Best of #econtwitter - JMPs 2022 special edition, part seven
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, part three, part four, part five, part six. 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
🧵🧪My coauthor Max Miller @mjmill611 has a great JMP
1⃣ Transitions from autocratic to democratic governments are periods of high risk-premia on stock markets.
Why? Established elites fear the redistribution that often follows a successful democratization
docs.google.com/viewer?url=htt…
1/Hi #EconTwitter – Let me tell you about my JMP “Rethinking College Financing: Wealth, College Majors, and Macroeconomic Consequences”.
This paper studies the macro consequences of college subsidies expansion by explicitly considering college majors in general equilibrium.
5/Empirical Finding #1: poorer students sort into STEM/Health/Education 💻🔢📐👩⚕️🧑🏫richer students sort into Business/Social Science/Arts/Humanities/Biology 💵👩💼👨💼🎨🎬
What are some common traits of STEM/Health/Educ compared to Bus/Social Sci.Arts/Hum./Bio? ⬇️
JMP thread time!
Air pollution is bad for health, even at low levels.
➡️How do pollution's effects on workers translate into costs for firms?
My job market paper is the first to provide country-level evidence on this question in a setting with moderate pollution. A🧵(1/11)
I construct a new dataset with administrative prison data combined with unique CBT participation data to identify the causal effects of CBT on recidivism
I find strong reductions in recidivism, especially with first-time offenders, who experience effects for up to three years.
When you heard that Hurricane Ian flooded a lot of houses that were built in the last 40 years, did you wonder if those houses should have been built in the first place?
Or did you guess that if so many people moved to Florida, the sunshine must be worth the flood risk?
🧵My co-author @VrindaMittal2 has a really nice jmp that finds 1⃣ that productivity-enhancing effects of private equity buyouts have reversed over the past decade. This reversal can be traced back to the rise of PE investments by underfunded public pension papers.ssrn.com/sol3/papers.cf…
How do we get new environmentally-friendly technologies into the hands of people?
One hypothesis is that social interactions with peers are essential: I provide causal estimates of peer effects on adopting electric vehicles (EV).
A 🧵 on my JMP (sebastiantebbe.github.io/files/YST_Pape…) [1/9]
The pandemic accelerated a shift towards direct giving on P2P platforms. I use a large, admin bank txn dataset of low-income workers to estimate that mean monthly P2P inflows increased $30 a month after job loss before returning to baseline over 10 months.
🚨🚨I'm on the Job Market! I'm primarily interested in international macroeconomics: identification of shocks, studying transmission channels and analyzing optimal policies in open economies. 🚨🚨
Let me tell you about my JMP: Borrowing Constraints in Emerging Markets: 1/🧵
Northwestern Economics @NUEconomics
Hi #EconTwitter, I am on the job market this year and below thread gives a summary of my paper.
Feel free to reach out with questions and comments! 🙂 https://t.co/0zkQqRJdbl
Institute for International Economic Studies @IIES_Sthlm
