Best of #econtwitter - Week of June 5, 2022 [2/3]
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 two of three.
Paper summaries
🚨New paper!🚨
with @VrindaMittal2 and @SVNieuwerburgh: we know remote work has been a big deal over the last couple of years.
But what does this mean for the future of commercial offices?
draft: papers.ssrn.com/sol3/papers.cf…
substack: arpitrage.substack.com/p/remote-works…
thread 👇
We look at lease-level data from CompStak, and see evidence for declines in leasing revenue.
Office leases are staggered, so only part of the effects have shown up.
Also evidence of flight to quality — younger, amenity-rich buildings holding up demand better.
^comes with extremely readable blog summary, as all good papers should
This is why I’m on Twitter (quit FB 2+ yrs ago). @arpitrage posts new cool paper; @JuraWho adds interesting complementary facts. Informative discussion. I hope folks post less on their recent Paris or London trips and save those for FB or Instagram…
Jura Liaukonyte @JuraWho
I am very happy to see my paper, "Interpreting OLS Estimands When Treatment Effects Are Heterogeneous: Smaller Groups Get Larger Weights," published open access in the May issue of @restatjournal. TLDR: the OLS weights on heterogeneous treatment effects are *weird* even if... 1/5
The Review of Economics and Statistics (REStat) @restatjournal
"Unequal Jury Representation and Its Consequences" by S. Anwar + @PatBayerNC + @ProfHjalmarsson
Residents of predominantly White + high-inc neighborhoods are overrep'd on juries
They estimate equal representation would reduce Black defendants' median sentence length by 50%
^ “But, (due to data limits) it is unknown if "this variation already exists in the master list used to call jurors or results from disparate neighborhood response rates"”
Important new research out today in AER Insights:
Expanding the size of the police force saves lives & Black lives disproportionately by reducing homicide. It also reduces the # of and arrests for serious crimes, but increases arrests for petty crimes.
Out today in AER: Insights, my paper "The Liquidity Sensitivity of Healthcare Consumption" with @talgross and @prinzdani
We show that Medicare prescription fills spike on social security paydays for those facing very small copays ($2-4) but not for those facing no copays.
AEA Journals @AEAjournals
🚨🚨🚨 New NBER WP just dropped with @ekaterinajardim, @mlmarklong, Bob Plotnick, @JakeVigdor, and @hilweth. It's on spillover effects of place-based policies and what employer-employee matched data can teach us about them!
nber.org/papers/w30075
1/n
^another thread from another coauthor
🚨🚨New @AnnenbergInst paper w/ @DrDarrylVHill, Rodney Hughes, @kontinent & @linzcpage:
New Schools and New Classmates: The Disruption and Peer Group Effects of School Reassignment
Top-level headline: higher-achieving students⬆️peers’ test scores
edworkingpapers.com/ai21-412
Public goods
Dear paper writers, consider using \𝘶𝘴𝘦𝘱𝘢𝘤𝘬𝘢𝘨𝘦[𝗯𝗮𝗰𝗸𝗿𝗲𝗳=𝗽𝗮𝗴𝗲]{𝘩𝘺𝘱𝘦𝘳𝘳𝘦𝘧} instead of simply \𝘶𝘴𝘦𝘱𝘢𝘤𝘬𝘢𝘨𝘦{𝘩𝘺𝘱𝘦𝘳𝘳𝘦𝘧} to make it easier for a reader to jump to the references and back.
Interesting discussions
1/ I only marginally work on these histories, but I’m teaching them & being asked often about, so
Here’s long thread on some controversies over how economists modeled nature after World War II & contexts
(exhaustive history of environmental econ thread is beyond my ability)
I'm sometimes sad that not enough of my MBA students have seen The Wire and that campus climate has changed so much that in order to demonstrate fundamental concepts of Competitive Strategy it is no longer optimal to show clips of this masterpiece in class.
A short thread:
🧵👇
Alan Sepinwall @sepinwall
Academics would double our productivity if we learnt some basic project management skills that are bog standard in the industry. We have this myth that scholarly success is all about brilliance and creativity, but in fact 90% of it is getting sh*t done, same as any other job.
Like most scholars, I used to start too many projects and inevitably let half of them wither and die slowly due to inattention. But a few years ago I began making go/no-go decisions after the preliminary stage of a project. Never mind productivity, it has let me regain my sanity!
