Best of #econtwitter - Week of January 9, 2022 [2/3]
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 (hopefully a rare three-part issue). Part one is here; part three is here.
Paper summary threads
Lee Crawfurd@leecrawfurd
Here are the 7 papers that especially caught my eye from the AEA program aeaweb.org/conference/202…
David Evans @DaveEvansPhD
Development economists: Which sessions are you looking forward to (or participating in) at the virtual AEA meetings this weekend?
9:16 AM · Jan 7, 2022
3 Reposts · 18 Likes
^thread
Advik Shreekumar@AdvikSh
@lymanstoneky I have work in progress with @plvautrey suggesting that mindfulness reduces depression, anxiety, and stress.
We give some people a Headspace premium subscription; others go on a waitlist. Those with the app report better short-term mental health.
economics.mit.edu/files/22355
[1/N]
10:17 PM · Jan 6, 2022
16 Likes
Joshua Goodman@JoshuaSGoodman
Typically, 1 in 5 US high schoolers report being bullied in school over the past year.
1 in 7 report being cyberbullied.
Our new NBER working paper shows
1) How to measure bullying in real time
2) How Covid changed bullying
3) That bullying & cyberbullying are complements.
3:22 PM · Jan 3, 2022
21 Reposts · 125 Likes
Joshua Goodman@JoshuaSGoodman
2) Covid reduces bullying and cyberbullying search to historically low levels.
That bullying drops isn't shocking. Kids aren't around each other.
That cyberbullying drops is very interesting given that kids are way more online than before.
3:32 PM · Jan 3, 2022
1 Repost · 20 Likes
Sylvain Catherine@sc_cath
1⃣ Households’ lack of investment in stocks is one of the most important puzzles in finance. In this paper, I study one potential explanation: after stock market crashes, a small number of workers lose their jobs with long-term consequences on their earnings.
Review of Financial Studies @RevOfFinStudies
#Forthcoming: Countercyclical Labor Income Risk and Portfolio Choices over the Life Cycle
Sylvain Catherine @sc_cath @Wharton
https://t.co/9SdihzWdBV
4:12 PM · Jan 4, 2022
23 Reposts · 65 Likes
Daniel P. Gross@daniel_p_gross
🚨🚨🚨 New working paper w/ @jamesfeigenbaum on historical automation! What led AT&T to automate telephone call switching, what stood in its way, and how did it benefit? A thread🧵
3:14 PM · Jan 4, 2022
38 Reposts · 137 Likes
Andrew C. Johnston@datacrat
🚨 New working paper alert 🚨
"Pension Reform and Labor Supply" w/a kind and clear mind in Jonah Rockoff. Truly terrific person.
Pensions shape worker retention and retirement. Without knowing much about this pension, you can probably guess retirement rules from this picture.1/
12:44 AM · Jan 5, 2022
14 Reposts · 78 Likes
Lukas Freund@_LukasFreund_
Interesting paper (->@EJ_RES) by @achadhvaryu, @teremolin & @AnantNyshadham, including in the current labor market context
👉A randomly assigned employee satisfaction survey, administered to Indian garment workers shortly after a disappointing wage hike, ⬇️quit rates by 20%.
11:32 AM · Jan 5, 2022
7 Reposts · 21 Likes
Alexander Berger@albrgr
Amazing parable of evidence based policy in practice: in 2008 England adopted “strategy-proof” school allocation algorithms because of theoretical arguments that they’d be fairer. But actually they made inequality of peers and value-added worse: nber.org/papers/w29600
But then…
3:26 PM · Jan 5, 2022
3 Reposts · 14 Likes
Chad Jones@ChadJonesEcon
For many years, I asked friends why we don't have a journal for "A Simple Version of the _____ Model." But the Annual Review of Economics now fills the role perfectly! Other favorites? 6/n (END)
7:11 PM · Jan 6, 2022
3 Reposts · 29 Likes
^thread of some ARE papers
Jessica Leight@leightjessica
Fascinating new WP about the effect of forced displacement on human capital in Mozambique by @GChiovelli Michalopoulos @EliasPapaioann2 and Sequiera, analyzing the effects of a long civil war that displaced around 1/3 population #Econtwitter
nber.org
Forced Displacement and Human Capital: Evidence from Separated Siblings
6:56 PM · Jan 3, 2022
7 Reposts · 18 Likes
Ben Zipperer@benzipperer
Striking example of the consequences of racism in the workplace: non-white soccer player performance increased when stadiums were empty due to COVID-19 restrictions.
fascinating research by @FabriColella
8:50 PM · Jan 7, 2022
130 Reposts · 398 Likes
Interesting discussions
Arpit Gupta@arpitrage
Is the great resignation going to hit academia?
4:45 PM · Jan 5, 2022
11 Reposts · 204 Likes
^lots of interesting discussion in the replies
Chris Auld@Chris_Auld
Getting standard errors wrong: physics as of 1933 edition.
In 1887, Michelson & Morley startled everyone by demonstrating there is no ether, paving the way to the theory of relativity.
In 1933, Dayton Miller published results seemingly overturning Michelson-Morley. 1/6
1:12 AM · Jan 8, 2022
1 Repost · 10 Likes
Chris Auld@Chris_Auld
In other words, physics was turned on its head for a while because Miller did (almost) the equivalent of:
reg y treatment turn
but should have:
reg y treatment i.turn, cluster(turn)
Which is perhaps a more fun example than those in Bertrand et al 2004. 6/6
1:13 AM · Jan 8, 2022
3 Likes
Jason Kerwin@jt_kerwin
Hot take: you should never number your slides, especially if you're good at pacing yourself. The denominator stresses people out & prompts comments about running out of time. The numerator just wastes screen space/attention.
Corollary: many people are very bad at pacing!
10:29 PM · Jan 7, 2022
2 Reposts · 77 Likes