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Michael B Wong Profile picture
Michael B Wong
@mbwong
Economist. Assistant prof @HKUFBE. Interested in the structure of labor, money, and housing markets. PhD ‘22 @MITEcon. 🇭🇰
Oct 27, 2021 • 22 tweets • 7 min read
New working paper! “The Power of Money: Lessons from Introducing Digital Currency to a Barter Community” economics.mit.edu/files/22266 #EconTwitter #crypto #barter #bunz 🧵 Contribution: I use unique transaction-level data to document the effects of introducing digital money, a monetary expansion, and a currency crisis on transaction activity in a barter community in Toronto.
Oct 25, 2021 • 15 tweets • 5 min read
My JMP is now posted: “Labor Market Consequences of Domestic Outsourcing: Evidence from Legalization in Brazil” economics.mit.edu/files/22108

Coauthored with my excellent classmate Mayara Felix. #EconTwitter #EconJobMarket 🧵 Image Our contribution: While prior work uses *firm-level* variation to measure the effect of outsourcing on wages, we use *market-level* variation from Brazil's 1993 outsourcing legalization to assess the aggregate effects of outsourcing on wages, employment, and welfare.