Best of #econtwitter - Week of December 19, 2021
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Best of #econtwitter - Week of December 19, 2021
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.
Paper summary threads
Fascinating look at citations in formative heuristics and biases research. Despite many studies showing good reasoning, the studies that got cited were those showing people to be poor reasoners. This research is ironically biased toward finding bias! (📄: psycnet.apa.org/record/1984-26…)
I recently posted a substantially updated version of my job market paper. Summary 🧵follows.
NBER @nberpubs
House prices have appreciated more in the national superstars. BUT: lower rent returns offset these price gains. Superstar cities have under-performed the rest of the country by 100 bps annually. We call this the "negative superstar premium."
Forthcoming in @JPolEcon, one of my favorite papers—by {@doronravid, Roesler, Szentes}. It studies a game between a buyer and a seller. Simultaneously, the seller decides on a price to post for a good, and the buyer decides how much information to acquire about the good's value.
Top Chinese econ PhDs in the US with last names at the end of the alphabet are 20% more likely than others to return to China rather than land a job in a US econ department. Authors on econ papers are listed in alphabetical order & being listed last lowers perceived contribution!
More: pessimistic beliefs and carbon tax support; hospital prices vs cost; Brazilian education program eval; TDFs and expected labor force participation; “good jobs”; African American big-city population decline
Job market papers
My JMP "Do Shelters Reduce Domestic Violence?" uses a difference-in-differences design to estimate the effect of opening a new shelter where there wasn't one previously on intimate partner homicide rates, finding a large (albeit noisy) decrease in female IPV homicides.
2/n
More: dynamic school choice; technology adoption and late industrialization; disagreement aversion; long-run peer effects of disciplinary schools; fintech and monetary policy; microfinance; income taxation of couples
Public goods
Hi everyone! I'm v excited to finally share our R package baggr that makes Bayesian meta-analysis/evidence aggregation easier, joint work with Witold @vientsek . Here's a gif of how it works... and a thread to explain!
My Ph.D. level topics course on the #EconomicsofAI is now available for free on @coursera – check it out here youtube.com/watch?v=ubXE0R… if you are a student or economist interested in the topic #EconTwitter 👨🏫 – and sign up at coursera.org/learn/economic…
Interesting discussions
I can't remember who suggested this to me but I love the idea: Instead of posting preprints of final published papers on your website, post "preferred versions," which can be whatever version of the draft you like best & want people to read.
Thank you for tolerating such a vague poll question.
Let me explain why I think this is a useful thing to bring front and certain, and highlight what I think is a flaw in how much of econometrics is taught, currently.
1/n
Apropos of nothing, every author should have two tokens per year to give to the least thoughtful referees they have had, and these token counts should be visible to editors.
Here is a list of questions I received most often during (first round) interviews, per request. Hope the list helps this year’s JMCs prep
#EconTwitter #EconJobMarket
🧵
Here's a fun idea in economics that I think is somewhat underdiscussed, about how consumer search can end up being wasteful and socially inefficient
Suppose you're trying to buy a watermelon at the grocery store. Half the melons are nice and juicy, half of them are not
I recommend him to all but the top 10.
Blah blah blah
I recommend him to all but the top 10.
-every recommendation letter
