexit-vote economic impact on the UK as a whole, just that we study regional economic output. The UK wide exercise is published in the @EJ_RES bit.ly/3j2zt2V 2...
Dec 8, 2019 17 tweets 10 min read
I want to share a new paper. Its relevant to #GE2019. The findings are quite exemplary of the misguidedness of much of economic & social policy under the #ConservativeParty. It should be a harbinger to wary voters: there is more of the same under the Tories & with #Brexit. 1/.. The short summary: the reform to housing benefit from 2011 onwards was intended to save the public purse hundreds of millions. But quite the reverse happened: not only did it create huge amounts of misery and agony, it also ended up not saving the public much money at all. 2/..
Nov 29, 2019 18 tweets 15 min read
So why I think the #GE2019 is really not done yet. A short thread. The summary: I think a hung parliament is still a very likely and a desirable outcome for the UK. I first present some evidence on the former, and then my view on the desirability on the latter. #Brexit 1. Most opinion polls now point to a #Cons maj, including yesterday's @YouGov MRP. MRP is great in the tool box, but still relies on raw polling data. Here, bit.ly/2q0iSFW, I argue here that YouGov samples for BES do appear structurally different and potentially biased
Oct 31, 2019 8 tweets 8 min read
On my way to Berlin for the launch of @ForumNewEconomy. I ll be talking about "Why #Brexit votes happen: An evaluation of the impact of #austerity".
Unfortuantely, there is much more I would like to say... but can't within 10 minutes. So here is what's missing out... In the run up to 2016 #EURef, the UK was actually slowly and gradually becoming more pro European if you believe 30 @EurobarometerEU studies since 2000.
Jun 17, 2019 9 tweets 5 min read
Super thrilled to announce that "Did #Austerity cause #brexit?" has just been accepted for publication at the @AEAjournals in the American Economic Review. Short thread on whole paper available here wrap.warwick.ac.uk/106313/... The paper traces the rapid rise of #UKIP after 2010, and the developing of anti-establishment and growing polarisation along key socio-economic divides over time.
Mar 27, 2019 13 tweets 9 min read
The #RevokeArticle50 #RevokeArticle50Petition is the petition that has seen broadest support of any parliamentary petition in UK's political history if I am not wrong. It is inconceivable that among the signatories there are only individuals who voted #Remain in 2016... Yet, most opinion polls still suggest only a small swing to #Remain. How can we make sense of this?