Best of #econtwitter - JMPs 2022 special edition, part three
If your thread (or your student’s, or your colleague’s) is missing below, submissions are as always extremely welcome.
Previously: 2022 JMPs part one, part two. Editions from prior years are here.
As written last year: Plausibly these JMP editions have the highest densities of good content of all the newsletters. These are presented in even less of a sense of any order than usual.
Job market papers
![Twitter avatar for @AlistairMacaul7](https://substackcdn.com/image/twitter_name/w_96/AlistairMacaul7.jpg)
Expectations of inflation/unemployment/etc feature heavily in policy (esp. this year).
But expectations aren't some universal variable that's the same for everyone – people disagree about macro variables all the time!
Should you care? My JMP shows you should!
#Econjobmarket
![Image](https://substackcdn.com/image/fetch/w_600,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fpbs.substack.com%2Fmedia%2FFhS4WegWQAA-CSe.png)
![Twitter avatar for @PaulineCarry](https://substackcdn.com/image/twitter_name/w_96/PaulineCarry.jpg)
Thank you so much @Schoefer_B for the great🧵 on my Job Market Paper!
I you are interested in working time regulations, gender inequality and labor reallocation, see below! ⬇️
![Twitter avatar for @Schoefer_B](https://substackcdn.com/image/twitter_name/w_40/Schoefer_B.jpg)
Benjamin Schoefer @Schoefer_B
![Twitter avatar for @Schoefer_B](https://substackcdn.com/image/twitter_name/w_96/Schoefer_B.jpg)
Who drives this effect? Who gains or loses?
Women -- who made up the lion's share of the part-time jobs pre-reform -- see their jobs and hours reduced most in the aggregate and at the firm level.
Pauline puts it best:
“Female workers were replaced by full-time male workers.”
![Image](https://substackcdn.com/image/fetch/w_600,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fpbs.substack.com%2Fmedia%2FFhNm2UOUAAAF6OM.jpg)
![Image](https://substackcdn.com/image/fetch/w_600,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fpbs.substack.com%2Fmedia%2FFhNnCxHUUAIhtyY.jpg)
![Image](https://substackcdn.com/image/fetch/w_600,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fpbs.substack.com%2Fmedia%2FFhNm-bqVsAAP_mq.jpg)
![Image](https://substackcdn.com/image/fetch/w_600,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fpbs.substack.com%2Fmedia%2FFhNnHMnVEAAGoj-.jpg)
![Twitter avatar for @amdietrich_econ](https://substackcdn.com/image/twitter_name/w_96/amdietrich_econ.jpg)
🚨What inflation measure (core or headline) should central banks target?🚨
A short 🧵on my job market paper!👇
![Image](https://substackcdn.com/image/fetch/w_600,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fpbs.substack.com%2Fmedia%2FFhiZLe5XoAAceKI.png)
![Twitter avatar for @I_Am_NickBloom](https://substackcdn.com/image/twitter_name/w_96/I_Am_NickBloom.jpg)
New paper on "Miss-Allocation" by Stanford Job Market candidate Rachel Schuh stanford.edu/~schuhr/
Massive US survey finds striking differences across genders in co-worker preferences. Women, particularly those aged 50+, display a strong preference for more female workplaces.
![Image](https://substackcdn.com/image/fetch/w_600,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fpbs.substack.com%2Fmedia%2FFhNZQ9PUUAIkuDP.png)
![Twitter avatar for @rlalive](https://substackcdn.com/image/twitter_name/w_96/rlalive.jpg)
#job #market #alert: @tob_lehmann is on the market this year with a JMP on "Non-Wage Job Values and Implications for Inequality" (Reject & Resubmit at Econometrica) deals with a super important topic [1/6]
![](https://substackcdn.com/image/fetch/w_600,h_314,c_fill,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe89b33fb-2e36-4b80-8a45-96e7d423a951_1142x1226.jpeg)
![Twitter avatar for @MGrindaker](https://substackcdn.com/image/twitter_name/w_96/MGrindaker.jpg)
I combine variation from a kink in the Norwegian UI schedule with predicted unemployment risk for Norwegian workers to study these effects. I find a clear reduction in job mobility:
![Image](https://substackcdn.com/image/fetch/w_600,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fpbs.substack.com%2Fmedia%2FFg9irCqX0AAQ_kC.jpg)
![Twitter avatar for @mgahng](https://substackcdn.com/image/twitter_name/w_96/mgahng.jpg)
My JMP shows that venture capital-backed companies strategically bunch at a $1B valuation to impress employees who interpret unicorn status (private companies with a valuation of $1 billion or higher) as a signal of higher compensation.
![Image](https://substackcdn.com/image/fetch/w_600,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fpbs.substack.com%2Fmedia%2FFgkFAOoXgAEu9f5.jpg)
![Twitter avatar for @I_Am_NickBloom](https://substackcdn.com/image/twitter_name/w_96/I_Am_NickBloom.jpg)
Paper on minimum wages and outsourcing by Beatriz Pousada, Stanford Job Market Candidate web.stanford.edu/~bpousada/
Finds higher minimum wages
A) Increase outsourced workers earnings
B) Cut outsourced employment
Topical with #WFH increasing outsourcing and minimum wages spreading
![Image](https://substackcdn.com/image/fetch/w_600,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fpbs.substack.com%2Fmedia%2FFhIPuFOUcAEbw3p.jpg)
![Twitter avatar for @MangianteGiaco](https://substackcdn.com/image/twitter_name/w_96/MangianteGiaco.jpg)
🚨#JMP alert 🚨
"Demographic Trends and the Transmission of Monetary Policy"
You can download it here: github.com/mangianteg/Pap…
#EconTwitter #Econjobmarket #AcademicTwitter
A small🧵[1/5]
![Twitter avatar for @econ_jmp](https://substackcdn.com/image/twitter_name/w_40/econ_jmp.jpg)
Econ Job Market Helper @econ_jmp