Best of #econtwitter - Week of April 3, 2022 [3/3]

Welcome readers old and new to this week’s edition of Best of Econtwitter. Thanks to those sharing suggestions, over email or on Twitter @just_economics.

This is part three of three. Part one is here; part two is here.

Paper summary threads

Anna Stansbury@annastansbury

**How socioeconomically diverse is the economics profession?** New @PIIE working paper by @SchultzzyRun & myself, building on some stats I showed in an (unexpectedly viral!) Twitter thread in November. 10 Key Facts - and some discussion - below:

piie.com

Socioeconomic diversity of economics PhDs

1:52 PM · Mar 29, 2022

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551 Reposts · 1.41K Likes

^lots of (US) graphs; lots of discussion in the replies/QTs

Stephanie Sezen@stelifanie

This thread revealed the glaring inequality in the economics profession. I thought it would be useful to contextualize these findings as a first gen, female, low-income background student. 🧵 below

Anna Stansbury @annastansbury

**How socioeconomically diverse is the economics profession?** New @PIIE working paper by @SchultzzyRun & myself, building on some stats I showed in an (unexpectedly viral!) Twitter thread in November. 10 Key Facts - and some discussion - below: https://t.co/TF9P7ReGbA

4:33 PM · Mar 29, 2022

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60 Reposts · 344 Likes

andrea m 0 r 0@andreamoro

... it also means if Econ had graduated 15 more URMs per year, Econ would have been right on par with Humanities. Fifteen in the whole country! With 23 more, we would be in the middle of the pack next to Communication. Hard to believe this cannot be accomplished!

11:14 AM · Apr 1, 2022

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3 Reposts · 2 Likes

Florian Ederer@florianederer

Encouraging the designation of a team leader dramatically raises the probability that groups escape from an escape room. #NBEROrgEcon I've rarely seen a more convincing first figure in a paper. conference.nber.org/conf_papers/f1…

3:23 PM · Apr 1, 2022

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58 Reposts · 341 Likes

Ivan Werning 🇺🇦 🌻@IvanWerning

What is going on with the Ruble🇷🇺? Should it depreciate or appreciate? I think there are forces both ways and that could possibly explain why it has moved around and recovered. A thread about this little note with my genius friend @guido_lorenzoni 🧵 drive.google.com/file/d/1tYLKQR…

8:21 PM · Mar 31, 2022

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67 Reposts · 228 Likes

Sylvain Chabé-Ferret@SylvainCF

I’ve finally finished the first draft of the chapter on DID estimators, including all the recent developments around staggered DID designs, for my online book « Statistical Tools of Causal Inference »: chabefer.github.io/STCI/NE.html#d… A thread on what’s inside 👇🧵

chabefer.github.io

Chapter 4 Natural Experiments | Statistical Tools for Causal Inference

9:35 AM · Mar 31, 2022

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143 Reposts · 697 Likes

Ethan Mollick@emollick

Don’t skip classes!! “...Class attendance [is] a better predictor of college grades than any other known predictor of academic performance, including scores on standardized admissions tests such as the SAT, high school GPA, study habits & study skills” fyp.utk.edu/wp-content/upl…

8:22 PM · Mar 28, 2022

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213 Reposts · 924 Likes

^might have to throw a bad correlational tweet implying causation into the newsletter each week, just to keep you on your toes

Aurelie Ouss@AurelieOuss

First, the authors show that in general, crimes where the alleged perpetrator is an immigrant are more likely to be picked up by the media. This media bias increased sharply in the weeks leading to the referendum (2/3).

3:31 PM · Mar 28, 2022

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1 Like

Ingar Haaland@Ingar30

1/ New paper alert: People often say they want the most accurate news possible, but in practice, they often consume ideologically aligned news. Why?

1:10 PM · Apr 1, 2022

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39 Reposts · 175 Likes

More: NLP Romer-Romer shocks; novelty; behavioral science hypervigilance; monetary policy with endogenous growth; heterogeneous agents and stimulus checks; social media and well-being correlations

Interesting discussions

Peter Ganong@p_ganong

Someone asked me a great question that I struggled to answer. What are examples of times where a quantitative prediction of an economic model is (a) counter-intuitive (at least to non econs, maybe to econs too) and (b) correct (and verified with data)

2:45 PM · Mar 31, 2022

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29 Reposts · 219 Likes

anthonyleezhang.eth@AnthonyLeeZhang

Many academics think an issue with ref reports is that they're one-sided, not a conversation. If refs don't like a paper, they write a report and reject, and the authors can't respond Here's a proposed solution: replace ref reports with a short DM chat session with referees

2:49 AM · Apr 1, 2022

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21 Likes

Peter Hull@instrumenthull

at some point someone needs to write the "How Much Should We Trust Mendelian Randomization" paper

3:57 PM · Apr 3, 2022

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3 Reposts · 77 Likes

Jennifer Doleac@jenniferdoleac

A reflection: Two of the best conferences I've been to (both non-academic) randomized lunch/dinner seating -- basically handing out cards with table numbers as guests entered the venue. Very easy to do. /1

4:07 PM · Apr 3, 2022

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30 Reposts · 366 Likes

Analisa Packham@analisapackham

Hey Academic Tweeps, help me out-- What are some ways in which deans can support faculty?

4:00 PM · Mar 30, 2022

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7 Reposts · 32 Likes