Best of #econtwitter - Week of December 5, 2021 [1/2]
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. Part two is here.
Paper summary threads
Big results from the 10-year follow-up to Banerjee-Duflo-Sharma's ultrapoor asset transfer experiment in West Bengal.
2 cows + 30 weeks of a subsistence stipend = 20% higher consumption a DECADE later.
aeaweb.org/articles?id=10…
Really interesting discussion of HOW treatment households got ahead over time. First by starting new businesses, then by migrant wages.
By year 10, the treatment effect is "almost entirely driven" by migrants.
I have a NEW PAPER out with @susannahhares @AnaMinardi1 @JustinSandefur
What do policymakers really think about education policy?
Paper: cgdev.org/publication/un…
Blog: cgdev.org/blog/poll-educ…
🧵
This figure shows a summary measure of financial distress for women denied an abortion due to a gestational limit (Turnaway) and women who received an abortion (Near Limit) relative to the time they either gave birth, or would have given birth if they received an abortion (2/3)
I’m interested in mental health! And I’ve had the general sense that a number of interesting papers had surfaced lately reporting effects of various psychosocial interventions on depression / mental health in LMICs, so time for a short 🧵!
Using Facebook connections to capture informal ties, we compare citations by inventors to counterfactual citations that were added by patent examiners. We identify a significant and robust effect of informal ties on patent citations.
Indian female labor force participation is among the lowest in the world. Our experiment asks: is it low because spouses hide information about potential jobs from each other? Is it low because spouses avoid bargaining, defaulting to non-employment? [2/N]
My paper with @omzidar, "The Tax Elasticity of Capital Gains and Revenue-Maximizing Rates" is out today in AER Insights! Huge thanks to Owen and to @ColyElhai who put so much work into the project as RA. Here's a short thread summarizing our findings! 🧵 (1/6)
The 🧵 is based on a new working paper "Firm Heterogeneity, Capital Misallocation and Optimal Monetary Policy", which is joint with @Bea_GonzalezL, Dominik Thaler and Silvia Albrizio
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Published today in the Journal of Public Economics Plus (the open access outlet of @JPubEcon): "Beveridgean Unemployment Gap," with Emmanuel Saez.
doi.org/10.1016/j.pube…
The paper develops the first welfare-based measure of unemployment gap & applies it to the US.
Public goods
Interested in pursuing a PhD in a business-related field? I've compiled an extensive list of resources that I found most helpful throughout the application process (and beyond!).
I hope you'll find them helpful, too. 🙂 #AcademicTwitter #AcademicChatter
samanthanicolesmith.org/resources
@arpitrage @johnjhorton If anyone on this thread is looking for resources to brush up on their Python, here's a criminally shameless plug for 'Coding for Economists':
aeturrell.github.io/coding-for-eco…
Please tell me what's not clear, what's missing, and what could be improved—contributions welcome!
great new one-stop website for innovation data presented today at NBER's I^3 meeting: ✨iiindex.org✨
thanks Agnes Cameron @metasj @marxmatt for all these great initiatives for our research community.
Interesting discussions
Re those form fields on graduate recommendations (top 1%, top 5%, etc.), a common practice is to add a P.S. saying, "As a policy, I fill them all out in the top category for all applicants and these answers contain no information. Please see the letter for my assessment."
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I can’t decide whether I loathe or hate the now-dominant style in empirical econ papers where the intro goes goes into ad nauseum detail about what the paper does