Best of #econtwitter - Week of January 29, 2023: 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.
Paper summaries
Thomas Talhelm@ThomasTalhelm
New paper! Here's the one-minute version. There's a puzzle I've been thinking about for a long time. Wealthy countries tend to be happier...
5:28 PM · Jan 24, 2023
215 Reposts · 1.08K Likes
Thomas Talhelm@ThomasTalhelm
Is it social comparison? One way to get a hint is to look at things that people often compare, like income. And wow, income is 7 times more important for people's happiness in rice areas.
5:28 PM · Jan 24, 2023
2 Reposts · 49 Likes
Silvia Saccardo@silvia_saccardo
Do individuals seek to limit or enable their ability to distort beliefs? How do these choices affect behavior?
New paper w @m_serra_garcia in AER today!
Enabling or Limiting Cognitive Flexibility?Evidence of Demand for Moral Commitment
aeaweb.org/articles?id=10…
@AEAjournals
1/9
aeaweb.org
Enabling or Limiting Cognitive Flexibility? Evidence of Demand for Moral Commitment
5:38 PM · Jan 27, 2023
25 Reposts · 123 Likes
^and/or:
Marta Serra@m_serra_garcia
Do individuals seek to limit or enable their ability to distort beliefs? How do these choices affect behavior?
New paper w/ @silvia_saccardo in AER!
Enabling or Limiting Cognitive Flexibility?Evidence of Demand for Moral Commitment
aeaweb.org/articles?id=10…
@AEAjournals
1/9
aeaweb.org
Enabling or Limiting Cognitive Flexibility? Evidence of Demand for Moral Commitment
5:52 PM · Jan 27, 2023
39 Reposts · 172 Likes
Emma van Inwegen@emmavaninwegen
🚨🚨🚨 New working paper! In a field experiment on an online labor market, job applicants who had access to algorithmic writing assistance on their resumes were more likely to get hired. Thread on why this matters.
With @zanmuny @johnjhorton
drive.google.com/file/d/1BeUpq1…
\1
drive.google.com
algo_writing_exp.pdf
8:58 PM · Jan 26, 2023
96 Reposts · 339 Likes
Emma van Inwegen@emmavaninwegen
There is a strong correlation between the number of writing errors in an applicant’s resume and the likelihood they get hired. Here is the correlation between % words spelled right & p(hired) in a large online labor market. \3
8:58 PM · Jan 26, 2023
3 Reposts · 14 Likes
John Paul Koning@jp_koning
Fascinating to see how US banks profit off of credit cards users. For customers with low credit scores, the majority of bank revenues are in the form of interest. For sophisticated customers (i.e. high credit score), revenue is mostly from interchange.
federalreserve.gov/econres/feds/f…
12:58 PM · Jan 26, 2023
14 Reposts · 36 Likes
Lior Sheffer@LiorSheffer
Now in @apsrjournal: We report striking experimental evidence on how politicians bargain, with data from over 1,100 sitting politicians in five countries who agreed to participate in modified ultimatum games./1
cambridge.org
How Do Politicians Bargain? Evidence from Ultimatum Games with Legislators in Five Countries | American Political Science Review | Cambridge Core
2:16 PM · Jan 27, 2023
78 Reposts · 310 Likes
Mihail Velikov@VelikovMihail
🚨New 📜: Assaying Anomalies (w/ Robert Novy-Marx)🚨
❓ How do we evaluate new return predictors in the cross-section of equities (aka anomalies)?
👉 We propose a protocol for understanding and testing the robustness of new anomalies
👇🧵 to follow (1/12)
papers.ssrn.com/abstract=43380…
2:35 AM · Jan 26, 2023
16 Reposts · 74 Likes
Heath Henderson@hendersonhl22
Can cash transfers be harmful?
Nearly everything I see on Twitter highlights the beneficial effects of cash, so I thought I'd share a few examples where cash programs had detrimental effects. 1/n
8:39 PM · Jan 27, 2023
68 Reposts · 336 Likes
Ethan Mollick@emollick
Want to shape the law? Write a Wikipedia article.
Clever paper created detailed Wikipedia articles on 77 Irish Supreme Court cases, and finds those cases are more likely to be cited by lower courts... who also echo the language of the Wikipedia articles! papers.ssrn.com/sol3/papers.cf…
4:28 AM · Jan 30, 2023
273 Reposts · 1.11K Likes
More paper summaries
Peter Fallesen @pfallesen@sciences.social@PFallesen
🚨New working paper on effect of union dissolution on children's test scores🚨 @mathildelholm, @EskilHeinesen, and I use Danish administrative data including national test scores to study how union dissolution affects children's learning 1/n osf.io/preprints/soca…
11:35 AM · Jan 25, 2023
10 Reposts · 33 Likes
^divorce, not labor unions
Zarek Brot-Goldberg@zarekcb
Wherein @Samantha_Burn @timothyjlayton @borisvabson and I take on the unenviable task of defending medical paperwork:
"Rationing Medicine Through Bureaucracy: Authorization Restrictions in Medicare"
on NBER: nber.org/papers/w30878
and ungated:
zarekcb.github.io
1:54 PM · Jan 23, 2023
34 Reposts · 84 Likes
Nicholas says, NGDP Targeting Now! 🏳️🌈🌐🇺🇦@captgouda24
Why would companies bunch at 100, 200, and 500 employees? The answer lies in discrimination law. The Civil Rights Act of 1991 limits damages, provided they are under given number of employees. This has strongly negative results on the economy!
papers.ssrn.com/sol3/papers.cf…
1:38 PM · Jan 27, 2023
216 Reposts · 1.54K Likes
Jan Eeckhout@jan_eeckhout
I don’t think people fully appreciate that high inflation in the US and the Euro area is over. We are back at 2%
Part of the high inflation perception today is measurement: instantaneous inflation in December is 2% instead of the conventional measure of 6.5%
1/9
11:06 AM · Jan 23, 2023
593 Reposts · 2.34K Likes
Heather Lanthorn | boosted: grateful + angry@hlanthorn
1/ In @WorldDevJournal, @tom_wein, Torben, & I propose a set of first steps–drawing on theory, framework, and small-scale empirical results–to taking seriously respect-for-dignity in the design, delivery, and donation-seeking for aid and development efforts.
4:20 PM · Jan 29, 2023
21 Reposts · 61 Likes
Charles Kenny@charlesjkenny
New paper and blog: The Ultimate Resource is Peaking. A paper about slowing growth in global human capital, the declining marginal technology return of education and the future of progress.
cgdev.org/publication/ul…
cgdev.org
Is The Rate of Global Progress at a Peak?
5:44 PM · Jan 25, 2023
8 Reposts · 34 Likes