Best of #econtwitter - Week of February 20, 2022 [2/3]
Feb 22, 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.
This is part two of three. Part one is here and part two is here.
Paper summary threads

Lee Crawfurd@leecrawfurd
New results from a 20-year follow-up on Progresa.
Children whose parents received cash transfers in Mexico 20 years ago earn 15% more than those who didn't
povertyactionlab.org/sites/default/…


1:04 PM · Feb 15, 2022
392 Reposts · 1.24K Likes
^a lot of good commentary in the replies about fadeout, eg 1, 2

Anna Stansbury@annastansbury
Incredibly striking similarity between US and France in the relationship between parental income and college attendance
- and surprising given the massive differences in cost of attending college between the two countries.
(new work by @bonneau_cecile & Sebastien Grobon)
[1/3]

Thomas Piketty @PikettyLeMonde
Also new on https://t.co/sInc4TxNw1: Unequal access to higher education based on parental income: evidence from France, by C. Bonneau & S. Grobon
Bottom line: link btw parental income & access to higher education is almost as strong in France as in the US
https://t.co/OMRtHuwcGp https://t.co/eXVyabbypg
3:36 PM · Feb 16, 2022
79 Reposts · 310 Likes
^also a lot of good discussion in the replies, eg same curve for Germany; “tuition is near free in France”

Lihua Lei@lihua_lei_stat
A thread on BUE & BLUE🔥
Gauss-Markov condition:
1) y=Xβ+ε
2) E[ε|X]=0
3) Cov(ε|X)=σ^2Σ
Standard GM:
4) Σ=I
The GM thm shows that OLS/GLS is BL(inear)UE.
Hansen (’20) shows it holds for all unbiased est (inc. nonlinear) w/ an elegant proof (tilted density + Cramer-Rao)
1/n

Giuseppe Cavaliere @CavaliereGiu
The OLS estimator is BUE, on top of being BLUE, under classic Gauss-Markov conditions — check out @BruceEHansen’s new amazing #econometrica paper. Textbooks require some updating @jmwooldridge? Question: how much a BUE can depart from linearity? https://t.co/Ci4J5S0vuw
6:28 PM · Feb 14, 2022
88 Reposts · 457 Likes

Jeffrey Wooldridge@jmwooldridge
Not exactly. I like Bruce's approach in this paper and it yields nice insights. But in twitter and private exchanges last week, and what I've learned since, it seems that the class of estimators in play in Theorem 5 include only estimators that are linear in Y.
#metricstotheface

Borelli @BorelliLuan
It is time for @jmwooldridge to rewrite his books. https://t.co/ltnejZHyzn
7:44 PM · Feb 18, 2022
25 Reposts · 184 Likes

Kevin Chen@jiafengchen42
Thanks @jondr44! A thread on this short paper 🧵
(no econometric toys are harmed in the writing of this paper)

Jonathan Roth @jondr44
Very cool new paper by @jiafengchen42 that gives a justification for synthetic control methods
He shows that when treatment timing is random and you have many time periods, SC has close to optimal regret when an adversary chooses the potential outcomes
https://t.co/lD6rpERhfM https://t.co/0rx8L7dIzb
12:23 AM · Feb 19, 2022
30 Reposts · 151 Likes

Belinda Archibong@belindaarch
Happy Black History Month- today I want to talk about protests, and specifically whether protests can work to influence economic redistribution using evidence from our newish paper here:researchgate.net/publication/35… 1/n

5:38 PM · Feb 8, 2022
64 Reposts · 269 Likes

Stefan Schubert@StefanFSchubert
In a randomised trial with 18k+ participants with suicidal ideation, "training of dialectical behavior therapy skills (mindfulness, mindfulness of current emotion, opposite action, and paced breathing)" raised the risk of self-harm relative to usual care.
jamanetwork.com
Effect of Low-Intensity Outreach Programs vs Usual Care on Self-harm in Outpatients With Suicidal Ideation

10:33 PM · Feb 16, 2022
47 Reposts · 245 Likes

Silvia Vannutelli@silviavannutell
Very cool new tinyurl.com/nberp! Losing a job has very different implications across Europe. For Northern Europeans, 5 years after job displacement, earnings are 10% lower than before, while the loss is 3X larger for Southern Europeans (Italy, Portugal, and Spain). 1/3


NBER @nberpubs
The consequences of losing a job across countries using a harmonized research design and social security records from seven nations, from Antoine Bertheau, @eacabbi, Cristina Barcelo, Andreas Gulyas, Stefano Lombardi, and Raffaele Saggio https://t.co/aqPElO80Io https://t.co/0esIS2wgzf
7:08 PM · Feb 15, 2022
69 Reposts · 237 Likes
Public goods

David Evans@DaveEvansPhD
47 journals with explicit short paper options where economists publish their research
An annotated list: bit.ly/36qNVfn
[And a thread]
bit.ly
Journals with short paper options where economists might publish

2:37 PM · Feb 19, 2022
182 Reposts · 589 Likes

Apoorva Lal@Apoorva__Lal
Excellent new packages for synthetic control estimation and inference in r, python, and stata
arxiv.org/abs/2202.05984
nppackages.github.io/scpi/
The nppackages.github.io nppackages group sets the standard for serious econometrics work paired with good software
nppackages.github.io
Nonparametric and Semiparametric Methods · NP Packages
8:55 PM · Feb 18, 2022
32 Reposts · 184 Likes

Lukas Freund@_LukasFreund_
New harmonized data set tracking ~80m people for 2-3 quarters; 49 countries across five continents, covering wide range of economic development.
Looks like more and more data will be provided online, which seems like a public service worth highlighting:
lfsdata.com
LFS Data
7:37 PM · Feb 18, 2022
1 Like
Metrics GIFs

Robert Östling@robertostling
I find animations useful to teach metrics to undergrads. I believe it improves understanding to see what goes on. Here is a thread with my favorite GIFs, most of them are re-makes of stuff from #EconTwitter.
9:09 PM · Feb 17, 2022
869 Reposts · 3.67K Likes

Robert Östling@robertostling
This one I have seen several versions of before. It illustrates attenuation bias with classic measurement error in x.

9:09 PM · Feb 17, 2022
6 Reposts · 242 Likes

Robert Östling@robertostling
I don't talk much about sample selection, but I do show them this one with a truncated y variable.

9:09 PM · Feb 17, 2022
2 Reposts · 214 Likes

Robert Östling@robertostling
My latest addition to my GIF collection is this one which illustrates fixed effects by demeaning x and y. It also demonstrates Simpson's paradox + shows that demeaning of y does not change the slope coefficient (cf. regression anatomy vs Frisch-Waugh).

9:09 PM · Feb 17, 2022
3 Reposts · 151 Likes
^more in thread

