Best of #econtwitter - Week of July 4, 2021 [1/2]
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 one of two, this week — part two is here.
Paper summary threads
Clever natural experiment on effects of breastfeeding
Children born on weekends in UK are less likely to be breastfed as less support & advice is available in hospitals
breastfeeding -> "large (positive) effects on childrens cognitive development"
ifs.org.uk/wps/wp201331.p…
I am delighted to see our paper Security Transitions is appearing in the July issue of the AER. Its perfect timing as NATO is in the final phase of withdrawal from Afghanistan after a 20 year long war that started following 9/11...
📰👉 bit.ly/3wYyqaF
🧵👇
... they use these rates to study many interesting aspects of capital market development. The 2 most striking results are given by the pix below: 1) interest rates in China are nearly twice those in Britain; 2) bilateral interest rates correlation is lower & steeper in China...
"Our model predicts that three-quarters of coal generation capacity will retire in the next twenty years, with most of that retirement concentrated in the next five years."
nber.org/papers/w28949
🚨 Working Paper Alert 🚨
"When Should We (Not) Interpret Linear IV Estimands as LATE?" (arxiv.org/abs/2011.06695)
I am excited to share a new draft of my working paper. I have not written about this paper on Twitter before so ... here goes a thread.
1/n
Working paper by @xgabaix and @rkoijen on the inelastic markets. ht @paulgp. My thread on an earlier presentation here:
nber.org/papers/w28967
Arpit Gupta @arpitrage
Excited about this update of my paper with @GuthmannR on the informational efficiency for different types of markets.
How much information do different market structures need to communicate to implement the equilibrium?
Now with fancy graphics 🕺
briancalbrecht.com/Guthmann_Albre…
A lot has been written about gender differences in the ability to work from home during Covid
I've just revised my paper which uses detailed task level data to show that, even pre-Covid, women faced more interruptions when WFH with sig. implications for productivity 🧵
Should agents in an economy specialize early on in life, or experiment to discovery where their true talent really lies? This is an age-old question.@GuidoFriebel, Tobi Brunner, Suraj Prasad and I bring a career-concerns perspective to this in "Incentives to Discover Talent" 1/5
More: regional heterogeneity and US election forecasting; startup acquisition theory; monetary union theory; new monetary shock series
Public goods
For those of you who are struggling with choosing between R, Python, and STATA. Let me introduce you to this lovely website that provides you statistical models across all three platforms. It is so appropriately named LOST. #EconTwitter
Interesting discussions
Made some ~metaplots~ using NBER ~metadata~
thelittledataset.com/2021/06/28/met…
Teaser questions:
- is it just me or do economists rly like using the verb "exploit"?
- is DD or IV bigger rn?
- what are the demos of NBER paper authors?
- how often do people use :'s in titles?
(🧵: 1/n)
It has now become clear that the 2020 Census will not provide block-level statistics usable for planning or research./1
@arpitrage @jialanw @startupecon @CFCamerer I recently started a nonprofit in part to route a large share of my job through an org that isn’t my university, and thus to reduce my overall admin burden. Says a lot that this was a no-brainer.
The data section of a paper does not need to be boring.
The data section is actually an opportunity to present a compelling narrative to justify or defend your data choices.
A thread.
1/6
#EconTwitter, which one-word album titles could also be titles for economics papers?
Melanie Meng Xue @Melanie_Xue