Best of #econtwitter - JMPs 2022 special edition, part eleven
Dec 10, 2022
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, part seven, part eight, part nine, part ten. 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

Robert Metcalfe@RDMetcalfe
An extremely interesting JMP by Karim Fajury @USC_Econ karimfajury.com/home
Little causal evidence as to whether higher income reduces the propensity to engage in corruption.
Karim painstakingly gathers a novel dataset on vote buying and uses a RDD on cash transfer program.

6:04 PM · Dec 1, 2022
67 Reposts · 234 Likes

Stefanie Stantcheva@S_Stantcheva
What are people’s perceived costs of looking for a new job? Do these expectations predict on-the-job search behavior? My co-author and student Armando Miano @ArmMiano, on the market this year, explores these questions in his JMP: scholar.harvard.edu/amiano/research 1/9

2:39 AM · Dec 3, 2022
15 Reposts · 86 Likes

Xu Lu@_Xu_Lu
Thank you for the shoutout @HannoLustig! My JMP unveils the role of rebalancing demand in explaining stock returns after monetary shocks. Intuition: investors with allocation targets amplify the effect of short-lived monetary shocks on stock prices. Paper:xu-lu.net/_files/ugd/881…

Hanno Lustig @HannoLustig
Stanford GSB's @_Xu_Lu 's creative JMP explores implications of inelastic investor demand for monetary policy transmission.
Mechanism: investors who operate under a rebalancing mandate.
When the Fed increases rates and bond prices 📉, re-balancers sell stocks. stocks 📉 https://t.co/dVBcT8lLmz
2:49 AM · Dec 9, 2022
17 Reposts · 79 Likes

Francesco Amodeo@fr_amodeo
#EconTwitter
Check out this #JMP by Tyler Paul, a brilliant UCSD student on the Job Market 2022/23!
web: sites.google.com/view/tylerlpau…
Tyler studies how revised data on macro variables biases the estimation of prevailing tests of information frictions à la Coibion and Gorodnichenko

5:06 PM · Dec 7, 2022
2 Reposts · 8 Likes

Lulu Wang@luluywang
Thanks for the shoutout @shoshievass! I study competition b/t payment networks, like Visa/MC/Amex. I estimate a 2-sided model to study competition + regulations. I find entry ↑ merchant fees, ↑ rewards, ↓ welfare, also repealing Durbin ↑ welfare. luluywang.com

9:14 PM · Dec 8, 2022
10 Reposts · 71 Likes

Matt Clancy@mattsclancy
Next up; @AakashKalyani's job market paper develops a new way to identify patents closely tied to new actual inventions. He extracts technical terms from the text of patent documents; patents featuring a larger than normal share of new technical phrases he calls "creative"
4:03 PM · Dec 2, 2022
1 Repost · 1 Like

Matt Clancy@mattsclancy
So, creative patents are (more) legit. What's happening with them? Even as the annual number of patents has been on the rise, the number of them classified as creative has been on the decline (figure is in per capita terms)!

4:03 PM · Dec 2, 2022
1 Repost

Brian Jabarian@brian_jabarian
@alexoimas Thank you very much Alex!
#EconTwitter #EconJobMarket
🧵on my JMP "A Two-Ball Ellsberg Paradox: An Experiment" co-author w/ Ph.D. student Simon Lazarus
🚨 We provide new experimental evidence that people prefer dominated risky gambles over ambiguous ones


Alex Imas @alexoimas
Very cool job market paper showing that ambiguity aversion is unlikely to be driven by pessimism (eg maxmin preferences): people prefer risky act even when ambiguous act always yields larger probability of winning.
https://t.co/jsFyXVa9CA
2:52 PM · Dec 5, 2022
9 Reposts · 27 Likes

Stefanie Stantcheva@S_Stantcheva
My student @angieacquatella is on the market this year. In her JMP, she studies the role of health insurance for redistribution. What is the best design of health care safety net programs?
angieacquatella.com/research (1/8)
angieacquatella.com
Angie Acquatella - Research
2:39 AM · Dec 9, 2022
11 Reposts · 33 Likes

Hannah Zillessen@HannahZillessen
🚨 JMP Thread 🚨
Can uncertainty about their future lower migrants saving rates?
I explore the key role of citizenship prospects and certainty over future location in my JMP:
"Uncertainty, Citizenship & Migrant Saving Choices" (hannahzille.github.io/hannahzillesse…)
A 🧵1/7
hannahzille.github.io
6:44 PM · Nov 28, 2022
26 Reposts · 101 Likes

Yagan Hazard@HazardYagan
Thanks a lot @instrumenthull! Sounds like an good time to say a bit more about the paper (written with my amazing co-author @LoeweSimon!).
Peter already gave the perfect TL;DR version.
Now it's 🧵-time! ⤵️ (headaches free & short, I promise!)

Peter Hull @instrumenthull
Very interesting JMP from @HazardYagan on improving the precision of IV estimates by predicting and removing non-compliance!
https://t.co/TMGMLr9a5R https://t.co/bI86uLGUM3
6:08 PM · Dec 1, 2022
31 Reposts · 93 Likes

Matheus Silva@matheus_econ
In any of those cases, quantifying uncertainty is hard... Which is the starting point of my JMP. My main question is: Can I create prediction intervals that are robust to those issues?
9:49 PM · Dec 2, 2022
1 Like

Paul Bose@paulromanbose
🚨Job market paper Alert🚨
Excited to share my job market paper.
I study how trust in politicians affects German MPs' (members of parliament) concern with the provision of policies for the public good. When trust is low, politicians tend to reduce this concern. A 🧵

9:13 AM · Nov 19, 2022
3 Reposts · 12 Likes

Elio Nimier-David@ElioNimier
Does local access to higher education promote business dynamism? 👩🎓📚🏭
I provide answers in my #JMP “Local Human Capital and Firm Creation: Evidence from the Massification of Higher Education in France”.
🧵below!
#Econtwitter

1:36 PM · Dec 5, 2022
25 Reposts · 114 Likes

Ayman Shakeel@aymanshakeel95
👋 #Econtwitter #EconJobMarket @WelcomeEcon
I am an #EconJMC @UICEconomics. Let me share my #EconJMP!
Link: aymanshakeel.com
❓Do you think young (ES and MS) student evaluations and supervisor (principal) observations capture teacher quality?

12:55 AM · Dec 6, 2022
17 Reposts · 23 Likes

Emil Palikot@EmilPalikot
1/8 Excited to share a 🧵on my JMP! The paper is super new, so please check it out!🚨 Together w. @Susan_Athey & Dare IT we develop an online program for women transitioning to tech - it is effective (40% 📈 in prob. of tech jobs), scalable, and cheap to operate
#EconTwitter

4:20 PM · Dec 6, 2022
33 Reposts · 111 Likes

Kazuki Motohashi@EconKazuki
🚨 Job Market Paper #JMP Alert🚨
"Unintended Consequences of Sanitation: Negative Externalities on Water Quality and Health in India"
Can you guess what happened when India subsidized the construction of 100 million latrines (toilets)?🚽
A thread🧵#EconTwitter #EconJobMarket

10:31 PM · Nov 10, 2022
62 Reposts · 254 Likes

Garett Jones@GarettJones
Some countries try authoritarian development--loosely, "The China Model"--and fail completely. Why?
Marcel Gautreau's JMP sets out to answer that question for Syria.
In brief, market liberalization weakens the power of elites to rent-seek and to respond to regime threats.

1:15 PM · Dec 5, 2022
19 Reposts · 99 Likes

Pablo Soto-Mota@pi_sotomota
Hi #EconTwitter! 👋
I'm a behavioural economist at @TheChoiceLab 🇧🇻 &
🚨I'm in the #EconJobMarket.
Many people lie to their doctors because of image concerns.
What works (or not) to prevent this behaviour?
In my #JMP we implemented a field experiment to explore it!
🧵👇

11:26 AM · Dec 7, 2022
38 Reposts · 125 Likes

