Best of #econtwitter - Week of June 26, 2022 [2/2]
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 two of two.
Paper summaries
Interesting set of slides from @ChadJonesEcon estimating that ~75% of global welfare growth over the past centuries has been population growth rather than income per capita growth: web.stanford.edu/~chadj/slides-…
ارزشهای جهانشمول یعنی اعمال استانداردهای اخلاقی مشابه و دادن وزن مشابه به منافع خودیها و غریبهها.
از شرکتکنندهها میپرسند 1000 دلار را چطور بین یک فرد غریبه و یک فرد خودی (مثلاً دوست یا خانواده) تقسیم میکنید؛ با فرض اینکه هر دو وضع مالی یکسانی دارند.
nber.org/papers/w30157
Thrilled that this paper (with @ravivmg @enrico_berkes @M_B_Ross Julia Lane and Bruce Weinberg) is out in @Nature today.
We find that women are much less likely to be credited with authorship (13% less) and inventorship (59% less) than men🧵
Mary Elizabeth @meharpist
Many immigrants to the US give their kids generic "American" first names. This turns out to make a difference. For every ethnic group (besides Russian Jews), more generic names are linked to higher incomes. Social class only accounts for 1/3 of the effect. academia.edu/download/44421…
See this figure illustrating the striking difference b/w the relationship between a state's historical racial regime (HRR) & poverty for Black Southerners vs. White Southerners. There is NO relationship between HRR and White poverty. This is not the case for Black poverty. 5/8
💡 Inference in difference-in-differences with few treated clusters 💡
Ferman and Pinto (2019) was published a couple of years ago, when I was not on Twitter. But I think it’s not too late to write a thread on it.
1/12
My research with Will Gerken, "The Value of Differing Points of View: Evidence from Financial Analysts’ Geographic Diversity," was just accepted @RevOfFinStudies !
To celebrate, I made this gif summarizing the paper
(I also already celebrated like a normal human person)
Happy to have participated in the @econometricsoc North American Summer Meeting with our paper On the Estimation of Social Effects with Observational Network Data and Random Assignment. The Spillovers and Peers Effects session contained excellent work. Some highlights here
Compulsory government procedures can be extremely annoying (hey DMV!) But violating them can be costly.
In an RCT with 30,000 people, @HelenHoPhD and I assess the causal impact of violating low-level compulsory government procedures.
More: hospitals posting prices or not; after school tutoring RCT; early childhood inequality; corporate tax meta analysis; HANK via NNs; US wage data; markup estimation with distorted inputs
Interesting discussions
This was surprising to me. 🧵 1/
Eva Vivalt @evavivalt
+1 on this advice. It is OK for anyone to reject a request to review - rejecting a request with a list of 2-3 good alternates that might not be on the editor's radar is incredibly helpful (nearly equal value to doing the report...)
Jennifer Doleac @jenniferdoleac
Publishing in economics is BROKEN.
So when I got an email from INEXSY (@Prof_Riemann), a market for papers, I opened it.
Authors post abstract & figs of a paper; then journals see, DM for deets, & make publication offers,
I am NOT endorsing, but economists should model this.
@anup_malani @Prof_Riemann I think you could take the system one step further. Author submits to market, market collects reports from well-paid referees, and reports + paper are reviewed by group of 5-10 journals. Then journals bid for papers
Easy mitzvah: send a comment to the Census against the proposed Census wage rounding.
I pulled a couple of specific examples from @BitsyPerlman's useful thread.
https://t.co/0PFq4IdG4h
Gabriel Demombynes @gdemom