Best of #econtwitter - Week of July 31, 2022 [1/2]
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 one of two.
How much does where you grow up determine the labor markets that you’re exposed to in adulthood? Excited to share a new working paper with and Sonya Porter. Here’s a thread on our work (1/N):
New RCT on 1612 employees, finding hybrid 1) Reduced quit rates by 1/3 2) Shifted hours from WFH days to office days & weekends 3) Increased messaging and video calls (even in the office) 4) Generated a small productivity increase Paper: bit.ly/3J4rL5I
These health differences are present even at the moment of birth, before post-birth exposures to cultural or social factors in the US. E.g. the very poorest Swedes are born with birthweight far exceeding the very richest Americans.
Poor Americans die younger than rich Americans, but even if you just look at rich Americans vs rich Europeans there’s a significant death gap. https://t.co/92djCTYsaQ https://t.co/sAJoReMK6S
Matthew Yglesias @mattyglesias
Excited to share our new WP about: - mental health effects of restrictive gender norms - impacts of encouraging girls to go against norms - impacts of engaging w/ setters & enforcers of norms w/ Sonya Krutikova & Paper tinyurl.com/ycx7jvtn 🧵below
New paper with Kartini a Shastry Check out “Reject or Revise: Gender Differences in Persistence and Publishing in Economics” papers.ssrn.com/sol3/papers.cf… Highlights ⬇️ 1/6
Today, we present “Causal Effects of Early Career Sorting on Labor and Marriage Market Choices: A Foundation for Gender Disparities and Norms” @ Labor Studies & Personnel Economics (2:25 pm ET) or youtube.com/nbervideos 1/20
Awesome working paper on "The Geography of Child Penalties and Gender Norms: Evidence from the United States" by Henrik Kleven. Some highlights in thread below.👇 [1/5]
New work from me and my coauthor (slides here, paper coming soon): Covid-19 illnesses have reduced the US labor force by 500k-900k, with an economic burden of illness ~1/2 of cancer or diabetes.
First, today at 1:15 ET I'll be co-presenting new work with @esoltas on "The Impacts of Covid-19 Illnesses on U.S. Workers." https://t.co/qwzKVqUsoO 2/n
Gopi Shah Goda @ipogadog
New working paper on long-term sickness and labour market outcomes with imperial.ac.uk/people/j.haske… Amongst other things we explore the rise of in-work long-term sickness, changes during the pandemic, and implications for the future. A thread 🧵 on the paper 1/13
Building on the work done by Chetty et al., and we show that there is a strong negative correlation between exposure to particulate matter at birth and later-life economic opportunity. In fact, we find that it’s one of the top 5 predictors of economic opportunity!
** The burst of high inflation in 2021-22: How and Why? I just released a paper based on several talks I’ve given over many months (starting with Markus Academy and ending with ) on why monetary policy did not stop inflation rising in 2021-22 🧵
Heterogeneous-agent New Keynesian models (HANKs) are at the forefront of research in monetary economics. What do we know about optimal monetary policy in these models? How does household/firm/bank heterogeneity affect MP design? A short (personal and technical) 🧵 1/12
Is this you, or someone you know? I have good news. This fall is hosting a free, 6-week, online course, taught by top scholars in the field! (Link at the end of the thread)
This is a great solution all around — set a date, and avoid exploding offers before then. Let candidates walk away from those offers to ensure that. And let the exploding offers fly after Feb 20.
New recommendations from the American Finance Association on the upcoming rookie job market: no initial interviews before Dec. 15, no campus visits until after the AFA meeting, offers that expire before Feb. 20 are deemed “exploding” and if accepted are not considered binding. https://t.co/vWglPyMjus
Lisa Kramer @LisaKramer
I don't (for the purposes of a public tweet) know who needs to hear this, but: figures that you made for a paper are frequently not good figures for presentation slides