Best of #econtwitter - Week of August 29, 2021 [2/2]
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 one of two, this week. Part one is here.
Paper summary threads
Robert Dur@DurRobert
Training policymakers in econometrics:
🔹increases their responsiveness to causal evidence
🔹increases their desire to run RCTs
Evidence from a field experiment with deputy ministers: users.nber.org/~dlchen/papers… by Sultan Mehmood @mrsultan713, Shaheen Naseer, and @Daniel_L_Chen
3:00 PM · Aug 22, 2021
175 Reposts · 505 Likes
Lionel Page@page_eco
The striking difference in the distribution of effect sizes between scientific studies:
- Without pre-registration (purple)
- With pre-registration (green)
👉Results tend to be smaller when researchers pre-commit to hypotheses and analyses
ht @dsquintana
frontiersin.org/articles/10.33…
1:50 PM · Aug 28, 2021
124 Reposts · 382 Likes
David Rothschild@DavMicRot
Way more people report watching FNC & MSNBC in past week than ever watch in a month, roughly as many report FNC most used station as ever watch in a month, but MSNBC more realistic reporting of most used 2/9
2:47 PM · Aug 23, 2021
3 Likes
Christian Wolf@ChristianKWolf
Just posted an updated version of my working paper on interest rate cuts & stimulus checks. Three main points on how I think about these two as macro stabilization tools.
scholar.princeton.edu/sites/default/…
7:34 PM · Aug 23, 2021
34 Reposts · 197 Likes
Ivan Werning@IvanWerning
New paper dropping today at Jackson Hole.
How should monetary policy react when the economy undergoes a process of reallocation?
Short thread and link to paper:
kansascityfed.org/documents/8322… 1/n
2:49 PM · Aug 27, 2021
170 Reposts · 689 Likes
David Weisstanner@DWeisstanner
Our regression analysis shows that the more working-class family ties individuals have, the stronger their support for redistribution. In fact, an upper-class individual with working-class partner & parents has similar preferences than an average working-class individual.
4/
11:30 AM · Aug 26, 2021
2 Reposts · 6 Likes
Joe Henrich@JoHenrich
Great paper by @DumanBRad, showing what happened when India made a law in 2005 requiring equal female inheritance: more parallel cousin marriage and less labor force participation (fig below). @DrNathanNunn @JF_Schulz. Fascinating implications for Islam&Christianity. @HarvardHEB
7:07 PM · Aug 28, 2021
50 Reposts · 160 Likes
More: welfare effects of labor income tax and married couples; graduating during a recession; county-level data on US elections; IO of innovation handbook chapter; German minimum wage; Clean Water Act and birthweight; product concentration and asset prices
Public goods
Christine Cai²@Christine_Cai27
🚨 I've created a list of public resources on applied metrics, coding, PhD-level class materials, tips on before/during/after grad school, with contributions from @TDeryugina, @ChloeEast2, @ColyElhai, @paulgp, @kritykrim, @AsjadNaqvi, @omzidar, et al.! ⤵️
christinecai.github.io/items/PublicGo…
christinecai.github.io
Public Goods
10:58 PM · Aug 23, 2021
224 Reposts · 746 Likes
Dan Quintana@dsquintana
SCITLDR is a demo of a tool that can summarize your paper abstract into a sentence scitldr.apps.allenai.org
This could be handy for writing paper titles and tweets, let’s take it for a spin…
7:44 AM · Aug 30, 2021
8 Reposts · 54 Likes
More: inflation database; JM mental health guide
Interesting discussions
Arpit Gupta@arpitrage
We love to believe there are many specialists who enjoy digging through our complex prose.
But consequence of turgid academic writing is we have moved away from text to communicate ideas to presentations. Now on Zoom; papers are rarely read except for final certification.
12:30 PM · Aug 25, 2021
3 Reposts · 63 Likes
Arpit Gupta@arpitrage
Effectively, our conventions on how to use the most powerful and informationally dense medium have gotten so bad that we have largely moved away from it to a much less efficient medium we actually understand.
Which we now struggle to use remotely!
12:32 PM · Aug 25, 2021
1 Repost · 18 Likes
^a counterpoint. And for the book industry, adjacent thread:
Chris Blattman@cblatts
How can we do this better as academics while maintaining the seriousness and carefulness of our work. Some people are skeptical this is possible. You have to oversimplify for a general audience too much.
Everything I’ve learned says that’s not true.
4:30 PM · Aug 27, 2021
2 Reposts · 27 Likes
Alex Imas@alexoimas
It would be great to get critique of behavioral economics from someone who knows some behavioral economics. Alas, today is not that day.
This article is so off-mark that it’s worth clarifying the misses in short 🧵 1/n
thebehavioralscientist.com/articles/the-d…
thebehavioralscientist.com
The death of behavioral economics - Jason Hreha
8:03 PM · Aug 28, 2021
231 Reposts · 837 Likes
Chris Blattman@cblatts
A behavioral scientist declaring behavioral economics is dead and will not be a respected field in 10y. Some interesting points, but (as a non behavioral economist) it seems like a super narrow conception of the field
thebehavioralscientist.com
The death of behavioral economics - Jason Hreha
3:23 PM · Aug 28, 2021
81 Reposts · 327 Likes
^more commentary: Tom Pepinsky, Oleg Urminsky
Scott Delhommer, PhD@s_delhommer
Is there a structural model/IO equivalent of Mostly Harmless Econometrics? I feel like I have no clue what's going on in structural models.
10:59 PM · Aug 25, 2021
30 Reposts · 445 Likes
Will Diamond@wdiamond_econ
@s_delhommer This book should clearly be titled "deeply harmful econometrics" or "extremely dangerous econometrics" or the like.
1:32 AM · Aug 26, 2021
1 Repost · 42 Likes