Best of Econtwitter

Share this post

Best of #econtwitter - Week of June 7, 2020

www.bestofecontwitter.com

Best of #econtwitter - Week of June 7, 2020

An Economist
Jun 14, 2020
Share this post

Best of #econtwitter - Week of June 7, 2020

www.bestofecontwitter.com
Share

Welcome to this week’s edition of the Best of Econtwitter. Recommendations always welcome over email or on Twitter @just_economics.

New papers

Twitter avatar for @BarbaraBiasi
Barbara Biasi @BarbaraBiasi
🚨New working paper alert “Flexible Wages, Salaries, and The Gender Gap,“ with Heather Sarsons. A thread; comments welcome! 1/9 tinyurl.com/ybj4wtr6
Image
6:31 PM ∙ Jun 8, 2020
676Likes214Retweets
Twitter avatar for @startupecon
Michael Ewens @startupecon
The paper in one figure: compensation increases with firm size proxies only after a startup completes its first product.
Image
Twitter avatar for @nberpubs
NBER @nberpubs
Compensation for founder-CEOs of VC-backed startups increases significantly after the firm achieves product-market fit, marking the startup's transition from 'differentiation' to 'standardization', from @startupecon, Ramana Nanda, and Christopher Stanton https://t.co/o4vblh6dqT https://t.co/ZE85HPC6nO
10:01 PM ∙ Jun 10, 2020
31Likes13Retweets
Twitter avatar for @ArshiaHashemi
Arshia Hashemi @ArshiaHashemi
🚨 NEW PAPER 🚨 "Social Insurance in General Equilibrium". Comments very welcome! THREAD Link: static1.squarespace.com/static/5e96d45…
Image
1:01 PM ∙ Jun 11, 2020
Twitter avatar for @dbroockman
David Broockman @dbroockman
My work w/ @esoltas on discrimination in elections is out in the Journal of Public Economics @JPubEcon authors.elsevier.com/a/1bCZtAlw9itfn It's in an econ journal, but the paper is about an idea I think poli sci should think about more: acting on racism can undermine one's own goals. (1/n)
Image
2:00 AM ∙ Jun 12, 2020
136Likes49Retweets
Twitter avatar for @RalphLuet
Ralph Lütticke @RalphLuet
Now out as @cepr_org working paper: The Liquidity Channel of Fiscal Policy (with @christianbaye13 and @bornecon). Gated:cepr.org/active/publica… Ungated: dropbox.com/s/yyzhz2zv487i… Thread.
dropbox.comBBL_Fiscal_Liquidity_June_2020.pdfShared with Dropbox
10:36 AM ∙ Jun 13, 2020
49Likes16Retweets

Public goods

Twitter avatar for @cawley_john
John Cawley @cawley_john
I'm happy to serve on the new AEA Ad Hoc Committee on the Job Market, with Matt Gentzkow, Brooke Helppie-McFall, Peter Rousseau & Wendy Stock. We'll be collecting & disseminating info on the job market for rookie Econ PhDs. #EconTwitter #EconJobMarket 1/5
aeaweb.orgAmerican Economic AssociationCommittee Members:
3:27 PM ∙ Jun 8, 2020
201Likes58Retweets

Institutional reform proposals

Twitter avatar for @paulnovosad
Paul Novosad @paulnovosad
What if, effective immediately, we declare the next 10 journals to be just as good as top5s. AEJs, REStat, JEEA, you decide. This would have a whole lot of benefits. 1/N
2:13 PM ∙ Jun 10, 2020
343Likes73Retweets
Twitter avatar for @IvanWerning
Ivan Werning @IvanWerning
I feel we need to talk about the QJE and JPE being department owned operations, Harvard* and JPE, with editors that stay on for decades (perhaps as a result of the small pool they draw on, or otherwise). Is this the best for the profession? (* don’t be confused, not MIT)
12:22 PM ∙ Jun 10, 2020
469Likes74Retweets
Twitter avatar for @FlorinBilbiie
Florin Bilbiie @FlorinBilbiie
STOP TOP5: a proposal to cure top5ism An idea I've been toying with for long. Motivated to post here by recent posts. Sloppy, meant to launch a debate. Most people agree that the obsession with top5, I call it top5ism (top5itis, tyranny, whatever you want to call it) is toxic1/n
3:29 PM ∙ Jun 10, 2020
70Likes18Retweets
Twitter avatar for @mdoepke
Matthias Doepke @mdoepke
Concentration of power is a problem in economics, and the top-5 journals are the prime example. A realistic path for improvement is to massively increase the number of papers published in these journals. Top-5 publications are artificially scarce. Let's change that. 1/6
Twitter avatar for @IvanWerning
Ivan Werning @IvanWerning
I feel we need to talk about the QJE and JPE being department owned operations, Harvard* and JPE, with editors that stay on for decades (perhaps as a result of the small pool they draw on, or otherwise). Is this the best for the profession? (* don’t be confused, not MIT)
2:51 PM ∙ Jun 10, 2020
302Likes73Retweets
Twitter avatar for @CZimm_economist
Christian Zimmermann @CZimm_economist
I once floated a proposal that would put the journal hierarchy upside down. Any manuscript submission would have to start at the lowest level, say at the "Journal of the Labor Income Share." Once it passes that hurdle (which should be PLOS-like easy), then it can apply to 1/n
7:39 PM ∙ Jun 10, 2020
18Likes2Retweets
Twitter avatar for @SorryToBeKurt
Kurt MIT-shock-man @SorryToBeKurt
At face value, it sounds like a very simple proposal. Let me offer some thoughts being on the other side, as an. editor at a top-5 1/
Twitter avatar for @mdoepke
Matthias Doepke @mdoepke
Concentration of power is a problem in economics, and the top-5 journals are the prime example. A realistic path for improvement is to massively increase the number of papers published in these journals. Top-5 publications are artificially scarce. Let's change that. 1/6 https://t.co/fhNuqSFUEh
11:35 PM ∙ Jun 10, 2020
62Likes14Retweets

Miscellaneous

Twitter avatar for @Jabaluck
Jason Abaluck @Jabaluck
It's time for normative economics Saturday wherein we discuss whether economic analysis reaches insane conclusions about racism. (Indirectly inspired by: )
Twitter avatar for @Simon_Mongey
Simon Mongey @Simon_Mongey
@haralduhlig @FedericoGanz You're putting preventing small amounts of looting ahead of everything else. That's a choice. I'm choosing to put the ability of people to choose where and when to protest first. It's a question of values.
8:55 PM ∙ Jun 6, 2020
72Likes20Retweets
Twitter avatar for @ben_golub
Ben Golub @ben_golub
Popular opinion: formalizing normative reasoning about big political questions is tricky. But only a little thought is enough to see that the toolbox that most economists reflexively reach for (Pareto efficiency, planner weights, etc.) isn't so useful for these questions. 1/3
Twitter avatar for @Jabaluck
Jason Abaluck @Jabaluck
Suppose society is 75% white people who like being racist and are rich(er), so they are willing to pay $50,000 to preserve the racist status quo. It's 10% black people who are each willing to pay $50,000 to end the racist status quo. Does pareto efficiency say: let's be racist?
3:27 PM ∙ Jun 7, 2020
124Likes21Retweets
Share this post

Best of #econtwitter - Week of June 7, 2020

www.bestofecontwitter.com
Share
Comments
Top
New
Community

No posts

Ready for more?

© 2023 An Economist
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing