Best of #econtwitter - Week of July 3, 2022 [2/3]
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.
This is part two of three.
Paper summaries
Pascal Michaillat@pmichaillat
Recently @hpschneider asked Powell which vacancy-to-unemployment ratio the Fed might target. Powell responded that the Fed doesn't have a goal in mind. This new paper (w/ Saez) shows that a vacancy-to-unemployment ratio of 1 is what the Fed should target:
arxiv.org/abs/2206.13012
5:08 PM · Jun 28, 2022
70 Reposts · 328 Likes
Matthew Gudgeon@MatthewGudgeon
Using two eligibility thresholds in the Armed Forces Qualification Test (AFQT) in an RD design, we find that enlistees experience increases in average annual earnings at both cutoffs. 2/9
1:56 PM · Jun 29, 2022
3 Reposts · 8 Likes
Matthew Gudgeon@MatthewGudgeon
But long-run returns to service vary significantly by race. Black servicemembers experience annual gains of $5,500 at the 31 AFQT cutoff and $15,000 at the 50 AFQT cutoff 11-19 years after applying. Service also increases homeownership and, at the lower cutoff, marriage. 3/9
1:56 PM · Jun 29, 2022
1 Repost · 4 Likes
Jeremy Neufeld@JeremyLNeufeld
Zoning reform is pro-natal policy
"We find a significant negative relationship between land use restrictions and fertility rates across all measures and geographies."
7:47 PM · Jun 29, 2022
98 Reposts · 519 Likes
Florian Ederer@florianederer
Every now & then I come across a beautiful paper that makes me answer the question "Is this economics?" with an emphatic YES.
The debutante season was disrupted in 1861-63 by Queen Victoria's mourning. This led to less assortative matching & reduced aristocratic power.
3:19 AM · Jun 29, 2022
244 Reposts · 1.35K Likes
Martin Schmalz@martincschmalz
Who are the largest shareholders of America's largest firms?
You think you know?
Are you sure?
New paper dropped -- shows to which extent it's Mavericks vs "universal owners" vs "common owners".
🧵1/n
8:22 AM · Jul 3, 2022
45 Reposts · 255 Likes
S Anukriti@s_anukriti
First, we document the extent to which fertility preferences are misaligned between women & their mothers-in-law (MILs). On average, a MIL wants her daughter-in-law (DIL) to have 0.9 more children & 1.4 more sons than the DIL wants to have.
2:36 PM · Jul 1, 2022
1 Repost · 5 Likes
Rachel Glennerster@rglenner
12yrs ago we published paper showing @sevamandir 's small incentives sharply increased immunization in India. But it was hard to scale. Its been long road but new paper with @IRDGlobal @DanyaArif @AamirKhan_SG @ChandirSubhash Sara Abdullah & EDuflo gives a road map to scale 1/n
eClinicalMedicine – The Lancet Discovery Science @eClinicalMed
🗣️NEW Research: A randomised controlled trial of mobile conditional cash transfers to improve routine childhood immunisation coverage and timeliness in Pakistan
The findings make a strong case for implementation
Read more: https://t.co/oIiu2JMRvb https://t.co/Yt0j8P6ZWB
3:57 PM · Jul 1, 2022
16 Reposts · 49 Likes
Interesting discussions
Plamen V Nikolov 🇺🇸🌐@pnikolov
Very helpful slides: "Tips for Doing Better Field Experiments and Getting Your Work Published" by @Econ_4_Everyone from AFE:
s3.amazonaws.com/fieldexperimen…
Should be helpful to improve your work & change the way you design, examine, interpret & write up future studies.
#EconTwitter
8:04 PM · Jun 28, 2022
8 Reposts · 16 Likes
Ben Golub 🇺🇦@ben_golub
It's such an interesting tradition that mathematics courses are performed each time they are taught, with teachers writing out and thinking through the same things on a chalkboard, year after year. And also that it's not easy to find a better way to do it.
8:34 PM · Jun 28, 2022
24 Reposts · 600 Likes
^lots of replies
Allison Shertzer@econhist_allday
The AEA is now recommending that all interviews be held virtually for the New Orleans meetings, both due to covid and to "promote equity." I think this is a reasonable compromise on all fronts and I'm grateful to the organization for providing this guidance.
4:27 PM · Jul 1, 2022
40 Reposts · 262 Likes
Kevin Bryan@Afinetheorem
W/o AEA interview commitment, market unravels. Already happening with Euro & mgmt dept exploding offers. Simple fix: public letter from 100s of chairs supporting reneging on offers exploding before Jan 31. Also suspect virtual is less "inclusive" - hate this language w/o evidence
AEA Information @AEAInformation
With the goal of creating a fair and inclusive job market, the AEA is asking employers to consider following a specific timeline for interviews and flyouts for the upcoming job cycle. More info can be found here: https://t.co/Ue8s94fCdG
10:29 PM · Jul 1, 2022
4 Likes
Kaleb Nygaard@KalebNygaard
The boundaries of the Federal Reserve districts are *not* the same today as they were in 1914. And shockingly (to literally only me) the Fed hasn’t documented these changes in a single place. So here I present 5 major changes of the past century #FedThread 🔎🗺️
1/17
8:20 PM · Jun 29, 2022
11 Reposts · 45 Likes
John Horton 🇺🇦@johnjhorton
I've been working with @apo_filippas to create a tool that examines your gmail/google workspace data & generates a report with insights into how you work, collaborate & spend your time. If you'd like to try it out, sign up here:
docs.google.com/forms/d/e/1FAI…
RTs appreciated!
1:10 PM · Jun 28, 2022
25 Reposts · 49 Likes
Remy Levin 🇺🇦@RemyLevin
I've been using Mendeley Desktop daily for years, & have an annotated library of thousands of pdfs. Today, I switched to Zotero. Here's a 🧵of tips on how to do this, if you're also tired of Elsevier's BS and want to make the switch w/minimal effort while maintaining workflow.
7:34 PM · Jul 3, 2022
978 Reposts · 4.66K Likes