Best of #econtwitter - Week of January 29, 2023: interesting tweets

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.

Public goods

Sebastian Kranz @sean_ulm

DATABASE WITH AUTOMATIC STATA REPRODUCTIONS IN ECONOMICS Here you can find economic articles with data and many automatically performed reproductions of the Stata code: ejd.econ.mathematik.uni-ulm.de More info on my blog post: skranz.github.io/r/2023/01/23/F… @AeaData #EconTwitter

Jeff Gortmaker @jeff_gortmaker

Excited about this new package! To give a sense of the growing Python IO ecosystem, pyRVtest depends on PyBLP, which in turn depends on PyHDFE (github.com/jeffgortmaker/…), a package for high dimensional fixed effect absorption, also created by @anya_tarascina and me. 1/3

Lorenzo Magnolfi @lore_magno

*Package Launch* One of my favorite trends in empirical IO is the increasing availability of portable code to estimate structural models – see PyBLP @conlon_chris @jeff_gortmaker, several packages by @jamesbrandecon. This is key to make IO tools accessible (also outside IO) [1/5]

Jimbo Brand @jamesbrandecon

Already a fan of this paper, and the package looks awesome. If I didn't hate Python with such a passion I would be stacking everything onto PyBLP like this. What excites me about this type of work, and why I'm trying to make lots of small packages, is that /

Lorenzo Magnolfi @lore_magno

*Package Launch* One of my favorite trends in empirical IO is the increasing availability of portable code to estimate structural models – see PyBLP @conlon_chris @jeff_gortmaker, several packages by @jamesbrandecon. This is key to make IO tools accessible (also outside IO) [1/5]

Nick Hagerty @hagertynw

Here are the full materials for my data-science-in-economics course, for anyone who might benefit The idea is to explicitly teach skills/tools that otherwise are only gained through RA experiences. Help level the playing field for research/PhDs/predocs

github.comGitHub - msu-econ-data-analytics/course-materialsContribute to msu-econ-data-analytics/course-materials development by creating an account on GitHub.

Interesting discussions

Ricardo Perez-Truglia @pereztruglia

🚨 Tips for writing a POSITIVE referee report. As an author and an editor, I’ve noticed some reviewers are better than others at writing a positive referee report. So, I decided to share 3 simple tips in the thread below. 👇 #EconTwitter

Pinar Yildirim Honold @Prof_Yildirim

A busy month of refereeing, luckily with papers that I am really enjoying reading. Inspired by @pereztruglia’s thoughtful notes, here are some heuristics I use while refereeing.

aedmans @aedmans

Over 7 years as (Managing) Editor of the Review of Finance, I had to reject 1,000 papers given our increase in standards. "Lessons From 1,000 Rejections" aims to use them constructively by distilling common reasons for rejection to guide future research.

papers.ssrn.comLearnings From 1,000 RejectionsThe Review of Finance aimed to significantly increase its standards over my 6 years as Managing Editor and 1 year as Editor. To comply with these new standards,

Andrey Fradkin 🇺🇦 @AndreyFradkin

@aedmans Interesting and useful article. I am glad that you try to edit out misleading, pointless, and irrelevant citations. Sadly most editors are not like that and authors jam articles with citations to please everyone. Is there any hope for a better equilibrium?

Ben Golub 🇺🇦 @ben_golub

A lot of yesses here. In academia, the now standard balance advice (that overworking isn't worth it) risks misleading the naive. For most, giving up some balance for a time is *necessary* for big successes. Balance conversations are dishonest if they don't acknowledge this.

Amanda Goetz @AmandaMGoetz

Anyone saying they had zero balance in their 20s to be successful in their 30s and 40s….. was it worth it?

marina azzimonti @mazzimon77

What is your favorite quote about macroeconomics? (pls mention author)

Hariharan Jayashankar @harijayashankar

I can't help but feel it's a huge loss to the economics profession that we now have a high bar for the PhD stage. Bob Lucas did a BA in History and became an econ grad student partly due to his interest in history. Can't imagine a grad student taking that path today

ChatGPT

Nick HK @nickchk

I gave ChatGPT my upcoming principles of micro midterm and it got 63% (typical actual-student score around 80% or a touch lower)

^thread

David Smerdon @dsmerdon

Why does chatGPT make up fake academic papers? By now, we know that the chatbot notoriously invents fake academic references. E.g. its answer to the most cited economics paper is completely made-up (see image). But why? And how does it make them? A THREAD (1/n) 🧵

Fin

Brad Chattergoon @bradchattergoon

I'm taking "Real Analysis, Convexity, and Optimization" through Harvard's Extension School this semester and in the first lecture the prof says that the course used to be called "Convexity and Optimization w/ Applications" but Econ grad adcoms want to see a course with ... 1/

Brad Chattergoon @bradchattergoon

"Real Analysis" in the title so some students used to take another course with that in the title after already taking the Optimization course even though the content was mostly the same, so they decided to add "Real Analysis" to the title of the Optimization course. 🤔 2/2

Joe Vavra @JoeVavra

Nailed it