Best of Econtwitter

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Best of #econtwitter - Week of August 2, 2020

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Best of #econtwitter - Week of August 2, 2020

An Economist
Aug 3, 2020
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Best of #econtwitter - Week of August 2, 2020

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Welcome to this week’s edition of the Best of Econtwitter. Recommendations always welcome over email or on Twitter @just_economics.

New papers

Twitter avatar for @4misceldah
David Hirshleifer @4misceldah
0/ I recently completed a series of threads about my AFA 2020 Presidential Address, “Social Transmission Bias in Economics and Finance.” It’s a call to arms for a new paradigm which I call “Social Economics and Finance.” This summary assembles the threads in order.
9:56 PM ∙ Jul 27, 2020
35Likes7Retweets
Twitter avatar for @laukarpuska
Laura Karpuska @laukarpuska
What type of spending rules can better overcome legislative inefficiencies? @mazzimon77, @gp_mihalache and I study two types of spending rules, one that makes it mandatory the provision of public goods and another that makes it mandatory the provision of private goods. (1/n)
9:08 PM ∙ Jul 30, 2020
18Likes2Retweets
Twitter avatar for @alex_stanczyk
Alexandra Stanczyk @alex_stanczyk
I find that households experience significant drops in income and rising needs in the months before and following a birth Also, public programs like the EITC, TANF, and SNAP help, but don’t fill the gap.
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3:21 PM ∙ Jul 31, 2020
41Likes10Retweets
Twitter avatar for @dominic_a_smith
Dominic A. Smith @dominic_a_smith
🚨New WP🚨 The Evolution of US Retail Concentration w/ @socampdi 🔗 bls.gov/osmr/research-… 🔹Mathematical relationship between national and local HHI 🔹National and Local HHI ⬆️ but for diff reasons 🔹New Census data on retail sales by product ('72-'07) 🧵👇 (1/12)
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10:34 AM ∙ Jul 28, 2020
65Likes27Retweets
Twitter avatar for @p_ganong
Peter Ganong @p_ganong
🚨 new working paper 🚨 “Why Do Borrowers Default on Mortgages? A New Method For Causal Attribution” with @pascaljnoel Two theories for why: 1) strategic 2) life events For 30 years, economists have been trying to answer this question nber.org/papers/w27585 \begin{thread}
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1:37 AM ∙ Jul 29, 2020
158Likes68Retweets
Twitter avatar for @ineshelmecon
Ines Helm @ineshelmecon
(Short) thread on our new working paper on "The dynamic response of municipal budgets to revenue shocks" (with Jan Stuhler). Link: bit.ly/2WQ3cm1 1/8
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2:10 PM ∙ Jul 31, 2020
25Likes5Retweets
Twitter avatar for @Rick__Hornbeck
Rick Hornbeck @Rick__Hornbeck
New paper of mine to share! Dust Bowl migrants were “negatively selected” and struggled economically, especially in California, but there were strikingly modest impacts of the Dust Bowl on average incomes in contrast to its enduring impacts on land.
tinyurl.comDBMigrants_Hornbeck_Aug2020.pdfShared with Dropbox
11:07 PM ∙ Aug 1, 2020
161Likes32Retweets
Twitter avatar for @maya_sen
Maya Sen @maya_sen
New working paper w/ @YamilRVelez & @MayyaKomis on the political consequences of WWII Japanese internment -- copy of paper here scholar.harvard.edu/files/msen/fil…
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7:06 PM ∙ Jul 24, 2020
220Likes70Retweets
Twitter avatar for @kevinrinz
Kevin Rinz @kevinrinz
The top 1% of physicians earn $3.9 million annually, more than 11x the average physician. 28% of physicians are in tax units that are in the top percentile of AGI, and another 24% are in the next percentile. Only about 13% are below the 90th percentile.
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3:06 PM ∙ Jul 28, 2020
11Likes4Retweets

^one week later, this paper is still making a lot of medical doctors angry

Paper summaries

Twitter avatar for @JonathanColmer
Jonathan Colmer @JonathanColmer
Very excited about our new paper out in @ScienceMagazine! "Disparities in PM2.5 air pollution in the United States” with @IanHHardman, @jayshimshack, & @john_voorheis! While there have been substantial reductions in PM2.5, meaningful disparities persist.
science.sciencemag.orgDisparities in PM2.5 air pollution in the United StatesParticulate air pollution in the contiguous United States has decreased considerably over recent decades, but where exactly has that progress been made? Colmer et al. analyzed 36 years of data and found that the spatial distribution of fine particulate matter concentrations has remained largely unch…
8:08 PM ∙ Jul 30, 2020
177Likes57Retweets
Twitter avatar for @TRamadorai
Tarun Ramadorai @TRamadorai
Very glad to see this paper forthcoming in the AER, six years since the first draft...(!) A short thread about the paper. 1/12
Twitter avatar for @AEAjournals
AEA Journals @AEAjournals
Forthcoming in the AER: "Sources of Inaction in Household Finance: Evidence from the Danish Mortgage Market" by Steffen Andersen, John Y. Campbell, Kasper Meisner Nielsen, and Tarun Ramadorai. https://t.co/BPPpBGi6o0
7:19 PM ∙ Jul 26, 2020
133Likes24Retweets
Twitter avatar for @DanieleGirardi_
Daniele Girardi @DanieleGirardi_
Our work on "demand-driven investment" is now published on ROKE. A short summary: The paper studies the effect of aggregate demand dynamics on the (private business) investment share of the economy. (1/6) elgaronline.com/view/journals/… ungated version: scholarworks.umass.edu/cgi/viewconten…
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1:35 PM ∙ Jul 28, 2020
69Likes12Retweets
Twitter avatar for @PossebomVitor
Vitor Possebom @PossebomVitor
💡Short Econometrics Thread💡Today, I will talk very briefly about a few recent papers expanding the synthetic control method (SCM). I will talk about three working papers: Abadie and L'Hour (2019), Grossi, Lattarulo, Mariani, Mattei and Oner (2020) and Cao and Dowd (2019).
11:34 PM ∙ Aug 2, 2020
28Likes10Retweets
Twitter avatar for @NakataTaisuke
Taisuke Nakata @NakataTaisuke
My paper, “A Promised Value Approach to Optimal Monetary Policy” (with T. Hills and T. Sunakawa), just got accepted for publication at the Oxford Business of Economics and Statistics. federalreserve.gov/econres/feds/f… 1/N
11:38 AM ∙ Jul 27, 2020
49Likes1Retweet

Announcements and public goods

Twitter avatar for @stroebel_econ
Johannes Stroebel @stroebel_econ
🚨Announcement: Online PhD-Level Class in Household Finance Open to all, please share widely. Theresa Kuchler and I have organized 5 half-day sessions on topics in empirical household finance, including presentations by many on #econtwitter. pages.stern.nyu.edu/~jstroebe/PDF/… (1/7)
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2:16 PM ∙ Jul 30, 2020
732Likes300Retweets
Twitter avatar for @kevinhorourke
Kevin Hjortshøj O'Rourke @kevinhorourke
Martin Ellison @NuCampEconomics, Sang Seok Lee & I have uploaded a large (monthly & quarterly) interwar dataset to a website hosted by @cepr_org & dedicated to data collected under an @ERC_Research grant. I'll be uploading more trade data in months to come
cepr.orgTrade DepressionThese pages host data collected under the auspices of the Trade Depression project, financed by the European Research Council. We gratefully acknowledge the financial assistance of the European
5:14 PM ∙ Jul 22, 2020
46Likes20Retweets

^summary of the source paper here

Twitter avatar for @irishowley
Iris Howley @irishowley
@khayeswilson Owlstown may also be a possible option here, though not sure about hosting PDFs: owlstown.com It's a website host specifically for academics. All done through a web editor.
owlstown.comOwlstown: the website builder for academicsBuild your academic website and keep it updated easily. Owlstown is designed for all academics, from students to professors to labs.
1:30 PM ∙ Aug 2, 2020
3Likes2Retweets

Good discussion in the replies

The topic of the week was mental health. Rather than include all various threads in their full entirety, here are a few links: [1], [2], [3], [4]

Separately:

Twitter avatar for @paulgp
Paul Goldsmith-Pinkham @paulgp
Now that this is finally officially out, I can give a very brief history of how this paper started -- in 2012. paulgp.github.io/papers/bartik_…
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2:32 PM ∙ Jul 28, 2020
844Likes132Retweets

^behind the curtain

Twitter avatar for @ashdgandhi
Ashvin Gandhi @ashdgandhi
OK, #EconTwitter. Here's my suggested programming camp syllabus. What's yours? Module 1: General Programming Advice Module 2: Theory of a Dataset Module 3: Analysis Module 4: Big Data and High Performance Module descriptions tweeted below. (1/5)
Twitter avatar for @ashdgandhi
Ashvin Gandhi @ashdgandhi
Students would probably be best served by replacing math camp with programming camp. https://t.co/srNmp0Gu2A
6:59 PM ∙ Jul 30, 2020
49Likes12Retweets
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Best of #econtwitter - Week of August 2, 2020

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