Best of #econtwitter - Week of February 27, 2022
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.
Apologies for the late edition this week!
Paper summary threads
Thread from the locked account of pseudonymous @Pseudoerasmus on The Economic Effects of the English Parliamentary Enclosures. “The HRV paper is very low-key about what it’s doing, but surely it is the most important intervention in British agrarian history since Allen’s 1992 Enclosure & the Yeoman.”
Craig Garthwaite@C_Garthwaite
Proud to see this in @JPubEcon.
Tim, Bill and I started working on two papers about long run effects of crack cocaine markets when I was in graduate school.
This published paper is a testament to both silly process and to persistence.
This topic is really important (1/6)
Journal of Public Economics @JPubEcon
Recently published paper in the @JPubEcon :
"Guns and Violence: The Enduring Impact of Crack Cocaine Markets on Young Black Males"
Vol 206 (Feb 2022)
by William Evans (@nd_econ ), Craig Garthwaite (@C_Garthwaite ), & Timothy J. Moore (@Research_Purdue )
https://t.co/gzlerc4vKz
6:24 PM · Feb 21, 2022
15 Reposts · 58 Likes
Tyler Muir@tylersmuir
A thread on “Volatility Expectations and Returns” w Lars Lochstoer
There’s lots of work on agents expectations of returns or cash flows, but lot less on how they perceive risk. Perception of risk obviously very important for asset pricing! https://t.co/zYaFsoFwRH
Journal of Finance @JofFinance
Forthcoming soon: Lochstoer and @tylersmuir @uclaanderson find that initial underreaction and delayed overreaction to volatility shocks can explain VIX and variance risk premium dynamics, a weak risk-return trade-off, and survey expectations of volatility. https://t.co/MAbHJM00SI
7:37 PM · Feb 23, 2022
3 Reposts · 34 Likes
Alexander Berger@albrgr
Good paper finding that an air quality warning system in South Korea massively passed a cost-benefit test just based on day-of healthcare costs, not to mention any actual health or longer term benefits: nber.org/papers/w29637
1:51 AM · Feb 23, 2022
77 Reposts · 352 Likes
Mike Mueller-Smith@Econ_Mike
How do financial sanctions (FS) in the criminal justice system affect long-term labor and criminal outcomes and household spillovers? Joint work Keith Finlay, Matthew Gross, and Elizabeth Luh. A thread🧵 1/12
8:23 PM · Feb 25, 2022
17 Reposts · 66 Likes
Bruce Western@WesternBruce
A randomized experiment in Oklahoma County took a group of people convicted of misdemeanors. The treatment group had all their past and current county debt paid off. What happens when your debt is relieved? 2/9
11:38 PM · Feb 22, 2022
61 Reposts · 465 Likes
Yoav Goldstein@GoldsteinYoav
למי שמתעניינ\ת- מציע תקציר של המאמר המשותף עם פרופסור ויקטור לביא על ההשפעה של תוכניות מחוננים בבתי הספר התיכונים בישראל. המאמר ארוך וכולל הרבה ניתוחים. אנסה לתמצת. מי שרוצה להעמיק מוזמנ\ת לקרוא עוד במאמר ו/או לשאול :) שרשור 1/14
NBER @nberpubs
Analysis of gifted children programs in Israeli high schools finds that a larger share of participants graduated college with two STEM majors, but with no effect on employment or earnings, from Victor Lavy and Yoav Goldstein https://t.co/ET4D8g4TiS https://t.co/NAvkd1exv6
9:44 AM · Feb 27, 2022
27 Reposts · 403 Likes
Joel Mittleman@joeljm_soc
Using five new population-representative data sources, I find—again and again—that gay men achieve stunning academic success.
I show, for example, that if America’s gay men formed their own country, that country would be the world’s most highly educated by far.
2:28 PM · Feb 21, 2022
68 Reposts · 569 Likes
Cesar Chavez@CesarChavezP29
El indice de incertidumbre mundial actualizado hasta el tercer trimestre del 2021.
Los datos: worlduncertaintyindex.com/data/
Paper: nber.org/papers/w29763
11:03 PM · Feb 21, 2022
1 Repost · 5 Likes
Journal of Public Economics@JPubEcon
Do highly publicized police killings of civilians (eg Ferguson) have an effect on policing?
An analysis of St. Louis and a multi-city analysis of 60 large U.S. cities suggest "yes."
High-profile killings during 2014-2016 in the U.S. led to fewer police activities and arrests.
8:27 PM · Feb 24, 2022
5 Reposts · 16 Likes
Coleman Drake@cdrake219
@ConBerd, Bryan Dowd, and I have a new piece out at @JPubEcon
Sources of Inertia in Health Plan Choice in the Individual Health Insurance Market
doi.org/10.1016/j.jpub…
@PittHpm @PittCP3 @HPM_PittPubHlth @PennStateEcon @PublicHealthUMN @CoveredCA 1/10
doi.org
Redirecting
2:45 PM · Feb 21, 2022
16 Reposts · 71 Likes
More: cyclicality of nonprofits; effect of building the (Great) wall; “fake news” is fake news
Public goods
Max H Farrell@maxhfarrell
New package announcement!
Estimation and inference in synthetic controls. Uncertainty around synthetic controls is a tough problem, and active area, so hopefully this will help applied people. Stata, R, Python.
nppackages.github.io/scpi/
#EconTwitter #causaltwitter
nppackages.github.io
SCPI · NP Packages
5:18 PM · Feb 22, 2022
102 Reposts · 513 Likes
Interesting discussions
Abdoulaye Ndiaye@and_joy_
Around this day, 2 years ago, I gave my last in-person econ seminar.
Since then, I have had dozens of virtual seminars presentations and conferences, and hundreds of meetings with co-authors over Zoom.
As I reflect on this time period here are some takeaways. 🧵
#EconTwitter
2:42 AM · Feb 22, 2022
30 Likes
Kevin Bryan@Afinetheorem
Strategic exploding reasons to potential students/APs are shockingly unethical. AEA/dept chairs should publicly encourage people affected to accept then renege later if better offer. Otherwise markets unravel like in many other fields. Btw, virtual AEA is partly the cause...
Claudio Ferraz @claudferraz
Something weird seems to be happening in the PhD application “market” this year where many departments have anticipated deadlines and are giving prospective students “exploding admission offers”. This is wrong, students should have time to think, visit and compare choices
5:45 PM · Feb 23, 2022
5 Likes
Shyam Raman@shyamkraman
hi #econtwitter - do you like writing lit reviews? me neither! a brief thread for on how I conduct a #betterlitreview using ConnectedPapers, Zotero, and LaTeX (+ Word!!) [1/n]
5:26 AM · Feb 25, 2022
107 Reposts · 602 Likes
Adam Ozimek@ModeledBehavior
Chechen warlord Kadyrov is a PhD economist en.m.wikipedia.org/wiki/Ramzan_Ka…
1:30 PM · Feb 27, 2022
48 Reposts · 494 Likes
^“He should do one of those “how to think like an economist” books but focused on warlording”
Per Engzell 🇺🇦@pengzell
Make of it what you will, but the key to good academic prose is being a bit less smart than your average reader
3:37 PM · Feb 21, 2022
6 Reposts · 193 Likes