Best of #econtwitter - Week of December 11, 2022: paper summaries
Welcome readers old and new to this week’s edition of Best of Econtwitter. Please submit suggestions — very much including your own work! — over email or on Twitter @just_economics.
A slightly different format this week (also, gmail may cut off the email, and you would need to open in the browser to see all tweets). Feedback, as always, is welcome.
Paper summaries
Brian Albrecht@BrianCAlbrecht
Everyone is worried about concentration in markets. Is it actually increasing?
As usual for these big macro trends, it depends.
A 🧵 on the recent literature
7:08 PM · Dec 8, 2022
56 Reposts · 204 Likes
^recommended
Matthew Staiger@MatthewStaiger
***Updated paper***
How do connections in the labor market shape intergenerational mobility? I shed light on this question by studying one type of connection: jobs obtained at a parent's employer.
🧵 #EconTwitter
matthewstaiger.github.io/matthewstaiger…
8:01 PM · Dec 9, 2022
83 Reposts · 307 Likes
^“29% of people work for a parents' employer by age 30”, but careful on the interpretation, it’s a lot of blue-collar work:
Matthew Staiger@MatthewStaiger
Furthermore, young workers in blue-collar industries are most likely to work for a parent’s employer, and these are the same industries where survey data suggests that the use of social contacts in job search is most common. These also tend to be high-paying industries… [5/19]
8:01 PM · Dec 9, 2022
4 Reposts · 9 Likes
Piotr Żoch@pzoch5
New paper with @YuTingChiang4
How does the financial sector affect the transmission of monetary and fiscal policy? The question is tightly linked to a crucial market: the liquid asset market.
St. Louis Fed Economic Research @STLFedResearch
New working paper: "Asset supply and liquidity transformation in HANK" by St. Louis Fed economist @YuTingChiang4 and co-author Piotr Zoch (U of Warsaw) #EconTwitter https://t.co/4B4RZH9tDy https://t.co/ne1hku0MNR
8:59 PM · Dec 7, 2022
6 Reposts · 35 Likes
Lukas Freund@_LukasFreund_
🚨New 📜"Superstar Teams"
🔗bit.ly/lbfTeams22
❓Does it matter for the macroeconomy who works with whom?
🔧Model of firm organization + micro data (🇩🇪+🇵🇹)
👉Yes! Importance of coworker interdependencies has ⬆️ & this helps explain⬆️between-firm inequality
👇Summary-🧵
6:48 PM · Dec 8, 2022
45 Reposts · 174 Likes
Franck Portier@FpjPortier
A thread on a new paper just coming out as a @cepr_org Discussion paper “Dynamic identification in VARs” (DP17726, tinyurl.com/narctbbu). It is joint work with my friends Paul Beaudry, Fabrice Collard, Patrick Fève and Alain Guay. 1/6
5:44 PM · Dec 7, 2022
65 Reposts · 271 Likes
Shengwu Li@ShengwuLi
💡 I've got a new solution concept to show you. (working paper with @shani_cn)
TL;DR: It's {sequential equilibrium} x {cursed equilibrium}.
Creatively titled, Sequential Cursed Equilibrium. 🧵
scholar.harvard.edu/files/shengwu_…
scholar.harvard.edu
11:33 PM · Dec 11, 2022
21 Reposts · 154 Likes
Alex Tabarrok@ATabarrok
Incredible. Fingerprints on 4000 year old+ pottery used to distinguish male from female potters and uncover changing gender specialization as pottery changed from home production (mostly female) to large-scale production (mostly male.)
Alice Evans @_alice_evans
In ancient Mesopotamian villages, men and women both made pottery at home.
With the rise of the state from mid-third millennium BCE, pottery production became large-scale, state-organised & exclusively male!
Evidence from finger prints!! 🤯
https://t.co/aYGRl4P0zj https://t.co/jN5DhbyDvZ
4:50 PM · Dec 11, 2022
16 Reposts · 114 Likes
Robert Metcalfe@RDMetcalfe
Another great paper using rideshare data showing the discrimination by the police on stopping non-white drivers.
Novel design where speed, journey, and race are accurately measured.
with @Econ_4_Everyone @pradhiaggarwal
@7hoenix @_ThomasYu et al.
bfi.uchicago.edu/wp-content/upl…
1:33 PM · Dec 10, 2022
19 Reposts · 67 Likes
^paper/data look extremely nice, but careful on the interpretation:
Kevin Drum@kdrum
New study says Black drivers get 0.7 more speeding citations per century jabberwocking.com/new-study-says…
8:19 PM · Dec 10, 2022
4 Likes
Frank van der Wouden@fvanderwouden
Do collaborators learn more when they are co-located?
Yes! They are 57% more likely to learn!
In this Research Policy paper, @hyejin_youn & I track the careers of 1.6m #scholars between 1975-2018.
We find the following...
bit.ly/3HdF9W5
🧵1/7
10:31 AM · Dec 6, 2022
55 Reposts · 217 Likes
Jim Flynn@jim_flynn9
Our paper showing that expanding contraceptive access led to an increase in 'on-time' college completion is out in @Health_Affairs! #EconTwitter
With @sarayeatman @ajeanstevenson @katiegenadek @smollborn Jane Menken
healthaffairs.org
11:11 PM · Dec 7, 2022
23 Reposts · 50 Likes
Appendix
grid-database@GRIDdatabase
You can still watch Argentina in the World Cup and you can also learn about its income distribution! 🧵 on
10:54 PM · Dec 10, 2022
12 Reposts · 62 Likes
grid-database@GRIDdatabase
You can no longer watch Brazil in the World Cup, but you can always learn something new about its income distribution! 🧵on
6:55 PM · Dec 9, 2022
28 Reposts · 147 Likes
Wouter Leenders@WouterLeenders
Delighted that our paper "Offshore tax evasion and wealth inequality: Evidence from a tax amnesty in the Netherlands" with Arjan Lejour, @SimonRabate and Maarten van 't Riet has been accepted by @JPubEcon.
Check it out here: authors.elsevier.com/c/1gCfWAlw9pM-K
5:09 PM · Dec 7, 2022
50 Reposts · 222 Likes
Moritz Kuhn@kuhnmo
💥💥💥NEW WORKING PAPER 💥💥💥
"Coordinated Firm-Level Work Processes and Macroeconomic Resilience"
joint work with Jinfeng Luo, Iourii Manovskii, and @XinchengQiu
A short thread and the link to the paper
wiwi.uni-bonn.de/kuhn/paper/Coo…
@ECON_tribute @EPoS224 @UniBonn 1/n
5:12 PM · Nov 9, 2022
8 Reposts · 54 Likes
Anna Stansbury@annastansbury
Does mandating pay transparency reduce the gender wage gap?
YES - per several studies of recent reforms.
BUT - this tends to come about from slower wage growth for men, and *not* boosting wage growth for women. (in Canada, Denmark, and UK).
Important if disappointing results.
Birthe Larsen @BirtheLarsenCph
Our research paper on Gender Pay Gap (GPG) forthcoming in Journal of Economic Survey has
4 main findings:
🧵
1) Reform-based studies find that pay transparency
reforms reduce the GPG in all countries but one, which finds no effect
1/3 https://t.co/imJzrVxiHj
5:33 PM · Dec 11, 2022
31 Reposts · 160 Likes
Andrew Yizhou Liu@AndrewYizhouLiu
🚨🥁 New working paper: 🥁🚨
Unconventional Monetary Policy and Labor Demand
(with Andrea Civelli)
dropbox.com/s/d30d2rjc0mby…
Using SMCCF, we find that vacancy postings increased by 19% for A firms, 22% for BBB firms, and 35% for fallen angels. 1/7
11:36 PM · Dec 6, 2022
1 Repost · 1 Like
Johannes Pöschl@jo_poeschl
I’m very happy that my paper “Corporate Debt Maturity and Investment over the Business Cycle” is forthcoming in the European Economic Review! 1/9
Find the paper here: authors.elsevier.com/a/1gAeY3F~askDm
11:58 AM · Dec 6, 2022
9 Reposts · 88 Likes
Joseph Shapiro@_josephshapiro
Today’s registration fees and property taxes encourage driving of polluting vehicles. We collected fee records from state/local governments across the US. Registration fees are highest on new vehicles, which are clean; and lowest on old vehicles, which are dirty.
4:41 PM · Dec 5, 2022
2 Likes
Karsten Müller@KarstenMueIIer
🚨New paper alert (joint work with Carlo Schwarz)🚨
What was the effect of deleting @realDonaldTrump's Twitter account in January 2021? A 25% drop in the toxicity of tweets sent by his followers relative to other users.
Full paper: ssrn.com/abstract=42963…
5:57 PM · Dec 7, 2022
105 Reposts · 450 Likes
Andrea Robbett@AndreaRobbett
I'm excited to share that Game Theory & Behavior was released today by @mitpress.
It is an introductory game theory book that includes experimental evidence and demonstrates how behavioral insights have been incorporated into the theory to better model strategic behavior.
🧵👇
4:03 PM · Dec 6, 2022
121 Reposts · 665 Likes