Best of #econtwitter - Week of February 6, 2022 [2/2]

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 two of two. Part one is here.

Paper summary threads

Joshua Goodman @JoshuaSGoodman

This month's issue of AEJ: Economic Policy has 4 great articles on the economics of education, 2 in K-12 and 2 in higher ed, and all very relevant to current policy questions. A quick summary...

aeaweb.orgAmerican Economic Journal: Economic PolicyVol. 14 No. 1 February 2022

^great concise thread, the newsletter could have included each tweet

Stefanie Fischer @stef_fischer

We find that the switch to semesters reduces on-time graduation rates by 3.7pp (10%) An event study shows that this effect persists well beyond the transition (5+yrs after the transition). 4/8

Stefanie Fischer @stef_fischer

Students on a semester calendar are: 1. more likely to be on academic probation (GPA<2.0) 2. less likely to be enrolled in a full-time course load (15 credits) 3. take longer to settle on a major 5/8

^semesters versus quarter system. Another thread from coauthor Valerie Bostwick

Robert Dur @DurRobert

Large statistical uncertainty in the ranking of economics journals: 🔹"10 of the 30 journals cannot be rejected to be among the top-five journals and 🔹only one, the QJE, can be rejected to be among the worst 25" dropbox.com/s/5c9un5hzyspj… by Magne Mogstad et al (2022), AEA P&P

More: effect of lifting restrictions on MPs being paid by private cos; kidney exchange; inheritance law and women; handbook chapter on expectations survey data in finance; US antebellum currency and crypto; automatic health insurance enrollment; deficit sustainability; inheritance data; GDPR; bargaining theory + more bargaining theory; quasilinear integrability

Requests for paper threads:

• supernatural beliefs and prosocial behaviors

• declining medical prices

Public goods

Deyan Ginev @dginev

📢 Welcome to ar5iv.org Change the "X" in any arXiv article link to the "5" in ar5iv to get a modern HTML5 document. Thread: what is included, why now, and how we hope to merge back into arXiv. #OA #OpenScience #preprints 1/10

ar5iv.orgar5iv – Articles from arXiv.org as responsive HTML5 web documentsar5iv offers a modern web view for arXiv’s preprints. An open community resource, on a quest to a full collection of high-quality documents.

^a mildly related tweet

David Schindler @DSchindlerEcon

🚨🚨Are you doing a Ph.D. in economics and are completely lost? @cp_roth and I have set up a website to bundle advice for all sorts of issues Ph.D. students may run into. sites.google.com/view/econgrada…

sites.google.comEconGradAdviceThis site provides some resources for grad students in economics. If you have useful resources that you would like to be added to this page please reach out to the creators of this page (Chris Roth or David Schindler) Surely, we missed many great resources out there. You can add any additional

More: real-time inequality data; Julia for economists; R data science; Africa geospatial panel data; R for historians of economics

Interesting discussions

tylercowen @tylercowen

How should we feel about those "exploding job offers" in the econ job market? marginalrevolution.com/marginalrevolu…, #econtwitter

marginalrevolution.comThe economics of exploding job market offers - Marginal REVOLUTIONI am hearing various Twitter reports that in the absence of AEA scheduling coordination, the junior economics job market is involving a lot of departments jumping the gun, interviewing early, and then making “exploding offers” with a short fuse, hoping to snap up desperate candidates. I am not pers…

^“The best argument for a coordinated market is simply that it serves the interests of the top schools, and makes sure they get the best candidates”

Cory Clark @ImHardcory

3. In two weeks, we will be presenting preliminary results of three of our adversarial collaborations (ACs) at #SPSP2022. All of our data collections are still underway, so we have no idea how the results will turn out. Care to predict the findings?

Stefano DellaVigna @sdellavi

1. Referees rule. Surprisingly perhaps, editors mostly follow referees. At the AER, with 3 reports: W/ 3 pos, you are in, w/ 0 pos, you are out, 2 pos -> good chances, 1 pos -> v unlikely. This is not just me. In our Restat paper with D Card, r2 on R&Rs close to .5 from ref recs

Matt Clancy @mattsclancy

In addition to the @WelcomeEcon account, we need an Econ coauthors matchmaker account.

Benjamin Hansen @benconomics

AER: Tweets?

David Powell @thedavidpowell

In the future, research papers will just be abstracts with online appendices.

^the secret master plan of the newsletter is actually to disrupt the top 5 oligopoly