Episode 55 (Job Market Edition): Martin Schmitz on Communication Costs and Innovation

Martin Schmitz is a PhD student and Job Market candidate at Vanderbilt University

The paper discussed in this episode is “A Penny for your Thoughts", by Walker Hanlon, Stephan Heblich, and Ferdinando Monte, and Martin Schmitz.

Other papers mentioned in this episode are:

Biasi, B., & Moser, P. (2021). Effects of copyrights on science: Evidence from the WWII book republication program. American Economic Journal: Microeconomics, 13(4), 218-60.

Donaldson, D., & Hornbeck, R. (2016). Railroads and American economic growth: A “market access” approach. The Quarterly Journal of Economics, 131(2), 799-858.

Iaria, A., Schwarz, C., & Waldinger, F. (2018). Frontier knowledge and scientific production: evidence from the collapse of international science. The Quarterly Journal of Economics, 133(2), 927-991.

Steinwender, C. (2018). Real effects of information frictions: When the states and the kingdom became united. American Economic Review, 108(3), 657-96.